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Ref: EFML9410W
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Land for sale in Mallorca with a project for a villa of 426m2. This a project for a luxurious residence which has just be granted full planning permission to build in the picturesque area of Marratxinet, one of Marratxí’s most exclusive neighbourhoods, this tranquil plot provides breath taking panoramic views. This stunning home features a design that beautifully merges modern sophistication with a respect for the surrounding natural landscape, offering a lifestyle like no other. The centre piece of this rural plot a spacious and comfortable villa of 426m2 with an open plan living space of 126m2 with a double height vaulted ceiling of 12.6m2 with a lounge and kitchen dinner which is filled with sun light from the pool and garden surrounding the house. In an adjacent wing of the house there are six double bedrooms each with an ensuite bathroom and a dressing room or fitted wardrobes. Below a huge basement which has a parking area of 263,70m2 with a 17,25m2, wine cellar and 25,90m2 utility room. A 29m2 annex which offers the buyer the option of seventh bedroom with an ensuite bathroom or a private office or an artist’s studio.For more information, we have detailed plans and descriptions of installations and finishes please contact us.Marratxinet the original foundation agricultural settlement of Marratxí. The municipality takes its name from this small hamlet, but as the agricultural income declined in the middle of the 19th century the administration of the municipality moved to the more wealth settlements of Sa Cabaneta and Marratxi. The original village remains as a gem of traditional Mallorcan architecture along one street called Sa Font.
Property Features
- 0 bedrooms
- 0 bathrooms
- 426m² Build size
- 14,210m² Plot size
- countryside
- countryside views
- Interior of Mallorca
- Pool
- Property Location
- Property Views
- Quiet Location
- Space for a Swimming Pool
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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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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