4 bedroom Villa for sale with countryside and panoramic views in Santa Margalida, Mallorca
This lovely home is a quiet and peaceful retreat, has incredible panoramic views and is conveniently locatd close to the town, as well as Can Picafort and the famous Playa de Muro beach, which is just a 10 minute drive away.
Accessed via a long private driveway, this superb villa has a total spacious living area of 316m2, which comprises of: large living room with a dining area and a large kitchen/diner with double doors leading to a covered terrace. This level also has a double bedroom, bathroom with a sh...
This lovely home is a quiet and peaceful retreat, has incredible panoramic views and is conveniently locatd close to the town, as well as Can Picafort and the famous Playa de Muro beach, which is just a 10 minute drive away.
Accessed via a long private driveway, this superb villa has a total spacious living area of 316m2, which comprises of: large living room with a dining area and a large kitchen/diner with double doors leading to a covered terrace. This level also has a double bedroom, bathroom with a shower and a laundry room.
First floor: 3 further bedrooms, each with en-suite bathrooms and access to the upper terrace which offers incredible views of the mountains and rolling green hills surrounding the villa.
Outside: large covered terraces for relaxing and dining alfresco, picturesque gardens with neat lawns, ideal for families with children, a built-in barbecue for entertaining guests in the summer, and a 10 x 5m swimming pool with sunbathing area.
Features include a variety of fruit trees, lots of privacy, reverse air conditioning, central heating and a lucrative holiday rental license which would enable to generate an addition income, if required.
The town of Santa Margalida occupies a central location to the north of Mallorca tucked in slightly inland off the bay of Alcudia. The town dates back to the re-conquest of the island at a time when it was retaken from Islamic control. However, the very earliest indicators of old inscriptions and tombstones suggest that settlements existed here during roman times. Santa Margalida offers the visitor a wide range of amenities and attractions, all within easy reach. Set amongst the towns large central square are numerous tapas bars and shops and provide a tempting way to spend a lazy day.
House with ETV rental license for sale. Please note that holiday villas in Mallorca are registered under the ETV Touristic law of Mallorca and the Balearic Islands.
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This Villa is located in Santa Margalida 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.