Beautiful 9 bedroom Villa for sale with sea view in Cala Vinyes, Mallorca
This outstanding first line property is in a sought-after area of the south-west coast of Mallorca. It represents a great investment opportunity, offering a variety of possibilities and the chance to acquire one of the largest first line villas in the area.
The property is spread across 5 floors, with an area of 1,228 m2 on a plot of 1,430 m2.
The 9 bedrooms are all en-suite and most of them with Jacuzzi bathtubs. All floors have spacious...
This outstanding first line property is in a sought-after area of the south-west coast of Mallorca. It represents a great investment opportunity, offering a variety of possibilities and the chance to acquire one of the largest first line villas in the area.
The property is spread across 5 floors, with an area of 1,228 m2 on a plot of 1,430 m2.
The 9 bedrooms are all en-suite and most of them with Jacuzzi bathtubs. All floors have spacious living and dining areas with fireplace and large covered and non-covered terraces.
The house also has an unbelievable 239 m2 rooftop terrace with Jacuzzi and shower, an independent guest apartment on the ground-floor and a separate floor also with its own entrance plus a wine cellar.
One of the floors has a locker area with shower which could be converted into a gym with spa area. The no-less stunning outdoor offers a rich Mediterranean garden with palm trees and various plant species and a large salt-water pool also enjoying breathtaking views and where from one can walk down to the cove and sea's crystal water.
Additional Features: Double garage, exterior walls made of Mallorquin high quality and sea resistance stone, air conditioning, central heating, marble floors, all windows are double glazed.
Cala Vinyes is a hugely desirable area on the south-west coast of Majorca and is only a short drive from the main links to Palma and the Airport. The property is 10 minutes away from all amenities.
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This Villa is located in Cala Vinyes 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.