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Ref: 4088
Property marketed by Ibizavende
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Cozy apartment for sale in Ibiza city, ideal for those looking for a charming home with renovation possibilities. The property has two bright bedrooms, a full bathroom, a spacious living-dining room, and a sunny terrace, perfect for enjoying the Mediterranean climate.The kitchen, designed functionally, has enough space to adapt it to the new owner's needs and is complemented by a separate laundry room. Thanks to its layout and orientation, the apartment enjoys excellent natural light throughout the day.Located in a well-maintained building with an elevator, this property offers a unique opportunity to personalize it and turn it into a modern and cozy home. The area has all essential services, such as supermarkets, shops, restaurants, and public transport, in addition to being just a few minutes from the port and the beaches.We have many more houses, apartments, villas, estates, commercial premises, and plots 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
- 73m² Build size
- Alarma Interior
- Ascensor
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
35,000€
Final Payment of 90% on completion
342,000€
Property Purchase Expenses
Property price
380,000€
Transfer tax 10%
38,000€
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.