Costa Adeje - Golf Costa Adeje - Arona

**Playa de las Américas, located on the southern coast of Tenerife island, was founded in the 1960s and has rapidly developed into a luxury tourist and residential destination. With its convenient geographical location, Playa de las Américas is strategically situated between the municipalities of Arona and Adeje. This destination is known not only for its golden sandy beaches but also for its proximity to important historical sites, including the nearby Teide National Park, showcasing the rich volcanic geology of the region. Over the decades, it has become an epicenter of luxury and exclusivity in the Canary Islands.** **The Exclusive Property Market in Playa de las Américas** The exclusive property market in Playa de las Américas is strong, showing high demand that often exceeds supply. The current political and economic situation is stable, contributing to investor and buyer confidence in this area. **Costs and Commissions in Property Purchase** In Playa de las Américas, the average real estate commission for a buyer when purchasing a house is around 3%. Sellers commonly pay a commission of 5% for selling a property. Additionally, buyers should consider additional costs such as an 8% transfer tax, notary fees, and potential construction inspection or legal costs. **Property-Related Taxes** The transfer tax on private property is approximately 8%. There is no specific wealth tax for private residential properties. However, taxes must be paid on the gains from selling properties, with rates varying depending on whether the property is used as a primary residence or a second home. Gains from the sale of a second/vacation home are subject to a 19% tax. **Mortgage Requirements and Options** To obtain a mortgage in Playa de las Américas, typically a minimum equity ratio of 30% of the property value is required. Local banks usually offer mortgages covering up to 70% of the purchase price, depending on the applicant's income and financial profile. **Luxury Residential Areas** The most exclusive and sought-after areas in Playa de las Américas include places like El Duque and La Caleta. These areas are particularly popular due to their stunning sea views and access to high-end services. **Accessibility and Transportation** Playa de las Américas is easily accessible by road and is approximately 20 kilometers southwest of Santa Cruz de Tenerife, the nearest large city. Tenerife South Airport is just 18 kilometers away, facilitating both national and international travel. **Education and Training** Near Playa de las Américas are important educational institutions like the Costa Adeje International School and the University of La Laguna in Santa Cruz de Tenerife, offering a wide range of educational programs. **Natural Environment and Climate** The setting in Playa de las Américas is spectacular, with golden beaches, crystal-clear waters, and a subtropical climate that guarantees sunshine for most of the year. The temperatures are warm and pleasant, perfect for enjoying the outdoors year-round. **Sports and Outdoor Activities** Playa de las Américas is ideal for sports enthusiasts, offering activities such as golf at Golf Las Américas, water sports, hiking, and cycling. **Luxury Shops and Exclusive Lifestyle** The area offers a selection of luxury shops, including the Safari shopping center. Additionally, Playa de las Américas is famous for its elegant restaurants like La Cupula Restaurant and its vibrant nightlife with exclusive clubs and casinos, such as the Hard Rock Café Tenerife and Casino Playa de las Américas. **Cultural and Sporting Events** Significant cultural and sporting events are held annually, such as the Santa Cruz de Tenerife Carnival and various regattas and surfing competitions. **Art and Culture** Nearby, there are museums and galleries like the Museum of Nature and Man in Santa Cruz and the Tenerife Auditorium, known for its modern architecture and varied cultural programming. **Healthcare Services and Hospitals** Playa de las Américas has access to several high-quality clinics and hospitals, including Hospiten Sur and Clínica Parque. **Infrastructure and Public Services** The public infrastructure in Playa de las Américas is modern and well-maintained, offering high-quality services including drinking water, reliable electricity, and an efficient public transportation network. Immerse yourself in the luxurious lifestyle offered by Playa de las Américas and find your ideal home in this fabulous location.