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3 bed apartment for sale in Eivissa, Ibiza, Spain, 106 m² - photo 1
3 bed apartment for sale in Eivissa, Ibiza, Spain, 106 m² - photo 2
3 bed apartment for sale in Eivissa, Ibiza, Spain, 106 m² - photo 3
3 bed apartment for sale in Eivissa, Ibiza, Spain, 106 m² - photo 4
3 bed apartment for sale in Eivissa, Ibiza, Spain, 106 m² - photo 5
3 bed apartment for sale in Eivissa, Ibiza, Spain, 106 m² - photo 6
3 bed apartment for sale in Eivissa, Ibiza, Spain, 106 m² - photo 7
3 bed apartment for sale in Eivissa, Ibiza, Spain, 106 m² - photo 8

3 bed apartment for sale in Eivissa, Ibiza, Spain, 106 m²

ID: 275263
Price€1,050,000
TypeApartment
Covered area106 m²
Beds3
Bath2
Rooms4
Qualify for Residence Permit
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Environment

Apartment in Paseo Marítimo

Penthouse for sale 3 bedrooms 2 bathrooms,  170m2 terrace with jacuzzi,  communal swimming pool, parking included.

Views bay of Talamanca and Dalt villa Old town Ibiza.  Fully furnished by the designer Paco Teran of Madrid. Completely renovated, air conditioning and heating, anti humidity. New kitchen 15 year warranty. Equipped laundry, hot water from solar panels, construction is 11 years old. Optical fiber wifi included, audiovisual equipment,  shower rear terrace. There is home automation and alarm system with camcorder consergeria. Apartment with privacy without neighbors, is the only apartment on the sixth floor. Safety glasses without external noise, acoustic and thermal insulation. More parking spaces available for sale.

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Extra Сosts when Buying Property

WITHOUT MOTGAGE
VAT for new residential properties 10%
VAT for new commercial properties and plots of land 21%
Property Transfer tax for re-sale property 6-10%
Stamp Duty 1%
Notary and Land Registry fees about 2%
WITH MORTGAGE
To the expenses noted above add:
Bank mortgage fee, of the value of the mortgage 1%-1.5%
Mortgage deed tax 1.5%
Land Registry and notary expenses about 2%
Bank valuation of the property from €300
Documents translation from €200
Insurance payments for the first year from €300/год

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Interest Rate
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Ongoing Ownership Costs

Annual property ownership tax, calculated on the cadastral value 0.5-2%
Non-resident income tax (the base for the applicable tax rate is generally 2% of the cadastral value) 25%
Annual wealth tax 0.2%-2.5%
Rubbish Collection Tax €100-200 p.a.
Community expenses for condominiums and urbanisations from €300 p.a.
Water and electricity rates €100-200 per month

Additional Services Costs

Legal fees about 1%
Estate agency fees 3-5%

Return on Investment

Property Price
Rental Cost
0%
  • Spain, IbizaSpain, Ibiza
    Apartment €525,000
    • Covered area: 70 m²
    • 3 rooms, 2 bath
  • Spain, IbizaSpain, Ibiza
    Land €1,200,000
    • Covered area: 368 m²
  • Spain, IbizaSpain, Ibiza
    House €1,050,000
    • Covered area: 130 m²
    • 4 rooms, 3 bath
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