4 bedroom Villa for sale in Punta Prima, Menorca, Spain

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This traditional luxury estate is situated in an elevated position in Punta Prima with extensive gardens and rustic land.This imposing building comprises spacious living and dining areas, 4 bedrooms, 3 bathrooms and large reception/office area. The first floor accommodates the enormous master bedroom and en-suite bathroom with patio doors leading to a fantastic sun terrace with stunning sea and country views. Furthermore, this property provides a large garage or can be used as a separate annex. The outstanding garden has plenty of dining areas with BBQ, jacuzzi and swimming pool. The present owner has purchased the surrounding rustic land to ensure this property is absolutely private and therefore an exclusive estate which offers plenty of outdoor space, sun and panoramic views of the south coast of Menorca.Built surface 574m², 35000m² plot, 4 bedrooms (3 double, 1 single), 4 bathrooms, kitchen, laundry, dining room, terrace, garden, garage, furnished, construction year 2003, sunny, patio, balcony, fantastic sea view

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Property Features

4 bedrooms
3 bathrooms
663m² Build size
35,000m² Plot size
Swimming Pool
near beach
close to all amenities
garden
garage
private pool
lift
close to medical facilities
sea views
coastal

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

797,000€

Final Payment of 90% on completion

7,200,000€

Property Purchase Expenses

Property price

8,000,000€

Transfer tax 10%

800,000€

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:

8,000,000€

Deposit:

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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%.