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Licenced apartment block projectA licenced apartment block project for sale in Son Espanyolet for the construction of three duplex homes.It is a unique 6-story building located in a privileged area of ââPalma de Mallorca, in the fashionable Santa Catalina neighborhood, a short walk to the promenade and the port, close to the historic centre of the city. Plenty of public transport for journeys in and out of the city. Shops, restaurants bars and all the attractions people want to enjoy this side of town.Ground Floor DuplexGround floor with terrace and pool + Floor 1Living room, 1 bedroom, 1 office, 1 bathroom, balcony, terrace and garden with plunge pool.Constructed area: 77.12m2DuplexFloor 2 + Floor 3 with balconiesLiving room, 1 bedroom, 1 office, 1 bathroom and balconies. Direct access to the house from the elevator.Constructed area: 76.26m2PenthouseFloor 4 + Floor 5 + Solarium with poolLiving room, 2 bedrooms, 1 bathroom, 1 toilet, balconies, solarium with plunge pool and utility room. Direct access to the house from the elevator.Constructed area: 95.89 m2.Basic characteristicsTotal land area 88m²Minimum area for sale88 m²Building area 250m²Urban road accessUrban situationUrban land (solar)Qualified for high-rise residential (blocks)6 buildable floorsequipmentWaterElectricitySewerageNatural gasStreet lightingSidewalks
Property Features
- 6 bedrooms
- 6 bathrooms
- 250m² Build size
- 88m² Plot size
- Private pool
- Terrace: Yes
- Solarium: Yes
- Beach: 10 Minutes
- Shops: 5 Minutes
- Airport: 20 Minutes
- Near Metro Station, Train Station
- Near Trees
- Near Schools
- Near Childrens Parks
- Near Commercial Center
- Near bus route
- apartments have studies
- Balconies
- Building Plot
- close to port
- Contemporary
- Decking
- fashionable location
- location increasing in value
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
27,000€
Final Payment of 90% on completion
270,000€
Property Purchase Expenses
Property price
300,000€
Transfer tax 10%
30,000€
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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