Lovingly Maintained 4 bedroom Farmhouse for sale with countryside view in Inca, Mallorca

1,250,000 EUR 1,075,000 GBP 1,350,000 USD

Reference: 247122

Bedrooms: 4
Bathrooms: 2
Floor Size: 352 m2
Plot Size: 1.55 hectares / 3.83 acres

Features

Terrace
Garden
Fruit Trees
Private Pool
Equestrian Facilities
Air Conditioning
Fireplace
Existing Tourism Licence
Mountain View
Countryside View
Pool View
South Facing
Quiet Area
Parking
Garage
Traditional Style
Good Condition

Details

Well maintained and attractive 4 bedroom finca, set on a large plot of around 15,500m2 right in the heart of the countryside, yet close to Inca.

It comes with a coveted holiday rental license, swimming pool, lots of outside space and stunning mountain views, plus it is situated just a 2 minute drive from the city centre with access to a plethora of shops, bars and restaurants.

This property, which is well presented, has an entrance driveway and is surrounded by nature. Inside there is an entrance hall, large living room with an open fireplace and double-height ceilings with exposed wooden beams, a fitted and equipped kitchen with an island and a dining room which is located in the adjoining enclosed terrace, perfect for year-round entertainment. The ground floor also has 2 double bedrooms and a bathroom.

The first floor is home to 2 further double bedrooms and a bathroom.

The outside space is a fantastic highlight, with lots of space and versatility, excellent for families. The large plot offers Mediterranean gardens, olive trees, a covered outdoor kitchen with barbecue, a variety of terraces including a pergola, and a saltwater pool with a sunbathing area. The property even has excellent facilities for horse lovers, as it has stables and a paddock.

Other features include a large bodega, air conditioning, garage, well, mains electricity and an ETV license which would allow to generate additional income.

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Balearic Islands Property Buying Guide

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.