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4 bed villa for sale in Santiago del Teide, Spain - photo 1
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4 bed villa for sale in Santiago del Teide, Spain

ID: 173423
Price€1,500,000
TypeVilla
Beds4
Bath4
Rooms5
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4 Bed Villa - Los Gigantes - San Francisco

Environment
Los Gigantes is situated in the municipality of Santiago del Teide, is located about 30 kilometers from Playa de Las Americas and Los Cristianos. It is widely recognized that the year-round climate in this region is one of the best in the world.
Building
Magnificent four bedroom villa in the tranquil urbanization of San Francisco. Constructed over two levels, the first level comprises private lock up garage with direct access to the house, utility room, 3 bedrooms one of which boasts and en suite bathroom and an additional bathroom. The upper floor boasts the main master suite with en suite bathroom and separate shower, living area and kitchen with dining area. Extensive terraces offer all day sun, wonderful views and a private swimming pool. Included with the sale of this beautiful villa is a large plot of land measuring 2040 m2.

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
2 588 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%
Amina
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