3 bedroom Villa for sale

3 bedroom Villa for sale

Arico, Tenerife
345,000
 
  • 3 bedroom Villa for sale
  • 3 bedroom Villa for sale
  • 3 bedroom Villa for sale
  • 3 bedroom Villa for sale
  • 3 bedroom Villa for sale
  • 3 bedroom Villa for sale
  • 3 bedroom Villa for sale
  • 3 bedroom Villa for sale
  • 3 bedroom Villa for sale
  • 3 bedroom Villa for sale
  • 3 bedroom Villa for sale
  • 3 bedroom Villa for sale
  • 3 bedroom Villa for sale
  • 3 bedroom Villa for sale
  • 3 bedroom Villa for sale
  • 3 bedroom Villa for sale
  • 3 bedroom Villa for sale
  • 3 bedroom Villa for sale
  • 3 bedroom Villa for sale
  • 3 bedroom Villa for sale
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Ref: 6405EX
Property marketed by Smilo Real Estate SL Smilo Real Estate SL
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REF 6405EX

Great opportunity for investors – Single-family home of 177 m² divided into 3 apartments in South Tenerife, ready to operate with vacation or long-term rentals.

Property of 177 m² built, fully renovated with quality materials and ready to move in or rent from day one.

Single-family home converted into three independent apartments, perfect for combining personal residence and income generation.

Quiet area, well connected, no community fees, currently with a functioning vacation rental license and proven high profitability.

Layout by floors
- Basement – 82 m²: 2-bedroom apartment, living room, equipped kitchen, bathroom with shower, and private terrace; has windows and very good natural light, making it especially cozy.
- Ground floor – 60 m²: 1-bedroom apartment with open-plan kitchen and bathroom; spacious, bright, fully renovated, and decorated in a modern style.
- Upper floor – 35 m²: Studio with sea views, functional kitchen, and bathroom with shower; ideal as a vacation apartment or additional private space.

Ideal for
Investors seeking high profitability with a ready-to-go product.
Large families wanting to live nearby but independently, utilizing all three units.
Anyone wishing to use one of the apartments as their primary residence and rent out the other two to generate recurring income.

Price and call to action
Price: €345,000.

A secure, versatile investment with great potential in South Tenerife. For more information or to arrange a visit, contact us today.

Property Features

  • 3 bedrooms
  • 3 bathrooms
  • 177m² Build size
  • aire acondicionado
  • armarios empotrados
  • cocina amueblada
  • cocina equipada
  • exterior
  • jardín
  • luminoso
  • reformado
  • terraza
  • terrera

EPC Rating

Energy Rating Scale
A 
B 
C 
D 
E 
F 
G 

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
31,500€
Final Payment of 90% on completion
310,500€
 
Property Purchase Expenses
Property price
345,000€
Transfer tax 10%
34,500€
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:
345,000€
Deposit:
Interest Rate:
%
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.

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%.

Read More

Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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