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Reference 242197

3 bedroom Penthouse for sale with sea view in Mijas Costa, Mijas, Andalucia

879,000 EUR
755,940 GBP 940,530 USD
Situated in a sea front community, that was formerly a luxury hotel on the Costa del Sol, with direct access to the sea promenade and within just a short walk to the local amenities.

Originally the presidential penthouse suite of the hotel, which was later converted into a semi penthouse as the hotel adapted and transformed into private apartments.

Direct views to the sea are adorned with views to the swimming pool, tennis courts and lush gardens.

Entirely renovated and designed by a renowned North American architect, using the highest quality standards that one would expect to find from a luxury property, whilst benefiting from the gorgeous sea views of the Costa del Sol and sun that one would hope to bask in during their stay here.

Features of the apartment include acoustic and thermal windows, air conditioning and remote-control shutters. Gas, electric and solar options, gas supply for the Jacuzzi, shower and cook-top. Optional solar panels can be attached on the roof of the solarium, the wiring is already in place.

The enclosed solarium, which can be converted into a 3rd bedroom, currently serves as an office, a playroom, a gym, and a movie theatre. Access to balconies from every room.

This unit also has an optional second unit that was connected from the inside. Currently that apartment serves as a touristic rental property for guests and has become a second home to many.

Features

Reference242197
Price879,000 EUR
Number of Bedrooms
Bedrooms
3
Number of Bathrooms
Bathrooms
2
Floor Space in Metres Squared
Floor Space
115.0m2
Land Size in Metres Squared
Land Area

Location

Where is this property?

This Apartment is located in Mijas in Spain

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Buying a Property in Spain

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.