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Ref: 050191/6907
Property marketed by Canary Hogar
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Townhouse in Oasis de Fañabe Phase 1, with excellent distribution in very spacious and exterior spaces, surrounded by four terraces to always enjoy the best climate that the island of Tenerife offers us.~~~It has 4 very spacious exterior bedrooms, fitted wardrobes.~3 complete bathrooms, a toilet, very well equipped kitchen with high quality electrical appliances, fridge, microwave and dishwasher, communal swimming pool. ~ private garage can be accessed from the property for 2 cars. El Madroñal is a quiet and exclusive area. In the surroundings you will find all amenities such as restaurants, bars, shops, parks and the famous international school of Costa Adeje.~IBI 357€ per year. Community 91€. ~~~Undoubtedly an excellent investment opportunity, do not hesitate to contact us!~~
Property Features
- 4 bedrooms
- 4 bathrooms
- 287m² Build size
- Swimming Pool
- Balcon
- telephone
- Wardrobes cupboard
- Light
- Water
- Vistas al mar
- Alarm Fire
- Residencial
- Terrace
- Garage
- Community Pool
- Air-Conditioning
- Furniture
- Appliances
- Barbecue
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
46,800€
Final Payment of 90% on completion
448,200€
Property Purchase Expenses
Property price
498,000€
Transfer tax 10%
49,800€
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.
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Spanish Property News & Updates by Spain Property Portal.com
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.