Exclusive 8 bedroom Villa for sale with sea view in Cas Catala, Mallorca
This Mediterranean property has a Rental Licence and offers 600 m2 of constructed area, plus 150 m2 of covered and uncovered terraces, and is set on a 1,200 m2 plot of beautiful landscaped gardens.
The 500 m2 living area is divided over 2 floors and includes 8 bedrooms, 8 bathrooms, spacious living/dining areas and a fully equipped kitchen. The beautiful outdoor area also includes a heated swimming pool.
This property has a guest apartment on the lower floor and a holiday rental licence for 8 people.
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This Mediterranean property has a Rental Licence and offers 600 m2 of constructed area, plus 150 m2 of covered and uncovered terraces, and is set on a 1,200 m2 plot of beautiful landscaped gardens.
The 500 m2 living area is divided over 2 floors and includes 8 bedrooms, 8 bathrooms, spacious living/dining areas and a fully equipped kitchen. The beautiful outdoor area also includes a heated swimming pool.
This property has a guest apartment on the lower floor and a holiday rental licence for 8 people.
There is a garage for 3 cars plus carport for 2, store room, underfloor heating, swimming pool and Jacuzzi all heated by solar panels, partial sea views.
Cas Catala is a highly sought-after neighbourhood of Palma with all amenities in walking distance. Supermarkets, direct bus lines to Palma, gym, town hall, doctors / dentists clinics and Pac, veterinarians, pharmacies, international schools,restaurants, cafes.
4 beaches are within walking distance, and golf courses, are within the vicinity.
Cas Catala is located on the south-west coast of the island, less than 10 and 15 km from the centre of Palma and the international airport respectively.
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This Villa is located in Cas Catala 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.