5 Bed Apartment - Las Terrazas in Abama Resort, Tenerife
Abama Resort, Tenerife, Spain
Abama Resort, Tenerife, Spain
Abama Resort, Tenerife, Spain
Situated within the prestigious Abama Golf Resort, this 5 bedroom apartment with stunning sea views forms part of the first phase of the ultra-luxurious Las Terrazas de Abama complex. Known for its world-class golf course and unparalleled amenities, this development offers a lifestyle of sophistication and elegance.
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5 Bed | 4 Bath
EUR 2,300,000
Key Details
Abama Resort, Tenerife, Spain
Situated within the prestigious Abama Golf Resort, this 5 bedroom apartment with stunning sea views forms part of the first phase of the ultra-luxurious Las Terrazas de Abama complex. Known for its world-class golf course and unparalleled amenities, this development offers a lifestyle of sophistication and elegance.
Spanning an impressive 215m², this apartment is a true standout in the community. Its exceptional first-line position provides breathtaking panoramic views of the golf course, the Atlantic Ocean, and the enchanting Tenerife sunsets. Designed across a single level, the property is air-conditioned throughout and offers five spacious double bedrooms, three with en-suite bathrooms. A separate family bathroom ensures ample convenience.
The fully equipped independent kitchen features integrated appliances, a stylish breakfast bar, and a practical utility room. The expansive living area is bathed in natural light, offering dedicated spaces for both dining and lounging, all tastefully decorated in neutral tones.
The outdoor space is equally impressive, with a 75m² terrace accessible from the master and second bedrooms, as well as the lounge and dining room. This stunning area is perfect for entertaining, relaxing, or simply soaking up the spectacular views of the ocean and the lush golf course surroundings. Additional highlights include two parking spaces in the communal garage, a generously sized storage room, and immaculate, move-in-ready condition with high-quality furnishings included.
Residents of Las Terrazas de Abama enjoy access to three heated swimming pools, landscaped gardens, and an exclusive on-site hotel-style management service, allowing for optional holiday rentals. Owners also benefit from privileged access to the Plaza Abama Residents' hub, featuring cosy lounges, pools, a state-of-the-art gym, and premium boutiques. This exceptional property is a rare opportunity to experience luxury living in one of Tenerife’s most exclusive developments.
Read full detailsTenerife
Tenerife, the largest of the Spanish Canary Islands, is a four and a half hour flight from London on both scheduled and low-cost flights. Tenerife remains one of Northern Europe’s favourite winter escapes. It has Spain’s highest volcano, snow-capped Mount Teide, traditional Spanish towns in the north and theme parks and beaches in the south along with the ideal weather to enjoy them all. Year-round temperatures hover alluringly between 20 and 30°C.
The quieter north of the island has plenty of palm trees and banana groves and in recent years the island has worked hard to carefully landscape the main tourist centres. Kite surfers fill the skies at El Médano but away from the dark, rocky beaches it is increasingly golf that is the major draw with nine courses on the island.
Abama Golf & Spa Resort, one of the finest on the island and part of the five-star Ritz Carlton Hotel, is a hilltop course overlooking the sea thirty minutes from the international airport where past players include Bill Clinton.
The resort's Ritz-Carlton includes 13 restaurants including two with Michelin stars, an opulent spa, created by the design team behind Sanctuary Spa in London and Chiva Son in Thailand, and a fully-equipped gym with state-of-the-art equipment, personal trainers and a relaxing private spa-garden and café.
Other resort amenities include the tennis complex, golf course, beach access and dining facilities. Abama Resort is a 160 hectare estate designed by Chilean/Bolivian architect Melvin Vallaroel. Â
The Cost of Buying a Property in Tenerife
Before you purchase a property in Tenerife, it is important to know the costs involved with the purchase in addition to the price of the property.
Property Taxes and Fees in Tenerife:
On top of the asking price of the property in Tenerife, you will be required to pay taxes and legal fees for the purchase.
The general rule of thumb is that for property purchases in Tenerife you should allow an additional 10% of the property purchase price to cover the legal fees and purchase taxes etc. (this may be slightly more for lower value properties).
These will include:
Lawyers fees: For the conveyance, typically these are charged at 1% of purchase price + IGIC (VAT) at 6.5%. Usually lawyers will have a minimum fee however which is usually around €1,000-1,500 euros + IGIC.
The lawyer can also prepare a Power of Attorney for you (if required), the costs of this is typically between €150-€200 + IGIC at 6.5%.
Some lawyers may also offer a service to assist with the transfer of water, electricity & IBI (council tax) into the purchaser’s name. The costs for this varies but is usually around €250-€300 euros plus IGIC at 6.5%.
Land Registry search fees: These are usually approximately €30.00
Registration Fees:  Registration of property typically costs between €300-€900.
Spanish Notary Fees: Usually in the region of €700-€1,000.
Spanish Property Purchase Taxes: Transfer tax of 6.5% of the declared property value (or if the property is a new build, IGIC (VAT) is payable instead at 7% plus 1% stamp duty).
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