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3 bed villa for sale in Majorca, Spain, 270 m²

3 bed villa for sale in Majorca, Spain, 270 m² - photo 1
3 bed villa for sale in Majorca, Spain, 270 m² - photo 2
3 bed villa for sale in Majorca, Spain, 270 m² - photo 3
3 bed villa for sale in Majorca, Spain, 270 m² - photo 4
3 bed villa for sale in Majorca, Spain, 270 m² - photo 5
3 bed villa for sale in Majorca, Spain, 270 m² - photo 6
3 bed villa for sale in Majorca, Spain, 270 m² - photo 7
3 bed villa for sale in Majorca, Spain, 270 m² - photo 8
3 bed villa for sale in Majorca, Spain, 270 m² - photo 9
3 bed villa for sale in Majorca, Spain, 270 m² - photo 10
Price€1,700,000
TypeVilla
Covered area270 m²
Beds3
Bath3
Rooms4
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Description

House with stunning views of mountains, sea and Palma trees located in the prestigious area son caulellas just 20 minutes drive from Palma. House built 2003, area of 2000m2, living area of 270m2, 200m2 terrace area. The house has a spacious living room with fireplace, large equipped kitchen of 20m2, 4 bedrooms, 3 bathrooms, air conditioning, ceramic floors, gas heating, storage room, Laundry room, garage for 3 cars, large pool 12Х6м, garden 1500 m2 with automatic watering, barbecue.

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
in Spain
Barcelona, Marbella, Mallorca, Tenerife
+34 (931) 720-189
in UK
London
+44-20-3936-4067
in Russia
Moscow
+7 (495) 240-81-87
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