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Villa Vella, Talamanca, Ibiza

€56,700 Per Week

This fantastic property has a real postcard view of Ibiza town and Talamanca beach.

Located only a short walk from the beach and in the outskirts of Ibiza town, Villa Vella is a rarity on the island of providing first class accommodation for more than 20 guests with close proximity to Ibiza town.

The villa offers very stylish accommodation in 13 bedrooms, a vast pool area and several terraces for outdoor dining, parties and social events. This is a perfect place for entertainment and also ideal for relaxation as Villa Vella also has its private SPA with hot tub and steam-room.

The whole house enjoys stunning views of the sea, Talamanca beach and Ibiza town and all bedrooms face the ocean. The layout is clean and minimalist with modern design and high-end fittings.

Main house Villa Vella offers 7 bedrooms located in the main building, 3 bedrooms located to the side of the main building and another 3 slightly smaller bedrooms located at the bottom of the garden. All suites have ensuite shower-rooms and air conditioning as well as TV and DVD player. There is one Master Suite with separate lounge and private terrace, which overlooks the sea. This bedroom is very spacious and has also a beautiful ensuite shower room with steam-room and WC. There is also a large living room with separate dining area and cosy snug. This large room has a door to the fully equipped kitchen which also has plenty of storage space.

Outdoor area On the vast decked out terrace in front of the house is a funky bar that lights up at night, a large dining table and several sofas and daybeds for relaxation. There is also a water feature and outdoor sound-system. The swimming pool is 15 metres long and surrounded by plenty of sun-beds, day-beds and parasols.

The villa is fenced off and has an alarm system with electronic gates and plenty of space for parking.

Facilities 7 bedrooms located in the main house 3 bedrooms located to the side of the main house 3 bedrooms located in the guest-house by the lower garden - slightly smaller bedrooms All bedrooms have ensuite shower-rooms and WC A/C throughout the villa SPA with hot tub and steam room Bar and BBQ area Large swimming-pool with sun-beds and parasols Amazing views of the sea and Ibiza town Fully equipped kitchen Alarm system and private parking

Prices inclusive of Housekeeping daily (in-house caretakers) All bed-linen & towels Villa meet and greet? Chef services, 10h per day * 2 villa hosts to serve food & drinks

Also included in your stay - Concierge services: Our dedicated concierge team to pre-plan your stay including yacht charter, car hire, VIP table, child care, massages and much more. On call concierge to assist with those last minute details when in Ibiza.

* All costs for food and drinks charged for separately

Extra services Driving services Private chefs Boat charters Massages Yoga classes Childcare

BUYING IN THE BALEARICS

As you would expect, the islands come under the same broad scope of law as Spain when it comes to buying property on the islands.

However , the Balearic Government also has its own authority, including making policy decisions over issues such as tourist taxes and the licensing regime governing areas including holiday lets.

As you would expect, Spain has a well-established mechanism for buying property.

  • If you’re an EU citizen, buying is straightforward. If you are not, check whether certain restrictions apply to you (such as the time you can spend in Spain).
  • All property transactions in Spain are overseen by a Notary. He/she is there to validate the paperwork, check all necessary taxes are paid and register the property with the Spanish Land Registry. However, it is not the Notary’s role to give you legal advice or represent you.
  • Appoint a fully independent lawyer who speaks your language as well as Spanish, and who has no connection to the selling parties. The local town hall, the nearest British Embassy or online research can help you find one. Your lawyer will check that you are buying from the legal owner; whether there are existing mortgages on the property; if it complies with building regulations; and if there are developments that might affect you.
COSTS

In addition to the purchase price, buyers should allow a further 10-15% for additional fees and taxes. These may include:

  • Your proportion of the Notary’s fees, according to a tariff set by law. Allow for a sum of 0.5% – 1% of the price declared in the deeds.
  • The fees of your ‘abogado’ (your own lawyer). These will depend on the complexity of the purchase, but €1500 - €3000 is a guide figure. 
  • The Land Registry fee of around 1% of the sale value.

 

A local capital gains tax, reflecting the gain in value of the property when it is sold, is paid by the seller. However, if that seller is non-resident in Spain and fails to pay it, be aware that the burden can fall on you as the buyer.

ONGOING COSTS

Routine costs and charges of owning a property in the Balearic Islands include:

  • A property ownership tax (the ImpuestoSobreBienesInmuebles (IBI)). This local tax is charged at between 0.4% and 1.1% of the valorcatastral. The good news is that this is based on the administrative value of the property, which is frequently lower than the market value.
  • A wealth tax. For non-residents, there is a tax to pay on assets you own in the country. This starts above a threshold of €700,000 per person.
  • Personal Income tax. If you’re a non-resident and you don’t receive rental or any other income in Spain, you pay one-quarter of the 2% of the valorcatastral. If you are a landlord, allow a tax bill of about 25% of the gross income.

If and when you come to sell, Capital Gains Tax (Impuesto de Plusvalia) will apply. At the time of writing, this stood at 19%.

Please note: This article reflects Aylesford’s current understanding of property legislation in Spain and the Balearic Islands. It is offered for general guidance only; specialist legal and tax advice should always be taken for any property transaction.

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