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3 bed villa for sale in Majorca, Spain, 300 m²

3 bed villa for sale in Majorca, Spain, 300 m² - photo 1
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3 bed villa for sale in Majorca, Spain, 300 m² - photo 3
3 bed villa for sale in Majorca, Spain, 300 m² - photo 4
3 bed villa for sale in Majorca, Spain, 300 m² - photo 5
3 bed villa for sale in Majorca, Spain, 300 m² - photo 6
3 bed villa for sale in Majorca, Spain, 300 m² - photo 7
3 bed villa for sale in Majorca, Spain, 300 m² - photo 8
3 bed villa for sale in Majorca, Spain, 300 m² - photo 9
3 bed villa for sale in Majorca, Spain, 300 m² - photo 10
3 bed villa for sale in Majorca, Spain, 300 m² - photo 11
3 bed villa for sale in Majorca, Spain, 300 m² - photo 12
3 bed villa for sale in Majorca, Spain, 300 m² - photo 13
3 bed villa for sale in Majorca, Spain, 300 m² - photo 14
3 bed villa for sale in Majorca, Spain, 300 m² - photo 15
3 bed villa for sale in Majorca, Spain, 300 m² - photo 16
Price€1,290,000
TypeVilla
Covered area300 m²
Land area10700 m²
Beds3
Bath2
Rooms4
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Description

Cozy Villa in Mallorca within walking distance from the center of the small town of Montuiri which is just a 25-minute drive from Palma and its airport in international traffic. District Montuiri is known for its convenient location and well-developed infrastructure of services, which includes various Department stores, schools, well maintained beaches and much more.

Selling the building is situated on a private plot of land with a total area of 10.7 thousand square meters. From the Windows and terraces is a luxurious overview of the surrounding landscape and gardens of almond trees. The closed area is the presence of swimming pool, indoor garage for two cars, heating gas, containers with fresh water, and fruit and almond green spaces.

The living area of the Villa is 300 square meters, the house consists of two floors. Consists of three bedrooms, two bathrooms, one of which is ensuite, a toilet, a room for receiving guests 45 square meters, kitchen, terrace (100 square meters). There is a separate guest apartment with one sleeping room and a bathroom.

The price of residential property – 1 290 thousand euros.

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
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Company Representatives
in Spain
Barcelona, Marbella, Mallorca, Tenerife
+34 (931) 720-189
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