5 bedroom Villa for sale with countryside and sea views with Income Potential in Alhaurin de la Torre, Andalucia
Alhaurin de la Torre.
With incredible views down the valley to the coast of Malaga and the sea, this impressive, detached property can be used as either a spacious family home or has the possibility of being a high-end B&B business.
The villa is currently divided into 3 separate living areas comprising 2 living rooms, 4 bedrooms, 3 kitchens, 3 bathrooms and a WC / cloakroom.
The entrance to the main house on the top floor of the villa is at street level and leads into a spacious hallway. From here is a substantial living room wi...
Alhaurin de la Torre.
With incredible views down the valley to the coast of Malaga and the sea, this impressive, detached property can be used as either a spacious family home or has the possibility of being a high-end B&B business.
The villa is currently divided into 3 separate living areas comprising 2 living rooms, 4 bedrooms, 3 kitchens, 3 bathrooms and a WC / cloakroom.
The entrance to the main house on the top floor of the villa is at street level and leads into a spacious hallway. From here is a substantial living room with log burner fire, where double patio doors lead out to a terrace with incredible views to the sea and the nearby forested hills. Leading off the hallway is a good size modern fitted kitchen with a utility/storage room, 3 double bedrooms with fitted wardrobes (master en-suite), and a guest bathroom.
Stairs lead down from the top floor to the 2 apartments.
Apartment 1 has a kitchenette, shower room, 2 rooms both of which have access to the terrace and pool area.
Apartment 2 is a large studio with double door access to the terrace and pool, a good-sized fitted kitchen, and a bathroom. There is plenty of room to have a designated sleeping area and living-dining area or even build a wall to create an independent bedroom.
A pathway leads from the patio down to the swimming pool area with lots of space for sunbeds, a barbecue or even a bar and summer kitchen. From here is a gateway down to a large plot of land that also has access from another road to the rear of the property. From the street there are electric gates to the parking area.
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This Villa is located in Alhaurin de la Torre 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.