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Ref: EFML5170M
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Penthouse La Bonanova with views of Palma de Mallorca. Situated on a large urban plot in an elevated position this residential complex has excellent community facilities which include community parking and gardens with a large community swimming pool and gym with views to Castell de Bellver and the port of Palma de Mallorca This penthouse occupies a prime position with unobstructed views of the cities harbour and the sea to the south and southwest with a backdrop of the woodland of Bellver castle. The penthouse has a living space of 176m2 all of which has ample light and views, which comprises of three bedrooms with en-suite bathrooms entrance and guest bathroom. A large lounge diner a separate kitchen with an adjacent utility room. From the lounge you can directly access a 18m2 terrace and from here the upper terrace of 92m2 with a BBQ and panoramic views of Palma. The sale also includes two garage spaces, and a storage room.Palma serves as the capital of Mallorca and ranks among the most sought-after short break destinations in Europe, both in summer and winter. The city is organized into five districts and also oversees the island of Cabrera, which is recognized as a marine reserve of global significance.La Bonanova is a charming residential neighbourhood situated close to the heart of Palma and the Paseo Marítimo. Perched on a hill above Palma, it offers stunning views along with the convenience of being near the city, the Porto Pi shopping center, and the lovely Bellver forest.
Property Features
- 3 bedrooms
- 3 bathrooms
- 193m² Build size
- 4,111m² Plot size
- Air conditioning
- Baleares International College
- Bathroom
- Bellver International College
- Built to High Standards
- Certificado de Habitabilidad -Cedula
- Close to all Amenities
- Close to Marina or Port
- Close to Public Transport
- close to restaurants
- Close to schools
- Close to Shops
- coastal area
- Community garden
- Community swimming pool
- Complete Property Deeds (Escritura)
- driveway
- Electric Garage Door
- Electrical Connection
- electronic entry system
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
117,000€
Final Payment of 90% on completion
1,080,000€
Property Purchase Expenses
Property price
1,200,000€
Transfer tax 10%
120,000€
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.