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Property marketed by Ibizavende
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Located in the exclusive area of Cap Martinet, this stunning luxury villa, completed in May 2023, offers a perfect combination of modern design, comfort, and cutting-edge technology. Built with the highest quality materials, the property stands out for its spacious living areas, spectacular views, and a wide range of exclusive amenities.The villa features an elevator that connects all its floors, including a large underground garage with capacity for up to eight vehicles. It has high-speed Wi-Fi throughout the property, cable TV with over 400 channels (Movistar, Apple TV, Netflix, Amazon Prime, Disney+), flat-screen televisions in each suite, and a BOSE and SONOS sound system for an immersive experience.The main living area offers 180 m² of open spaces, combining a 90 m² living room, a 60 m² terrace, and a 30 m² open-concept kitchen. The villa has six elegant suites, all with luxurious finishes. Master Suite 1 (56 m²) is located on the second floor and features a private terrace of 90 m², while Master Suite 2 (42 m²) on the first floor has a terrace of 60 m². Two Junior Suites (39 m² and 35 m²) share an 80 m² landscaped terrace with panoramic views. Additionally, two guest suites (29 m² and 33 m²) on the ground floor offer views of the garden.Completing the property is an independent staff suite (25 m²), a laundry room (25 m²), a leisure area with lounge and nightclub, a pool bar, a barbecue, and an advanced security system. From the villa, one can admire stunning views of the sea, Formentera, and the walled city of Ibiza.
Property Features
- 7 bedrooms
- 8 bathrooms
- 900m² Build size
- 1,270m² Plot size
- Swimming Pool
- Aire Acondicionado
- Zonas Comunes
- Alarma Interior
- Ascensor
- Piscina
- Garaje
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
1,497,000€
Final Payment of 90% on completion
13,500,000€
Property Purchase Expenses
Property price
15,000,000€
Transfer tax 10%
1,500,000€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.