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Ref: CVE066
Property marketed by Niki Agency Ibiza S.L.
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Terraced house in San Miguel with 2 bedrooms. The house is located in a quiet urbanization between San Miguel and the bay Es Portitxol. The 120 m² living space is distributed over 3 levels. On the first floor is the living-dining room with fireplace and access to the terrace, a small separate kitchen and a toilet. In the basement there is a bedroom with a small living room and a storage room. On the second floor there is a bathroom and a bedroom with access to another terrace and roof terrace. The equipment includes air conditioning hot/cold, sliding windows with aluminum frames and double glazing, a solar system for hot water and a parking space in front of the house. The house is year of construction 1979, in good condition, but needs minor renovations.
Property Features
- 2 bedrooms
- 1 bathroom
- 120m² Build size
- good condition
- near beach
- outskirts of town
- quiet location
- close to the sea
- dining room with fireplace
- lounge dining area
- utility room
- air conditioning
- fireplace
- electricity
- water
- telephone
- terrace
- roof terrace
- parking
- off road parking
- satellite tv
- adsl
- double glazing
- very good access
- fitted bathroom
- independent kitchen
- mountain views
- residential area
- sea views
- solar water heating
- cosmetic work needed
- coastal
- countryside views
- separate WC
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
36,900€
Final Payment of 90% on completion
359,100€
Property Purchase Expenses
Property price
399,000€
Transfer tax 10%
39,900€
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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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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