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2 bed apartment for sale in Eivissa, Ibiza, Spain, 110 m²

2 bed apartment for sale in Eivissa, Ibiza, Spain, 110 m² - photo 1
2 bed apartment for sale in Eivissa, Ibiza, Spain, 110 m² - photo 2
2 bed apartment for sale in Eivissa, Ibiza, Spain, 110 m² - photo 3
2 bed apartment for sale in Eivissa, Ibiza, Spain, 110 m² - photo 4
2 bed apartment for sale in Eivissa, Ibiza, Spain, 110 m² - photo 5
2 bed apartment for sale in Eivissa, Ibiza, Spain, 110 m² - photo 6
2 bed apartment for sale in Eivissa, Ibiza, Spain, 110 m² - photo 7
2 bed apartment for sale in Eivissa, Ibiza, Spain, 110 m² - photo 8
2 bed apartment for sale in Eivissa, Ibiza, Spain, 110 m² - photo 9
2 bed apartment for sale in Eivissa, Ibiza, Spain, 110 m² - photo 10
2 bed apartment for sale in Eivissa, Ibiza, Spain, 110 m² - photo 11
Price€590,000
TypeApartment
Covered area110 m²
Beds2
Bath2
Rooms3
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Environment

Apartment in Dalt Vila

Modern duplex apartment for sale with roofterrace in Dalt Villa on Calle de la Virgen street. Apartment has 3 floors. On the first floor is situated very bright living room with open style kitchen, bathroom with shower. On the second floor there are 2 bedrooms - one with double bed and another with 2 twin beds, wardrobes in each, shower. Third floor is around 50m2 big roof terrace with great sea views and views on the port of Ibiza.

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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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%
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