1 bedroom Duplex for sale in Arona, Tenerife, Spain

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Ref: 055291/6907

Property marketed by Canary Hogar

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On the southern coast of Tenerife in the fashionable complex Park Santiago-2, a cozy two-level apartment is offered for sale, consisting of a living room with an American kitchen, bathroom, a bedroom, and a terrace with a beautiful view of the surrounding area, the sea and the mountains. The apartment is furnished and fully equipped for a comfortable stay. On the territory of the complex there are children's and adult heated pools, reception, elevators and green spaces. It is located on the 1st coastline with direct access to the promenade, in the center of Las Americas, in a respectable area of the "golden mile", next to famous shopping centers, expensive hotels and the best beaches.

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Property Features

1 bedroom
1 bathroom
56m² Build size
Swimming Pool
Balcon
Wardrobes cupboard
Prime line of the beach
Light
Water
Vistas al mar
Alarm Fire
Residencial
Terrace
Elevator
Community Pool
Furniture
Appliances

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

36,900€

Final Payment of 90% on completion

359,100€

Property Purchase Expenses

Property price

399,000€

Transfer tax 10%

39,900€

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:

399,000€

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.

Spanish Property News & Updates by Spain Property Portal.com

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%.