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For sale in Costitx a country house with a constructed area of 384m2 on a plot of 22.820m2. The house has two floors both of 100m2, on the ground floor a lounge, dining room, kitchen bedroom and a bathroom. On the first floor four bedrooms and a bathroom. Also included is a large garage of 80m2 and an annexe of 25m2 with a BBQ chimney and a traditional Mallorquin wood oven. The property has two registered bore holes which provided the property with water, and solar panels with a total of 8000 Kw. The property has a certificate from the town hall of Costitx, that there are no planning infractions against the property and if the facade of the house is competed as described in the original planning application a certificate Fin de Obra will be granted by the town hall of Costitx and an application for a cedula can be made. Located between Cami de Montuiri and the torrent de Pina, on open countryside in a quiet and peaceful community of larger fincas, the house has views of the mountains to the northeast. A large property of five bedrooms, on a large plot a little over 35 minutes’ drive to Palma and less than 20 minutes from Santa Maria del Cami and Binissalem.Costitx in the Pla de Mallorca. Costitx is a small municipality in the central region of Mallorca, which is famous for the bronze age bulls heads known as the Bous de Costitx which were discovered at the Talayotic sanctuary of Son Corró close to the village. The originals are on display at Museu Arqueològic Nacional d’Espanya in Madrid, the village has copies on display in the cultural centre. The Observatorio Astronómico de Mallorca is also just to the south of the village benefiting the villages location in the centre of the island, the elevation of the landscape and and relatively low light levels.
Property Features
- 5 bedrooms
- 2 bathrooms
- 384m² Build size
- 22,820m² Plot size
- Barbecue
- Complete Property Deeds (Escritura)
- countryside
- countryside views
- driveway
- Garage and Parking
- garden
- Heating and Cooling
- Independent Kitchen
- Interior of Mallorca
- Kitchen
- Level plot
- mountain views
- Outbuildings
- Private Garage
- Property Condition
- Property Documents
- Property Extra Special Features
- Property Location
- Property Security
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
67,000€
Final Payment of 90% on completion
630,000€
Property Purchase Expenses
Property price
700,000€
Transfer tax 10%
70,000€
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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