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Ref: 14206
Property marketed by Inmo Investments
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This furnished 55 m² apartment in Residencial Ibiza offers two bedrooms, one bathroom and air conditioning. Its south-facing orientation provides plenty of natural light, while the private 42 m² solarium offers generous outdoor space. The complex includes a communal swimming pool and gardens. Located within walking distance of Villamartín Plaza and close to golf courses, shops and restaurants.
Property Features
- 2 bedrooms
- 1 bathroom
- 55m² Build size
EPC Rating
| Energy Rating Scale |
|---|
| A |
| B |
| C |
| D |
| E |
| F |
| G |
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,500€
Final Payment of 90% on completion
157,500€
Property Purchase Expenses
Property price
175,000€
Transfer tax 8%
14,000€
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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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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.























