Income Producing 10 bedroom Villa for sale in Mojacar, Andalucia
This superb property presents a great business opportunity as the apartments are up and running, rent generating, and have a total of 6 bedrooms.
The main house sits above the apartments and comprises 4 bedrooms and 2 bathrooms. The plot is large and as well as the most spectacular views of Mojacar Pueblo, there is space enough within the walled/fenced grounds, for all to enjoy. Within the grounds there is a large swimming pool housed in a fly-...
This superb property presents a great business opportunity as the apartments are up and running, rent generating, and have a total of 6 bedrooms.
The main house sits above the apartments and comprises 4 bedrooms and 2 bathrooms. The plot is large and as well as the most spectacular views of Mojacar Pueblo, there is space enough within the walled/fenced grounds, for all to enjoy. Within the grounds there is a large swimming pool housed in a fly-free zone and fruit trees.
The main villa comprises an entrance hallway, large living room with access to a terrace, dining room, study/office, kitchen with utility room off, bathroom, four double bedrooms and a further bathroom. All of the bedrooms have built in wardrobes and air conditioning. The living room has a German style ceramic wood burner.
There are 17 solar panels for water heating, and in the garden is a well which is used for topping up the swimming pool and watering the garden.
Apartment 1 is accessed via the entrance hallway and comprises of a bedroom, a bathroom, and air conditioning. Furniture is not included.
Apartment 2 is accessed externally and comprises of 2 bedrooms and a bathroom, with air conditioning, and is sold furnished.
Apartment 3 is accessed externally and comprises of 1 bedroom, and 1 bathroom. There is no air conditioning and it is sold furnished.
Apartment 4 is accessed externally and comprises of 2 bedrooms and 1 bathroom. It has air conditioning and sold furnished.
There are many extras included in the sale: a double garage, workshop. alarm system.
Mojacar, where the sun shines 320 days of the year, has much to offer for the tourist and resident, with 14 kilometres of sandy, uncluttered beaches, and a backdrop of spectacular mountains which are abundant in flora and fauna. It is known throughout Spain as the Corner of Enchantment for its unique character and micro-climate. Although only a small seaside town Mojacar offers 2 quality links golf courses and several other golf courses are only a short drive away.
There is no high-rise building to obscure the sea or the views, nor will there be; earlier edicts have ensured that this lovely area will remain as natural as possible. It is for this reason that Mojacar is known as the 'Corner of Enchantment'. Located on the south-east coast of Andalusia, and surrounded by designated areas of natural beauty, Mojacar is an ideal venue which offers solitary beaches, restaurants, trendy chiringitos-beach bars, street cafes, shops, and many sporting facilities. Mojacar and all its surrounding towns and villages have their individual street markets where everyone can enjoy local cuisine, tradition, colour - and the REAL Spain.
Situated only an hours drive from Almeria international airport and 1.5 to 2.5 hour drive to the airports of Murcia and Alicante. Mojacar has excellent motorway access and in the next few years will be served by the AVE high speed train from Madrid.
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This Villa is located in Mojacar in Spain
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Buying a Property in Spain
1. Putting down a Holding Deposit
On finding a property you wish to purchase you will need to negotiate the terms, price and conditions of the sale with the owner. This part of the process is not binding. We would recommend using an independent English speaking legal advisor. Once a purchase price has been agreed, normally a holding or reserve deposit will be required to ensure the property is removed from the market. The sum required will vary between properties and will be based on the purchase price. A time limit for the preagreement to be signed will be arranged and there will also be legal checks to be made.
2. Setting up a Pre-agreement (Contrato privado de compraventa)
The pre-agreement will set out the conditions under which the Buyer and Seller agree to complete the purchase of the property and the price they have agreed upon. Relevant details will generally be included for example the property details, purchase price and the date for completion. A deposit will be required at this point, this will vary, but will generally be 10% of the agreed price. This agreement will include a penal clause if the sale does not go through. If the seller pulls out of the sale your compensation will be double the deposit you have paid, but if you decide not to go through with the sale then your deposit will be lost. Certain checks will need to be made before signing the contract, checks should be made against the title of the property, mortgage status and if the property has any debts held against it. The planning status should also be looked into. These conditions can be varied by the seller and the buyer and other types of agreement can be made.
3. The Contract (Escritura de compraventa)
Before a non-Spanish purchaser can buy a Spanish property they will need to have set up a Spanish bank account and obtained a Spanish tax number (NIE). The completion will take place in the presence of a Notary Public. This is a Spanish public official, by law the deed of sale must be witnessed by a Notary Public. You will also need your own independent, expert legal advisor to act on your behalf. On Completion the buyer must pay the balance, that is the price agreed after the deposit has been deducted, plus any other fees on the completion date. Both buyer and seller must sign the Escritura de compraventa contract, (this is the Spanish equivalent of the title deeds). The title deeds (escritura) will be given to the buyer, this will be done in the presence of a Notary Public, they will certify that the transfer has taken place. The tax office will be sent a copy and the property registry will be informed of the transfer.