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3 bed villa for sale in Majorca, Spain, 230 m²

3 bed villa for sale in Majorca, Spain, 230 m² - photo 1
3 bed villa for sale in Majorca, Spain, 230 m² - photo 2
3 bed villa for sale in Majorca, Spain, 230 m² - photo 3
3 bed villa for sale in Majorca, Spain, 230 m² - photo 4
3 bed villa for sale in Majorca, Spain, 230 m² - photo 5
3 bed villa for sale in Majorca, Spain, 230 m² - photo 6
3 bed villa for sale in Majorca, Spain, 230 m² - photo 7
3 bed villa for sale in Majorca, Spain, 230 m² - photo 8
3 bed villa for sale in Majorca, Spain, 230 m² - photo 9
3 bed villa for sale in Majorca, Spain, 230 m² - photo 10
3 bed villa for sale in Majorca, Spain, 230 m² - photo 11
3 bed villa for sale in Majorca, Spain, 230 m² - photo 12
Price€1,365,000
TypeVilla
Covered area230 m²
Land area1475 m²
Beds3
Bath3
Rooms4
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Description

For those who appreciate privacy, comfort, an exclusive offer of real estate in a respectable urbanization of Cala Vinyes – house designer on a natural hill in Majorca. Good location – close proximity to all the infrastructure elements needed for a relaxed stay.

The Villa, designed in art Nouveau style, was built in 2007 and boasts of finishing and construction materials of the highest quality, including rare species of wood. The total area attributable to the residential facility of land – 1470 square meters, living area – 230 square meters. The distribution is as follows: room for receiving guests, which performs the function dining room (70 square meters), three bedrooms of double size, two EN-Suite bathrooms, one individual bathroom, kitchen with full set of furniture and appliances, Laundry room. Near the building there is a wonderful garden with a swimming pool, a large porch and a basement with area of 25 square meters. In the presence of the installation of climate control, Solarium, place for the car.

The price of residential property is 1 of 365 thousand Euro.

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
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Company Representatives
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