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Property marketed by Canary Hogar
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Introducing Ramada Residences by Wyndham. A collection of incredible 1 and 2 bedroom, fully refurbished apartments on an ever popular resort on the Costa Adeje, Tenerife. With a year round season, Tenerife provides the perfect opportunity for a sound property investment with personal usage built in whenever you want.~~Expertly renovated and furnished by renowned interior designer~1 and 2 bedroom options available~5% guaranteed returns available~Fully managed investment with personal holiday usage~Existing resort with established history of success~Fabulous Facilities~There is a fantastic onsite restaurant, “Zacharys” with live music and an adults only cocktail bar “Romys” to be enjoyed by guests and owners alike. Children and adults alike will appreciate the all-day supervised kids club providing energetic activities and entertainment for the kids, while parents take a well earned break lounging by the pool; our 24 hour reception and concierge is there to help with anything else in the meantime. An onsite mini market will keep your fridge stocked with essentials for enjoying your apartment.~~Effortless Ownership~Benefit from the experience of the world’s largest hotelier, by purchasing at Wyndham Residences, you will automatically become part of the established property rental [amp;] management programs offering you a completely hassle-free ownership experience. Book time in your apartment when you want it for yourself, and we will fill it for you when you don’t. With over 55 million Wyndham rewards members, your property will be part of the largest hotel marketing program in the world.~~Perfectly Located~Ramada Residences by Wyndham Costa Adeje is located on Costa Adeje close to the beautiful marina at Puerto Colon and a short drive from the lively Playa de las Americas. Only 20 minutes from the airport in the south of Tenerife it´s the perfect location to welcome the huge numbers of tourists who take advantage of Tenerife´s year round climate.~~Hassle Free – Fully Managed~Say hello to an investment that is completely hassle free. All the elements of owning, maintaining and renting out your holiday home will be taken care for you, allowing you to enjoy every minute of owning your new property.~~Marketing and management of your rental client bookings~24 hour reception~Cleaning services~Gardening and security~Full property management and maintenance services
Property Features
- 1 bedroom
- 1 bathroom
- 53m² Build size
- Swimming Pool
- Alarm Theft
- telephone
- Wardrobes cupboard
- Light
- Water
- Laundry
- Safe Deposit Box
- T. V.
- Mirador
- Vistas al mar
- Alarm Fire
- Residencial
- Terrace
- Elevator
- Community Pool
- Air-Conditioning
- Alarm
- Garden
- Furniture
- Appliances
- Solarium
- Gymnasium
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
25,500€
Final Payment of 90% on completion
256,500€
Property Purchase Expenses
Property price
285,000€
Transfer tax 10%
28,500€
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.