Exclusive 4 bedroom Farmhouse for sale with countryside view and panoramic view in Selva, Mallorca
With a vast living area of 526m2, this superb villa is an inspired blend of natural materials with a state-of-the-art-design, which beautifully combine to create this luxurious and welcoming home with every convenience for the modern Mediterranean lifestyle. In addition, the property includes ancient olive trees, some of which are between 500 to 1,000 years old, offering the possibility of olive production.
Ground floor: 2 en-suite bedrooms w...
With a vast living area of 526m2, this superb villa is an inspired blend of natural materials with a state-of-the-art-design, which beautifully combine to create this luxurious and welcoming home with every convenience for the modern Mediterranean lifestyle. In addition, the property includes ancient olive trees, some of which are between 500 to 1,000 years old, offering the possibility of olive production.
Ground floor: 2 en-suite bedrooms which have shared access to an interior patio, a bespoke Italian designer kitchen equipped with top quality Gaggenau appliances, a bright dining area and a split-level living room with a fireplace and direct access to the terrace and garden.
First floor: dedicated to the master suite which features a large bedroom, walk-in wardrobe, an en-suite bathroom which has a bath overlooking the countryside, plus there are 2 private terraces with even more fabulous views.
Outside: beautifully landscaped gardens, various terraces for entertaining, a countercurrent swimming pool and pre-installation for heating should you wish to install it.
Other features include: reverse air conditioning, underfloor heating, an alarm system, and a semi-basement level with natural light which could be converted into a gym or home cinema to suit personal requirements.
The villa is also self-sustainable, benefiting from 60 solar panels and 28 batteries which provide around 100,000kw of power. A new well has also been installed providing a sustainable water supply.
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This Farmhouse is located in Selva 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.