13 bedroom Villa for sale with panoramic view with Income Potential in Alhaurin el Grande, Andalucia
This spectacular mansion is situated in an exclusive urbanisation on the edge of the Sierra de Mijas and only 5 minutes from the village. It offers
7 spacious bedrooms, each with its own private bathroom, two of these bedrooms have independent access, one on the top floor with bathroom and Hammam room and sauna, plus a very large walk in wardrobe that could be used as a children's room. The second bedroom has two bedrooms, a separate walk in wardrobe and ...
This spectacular mansion is situated in an exclusive urbanisation on the edge of the Sierra de Mijas and only 5 minutes from the village. It offers
7 spacious bedrooms, each with its own private bathroom, two of these bedrooms have independent access, one on the top floor with bathroom and Hammam room and sauna, plus a very large walk in wardrobe that could be used as a children's room. The second bedroom has two bedrooms, a separate walk in wardrobe and direct access to the garden.
The main house has two large living rooms with fireplace, a dining room which is next to the pool and a large terrace with splendid views over the Guadalhorce valley and the Malaga Bay.
There is also a fully equipped bodega, which is a perfect area to relax and spend time with friends.
Other features include a spacious entrance hall, 2 offices, fully fitted kitchen, utility room, guest WC, lift for up to 8 people, and a storage room.
There is also a separate guest house comprising the ground floor with a 66m2 garage and the top floor of 55m2, with two bedrooms, and a bathroom.
In addition, there is a summer living room with two sitting areas, guest WC, and barbecue area.
This superb property is surrounded by a beautiful garden with a variety of plants, palm trees, flowers and fruit trees. It has its own well and a water deposit with a capacity of half a million litres.
A very important point to note: the urbanisation allows the possibility of using the property as a Hotel, which gives the possibility of getting the maximum potential out of it such as a boutique hotel, or private retreat, or rehabilitation centre.
It is in an ideal location; Alhaurin El Grande is 5 minutes away, Marbella 35 minutes, and Malaga airport 20 minutes away. The area offers a wide range of activities such as golf, cycling, hiking or visiting iconic areas such as the Caminito del Rey, and traditional Spanish villages.
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This Villa is located in Alhaurin el Grande 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.