Land 244 м² in Formentera del Segura, Spain

2 216 360 $

9 083 $ /м²

4OWJI

Land 244m² in Spain, Formentera del Segura. Priced at 1890000€ rent photo- #1

Land 244m² in Spain, Formentera del Segura. Priced at 1890000€ rent photo- #2

Land 244m² in Spain, Formentera del Segura. Priced at 1890000€ rent photo- #3

Land 244m² in Spain, Formentera del Segura. Priced at 1890000€ rent photo- #4

Land 244m² in Spain, Formentera del Segura. Priced at 1890000€ rent photo- #5

Land 244m² in Spain, Formentera del Segura. Priced at 1890000€ rent photo- #6

Area

244 м²

Bedrooms

Bathrooms

Luxury house with 5 rooms for sale in Formentera, Balearic Islands

Charming house in one of the best neighborhoods of Formentera~~~A beautiful house in a quiet neighborhood a few minutes from San Francisco Javier, one of the most important towns on the paradise island of Formentera.~~The house has a total area of 509 m2.~~It consists of a two-story main house and an attached guest house with everything you need. ~~The house has a large porch, garden, barbecue and solarium.~~Sa Melibea stands out for its characteristic and warm color, the presence of wood in all rooms, the cozy and homely atmosphere that charms all guests and makes them feel at home. ~~The house is located in a living room with fireplace, high ceilings and beams, which gives it a rustic and refined style.~~Fully equipped kitchen with new appliances, 5 double bedrooms and 4 bathrooms.~~It should be noted that the property has a tourist license, which makes it a very profitable investment and gives the right to enjoy it, given its location a few kilometers from any beach with crystal clear water and pink sand on the island of Formentera.

Additional details

Property type

Land

Object type

Land

Price

2 216 360 $

FAQ

In Spain a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Formentera del Segura; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Banks in Spain finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

A title search at the land registry of Spain takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Yes. Rental income tax is 5–25% depending on the regime. In Formentera del Segura short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Yes. An inspection costs about 0.5–1% of the price (2 216 360 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

A typical transaction runs 30–90 days, averaging 45 in Formentera del Segura: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).