Country House for sale in Sant Elm, Mallorca, Spain

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Property marketed by Ibizavende

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Great opportunity!!! Beautiful plot in the north of the island in San Miguel. With a size of 13.500 m2 and a ruin without roof of approx. 6 m2. It has neither water nor electricity. There is the possibility to buy the plot next door with the same size of 13.500m2. (Price for this 150.000€). Quiet and dignified location. Please contact us via e-mail, we will be happy to arrange a viewing with you.We have many more houses, flats, villas, lofts, fincas, studios, shops and plots for rent and sale in Ibiza. Thank you for considering us as your real estate agency in Ibiza.

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Property Features

0 bedrooms
0 bathrooms

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

22,000€

Final Payment of 90% on completion

225,000€

Property Purchase Expenses

Property price

250,000€

Transfer tax 10%

25,000€

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:

250,000€

Deposit:

€

Interest Rate:

Period:

Mortgage Result

* 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%.