5 bedroom House for sale with sea view with Income Potential in Coveta Fuma, El Campello, Valencia
This magnificent property spanning over 270m2 and set on a very private plot of more than three and a half times its size, is in very close proximity to the sandy cove Cala de Moro Blanc and a short drive to both the colourful, picturesque fishing village of Villajoyosa to the North and the beautiful coastal town of
El Campello to the South.
Access is via a wrought iron gate through to a driveway from the residential ro...
This magnificent property spanning over 270m2 and set on a very private plot of more than three and a half times its size, is in very close proximity to the sandy cove Cala de Moro Blanc and a short drive to both the colourful, picturesque fishing village of Villajoyosa to the North and the beautiful coastal town of
El Campello to the South.
Access is via a wrought iron gate through to a driveway from the residential road in Coveta Fuma. This private villa is set in a corner plot and blends into the picturesque Mediterranean landscape which surrounds the property. Added to this the villa's spacious interiors, impressive accommodation, terrace and mature gardens, impeccable condition and quality construction make it a rare find indeed.
On the main floorm is a spacious living and dining room measuring a total of 47m2 with feature staircase and double ceiling between the living room and dining area, giving a sense of ample space and volume. The large independent kitchen is fully equipped with a terrace/laundry area and pantry just off it.
There are 3 double bedrooms with wardrobes, 2 full bathrooms and one guest WC just off the hallway. In between the living and dining room and the Master bedroom is a very private 43m2 open terrace with views of the sea and the surrounding trees.
On the top floor is a double bedroom in a mezzanine accessed from the main floor with excellent views of the sea.
A garage, store room and games room are on the lower floor.
Within the grounds is a terrace, 30m2 barbecue area and driveway with parking for several cars. There is room for the construction of a swimming pool.
Ideal for a medium to large family or those who would like a good-sized home or who wish to make the most of the lucrative holiday rental market with the benefit of having a tourist license.
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This House is located in El Campello in Spain
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Buying a Property in Spain
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.