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1 bed apartment for sale in Playa de La Arena, Santiago del Teide, Spain, 53 m²

1 bed apartment for sale in Playa de La Arena, Santiago del Teide, Spain, 53 m² - photo 1
1 bed apartment for sale in Playa de La Arena, Santiago del Teide, Spain, 53 m² - photo 2
1 bed apartment for sale in Playa de La Arena, Santiago del Teide, Spain, 53 m² - photo 3
1 bed apartment for sale in Playa de La Arena, Santiago del Teide, Spain, 53 m² - photo 4
1 bed apartment for sale in Playa de La Arena, Santiago del Teide, Spain, 53 m² - photo 5
1 bed apartment for sale in Playa de La Arena, Santiago del Teide, Spain, 53 m² - photo 6
1 bed apartment for sale in Playa de La Arena, Santiago del Teide, Spain, 53 m² - photo 7
1 bed apartment for sale in Playa de La Arena, Santiago del Teide, Spain, 53 m² - photo 8
1 bed apartment for sale in Playa de La Arena, Santiago del Teide, Spain, 53 m² - photo 9
1 bed apartment for sale in Playa de La Arena, Santiago del Teide, Spain, 53 m² - photo 10
1 bed apartment for sale in Playa de La Arena, Santiago del Teide, Spain, 53 m² - photo 11
1 bed apartment for sale in Playa de La Arena, Santiago del Teide, Spain, 53 m² - photo 12
1 bed apartment for sale in Playa de La Arena, Santiago del Teide, Spain, 53 m² - photo 13
1 bed apartment for sale in Playa de La Arena, Santiago del Teide, Spain, 53 m² - photo 14
1 bed apartment for sale in Playa de La Arena, Santiago del Teide, Spain, 53 m² - photo 15
1 bed apartment for sale in Playa de La Arena, Santiago del Teide, Spain, 53 m² - photo 16
1 bed apartment for sale in Playa de La Arena, Santiago del Teide, Spain, 53 m² - photo 17
1 bed apartment for sale in Playa de La Arena, Santiago del Teide, Spain, 53 m² - photo 18
1 bed apartment for sale in Playa de La Arena, Santiago del Teide, Spain, 53 m² - photo 19
1 bed apartment for sale in Playa de La Arena, Santiago del Teide, Spain, 53 m² - photo 20
Price€159,000
TypeApartment
Covered area53 m²
Beds1
Bath1
Rooms2
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Environment

1 Bedroom Apartment

One bedroom penthouse on the first line! Fantastic views of the ocean and La Gomera from the living room.
Apartment consists of 1 bedroom, 1 bathroom, open kitchen. Completely renovated in 2016.
Community fee – 50 euros.
The popular Playa La Arena beach is 3 minutes away on foot.
All the necessary infrastructure is within walking distance.

Extra Сosts when Buying Property

WITHOUT MOTGAGE
VAT for new residential properties 10%
VAT for new commercial properties and plots of land 21%
Property Transfer tax for re-sale property 6-10%
Stamp Duty 1%
Notary and Land Registry fees about 2%
WITH MORTGAGE
To the expenses noted above add:
Bank mortgage fee, of the value of the mortgage 1%-1.5%
Mortgage deed tax 1.5%
Land Registry and notary expenses about 2%
Bank valuation of the property from €300
Documents translation from €200
Insurance payments for the first year from €300/год

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Interest Rate
274 per month
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Ongoing Ownership Costs

Annual property ownership tax, calculated on the cadastral value 0.5-2%
Non-resident income tax (the base for the applicable tax rate is generally 2% of the cadastral value) 25%
Annual wealth tax 0.2%-2.5%
Rubbish Collection Tax €100-200 p.a.
Community expenses for condominiums and urbanisations from €300 p.a.
Water and electricity rates €100-200 per month

Additional Services Costs

Legal fees about 1%
Estate agency fees 3-5%

Return on Investment

Property Price
Rental Cost
0%
  • Spain, AdejeSpain, Adeje
    Flat €169,000
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  • Spain, AronaSpain, Arona
    Apartment €185,000
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  • Spain, AronaSpain, Arona
    Apartment €180,000
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  • Spain, AronaSpain, Arona
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  • Spain, AronaSpain, Arona
    Apartment €155,000
    • Covered area: 56 m²
    • 2 rooms, 1 bath
  • Spain, AdejeSpain, Adeje
    Apartment €154,900
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    • 2 rooms, 1 bath
  • Spain, AdejeSpain, Adeje
    Apartment €165,000
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    • 2 rooms, 1 bath
  • Spain, AdejeSpain, Adeje
    Apartment €160,000
    • Covered area: 53 m²
    • 2 rooms, 1 bath
  • Spain, AdejeSpain, Adeje
    Apartment €180,000
    • Covered area: 45 m²
    • 2 rooms, 1 bath
Helga
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