3 bedroom Apartment for sale in Adeje, Tenerife, Spain

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Ref: 056091/6907

Property marketed by Canary Hogar

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We have for sale a ground floor apartment with sea views, in the Elite Palace residential complex in the Duque Area, consisting of 3 double bedrooms, 1 full bathroom, living room kitchen, garage included in the price. This apartment is ideal if you are looking for comfort and proximity to the main points of Costa Adeje. The property has spacious rooms, a bathroom, and a terrace perfect for enjoying the local climate. In addition, the parking space is a great advantage. The communal pool is an excellent extra to relax.

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Property Features

3 bedrooms
1 bathroom
90m² Build size
Swimming Pool
Alarm Theft
telephone
Wardrobes cupboard
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%

49,500€

Final Payment of 90% on completion

472,500€

Property Purchase Expenses

Property price

525,000€

Transfer tax 10%

52,500€

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.

Mortgage Calculator

Mortgage Amount:

525,000€

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%.