Modern 4 bedroom Villa for sale in Marratxi, Mallorca

1,620,000 EUR 1,393,200 GBP 1,749,600 USD

Reference: 241941

Bedrooms: 4
Bathrooms: 2
Floor Size: 302 m2
Plot Size: 523 m2

Features

Terrace
Private Pool
Air Conditioning
Fireplace
Parking
Garage
Good Condition

Details

This fantastic villa for sale in Marratxi was recently constructed to a high standard, with a private pool, garden and basement level.

Located in a peaceful residential area, it is perfect for families and lies within walking distance of the nearby shops and restaurants, plus it is only 10 minutes from the centre of Palma.

The villa has a generous built area of around 302m2 with modern interiors and an open plan layout on the ground floor. Here you will find an entrance hall, a contemporary style fitted kitchen with integrated appliances and island seating, a dining area and a living area with fireplace. This level also has a double bedroom and a bathroom.

The first floor has three further double bedrooms and a bathroom.

In addition, there is a basement level with a machine room, garage, and a spare room which would be ideal as an office or playroom.

The villa also has an easy to maintain landscaped garden, various terraces, and a private saltwater pool with sunbathing area.

Features of the villa include reverse air conditioning, underfloor heating, double glazing, built-in wardrobes, an alarm system and easy access to nearby schools, transportation links, and amenities.

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 minute 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.