New construction Villa Abades in Arico photo 1Under construction
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New construction Villa Abades in Arico photo 2
New construction Villa Abades in Arico photo 3
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New construction Villa Abades in Arico photo 5

New construction Villa Abades in Arico

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Santa Cruz de Tenerife, Arico

Ref: 4666

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2023Year of delivery
Under constructionBuilding State
171 m²built square meters

Real estate in Villa Abades

Located in the charming region of Santa Cruz de Tenerife, the property showcases the finest in Spanish architectural design. It offers three spacious double bedrooms, four well-appointed bathrooms, and a large living area with an open-plan kitchen that seamlessly extends to a sun terrace. The thoughtful layout includes a basement level, adaptable for personal use as a gym, game room, home theater, storage area, or even a supplementary studio. Adding to its convenience, a parking space is situated above the basement area.

The house is situated on a plot of 119 square meters, with a total built area of 171 square meters, of which 124 square meters are designed for comfortable living. Buyers have the option to acquire the property during its construction phase, which is currently 60% complete. The construction is set to be finished in about three months, with full project documentation and the occupancy certificate expected to be finalized by late summer 2023.

The final cost of the completed house, including all necessary documentation, is estimated at €350,000.

Advantages of a new building Villa Abades

Villa Abades stands out for its modern amenities and strategic location within a rapidly developing area. The municipality has seen swift growth, with major developers from the mainland investing in residential projects, further enhancing its appeal for both investment and permanent residence.

Life in the city Arico

Life in Arico is enriched by its stunning sandy beaches and captivating underwater landscapes. The protected area around the iconic lighthouse at La Punta de Abona offers natural beauty, while the direct access to the highway ensures quick travel to both the capital, Santa Cruz de Tenerife, and the island's southern attractions, such as Los Cristianos and Adeje.

Properties

from 171 from 350 000 

The information provided about prices, specifications, and details of this promotion is subject to possible variations and changes depending on the source. Therefore, it does not have commercial value in itself but is purely informative and indicative. This website does not market this project or property.

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Project information / Work status

  • Year of delivery2023
  • Building StateUnder construction

Property data

  • built square meters171 m²
  • Property typeNew construction

Top new builds in Spain

Facilities

Housing Amenities

  • Home Theater
  • Storage room
  • Terrace

In building

  • Gymnasium
  • Spa
  • Storage unit
  • Movie theater
  • Basement

Type of kitchen

  • American kitchen

State

  • Under construction

Mortgage calculator

Property price
Down payment
30,00%
Term in years
Interest rate type
Interest rate
Purchase taxes and fees
9,00%
Calculate:,,,,,,,
Monthly mortgage payment1 166 €
Amount financed by bank245 000 €
Taxes and expenses31 500 €
Final property cost including expenses381 500 €
Property cost after mortgage payoff (with interest)
524 665 €
incl. interest: 143 165 €

Profitability calculator

Property price
Renovation cost
100 000 €
Purchase taxes and fees
9,00%
Calculate:,,,,,,,
Additional expenses
100 000 €
(fees, legal procedures, registration, other expenses)
Expected monthly rent
10 000 €
Exit property price

Expenses (annual estimates)

Property tax
Community fees
Insurance
Other expenses

Address

Santa Cruz de Tenerife, Arico

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