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Excellent exclusive investment opportunity within the highly sought-after residential complex Malibu Park, located on Calle Italia, Adeje.
This bright studio stands out for its impeccable condition following a comprehensive renovation, its large private terrace, and a privileged location in the south of Tenerife, making it ideal as a second home or a high-yield investment asset.
LAYOUT AND ACTUAL METERS
The property features an open-concept design that optimizes every square meter, ensuring maximum comfort and brightness
Interior built area: 40.00 square meters.
Estimated interior usable area: Around 34.00 square meters net.
Private outdoor area: Large terrace of 15.00 square meters with space for a solarium and outdoor furniture, perfectly oriented to enjoy direct sea views
Internal layout:
Integrated living-bedroom area, fully equipped open-plan kitchen, and a completely renovated full bathroom.
AMENITIES AND PROPERTY CONDITION
The property is sold on an exclusive basis and is completely ready for immediate occupancy or rental marketing:
Premium equipment: Delivered fully furnished and equipped, including installed air conditioning and laundry appliances (C&H washer and dryer).
Accessibility: Situated on the first floor, the apartment features adapted access for people with reduced mobility and the building is equipped with an elevator.
ABOUT THE MALIBU PARK COMPLEX
Located in one of the most in-demand tourist and residential areas of Costa Adeje, the complex offers excellent communal facilities:
Leisure areas: Large, fully operational communal swimming pool with spacious sunbathing areas.
Strategic location: Situated in an elevated area that guarantees excellent views, within walking distance of shopping centers, water parks, beaches, and quick connections to the TF-1 motorway.
FINANCIAL AND FISCAL DATA
Selling price: 244,000 euros
Community fees: 124 euros per month
IBI (Property Tax): 209.98 euros per year
Garbage fee: 209.00 euros per year
Property Features
- 0 bedrooms
- 1 bathroom
- 55m² Build size
- aire acondicionado
- amueblado
- armarios empotrados
- ascensor
- cocina amueblada
- cocina equipada
- estudio
- exterior
- luminoso
- terraza
EPC Rating
| Energy Rating Scale |
|---|
| A |
| B |
| C |
| D |
| E |
| F |
| G |
Costing Breakdown
* 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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* 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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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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