4 bedroom Land for sale in Adeje, Tenerife, Spain

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Ref: 056481/6907

Property marketed by Canary Hogar

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Urban plot of 166m2 for sale in Armiñeme near Adeje. It has a connection to water and electricity supplies.~~The area in which the land is located is a quiet and residential area, with good connections to both public transport and by car. It would be just a few minutes from the motorway so it keeps us well connected.~~In the vicinity we can find both local shops and playgrounds or a good area to park. We also have local pharmacies or supermarkets where we can get everything we need as well as shopping centres, petrol stations and just a few minutes from the beach.

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Property Features

4 bedrooms
1 bathroom
166m² Plot size
Light
Water
Vistas al mar
Garden

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

23,200€

Final Payment of 90% on completion

235,800€

Property Purchase Expenses

Property price

262,000€

Transfer tax 10%

26,200€

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:

262,000€

Deposit:

€

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Period:

Mortgage Result

* 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%.