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Three Bedroom Apartment for sale in the center of Inca, very bright, with terrace and balcony.It is located on the second floor of a quiet building, without an elevator with only three neighbours, one per floor.It enjoys an excellent location in the heart of Inca in the historic area surrounding the theatre and central plaza. Close to all services and with easy access to the public transportation, shops, restaurants and leisure areas of the town. Inca is going through a period of rapid redevelopment with both investment from government and investors.The living area of 107 m², is distributed into a large entrance hall, a large living room with fireplace and air conditioning. An independent fully fitted kitchen with a utility room and balcony. A complete bathroom and three double bedrooms.This is a great opportunity, ideal for those looking for comfort and a good location in a town with raising property prices and improvements to local services which are appealing to young families and first time buyers.Contact us to view this, three bedroom apartment for sale in Inca there is high demand in the area don’t miss the opportunity to buy an apartment at the heart of the centre of the town.Inca is the capital of the Raiguer region in Mallorca.Inca is famous for its shoe and leather industries. Most of the administrative offices of the region are located in Inca, including the law courts and property and land registry offices. The town is a mixture of commercial outlets for larger companies like Camper Shoes, large supermarkets and urban areas of apartments and houses. Inca was known for its wine cellars many of which are now being used as restaurants. Connected to the north of the island by the motorway and to Palma de Mallorca by the train and bus services with good schools and facilities its popular with commuters.
Property Features
- 3 bedrooms
- 1 bathroom
- Air conditioning
- Balcony
- Bottled Gas ( Butano)
- Chimney / Fireplace
- Close to all Amenities
- Close to Public Transport
- Electrical Connection
- Flooring
- Fully Fitted Kitchen
- garden
- Good condition
- Heating and Cooling
- Interior Features
- Interior of Mallorca
- Kitchen
- Laundry room
- Porcelain Tile Flooring
- Property Condition
- Property Location
- Property Views
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
27,900€
Final Payment of 90% on completion
278,100€
Property Purchase Expenses
Property price
309,000€
Transfer tax 10%
30,900€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.