5 bedroom Villa for sale with sea view with Income Potential in Punta Prima, Menorca
995,000 EUR
855,700 GBP1,064,650 USD
Enjoying panoramic sea views from its ideal location near the beach and all amenities in Punta Prima, is this very well presented 5 bedroom spacious villa with Tourist Licence, pool and garden.
Situated 300m from the beautiful white sands, this charming property combines modern design with comfortable living, providing the perfect setting for a relaxing summer retreat with sea views from its spacious poolside terrace.
Upon entering the villa through the covered terrace, there is a bright, open living area, comfortable living room with a large dining table, a fully equipped kitchen just off the living area and adjoining utility area. There are three good sized bedrooms.
Enjoying panoramicsea views from its ideal location near the beach and all amenities in Punta Prima, is this very well presented 5 bedroom spacious villa with Tourist Licence, pool and garden.
Situated 300m from the beautiful white sands, this charming property combines modern design with comfortable living, providing the perfect setting for a relaxing summer retreat with sea views from its spacious poolside terrace.
Upon entering the villa through the covered terrace, there is a bright, open living area, comfortable living room with a large dining table, a fully equipped kitchen just off the living area and adjoining utility area. There are three good sized bedrooms.
The master bedroom is an impressive wing with private walk in wardrobe and en-suite bathroom with bath and shower, plus sliding patio doors onto the covered terrace.
The other two bedrooms on the upper floor feature twin beds and ample storage, sharing a family shower room.
Downstairs there is a great space for relaxation, a second living room with direct access to the pool and sunbathing terraces. There are also two more double bedrooms and a bathroom.
The outdoor spaces will delight, a big swimming pool surrounded by expansive sunbathing terraces and walled for privacy and safety. A deep covered terrace offers the perfect setting for al fresco meals while enjoying the warm weather and stunning Mediterranean views, with plenty of space for a summer living room and dining area.
The garden is low maintenance and is planted with various fruit trees and there is plenty of room for parking several vehicles. Fully air-conditioned it is an ideal choice for holidays, or combine with summer lets to obtain a return on the investment.
Don't miss out on this opportunity, a magnificent, spacious house with sea views, with tourist license in the sought after seaside resort of Punta Prima.
Under British domination, Punta Prima was known as Sandy Bay. For decades, Punta Prima has been one of the ideal spots to spend Summer on the island. On this lovely section of the Menorca coastline, there is always something to please whether it is taking in the turquoise waters that lap the beach, going diving or taking a trip in kayak.
The urbanisation perfectly combines holiday homes with hotel complexes, restaurants and apartments. The Illa de l’Aire dominates the view, on which stands one of the lighthouses that surround Menorca and where the very famous Iberian wall lizard lives, an endemic species that appears as a souvenir in any shop.
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.