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9 bed hotel for sale in Ibiza, Spain, 388 m² - photo 1
9 bed hotel for sale in Ibiza, Spain, 388 m² - photo 2
9 bed hotel for sale in Ibiza, Spain, 388 m² - photo 3
9 bed hotel for sale in Ibiza, Spain, 388 m² - photo 4
9 bed hotel for sale in Ibiza, Spain, 388 m² - photo 5
9 bed hotel for sale in Ibiza, Spain, 388 m² - photo 6
9 bed hotel for sale in Ibiza, Spain, 388 m² - photo 7
9 bed hotel for sale in Ibiza, Spain, 388 m² - photo 8
9 bed hotel for sale in Ibiza, Spain, 388 m² - photo 9
9 bed hotel for sale in Ibiza, Spain, 388 m² - photo 10

9 bed hotel for sale in Ibiza, Spain, 388 m²

ID: 245996
Price€3,500,000
TypeHotel
Covered area388 m²
Land area69000 m²
Beds9
Bath7
Rooms10
Qualify for Residence Permit
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CAN ALT, Puig d'en Valls

Rustic property located in Puig d'en Valls area, next to the old road of Sant Mateu, with a surface area of ​​69,000 m2.

The characteristics of the farm and its surroundings make it suitable for all types of activities related to rural tourism, such as agrotourism or rural hotel.
The tranquility of a rustic landscape of low density of population and perfectly preserved, are united to the proximity to the city of Ibiza (located to little more than 4 km) and the easy access from the main roads of the island.

As for the main construction, it is a house built for more than 200 years. It has 388.46 m2 built, distributed in ground floor and first floor, and is perfectly restored, paying particular attention to the original architecture. It presents the typical layout of traditional Ibizan houses, with high thick stone walls plastered and bleached. The ceilings preserve the original wooden beams.

Another construction, annex of the main house, is located 100 m from this, equipped with all modern comforts, modern style Ibiza, with outdoor porch and barbecue. It has 84.86 m2 built. This building is linked to the old Ferris wheel of the farm, which retains the swimming pool or "safareig" irrigation that occupies an area of ​​139 m2 and has a capacity of 236 m3, adjacent to which there are two small storage rooms, which occupy an area of ​​9.72 m2 built.

An extensive area of ​​the farm, of 5.817 m2, is occupied by the structure of 6 greenhouses, built in galvanized steel, prepared for any type of crop.
These greenhouses are located at the northeast end of the plot and have their own access road, which makes it possible to harmonize their exploitation with other uses that may arise on the farm.
On the other hand, in the southern area of ​​the plot, there is a plantation of orange and lemon trees that covers an area of ​​4,345 m2.

In addition, the beauty of the landscape, the tranquility of the surroundings and the numerous rural roads in the area, away from the traffic density of the main roads, make it ideal for horse riding, with the possibility of numerous routes for riding on horseback with scant traffic. In the farm there are easily adaptable buildings as stables for the accommodation of horses.

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

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  • Spain, IbizaSpain, Ibiza
    House €2,600,000
    • Covered area: 256 m²
    • 7 rooms, 5 bath
  • Spain, IbizaSpain, Ibiza
    Land €2,100,000
    • Covered area: 2160 m²
  • Spain, IbizaSpain, Ibiza
    Land €1,600,000
    • Covered area: 195 m²
    • 5 rooms, 4 bath
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