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Land for sale in Eivissa, Ibiza, Spain, 368 m² - photo 1
Land for sale in Eivissa, Ibiza, Spain, 368 m² - photo 2
Land for sale in Eivissa, Ibiza, Spain, 368 m² - photo 3

Land for sale in Eivissa, Ibiza, Spain, 368 m²

ID: 274776
Covered area368 m²
Land area550 m²
Qualify for Residence Permit
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Plot in Ibiza

New Luxury Private Urbanization (Cas Mut) Privileged Location, Spectacular Views of the Sea, Salinas and Formentera. just minutes from downtown Ibiza
Urban plot of 550m2 with a project accepted by the town hall for a modern house of 368m2 built. Ask us for more information.

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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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
  • 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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