2 bedroom Apartment for sale in Adeje, Tenerife, Spain

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Ref: 051911/6907

Property marketed by Canary Hogar

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Cozy apartment completely renovated with sea view. Located in the well-known Lagos de Fañabe complex, two steps from Playa de Fañabe, with a spacious main room (with a small balcony, fitted wardrobes). Two bathrooms (with shower), living room that closes with glass doors and becomes another room, fully equipped kitchenette (oven, dishwasher, washing machine, etc.) Terrace with ocean views. Totally reformed. Close to all amenities, bar restaurants and without having to depend on a car. Lagos de Fañabe is an attractive, well-maintained complex with several heated swimming pools, a gym, bar and restaurant.~ Community: €240/month I.B.I: €260/year~

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Property Features

2 bedrooms
1 bathroom
66m² Build size
Swimming Pool
Balcon
Wardrobes cupboard
Prime line of the beach
Light
Water
Vistas al mar
Residencial
Terrace
Elevator
Community Pool
Air-Conditioning
Furniture
Appliances

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

52,000€

Final Payment of 90% on completion

495,000€

Property Purchase Expenses

Property price

550,000€

Transfer tax 10%

55,000€

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:

550,000€

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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Adeje, Tenerife

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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%.