6 bedroom Country House for sale in San Miguel de Abona, Tenerife, Spain

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Ref: 1599

Property marketed by Smilo Real Estate SL

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REF MAS0981 Smilo Properties offers its clients a beautiful old Canarian style house in the heart of San Miguel de Abona. The property has 800m2 and is divided into two floors distributed in six spacious rooms, two bathrooms, kitchen and living room. It also has an upper terrace and a lovely private garden. Emblematic and unique building, known as the Casino de San Miguel, offers multiple possibilities for distribution and use of space, making it an optimal investment, either as a holiday accommodation; recreational uses; family housing, etc. Do not hesitate and contact us for your visit.

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Property Features

6 bedrooms
1 bathroom
800m² Build size
800m² Plot size
a reformar
histórico
independiente
jardín comunitario
terraza

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

197,000€

Final Payment of 90% on completion

1,800,000€

Property Purchase Expenses

Property price

2,000,000€

Transfer tax 10%

200,000€

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:

2,000,000€

Deposit:

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* 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%.