2 bedroom Apartment for sale in Cala Portinax, Ibiza, Spain

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Ref: ID 082

Property marketed by Ibizadiferente

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This recently built two bedroom apartment is located on the first floor in a quiet area, close to several beaches such as Cala Vadella and Cala Carbo. One bedroom is located at the front and has great views, the other bedroom is a smaller bedroom and is located at the back of the apartment. Both bedrooms have their own bathroom. The complex has a communal swimming pool and a gym. The apartment is sold with a private parking garage (11.71 m²) and a storage room (2.52 m²). The total living area is 64 m² and the 30 m² terrace offers breathtaking sea and mountain views. The apartment has double glazing, hot and cold air conditioning, fitted wardrobes and a fully equipped kitchen.

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Property Features

2 bedrooms
2 bathrooms
Swimming Pool

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

49,500€

Final Payment of 90% on completion

472,500€

Property Purchase Expenses

Property price

525,000€

Transfer tax 10%

52,500€

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:

525,000€

Deposit:

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* 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%.