Located on the charming island of Tenerife, Golf Costa Adeje is famous for its rich history and cultural heritage. Overlooking the stunning Atlantic coast, this attractive locale exudes the island's sublime beauty. Once a defensive destination during the era of Spanish conquests, it has evolved into an exclusive residential area. From its old lighthouse to the historic buildings that dot the landscape, Golf Costa Adeje is a perfect blend of the old and the new.
The State of the Real Estate Market in Golf Costa Adeje
Currently, the market for exclusive properties in Golf Costa Adeje is strong and stable. The demand for luxury houses and apartments here consistently outstrips supply, mainly due to the area's stunning natural beauty and thriving economy. The politics and economy of Golf Costa Adeje are stable, providing prospective property owners with great confidence in investing here.
Costs and Commissions When Buying a Property
In terms of costs and commissions, a real estate buyer in Golf Costa Adeje can expect to pay an average real estate commission of 3-5% and a property transfer tax of 6.5%. Depending on the property acquired, there may also be additional fees, such as building inspections and legal costs. Sellers can also expect to pay a similar commission.
Taxes in Golf Costa Adeje
Homeowners will be subject to wealth tax, which varies depending on the property's value. In case of the sale of a privately-owned house or apartment, it should be noted that capital gains taxes apply to both primary residences and second homes/vacation properties. Corporate income taxes and personal taxes in Golf Costa Adeje vary, so further research is recommended to get accurate figures.
Life in Golf Costa Adeje
With its beautiful landscapes and pleasant climate, along with a variety of exciting outdoor activities, luxury shops, and high-quality restaurants, Golf Costa Adeje entices lovers of high life. The most sought-after locations tend to be those with panoramic ocean views and proximity to golf facilities. Just a short drive from Tenerife South Airport and major cities like Santa Cruz, Golf Costa Adeje is easily accessible.
Culture and Comfort in the Exclusive Golf Costa Adeje
Highlighting cultural and sports events, fascinating museums, and a range of educational institutions, Golf Costa Adeje is not lacking in the cultural and educational aspect. Aside from having access to several top-notch hospitals and public services, residents enjoy a multitude of recreational activities, from water sports to hiking, and of course, golf. With its enchanting mix of colonial history and luxurious modern lifestyle, it's easy to see why Golf Costa Adeje is one of the most coveted places to live in Tenerife.