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Fantastic investment opportunity!
This detached villa is located in the heart of Santa Ponsa and is within a short stroll of the stunning beach, a wide range of bars and restaurants that make this such a popular holiday destination.
The property offers huge opportunities for new owners who want to enjoy a stylish 2 bedroom home in this great location but create an income from 4 independent rental properties on the lower level.
The upper level benefits from unobstructed views of the sea and the mountains and there is potential for a fabulous roof top terrace to maximise the views in all directions.
On the lower level, 4 independent rental units make this the ideal way to generate income while enjoying the villa above or as an investment vehicle, the 2 bedroom villa can be added to the rental portfolio.
A summary of why we feel this property is the perfect income generator...
♦ Main villa level with 2 bedrooms, great outside space and amazing sea views
♦ Lower level with 4 independent rental units
♦ Located in the heart of Santa Ponsa with access to two streets, a short walk to all local amenities
♦ Large gardens, great outside space, and possibility of swimming pool.
♦ Plot of 700 m2 and a constructed area of more than 300M2across two floors.
♦ Aluminum/climalit exterior carpentry and aluminum blinds
♦ Hot/cold air conditioning in living room and bedroom
♦ Gas Central heating by radiators (the property benefits from a mains gas supply)
♦ Updated electrical and plumbing installations
♦ Possibility of a terrace-solarium on the roof of the property, with unbeatable views of the sea and the mountains.
Layout of the property...
Upper floor, with a useful area of 178m2, all its rooms are exterior, thanks to its orientation and its clear views they enjoy natural light throughout the day. An entrance hall, fully equipped kitchen with access to a separate utility room, bright living-dining room with fireplace and two double bedrooms.
The master bedroom has a huge en-suite bathroom and large separate walk-in closet. The second bedroom has a built-in wardrobe and a full bathroom with an attached shower.
Access from the living-dining room to an incredible 55 m2 porch and terrace, facing west, with an installed automatic awning and partially glazed spaces, a rest area and a dining area with a built-in barbecue.
Ground floor, with a useful area of 148 m2 divided into four independent spaces. The first two spaces have a living room with a kitchenette, a double bedroom with a built-in wardrobe and a full bathroom. The third has a living-dining room, a double bedroom and a bathroom. The fourth space has a bedroom and bathroom.
The property has parking for 3 vehicles and a garden area around the building, with many possibilities for a swimming pool/playground/chill-out area. It has two storage rooms and an auxiliary covered water tank.
Costa de la Calma, whose name defines its tranquility, is one of the most exclusive and most in-demand residential areas on the island due to the beauty and proximity of its different coves and beaches. Located just 15 minutes from Palma, 25 minutes from the airport, with easy access in 2 minutes to the island's main highway. Santa Ponsa also has all kinds of services: medical center, supermarkets, schools, parks, walking areas, restaurants...
Don't miss the opportunity to live in one of the most exclusive areas of the island and just 3 minutes walk from the sea.
This detached villa is located in the heart of Santa Ponsa and is within a short stroll of the stunning beach, a wide range of bars and restaurants that make this such a popular holiday destination.
The property offers huge opportunities for new owners who want to enjoy a stylish 2 bedroom home in this great location but create an income from 4 independent rental properties on the lower level.
The upper level benefits from unobstructed views of the sea and the mountains and there is potential for a fabulous roof top terrace to maximise the views in all directions.
On the lower level, 4 independent rental units make this the ideal way to generate income while enjoying the villa above or as an investment vehicle, the 2 bedroom villa can be added to the rental portfolio.
A summary of why we feel this property is the perfect income generator...
♦ Main villa level with 2 bedrooms, great outside space and amazing sea views
♦ Lower level with 4 independent rental units
♦ Located in the heart of Santa Ponsa with access to two streets, a short walk to all local amenities
♦ Large gardens, great outside space, and possibility of swimming pool.
♦ Plot of 700 m2 and a constructed area of more than 300M2across two floors.
♦ Aluminum/climalit exterior carpentry and aluminum blinds
♦ Hot/cold air conditioning in living room and bedroom
♦ Gas Central heating by radiators (the property benefits from a mains gas supply)
♦ Updated electrical and plumbing installations
♦ Possibility of a terrace-solarium on the roof of the property, with unbeatable views of the sea and the mountains.
Layout of the property...
Upper floor, with a useful area of 178m2, all its rooms are exterior, thanks to its orientation and its clear views they enjoy natural light throughout the day. An entrance hall, fully equipped kitchen with access to a separate utility room, bright living-dining room with fireplace and two double bedrooms.
The master bedroom has a huge en-suite bathroom and large separate walk-in closet. The second bedroom has a built-in wardrobe and a full bathroom with an attached shower.
Access from the living-dining room to an incredible 55 m2 porch and terrace, facing west, with an installed automatic awning and partially glazed spaces, a rest area and a dining area with a built-in barbecue.
Ground floor, with a useful area of 148 m2 divided into four independent spaces. The first two spaces have a living room with a kitchenette, a double bedroom with a built-in wardrobe and a full bathroom. The third has a living-dining room, a double bedroom and a bathroom. The fourth space has a bedroom and bathroom.
The property has parking for 3 vehicles and a garden area around the building, with many possibilities for a swimming pool/playground/chill-out area. It has two storage rooms and an auxiliary covered water tank.
Costa de la Calma, whose name defines its tranquility, is one of the most exclusive and most in-demand residential areas on the island due to the beauty and proximity of its different coves and beaches. Located just 15 minutes from Palma, 25 minutes from the airport, with easy access in 2 minutes to the island's main highway. Santa Ponsa also has all kinds of services: medical center, supermarkets, schools, parks, walking areas, restaurants...
Don't miss the opportunity to live in one of the most exclusive areas of the island and just 3 minutes walk from the sea.
Property Features
- 6 bedrooms
- 6 bathrooms
- 326m² Build size
- 700m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
107,000€
Final Payment of 90% on completion
990,000€
Property Purchase Expenses
Property price
1,100,000€
Transfer tax 10%
110,000€
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.
Mortgage Calculator
Mortgage Amount:
1,100,000€
Deposit:
€
Interest Rate:
%
Period:
Mortgage Result
* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.
Spanish Property News & Updates by Spain Property Portal.com
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.