High Specification 5 bedroom Villa for sale with countryside view in Algaida, Mallorca

2,450,000 EUR 2,107,000 GBP 2,646,000 USD

Reference: 238549

Bedrooms: 5
Bathrooms: 4
Floor Size: 412 m2
Plot Size: 3.9 hectares / 9.64 acres

Features

Terrace
Woodland
Fruit Trees
Vineyard or Wine Making
Hot Tub or Sauna
Air Conditioning
Fireplace
Countryside View
Private
Quiet Area
Parking
Good Condition

Details

Stunning 5 bedroom stone built country estate, ideally situated in a quiet countryside setting in Algaida.

Built to a very high standard, yet full of character and charm of yesteryear, this superb home is set within its own private woodland, extensive grounds, and the possibility of establishing a wonderful vineyard.

The house is situated on a large plot of 39,003m2 and has a total living area of 412m2, which is distributed over 2 bright and spacious floors.

Ground floor: designer chef's kitchen with direct access to the terraces, bright and spacious open plan living area with a fireplace, double patio doors and a large dining area with outdoor access. Luxurious master bedroom with an en-suite bathroom, Jacuzzi bath and a large dressing room. In addition, there is a downstairs cloakroom with a WC and washbasin, a laundry room and an extra guest WC which serves the swimming pool area.

First floor: 4 bedrooms and 2 bathrooms on the bright mezzanine level which offers lovely views of the countryside. 2 bedrooms and a bathroom are located on each side.

Outside: lovely area for alfresco dining, heated swimming pool, landscaped gardens with an automatic irrigation system and private woodland.

Other features include: underfloor heating and Daikin air conditioning throughout, an integrated vacuum system, a full security system including exterior cameras, high speed internet connection, a sweeping driveway with ample parking and extensive land for planting vines.

Algaida is a quintessential Mallorcan town in the centre of the island. A cluster of Medieval streets built around the central plaza, it's one of the best places to experience the old charm of the island and sample of it's more rustic and traditional delicacies. Set amongst the soft plains of the island, it's an ideal place for hikers, cyclists and lovers of the outdoors.

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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.