1 bedroom Apartment for sale in Santa Eularia Des Riu, Ibiza, Spain

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New exclusive project of 2, 3 and 4 bedroom flats located in a residential complex next to the marina of Santa Eulalia in Ibiza. The properties have high quality finishes, ample spaces and large outdoor areas. It has an unbeatable location close to all services such as pharmacies, restaurants, supermarkets .... It offers easy access to the beach, two swimming pools, one of which is on the rooftop, 24 hour security and a pleasant climate all year round.It is an excellent opportunity both for investment due to its high rentability and to enjoy the island of Ibiza.The complex has a gym, 24h security, parking, storage rooms, garden areas, lounge areas and swimming pools.Optional Parking for 50.000€ or Parking + storage room for 65.000€.*Prices without VAT.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.

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Property Features

1 bedroom
1 bathroom
58m² Build size
Swimming Pool
Aire Acondicionado
Zonas Comunes
Gimnasio
Ascensor
Piscina

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

76,000€

Final Payment of 90% on completion

711,000€

Property Purchase Expenses

Property price

790,000€

Transfer tax 10%

79,000€

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:

790,000€

Deposit:

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Interest Rate:

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* 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.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.