Renovated 4 bedroom Penthouse for sale with sea view in Sant Agusti, Palma, Mallorca

3,240,000 EUR 2,786,400 GBP 3,499,200 USD

Reference: 231071

Bedrooms: 4
Bathrooms: 4
Floor Size: 250 m2

Features

Balcony
Terrace
Communal Pool
Air Conditioning
Sea View
Parking
Good Condition
Penthouse

Details

Beautifully renovated, luxurious 4 bedroom Penthouse apartment with communal pool, enjoying 360 degree views across the sea and to the mountains beyond, from its idyllic location in Sant Agusti, a sought after area near Palma.

This spacious property impresses with a perfect layout and high-quality materials. It has a built size of approximately 250m2 with 4 terraces, and is located across the entire area of the 10th floor of a central apartment building.

This one of a kind penthouse has a generous sized open plan living, dining and kitchen area, a master bedroom with en-suite bathroom and walk in wardrobe, 3 further bedrooms with en suite bathrooms, one of which can also be converted to an office/ fitness or SPA area, a utility room and guest WC.

All the bedrooms have their own terraces offering beautiful views over the entire bay of Palma, the Marivent Palace, Tramuntana mountains, the Bellver Castle and the beach of Cala Major and the convenient access to the city of Palma, it's harbour and the airport.

Further features include: 4 parking places, the beach and several restaurants in the immediate vicinity, partially triple-glazed windows, wooden floors, underfloor heating, h/c air conditioning, fittings from well-known German manufacturers, entrance door with security fittings, TV with internet access, safe automatic shading systems and a community swimming pool.

Palma, the capital of the island of Mallorca, located in the bay of the same name, has a pleasant climate all year (17.9 degree C annual average). Known for its tourism and elegant shops, this city also offers a beautiful Old Town. The Cathedral, the Palace of the Almudaina, the Lonja square and the Plaza Mayor are some of the places that make this wonderful city so mystical. Palma has excellent public transportation and is just a 15 minutes' drive away from the international airport.

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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.