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3 bed townhouse for sale in Port d Andratx, Spain, 293 m²

3 bed townhouse for sale in Port d Andratx, Spain, 293 m² - photo 1
3 bed townhouse for sale in Port d Andratx, Spain, 293 m² - photo 2
Price€2,105,000
TypeTownhouse
Covered area293 m²
Beds3
Bath4
Market infoNew homes
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Environment

Chalet in New Folies

New Folies housing development is located on Calle Congre 2, an area of ​​urbanizations very close to Puerto de Andratx (Mallorca). It has a unique coastal environment and it has become one of the most distinguished and beautiful residential enclaves on the island. In the area you will find a calm and tranquil atmosphere with some fascinating views of the Mediterranean Sea.

This area of ​​the island is located on Cala Llamp Beach, one of gems of Mallorca. In just three minutes you can reach this magnificent beach with crystal clear waters by car. In addition, the houses are very close to the center of Puerto de Andratx, where you can enjoy good walks and all kinds of services and shops. You will find supermarkets such as an Eroski, gas stations, large hotels and a multitude of restaurants of all kinds.

Also, the area is very well connected to main roads, especially with the Ma-1. Due to its proximity to main highways and roads, it will take only half an hour to drive to the center of Palma de Mallorca and only 35 minutes to the island's airport.

Enjoying views of the Mediterranean and wonderful sunsets in one of the most exclusive areas in Mallorca becomes possible with New Folies development.

All the houses have a spacious living room where you can enjoy time with family or friends and several terraces, both covered and uncovered. What's more, every house has its own private pool, roof terrace to enjoy sunbathing, and chill out area.

All residents of this complex will also enjoy a VIP-status at the prestigious Gran Folies Beach Club, one of the most discreet private clubs in Mallorca. In addition, the promotion has an exclusive social club for owners where they can find coffee-shops, fitness area with a heated pool, spa, gym, work offices with Wi-Fi connection, conference halls, laundry or services such as babysitting and car rental.

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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