Large Teaser
Reference254488
Price850,000 EUR
Bedrooms3
Bathrooms1
Floor Space122.0m2
Land Area256.0m2

Beachfront 3 bedroom Apartment for sale with sea view in Es Mercadal, Menorca

850,000 EUR
705,500 GBP892,500 USD
Unique opportunity to acquire a stunning 3 bedroom ground floor Penthouse apartment with garden enjoying panoramic sea views from its idyllic waterfront location in Es Mercadal.

Imagine living in a penthouse that's also at street level. This rare property makes it possible. Set in a distinctive building divided into just two residences, this is the home that occupies the entire upper floor, with direct access from the street.

The spacious front terrace offers breathtaking panoramic sea views, taking in nearby islets, leisure boats, and the comings and goings of the charming Port of Addaia and its equally delightful neighbor, Cala Moli. It's the perfect spot to dine al fresco, ...
Unique opportunity to acquire a stunning 3 bedroom ground floor Penthouse apartment with garden enjoying panoramic sea views from its idyllic waterfront location in Es Mercadal.

Imagine living in a penthouse that's also at street level. This rare property makes it possible. Set in a distinctive building divided into just two residences, this is the home that occupies the entire upper floor, with direct access from the street.

The spacious front terrace offers breathtaking panoramic sea views, taking in nearby islets, leisure boats, and the comings and goings of the charming Port of Addaia and its equally delightful neighbor, Cala Moli. It's the perfect spot to dine al fresco, sunbathe, or simply relax and enjoy the ever-changing seascape.

The home welcomes you with a traditional west-facing patio, and from the moment you step through the main entrance, the open views of sea and sky fill the living-dining area with light and a sense of space.

The northern part of the house includes three bedrooms and a bathroom, all oriented to the north. What was originally a fourth bedroom has been converted into a second living room, expanding the daytime living area and enhancing the home's brightness and flow. A compact and functional kitchen completes this part of the home.

Additionally, there is a right of way through the neighbouring property that provides access to a garage located partly beneath the house. As a final highlight, the property shares direct access to a private dock-a perfect meeting point to pick up family and friends for a day out at sea. All this is just steps away from the charming Na Macaret beach.

Contact our Property Expert
Rebecca

Rebecca Ludlow

+34 951 247 006

UK Office: +44 (0)1935 817188

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This Apartment is located in Es Mercadal 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.