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3 bed apartment for sale in Eivissa, Ibiza, Spain, 190 m²

3 bed apartment for sale in Eivissa, Ibiza, Spain, 190 m² - photo 1
Covered area190 m²
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Apartment in Paseo Marítimo

Apartment for sale Las Boas Marina Botafoch

Apartment on the fifth floor of the Las Boas building. The apartment has 4 bedrooms and 3 bathrooms, a large living room of 90m2 with open kitchen and all the furniture has an elegant design. Location of Las Boas building is excellent, near the port and only a few minutes from the old town. For people looking for a full comfort and style. Luxury apartment in the best known part of Ibiza Marina Botafoch. For only 10min walking from Talamanca beach. Terraza 85m2. Parking included


Extra Сosts when Buying Property

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%
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
  • Spain, IbizaSpain, Ibiza
    Apartment €1,690,000
    • Covered area: 140 m²
    • 4 rooms, 3 bath
  • Spain, IbizaSpain, Ibiza
    Apartment €1,550,000
    • Covered area: 115 m²
    • 4 rooms, 3 bath
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