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Property marketed by Ibizavende
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Fabulous penthouse apartment in Formentera with incredible views of the sea.The apartment has a small and a large room, bathroom, living room, kitchen and has access to a solarium. It is accessed by the floor and also by the staircase. The bedroom has access to the terrace and you can see the fabulous sea views. Next to the kitchen is the access to the top. This apartment has the privileged location of the Puerto de La Sabina in Formentera, the island is very exclusive. Contact us by email, we will be happy to make an appointment with you to view the property. We have many more houses, apartments, villas, farms, commercial premises and land for rent and sale on the island. Thank you for considering us as your real estate agency in Ibiza.
Property Features
- 2 bedrooms
- 1 bathroom
- 75m² Build size
- Aire Acondicionado
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
62,000€
Final Payment of 90% on completion
585,000€
Property Purchase Expenses
Property price
650,000€
Transfer tax 10%
65,000€
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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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.