3 bedroom Villa for sale with sea view with Income Potential in Calan Bosch, Ciutadella de Menorca, Menorca
This cosy chalet offers the perfect environment both for enjoying holidays and for investing in the tourism business. It has three spacious double bedrooms, each equipped with ceiling fans to ensure comfort throughout the year.
The living and dining room is cosy and features a fireplace, ideal for cooler nights. The renovated kitchen offers a modern and functional space. It has a main bathroom inside and a second bathroom outside, ideal for pool days.
Out...
This cosy chalet offers the perfect environment both for enjoying holidays and for investing in the tourism business. It has three spacious double bedrooms, each equipped with ceiling fans to ensure comfort throughout the year.
The living and dining room is cosy and features a fireplace, ideal for cooler nights. The renovated kitchen offers a modern and functional space. It has a main bathroom inside and a second bathroom outside, ideal for pool days.
Outside, there is a spacious area with a barbecue zone, perfect for enjoying gatherings and relaxing moments outdoors. The chalet also includes a garage, currently used as a storage room for additional storage.
At the top, there is a terrace that offers impressive views, an ideal place to enjoy the sun and the landscape.
The location is unbeatable: just a two minute walk from the lake, where there are various leisure and hospitality options, and a five minute walk from the beach, allowing you to enjoy the sea and sand at any time.
This chalet is a unique opportunity for those looking for a holiday home with all the amenities, or a profitable investment in the tourism sector.
This urbanisation only 12 kilometres to the south of the town of Ciutadella, takes its name from the sandy beach with its clear waters. The beach is watched over by several hotels, which are filled with tourists in the summer months. One of the main attractions of this residential area called the Lake of Calan Bosch is the marina, full of boats and yachts ideal for mooring and with easy and direct access to the sea. Although especially busy in the high season, it also invites you to rest in the winter while quiet and calm.
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This Villa is located in Ciutadella de Menorca in Balearic Islands
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Buying a Property in the Balearic Islands
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.