Apartment for sale

Apartment for sale

Sencelles, Mallorca
160,000
 
  • Apartment for sale
  • Apartment for sale
  • Apartment for sale
  • Apartment for sale
  • Apartment for sale
  • Apartment for sale
  • Apartment for sale
  • Apartment for sale
  • Apartment for sale
  • Apartment for sale
  • Apartment for sale
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Ref: EFML7956N
Property marketed by España Dream Properties España Dream Properties
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Land For sale in Mallorca Biniali, a plot of 14.258m2 Situated between the villages of Biniali and Sencelles to the east of Biniali.  Open views over the interior of Mallorca and the countryside surrounding the village of Binissalem. The minimum area required for construction in the area is 14.200m2 of which the area of construction permitted varies between 1% and 2% of the total area of the plot. The area is quiet with rural roads, and smaller country houses. The town hall of Sencelles has issued a report which gives a positive result for an application for a licence to construct a single family home. Connections for water and electricity are available close to the entrance to the plot.Sencelles is a small village in the central region of Mallorca. About 24km from Palma de Mallorca this traditional village on an elevated position is famous for windmills and its views across the interior of Mallorca.  Biniali is a small hamlet which is part of the municipality of Sencelles that grew until the wine crisis of the late 19th century which caused its decline. Biniali was part of the Arab hamlet Bânû Alî, from which the current place name originates. The winery Binigrau is located on the outer edge of the village using organic and biodynamics to cultivate and produce high quality wines.

Property Features

  • 0 bedrooms
  • 0 bathrooms
  • countryside
  • countryside views
  • Interior of Mallorca
  • mountain views
  • Property Location
  • Property Views

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,000€
Final Payment of 90% on completion
144,000€
 
Property Purchase Expenses
Property price
160,000€
Transfer tax 10%
16,000€
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.

Mortgage Calculator

Mortgage Amount:
160,000€
Deposit:
Interest Rate:
%
Period:
Mortgage Result

* 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.

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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