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4 bed villa for sale in Santiago del Teide, Spain, 440 m² - photo 1
4 bed villa for sale in Santiago del Teide, Spain, 440 m² - photo 2
4 bed villa for sale in Santiago del Teide, Spain, 440 m² - photo 3
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4 bed villa for sale in Santiago del Teide, Spain, 440 m² - photo 5
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4 bed villa for sale in Santiago del Teide, Spain, 440 m² - photo 7
4 bed villa for sale in Santiago del Teide, Spain, 440 m² - photo 8
4 bed villa for sale in Santiago del Teide, Spain, 440 m² - photo 9
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4 bed villa for sale in Santiago del Teide, Spain, 440 m² - photo 14
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4 bed villa for sale in Santiago del Teide, Spain, 440 m²

ID: 173241
Price€620,000
TypeVilla
Covered area440 m²
Beds4
Bath3
Rooms5
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4 Bed Villa - Playa de La Arena

Environment
Playa de la Arena is located on the south west coast of Tenerife and is only a short distance from holiday resorts like Los Gigantes and Puerto de Santiago. Situated in the municipality of Santiago del Teide, Located at about 30 kilometres from Playa de Las Americas and Los Cristianos. It is generally acknowledged that the year-round climate in this region is among the best in the World. Playa de La Arena is a small cozy village, black sand beach, restaurants and cafés.
Building
Nice 140 m2 villa on a plot of 300 m2 near the beach, with four bedrooms, three bathrooms, big living room, basement floor and a laundry.

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
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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%
Jane
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