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5 bed a house for sale in Majorca, Spain, 483 m²

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5 bed a house for sale in Majorca, Spain, 483 m² - photo 11
5 bed a house for sale in Majorca, Spain, 483 m² - photo 12
Price€3,850,000
Typea House
Covered area483 m²
Land area847 m²
Beds5
Bath5
Rooms6
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Description


New three-storey house with 5 bedrooms, several terraces, private garden, swimming pool and Solarium located on the first sea line in Portocolom.

New house is located on the seafront, a few meters from the beach of Cala Marçal (Porto Colom). Features: land area is 847 m2, the house – 483 m2. Layout: 1st floor – 198 m2, 2nd floor – 186 m2, 3 floor – 99 m2.

The layout of the house is very comfortable and functional: 5 double bedrooms, very spacious and bright, with built-in furniture, 2 living rooms and 1 dining room, separate kitchen (fully furnished and with a pantry), 5 bathrooms with installed plumbing, 2 terraces equipped for summer dining, with panoramic views of the sea. The building has 15 residential areas, including living rooms.

From the terrace-Solarium overlooking the sea and the beach. On the plot there is a private pool.

In the construction and decoration were used the technologies and materials of the highest quality. The house is well oriented and illuminated by the sun from all Windows with beautiful views of the surrounding area.

Portocolom is a natural port located 64 km from the capital of the island, in the South-Eastern part. The international airport is just 58 km on the highway Ma-19. Portocolom is located near the city Felanitx center of tourism and Commerce, Cala D'or area, Golden beaches, Porto Cristo is a popular resort with beautiful coves.

The most important thing that attracts thousands of tourists from around the world to the Islands of the Balearic archipelago is magnificent sandy beaches, which are the most environmentally friendly in Europe, warm sea, long period of the bathing season (may to November), a pleasant climate without abrupt temperature changes. Rest on the Balearic Islands VIP tourists: top models, stars of film and television, politicians, athletes and journalists from around the world. The Spanish Royal family often chooses Mallorca for their holiday destination.

Developed infrastructure and facilities, a huge number of entertainment places (cafes, bars, restaurants, night clubs, discos, casinos) make the stay even more alluring. The Balearic Islands are suitable for permanent residence. Regular flights and ferries connect the island with the mainland of Spain.

Mallorca is the largest island of the archipelago. This is an amazing place with diverse nature. Favorable and mild climate of Majorca enjoys warm winters and mild summers without sweltering heat. Deciduous groves, pine forests, mountains and valleys, smooth beaches and rocky coves are a real value of Mallorca. The capital Palma de Mallorca is famous for its gastronomy, the diversity in the field of leisure, ports and sea. The international airport is just 8 km from the city centre.

New house first line to the sea is ideal to relax with family and permanent residence.

*Price is without VAT

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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