1 bedroom Villa for sale in Costa del Silencio, Tenerife, Spain

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Ref: 401-2901

Property marketed by IMMOSUD TENERIFE SL

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"Immosud Tenerife S.L." presents you this single-storey bungalow in La Estrella. With a rustic plot of 238 m2 and a built area of 61 m2, this house is distributed in a spacious living-dining room, open-plan kitchen, 1 bedroom, 1 bathroom, a covered terrace, and additional space for parking cars or creating a beautiful garden, or even installing a pool. Although the house requires some improvements, it offers endless possibilities for remodeling and decorating to your liking, thus creating the perfect home. Call us quickly to ask for more informations, pictures or ro visit it at our whatsapp nº +34 650 020985

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Property Features

1 bedroom
1 bathroom
61m² Build size
238m² Plot size
near transport
close to golf
garden
terrace
parking
disabled access

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

14,000€

Final Payment of 90% on completion

153,000€

Property Purchase Expenses

Property price

170,000€

Transfer tax 10%

17,000€

Notary fees (approx)

600€

Land registry fees (approx)

600€

Legal fees (approx)

1,500€

* Transfer tax is based on the sale value or the cadastral value whichever is the highest.

** The information above is displayed as a guide only.

Mortgage Calculator

Mortgage Amount:

170,000€

Deposit:

€

Interest Rate:

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Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.