Quiet 5 bedroom Villa for sale with sea view and panoramic view in Port de Pollenca, Pollenca, Mallorca
Offering fantastic views of the valley and the bay of Pollensa, this solidly built property offers bright and airy spaces and is set out over two floors, which comprises of, on the upper/entrance floor: large entrance hall, very bright living room with direct access to a terrace. The living room connects with the separate dining room and the kitchen. On this floor there is also an office, a covered barbecue area and access to another higher living room.
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Offering fantastic views of the valley and the bay of Pollensa, this solidly built property offers bright and airy spaces and is set out over two floors, which comprises of, on the upper/entrance floor: large entrance hall, very bright living room with direct access to a terrace. The living room connects with the separate dining room and the kitchen. On this floor there is also an office, a covered barbecue area and access to another higher living room.
Ground floor: 5 bedrooms and a gym, all of which have access to the terrace, the garage and the swimming pool. The swimming pool is built on 2 connected levels, surrounded by terraces and landscaped gardens.
This is a fabulous residence to enjoy and relax. The views are unbeatable and the location is exclusive.
Considering all the aspects this villa has to offer, it is also an excellent investment property, as it disposes of a coveted holiday rental license which enables it to generate a substantial rental income.
The international yacht marina and excellent conditions in the beautiful bay attract many water sports enthusiasts to this charming port. The golden sandy beach and shallow waters leading off the beach into the sea are guarantees for wonderful family holidays. Numerous exquisite restaurants and trendy cafes along the promenade or on the main square in the town centre are waiting to spoil their clients.
Puerto Pollensa is the perfect holiday resort with a traditional ambience for families and people who want to enjoy a relaxing and laid-back holidays.
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 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.