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For sale: excellent almost brand-new property located in the heart of Formentera, with an unbeatable location and all amenities.
The property features 3 spacious bedrooms, one of them double, and 2 full bathrooms. It stands out for its large living room creating a modern, comfortable and functional space.
It also offers a pleasant terrace with views of nature, ideal for enjoying the surroundings and the peaceful atmosphere. The building has an elevator and the property includes a private parking space.
Equipped with ducted air conditioning with installed unit, ensuring comfort throughout the year.
A ready-to-move-in home, ideal as a family residence, second home or holiday property.
A unique opportunity in one of the most sought-after areas of Formentera.
Property Features
- 3 bedrooms
- 2 bathrooms
Costing Breakdown
* 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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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.
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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.