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Mike Braunholtz
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Reference 243946

Spacious 3 bedroom Villa for sale with countryside view and panoramic view views in Selva, Mallorca

650,000 EUR
559,000 GBP 702,000 USD
Spacious finca with lots of potential in a peaceful rural setting with panoramic views.

This 252m2 3 bedroom property is just 2km from the village of Selva and is full of rustic charm. It sits in over 4 acres of land and offers incredible views of the Tramuntana mountains and surrounding countryside.

The main house is in good construction with a new roof and comprises three double bedrooms, a bathroom, a fitted kitchen with a pantry and access to the terrace, there is also bright, spacious living/dining room with a traditional fireplace.
There are various outbuildings with potential which can be converted to suit personal requirements, these include a covered barbecue with a wood oven and a bathroom, a garage, a storeroom, and buildings for agricultural use.

Outside there is a large water deposit, plenty of space for parking, a variety of fruit and olive trees and an irrigation system.

Other features include built-in wardrobes, a well with its own drinking water, covered and sunny terraces and impressive views.

Selva is a lovely municipality with about 3,000 inhabitants in the Tramuntana area, between Inca and the Lluc monastery.
The villages Caimari, Moscari and Biniamar also belong to this municipality. Caimari is famous throughout Spain for the production of high quality olive oil.

Features

Reference243946
Price650,000 EUR
Number of Bedrooms
Bedrooms
3
Number of Bathrooms
Bathrooms
2
Floor Space in Metres Squared
Floor Space
252.0m2
Land Size in Metres Squared
Land Area
1.8 Ha

Location

Where is this property?

This House is located in Selva in Balearic Islands

For security, the map shows the nearest town or village. Please get in touch for full details.

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Airports near Selva

Palma de Mallorca28km
Menorca114km
Ibiza164km

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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.