Renovated 3 bedroom Villa for sale with countryside view in Port d'Addaya, Menorca
With a functional and cosy design, the 150m2 comprises of a spacious and bright living and dining room, a fitted kitchen, three large bedrooms, three bathrooms and storage room.
Completely renovated in 2024 with quality materials and installations, as well as solar panels for lower electricity consumption.
Situated just a few minutes walk from the marina, one can enjoy seaside walks and water activities. In addition, the beautiful Arenal d'en Castell beach is just a few minutes away.
The property is completed with a pleasant s...
With a functional and cosy design, the 150m2 comprises of a spacious and bright living and dining room, a fitted kitchen, three large bedrooms, three bathrooms and storage room.
Completely renovated in 2024 with quality materials and installations, as well as solar panels for lower electricity consumption.
Situated just a few minutes walk from the marina, one can enjoy seaside walks and water activities. In addition, the beautiful Arenal d'en Castell beach is just a few minutes away.
The property is completed with a pleasant swimming pool offering views of the countryside, surrounded by a natural environment that invites peace and relaxation, while its distribution on a single floor facilitates access and mobility.
Located on the North side of the island, in the borough of Es Mercadal, this urbanisation owes its name to its exclusive natural port, halfway between the Natural Park of S'Albufera des Grau and the Marine Reserve of northern Menorca. This area houses many villas - not only those for summer occupancy but also many for all year round living as well - set with privileged views over the sea and Marina. It is an unbeatable place for those boat owners who are looking for mooring with a place to live in Menorca. Apart from the variety of complexes in this area, it also boasts a defence tower, built during an English reign.
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This Villa is located in Port d'Addaya 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.