5 bedroom House for sale with sea view in Competa, Andalucia

535,000 EUR 460,100 GBP 577,800 USD

Reference: 225168

Bedrooms: 5
Bathrooms: 5
Floor Size: 247 m2
Plot Size: 2.33 hectares / 5.77 acres

Features

Good Condition
Balcony
Terrace
Fruit Trees
Possible Extra Dwellings
Potential for Income
Sea View
South Facing
Private
Parking
Garage
Walk to Beach
Turnkey

Details

Nestling in nearly 6 acres of glorious land, enjoying panoramic sea views is this charming South facing 5 bedroom fully furnished B & B property with pool, located near the beach and all amenities in Competa.

This up-and-running business has excellent reviews.

There is a country lane, part dirt track, to reach it and the land is mostly undulating, with some good, useable areas, and plenty of space for extra planting, growing vegetables or keeping a few animals. It is partially planted with trees, including fruit trees and ornamental plants.

Located at the Southern side of the complex, the main house consists of a spacious open plan area on the ground floor, made up of a modern, open plan kitchen, large dining area, and a living room area. Stairs lead up to a large bedroom with an en-suite bathroom and a terrace overlooking the sea, to the South.

This permits the owners of the business to have their own space, whilst the dining room can be used for breakfasts and guest dinners, whenever it is more appropriate to eat inside.

From the house is a large terrace, where outside refrigerators are stored for serving drinks, and a barbecue area, plus a large side terrace with covering, and sea views, ideal for entertaining the guests or outside dining. From here, there is a pool terrace, with plenty of space for sunbathing and relaxing.

From this area is access to the four guest bedrooms. Each bedroom has its own access onto the main terrace. All four bedrooms are large double rooms, exquisitely styled and furnished to enhance the guests' experience of this beautiful place and adding to the atmosphere of relaxation and calm that represents what this beautiful place is about. Each room has a double bed and en-suite shower room.

Below the terrace level is a large garage and store area which has the potential for further development, perhaps adding one, or two more rooms, or a self contained apartment. This space might also be used to create a guest kitchen/dining/living room, that is separate from the main house.

It is a very beautiful property with a very successful rental history, ready to be taken over and immediately be up and running. Also included is the
B and B website and a there is a car, labelled with the details of the business, open to negotiation.

Competa is a beautiful mountain village, larger than most with plenty of excellent facilities and very popular with the tourists, and yet this property is close, but away from everything.

Show Map

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.