Modern 5 bedroom Villa for sale in Es Migjorn Gran, Menorca
The property was built in 2008 to very high standards, in an avant-garde design carefully enhancing the natural light and magnitudes of interior space, using sliding doors that are integrated into the building to create fluidity and functionality, providing comfort and convenience in each room.
The lovely walled garden with fruit trees opens to the barbecue /party area.
There is a wine cellar, gym and a fifth bedroom or multifunctional room together with a shower room, and a large garage.
On the street level, a spacious hall wi...
The property was built in 2008 to very high standards, in an avant-garde design carefully enhancing the natural light and magnitudes of interior space, using sliding doors that are integrated into the building to create fluidity and functionality, providing comfort and convenience in each room.
The lovely walled garden with fruit trees opens to the barbecue /party area.
There is a wine cellar, gym and a fifth bedroom or multifunctional room together with a shower room, and a large garage.
On the street level, a spacious hall with its noble woods, discreet cabinets, and marble staircases, leads to the living room which opens with its quality double glazing sliding doors, on to the covered porch.
The kitchen ideally located next to the living room also has direct access to the terrace and garden. Its design is efficient and practical, with a pantry area. An interior patio separates the office from the guest bedroom and bathroom on this floor.
On the first floor the master suite with its two terraces, walk in wardrobe and two large private terraces, offers all the privacy needed. A family bathroom with Jacuzzi and sauna, and two more bedrooms finish this level.
The property is kept to a very high standard and it ready for you to move in NOW.
Es Migjorn is without doubt the youngest district in Menorca. Until 1989 it formed part of Es Mercadal but the strong feelings of identity of the population established it as an independent district. This vitality has always made it a place where the calm of its residents is infected with joy and hospitality due to the celebration of festivals and cultural events that transform a small village into a big family where everyone knows everyone else. The beaches of Santo Tomas and Binigaus are the jewels in the crown of the district. During the summer months the hotel complexes in the two urbanisations play host to hundreds of tourists each year.
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This Villa is located in Es Migjorn Gran in Balearic Islands
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Buying a Property in the Balearic Islands
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.