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4 bed flat for sale in Palma de Majorca, Spain, 164 m²

4 bed flat for sale in Palma de Majorca, Spain, 164 m² - photo 1
4 bed flat for sale in Palma de Majorca, Spain, 164 m² - photo 2
Price€590,000
TypeFlat
Covered area164 m²
Beds4
Bath2
Market infoNew homes
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Environment

Apartment in Bremond Son Moix

If you dream about living near the center of Palma de Mallorca, one step away from the beach, but with all the comforts that a residential area has to offer, Bremond Son Moix development may be a perfect choice for you. It is located at Calle Camí dels Reis, 128, in the area of ​​Son Peretó.

From there you can easily access shopping centers, sports centers, schools, medical centers, restaurants and supermarkets (specifically, you can find a Mercadona, an Eroski and a Lidl a few meters from the development). The surroundings of the urbanization include find green areas, golf courses such as Son Quint or Son Muntaner and medical centers such as Juaneda Miramar Hospital.

And, if the sea is what you fancy, in just ten minutes you will get to leisure port of Palma and in just six minutes you will be able to enjoy fancy beaches like Cala Major. The area also offers a wide range of leisure for all kinds of tastes.

As for road connections, Bremond Son Moi is very close to the exits to Ma 20 and Ma-1041, making it very easy to access any point on the island.

Bremond Son Moix development offers new build apartments in Palma de Mallorca. Among the available housing categories, you can find three-and-four apartments, with prices starting from 419,000 euros plus VAT (garage and storage room included).

The apartments have terraces designed to offer tranquillity and privacy to its residents. And, if having more space outdoors is of great value for you, you can choose one of the penthouses, which have large solariums, or the ground-floor apartments with private gardens.

All the apartments have air conditioning, heating, security door to ensure safety, interior doors lacquered to match the built-in wardrobes and laminate floors (except for the kitchen and bathrooms, where they have porcelain flooring). Likewise, the kitchen comes equipped with large-capacity furniture and top brand appliances.

In addition, residents of this development will be able to enjoy common areas which include an adult and children's pool, wooded areas and a solarium area.

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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