Income Producing 4 bedroom Villa for sale with sea view in El Campello, Valencia

1,095,000 EUR 941,700 GBP 1,182,600 USD

Reference: 244633

Bedrooms: 4
Bathrooms: 4
Floor Size: 300 m2
Plot Size: 1,028 m2

Features

Balcony
Terrace
Garden
Private Pool
Golf Resort or Nearby
Fireplace
Existing Tourism Licence
Sea View
South Facing

Details

Wonderful opportunity to acquire a stylishly refurbished 4 bedroom villa with pool, garden and Tourist License, enjoying panoramic sea views from its ideal location in the peaceful area of Venta Lanuza.

Situated just a short tram ride away from the beautiful coastal town of El Campello with its blue flag sandy beach spanning 7km, delightful marina and the much-visited archeological site of La Illeta dels Banyets, is this extraordinary residence.

Only 30 minutes north of Alicante airport, with a bus stop offering a service to El Campello and tram service within walking distance, this magnificent private retreat also enjoys excellent road and transport connections. The N332 national road and AP7 motorway are within easy reach; marinas, golf courses just 15 minutes away.

This remarkable property is set on a large, elevated corner plot, and boasts sea views, total privacy throughout and a cove beach with crystal clear waters nearby. It has recently been refurbished to a very high standard making this fine, quality, spacious property, a rare find indeed.

Vehicular and pedestrian access are from the residential road to the house and via an automated gate.

On the ground floor is a spacious "L" shaped living and dining room (59m2), with working, feature wood burning fireplace. Large glazed-in, south-facing naya with an elevated ceiling, ideal for the winter months, separate state of the art kitchen with top quality kitchen appliances and kitchen island.

There are 2 double suites each with a walk-in shower and the master bedroom benefits from a walk-in wardrobe. A WC cloakroom is off the good-sized entrance hall and stairwell, and a utility room completes this floor.

On the first floor are 2 double bedrooms with built-in wardrobes and sea views. A full bathroom is between the bedrooms and a good-sized living room or work area with views of the mountains and gardens.

A private swimming pool with a large outside dining area with pergola and awning, is a great place to entertain family and friends. Terraces are all around the villa including pool terrace; nearly 200m2 of outside terraces in total.

There is a double enclosed garage, mature trees and Mediterranean shrubs and privacy in all areas of the plot of land, views of the sea, spacious living areas, recently renovated with a focus on excellence and comfort.

The property also possesses a tourist license for those wishing to make the most of the buoyant holiday rental market.

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Spain 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.