Unique 6 bedroom Villa for sale with sea view and panoramic view in Puerto Andratx, Andratx, Mallorca
This incredible property boasts large rooms with oversized windows throughout, a variety of entertainment spaces and a swimming pool overlooking the sea below, perfect for relaxing and chilling out whilst relishing the views.
In terms of development, the property's footprint can be renovated to enhance this outstanding sea front villa. At present, building restrictions prevent new constructions in La Mola, although this will change, allowing the...
This incredible property boasts large rooms with oversized windows throughout, a variety of entertainment spaces and a swimming pool overlooking the sea below, perfect for relaxing and chilling out whilst relishing the views.
In terms of development, the property's footprint can be renovated to enhance this outstanding sea front villa. At present, building restrictions prevent new constructions in La Mola, although this will change, allowing the new owner to create additional property on the plots to the south. There are 6 plots in total, covering 8,350m2 of prime front line land, making this an unmissable investment opportunity, the like of which is seldom seen.
Port d'Andratx, one of the best and most spectacular natural harbours in Mallorca, is characterised not only by various sandy beaches nearby such as, Cala Llamp, Cala Egos and Cala Moragues, but also for hosting special ultramodern luxury properties. The Sailing Club is one of the best equipped in the Balearic Islands. In the dock you will always find fresh fish daily. Along the coast you can enjoy a walk and visit several shops and exquisite restaurants with terraces and wonderful sea views.
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This Villa is located in Andratx 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.