Character 4 bedroom Duplex for sale with sea view in Puerto Banus, Andalucia
This property, which is an excellent investment opportunity, is in a unique location, right next to the Jose Banus harbour. The urbanisation enjoys impeccable gardens and a communal swimming pool next to the beach, and luxurious finishes which can be appreciated from the entrance hall and the communal areas which are decorated with marble.
Originally 2 separate properties, which have been joined together by an impressive marble staircase inspired by the Ritz hotel in Madrid.
The property has a total living area of 759m2 and still has 2 entrance doors should a buyer wish to use the entrances separately.
Ground floor: entrance hall, guest WC. living room with a dining table and direct access to the large terrace with unbeatable sea views. Connected to the living/dining room, there is another room suitable for multiple uses such as breakfast room, office, TV room, a space full of natural light and the sea just a few metres away with direct access to the huge terrace. There is a large independent kitchen with a separate laundry room and 2 bedrooms, 1 of which has an en-suite bathroom.
First floor: master bedroom, which stands out for its dimensions, includes a large walk-in wardrobe and a complete en-suite bathroom, equipped with a Jacuzzi with stunning sea views.
Other features include: air conditioning, aluminium carpentry with double glazing, plus 2 parking spaces and a storage room in the underground garage.
Throughout the property there are special features such as Venetian stucco on the walls, wood, travertine marble decoration on the floor and in the bathrooms hand-painted walls.
The property is currently unfurnished.
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This Apartment is located in Puerto Banus 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.