Purchase costs in Ibiza
This newly built villa in Ibiza is being offered turn-key for €4,450,000 (ex. IVA). That means the villa will be fully built and delivered turn-key. You can move in immediately after completion, it is enough to move the furniture or have it delivered.
Depending on when you move in, this project offers the unique opportunity to still have a say in, for example, the colour schemes, the sanitary fittings and, for example, the layout of the kitchen. This means that you personalise the villa effortlessly, into your personal retreat full of luxury, tranquillity and relaxation.
New construction benefitsMortgage applications
With a Spanish mortgage, you can finance up to 60% of the value of the property. You will pay the other 40% from your own funds. Bear in mind that on top of that, you will pay the buyer’s fees from your own funds.
Spanish mortgage banks assess your income to determine your eligibility for the mortgage. Suitable forms of income are wages, income from entrepreneurship and (rental) income from assets.
In addition, Spanish banks look critically at your personal situation, such as family composition, whether you have a rented or owner-occupied home, what work you do and what type of income you earn with it.
Other matters
To purchase a property in Spain, you need a NIE number, an empadronamiento and a Spanish bank account. The NIE number is the identification number for foreigners in Spain. Even if you are buying the property as a second home or holiday home, this number is mandatory.
We can guide you in applying for it, including connecting gas, water and electricity and taking out contents and buildings insurance.