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Ref: 3619
Property marketed by Ibizavende
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Wonderful flat of 88 m2 for sale in a unique location, in the centre of the promenade of Botafoc in Ibiza. The property is on the ground floor and is distributed in one bedroom, one bathroom, kitchen-living room and terrace. The property is located in the Mediterraneo building, very well kept, with communal swimming pool and garden area. It is a unique opportunity to acquire your property in a unique and prestigious area, surrounded by all services and only a few minutes from the centre of Ibiza.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.We also offer virtual tours on request. Please contact us today to request a visit or more information.
Property Features
- View Video Tour
- 1 bedroom
- 1 bathroom
- 85m² Build size
- Swimming Pool
- Aire Acondicionado
- Zonas Comunes
- Ascensor
- Piscina
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
41,000€
Final Payment of 90% on completion
396,000€
Property Purchase Expenses
Property price
440,000€
Transfer tax 10%
44,000€
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.