Luxury 5 bedroom Villa for sale with countryside view in Pollenca, Mallorca
The property was constructed in the 1970's and has since been maintained in perfect condition, in the original classical style. It is a very big family home with large, open lawns and grounds. The neighbourhood is very exclusive, the best of the top locations in Pollensa.
The house is entered through a central formal entrance, hallway and directly through to the main living room which is double height, with a gallery and upper patio. The living space is impressive and i...
The property was constructed in the 1970's and has since been maintained in perfect condition, in the original classical style. It is a very big family home with large, open lawns and grounds. The neighbourhood is very exclusive, the best of the top locations in Pollensa.
The house is entered through a central formal entrance, hallway and directly through to the main living room which is double height, with a gallery and upper patio. The living space is impressive and is the focal point of the house. The bedroom suites, guest apartment and kitchens are in the 2 wings, to either side of the living room. The 800m of living space offers very flexible accommodation options and really needs to be seen to be appreciated.
Outside the lawned garden is flat and open and is perfectly maintained. The cleverly designed swimming pool has many different levels and is perfect for sitting, relaxing or chatting in the soothing water. The property has a unique style in Pollensa. A property of this size is difficult to find.
The size, the exclusive location and the existing holiday rental license are factors why this is is a very desirable investment property.
Historic Pollensa town is without doubt one of the most attractive locations to invest and live in Mallorca. There are so many places of interest to visit in this town such as the Sant Domingo cloister, art galleries and the famous Calvari to name a few. The port with its international marina and fabulous beaches is within a few minutes drive. Both towns are loaded with cute boutiques and fashionable cafes. House with ETV rental license for sale. Please note that our holiday villas in Pollensa are registered under the ETV Touristic law of Mallorca and the Balearic Islands.
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This Villa is located in Pollenca 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.