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REF 6435I
Housing for sale in San Miguel de Tajao – Arico
Cozy urban home for sale located on the ground floor, completely renovated, situated in the peaceful coastal town of San Miguel de Tajao, belonging to the municipality of Arico (South Tenerife).
The property has 65 m² built according to the registry and is functionally distributed as follows:
Bright living room with good ventilation.
Independent kitchen.
One renovated full bathroom.
Two bedrooms: one double and one single.
At the front, it features a 4.6 m² porch, perfect as a private outdoor area to enjoy the local climate.
The home is sold with a current vacation rental license, making it an excellent opportunity for both permanent residence and tourist investment.
Sale price: €195,000
A move-in ready property located in a highly sought-after coastal area due to its peaceful environment and good connection to the main roads of the southern part of the island.
Housing for sale in San Miguel de Tajao – Arico
Cozy urban home for sale located on the ground floor, completely renovated, situated in the peaceful coastal town of San Miguel de Tajao, belonging to the municipality of Arico (South Tenerife).
The property has 65 m² built according to the registry and is functionally distributed as follows:
Bright living room with good ventilation.
Independent kitchen.
One renovated full bathroom.
Two bedrooms: one double and one single.
At the front, it features a 4.6 m² porch, perfect as a private outdoor area to enjoy the local climate.
The home is sold with a current vacation rental license, making it an excellent opportunity for both permanent residence and tourist investment.
Sale price: €195,000
A move-in ready property located in a highly sought-after coastal area due to its peaceful environment and good connection to the main roads of the southern part of the island.
Property Features
- 2 bedrooms
- 1 bathroom
- 65m² Build size
- amueblado
- cocina amueblada
- cocina equipada
- exterior
- luminoso
- terraza
- vistas al mar
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,500€
Final Payment of 90% on completion
175,500€
Property Purchase Expenses
Property price
195,000€
Transfer tax 10%
19,500€
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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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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