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Ref: KPI1052
Property marketed by KENSINGTON Ibiza
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High up in the north we find this bungalow style villa with many possibilities still to create your own home.
Located on a fairly huge plot of approx. 12.000 m2 in a rustic area up in the north close to San Miguel,a peaceful property is waiting to be refurbished. Build in the seventies, with basic materials. This rural property in it´s original style is waiting for a new owner to bring it into the new century.
Upon entering in the main bungalow you find a long floor that leads to three double bedrooms and two bathrooms, furthermore it displays a spacious living from where you have access to a completely covered porch. Also we find a spacious family kitchen.
Also on this plot of land a second property, currently used as a garage/stable/storage can be transformed into a perfect guesthouse. A water reservoir currently used for agrarian purposes could be easily turned into a private swimming pool. These are a few suggestions which could be realized by a new owner, who still is looking for the opportunity to have his own private place in the rustic north of the island. The property is connected to the mains and has an own well.
The rural north is very much desired among those who want to escape the hasty life and seeking tranquility, privacy and peace. Near to the amenities of San Miguel and San Lorenzo and Benirras.
Located on a fairly huge plot of approx. 12.000 m2 in a rustic area up in the north close to San Miguel,a peaceful property is waiting to be refurbished. Build in the seventies, with basic materials. This rural property in it´s original style is waiting for a new owner to bring it into the new century.
Upon entering in the main bungalow you find a long floor that leads to three double bedrooms and two bathrooms, furthermore it displays a spacious living from where you have access to a completely covered porch. Also we find a spacious family kitchen.
Also on this plot of land a second property, currently used as a garage/stable/storage can be transformed into a perfect guesthouse. A water reservoir currently used for agrarian purposes could be easily turned into a private swimming pool. These are a few suggestions which could be realized by a new owner, who still is looking for the opportunity to have his own private place in the rustic north of the island. The property is connected to the mains and has an own well.
The rural north is very much desired among those who want to escape the hasty life and seeking tranquility, privacy and peace. Near to the amenities of San Miguel and San Lorenzo and Benirras.
Property Features
- 3 bedrooms
- 2 bathrooms
- 319m² Build size
- 12,135m² Plot size
- bathroom
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
254,500€
Final Payment of 90% on completion
2,317,500€
Property Purchase Expenses
Property price
2,575,000€
Transfer tax 8%
206,000€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
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