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3 bed flat for sale in Palma de Majorca, Spain, 146 m²

Price€605,000
TypeFlat
Covered area146 m²
Beds3
Bath2
Market infoNew homes
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Environment

Apartment in Doria 6

Doria 6 is a residential complex located in Palma de Mallorca, the capital of the Balearic Islands and one of the most cosmopolitan cities in the Mediterranean. Specifically, the development is situated in Santa Catalina, a central and old neighborhood that was a residence of sailors once. Today, the originality of its streets and the vitality of its residents make this neighbourhood one of the most visited in Palma de Mallorca.

Traditions and modernity come together In Santa Catalina where you can find everything you need for everyday life: fashion shops, sports and health centres, markets and the most exclusive restaurants in the Balearic capital. A huge green area is just a few minutes away from the complex, the enormous Bellver Forest, a perfect place for outdoor sports.

In addition, the Port of Palma with its exclusive Royal Yacht Club is just nearby. This is a perfect place for all those residents of Palma de Mallorca who love recreational sailing.

As for the transport system right there are several bus stops - lines 5, 29, 46, 100 and 105 – around the complex. In addition, the area has quick access to MA-20 ring road.

The Doria 6 complex consists of 40 one-, two- and three-bedroom apartments and penthouses. The price includes a parking and storage spaces.

Doria 6 can offer common areas: a swimming pool, solarium and gardens. The apartments are characterized by their avant-garde design, the quality of finishes and the top brand materials used for construction. In addition, there are large terraces.

Kitchens are integrated with living rooms and are delivered fully furnished and equipped with electrical appliances (induction hobs, ovens, extractor hoods, fridges, dishwashers and washing machines). The bathrooms have single-lever taps (thermostatic in baths and showers) and white sanitary ware of the best quality as well as washbasins and mirrors.

The interior carpentry (armoured entrance door, interior doors and wardrobes) is lacquered in white and the floors are made of stoneware. The Aerotermo system is used to produce hot water. There is underfloor heating and air conditioning with individual control for each room. To sum up, all the apartments have been made taking into account the highest standards of energy efficiency.

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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