Immaculate 4 bedroom Villa for sale with countryside view in Es Mercadal, Menorca
Upon entering, there is a large hall that leads to a beautiful living room and a dining room with lots of natural light, all in the same open space, and a good size independent fitted kitchen with access to the terrace, that leads to the laundry room.
The living room leads to a spacious bedroom with an en-suite bathroom and views of the pool and countryside, and there is another bathroom with access from the hall. Both the living/dining room, the kitchen and the bedroom have access to the terrace and the large outdoor area with its beautiful terraces and large pool, a space that offers a multitude of possibilities to adapt to the needs of each one.
On the first floor there are three double bedrooms with en-suite bathrooms and beautiful views of the countryside, two of them with access to a terrace. All rooms are very bright and have air conditioning with individual thermostats and fitted wardrobes.
It has a garage for two cars and a large basement with access from the outside, a very versatile space.
The house has underfloor heating as well as ducted air conditioning, it also has solar panels installed. There is an elevator that connects the two floors. This is an exceptional property, perfectly cared for, perfect to create a new home.
The district of Es Mercadal, the nerve centre of which is the town of the same name, extends for 134m2 kilometres and borders the East with Alaior, to the South with Es Migjorn Gran and to the West with Ferreries.
Due to its situation as a crossroads, it has become an obligatory spot to stop at, offering a varied choice of renowned fine food. On the outskirts of the town is Monte Toro, the highest point of the island, a mountain of Menorca that provides some spectacular views around it.
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This Villa is located in Es Mercadal 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.