Luxury 3 bedroom Villa for sale with sea view in Fornells, Menorca
This stunning property is part of an exclusive new development.
This exclusive project features 23 houses designed with the same principles, focusing not on ostentation or excess, but on the serene elegance of meticulously designed spaces and the harmony between nature and the built environment.
The residential complex is designed in the distinguishing and traditional aesthetic style of the island of Menorca, incorporating local materials such as Mares stone and Menorcan-style gates. Inside the property offers a thou...
This stunning property is part of an exclusive new development.
This exclusive project features 23 houses designed with the same principles, focusing not on ostentation or excess, but on the serene elegance of meticulously designed spaces and the harmony between nature and the built environment.
The residential complex is designed in the distinguishing and traditional aesthetic style of the island of Menorca, incorporating local materials such as Mares stone and Menorcan-style gates. Inside the property offers a thoughtfully planned layout with spacious and bright areas.
The interior design team has ensured that this superb new property provides a living experience that captures the unique essence of Menorca in every detail.
Key features of the project • 23 designer residences ranging from 180m2 to 210m2 of interior space and 95m2 to 100m2 of private terraces • large terrace with private pool and views of the Fornells Bay • communal areas with garden and pool.
Villas are distributed over 3 floors with a basement • 3 bedrooms, 3 bathrooms, and a guest cloakroom.
There is a private garage for two cars and a service area interior design service and customisation aiming to provide a fully equipped house tailored to ones every need, within a design that complements the magnificent surrounding environment, ensuring a smooth and exciting transition to the new residence.
Fornells is one of the most sparkling jewels of Menorca. It is a place of pilgrimage for gourmets of lobster and fish stew thanks to the superb restaurants. In the summer, it gently bustles with tourists coming and going, admiring the beauty of the village and its narrow streets. Out of season, the authentic Fornells emerges, that of an oasis of peace and quiet, disturbed only by the days of the Tramontana wind, when its spectacular bay forms the ideal refuge for sailing in a safe and wonderful setting. Administratively, Fornells belongs to the district of Es Mercadal.
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This Villa is located in Fornells 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.