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Ref: 3852
Property marketed by Ibizavende
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This charming duplex apartment is located in the sought after Marina de Ibiza, offering 50 m² distributed over two floors. Although in need of refurbishment, it has great potential to become your dream property in one of the most desirable areas of the island. Its intelligent layout creates a bright and open space, ideal for enjoying the Ibizan lifestyle.Ibiza's Marina is known for its vibrant atmosphere, with restaurants, bars and shops within walking distance, as well as the proximity to the island's most beautiful beaches. This neighbourhood is in full revaluation, representing a unique opportunity for both investors and those looking for a home in a prime location. With the right renovation, this duplex can be transformed into a modern and attractive property in an unbeatable location. Don't miss the opportunity to personalise this space to your taste and enjoy all that Ibiza has to offer.We have many more houses, flats, villas, fincas, 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
- 1 bedroom
- 1 bathroom
- 50m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
26,500€
Final Payment of 90% on completion
265,500€
Property Purchase Expenses
Property price
295,000€
Transfer tax 10%
29,500€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.