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4 bed villa for sale in Majorca, Spain, 600 m²

4 bed villa for sale in Majorca, Spain, 600 m² - photo 1
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4 bed villa for sale in Majorca, Spain, 600 m² - photo 8
4 bed villa for sale in Majorca, Spain, 600 m² - photo 9
4 bed villa for sale in Majorca, Spain, 600 m² - photo 10
4 bed villa for sale in Majorca, Spain, 600 m² - photo 11
4 bed villa for sale in Majorca, Spain, 600 m² - photo 12
4 bed villa for sale in Majorca, Spain, 600 m² - photo 13
4 bed villa for sale in Majorca, Spain, 600 m² - photo 14
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4 bed villa for sale in Majorca, Spain, 600 m² - photo 17
4 bed villa for sale in Majorca, Spain, 600 m² - photo 18
4 bed villa for sale in Majorca, Spain, 600 m² - photo 19
4 bed villa for sale in Majorca, Spain, 600 m² - photo 20
Price€2,440,000
TypeVilla
Covered area600 m²
Beds4
Bath6
Rooms5
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Description

A beautiful country house built in 2004 is located in a picturesque area only 10 minutes drive from Palma. The area of 10,000 m2, building area of 600m2, terraces of 300m2. The house is built with Arabic style with original materials. The house has 5 bedrooms, 6 bathrooms, 2 toilets, equipped kitchen, marble and tile floors, living room with fireplace, interior courtyard design, glass domes in the ceiling, gas Central heating throughout the house, air conditioning. In the garden there is a swimming pool, Jacuzzi, garage. The house has a panoramic view.

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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