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3 bed villa for sale in Majorca, Spain, 205 m²

3 bed villa for sale in Majorca, Spain, 205 m² - photo 1
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3 bed villa for sale in Majorca, Spain, 205 m² - photo 8
3 bed villa for sale in Majorca, Spain, 205 m² - photo 9
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3 bed villa for sale in Majorca, Spain, 205 m² - photo 11
3 bed villa for sale in Majorca, Spain, 205 m² - photo 12
3 bed villa for sale in Majorca, Spain, 205 m² - photo 13
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3 bed villa for sale in Majorca, Spain, 205 m² - photo 17
3 bed villa for sale in Majorca, Spain, 205 m² - photo 18
3 bed villa for sale in Majorca, Spain, 205 m² - photo 19
Price€1,300,000
TypeVilla
Covered area205 m²
Beds3
Bath4
Rooms4
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Description

Newly built Villa with swimming pool on the first line with the review of 180 degrees. Total area of 900m2, living area 205м2, lower terrace of 105m2, the top of 36m2, 4 spacious bedrooms, each with its own bathroom, American equipped kitchen, air conditioning throughout the house, garage for 1 car. The house is built from high quality modern materials. The terrace offers a magnificent view of the sea. A 20-minute walk has a small sandy beach, 6 restaurants and a supermarket.

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%
Company Representatives
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