Income Producing 4 bedroom Villa for sale in Cala Rata, Menorca
The property is a true gem, not only for its stunning location but also for its lucrative tourist license, making it an ideal investment for those looking to combine luxury living with rental income.
The exterior of the house is a great example of Mediterranean elegance, with beige painted walls and terracotta roof tiles. Bougainvillea vines covering the walls, adding a splash of vibrant colour to the facade.
The 290m2 property is surrounded by lush, landscaped gardens of nearly 700m2 filled with fragrant flowers and palm trees.
The main living area of the house is designed with an open floor plan, maximising the panoramic sea views.
Large windows and glass doors in the living room and dining area frame the sea views, allowing natural light to flood the space.
The kitchen is a chef's dream, featuring high-end appliances, very well-equipped for preparing gourmet meals or entertaining guests with ease.
The house offers several spacious bedrooms, each designed for comfort and relaxation. The master suite, with its own private balcony, provides a tranquil retreat where you can wake up and enjoy your morning coffee while watching the sunrise over the sea. The expansive terrace, spans the entire length of the house. It is the perfect place to unwind, with a covered dining area, comfortable furniture, and a private pool that appears to blend seamlessly with the sea beyond.
One of the standout features of this property is its tourist license, allowing a generous rental return. This not only provides a steady income but also ensures that the house is well-maintained and cared for.
In the evening, the house comes alive with the glow of strategically placed outdoor lighting, creating a magical atmosphere for al fresco dining or simply stargazing over the shimmering harbour.
With its stunning sea views, elegant design, and tourist license, this house offers the perfect blend of coastal luxury and investment potential, making it a dream home for those seeking a slice of paradise by the sea.
Swimming pool
With terrace
With garden
With sea views
4 bedrooms.
Features
Fees Paid By Seller
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This Villa is located in Cala Rata in Balearic Islands
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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.