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6 bed villa for sale in Vilaflor, Spain, 2976 m² - photo 1
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6 bed villa for sale in Vilaflor, Spain, 2976 m² - photo 3
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6 bed villa for sale in Vilaflor, Spain, 2976 m² - photo 5
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6 bed villa for sale in Vilaflor, Spain, 2976 m² - photo 7
6 bed villa for sale in Vilaflor, Spain, 2976 m² - photo 8
6 bed villa for sale in Vilaflor, Spain, 2976 m² - photo 9
6 bed villa for sale in Vilaflor, Spain, 2976 m² - photo 10
6 bed villa for sale in Vilaflor, Spain, 2976 m² - photo 11

6 bed villa for sale in Vilaflor, Spain, 2976 m²

ID: 173239
Price€1,900,000
TypeVilla
Covered area2976 m²
Beds6
Bath7
Rooms7
Qualify for Residence Permit
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Business - Vilaflor

Environment
The building is situated in an idyllic location on the main road to the National Park of Mount Teide, just 500 meters from Vilaflor and at 1.400m above sea level. On a plot of 2.625m2 is a constructed area of 1.173m2. On the ground floor of 822.18m2 is a shopwith handicraft art and wine sales, a bodega (wine bar), a public terrace, and an apartment with 69.63m2. In the first Floor on 281.85m2 there are another 6 guest apartments with balconies. In front of the building are customer parking spaces available. It has a wonderful view of Mount Teide and the beautiful landscape of Vilaflor.

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%
Helga
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