Immaculate 5 bedroom Villa for sale with sea view in Portals Nous, Mallorca

6,495,000 EUR 5,585,700 GBP 7,014,600 USD

Reference: 240621

Bedrooms: 5
Bathrooms: 4
Floor Size: 543 m2
Plot Size: 953 m2

Features

Terrace
Gym
Hot Tub or Sauna
Potential for Income
Sea View
Quiet Area
Parking
Garage
Good Condition

Details

Beautifully presented throughout, this superb bright and spacious 5 bedroom villa, which has excellent rental potential, is ideally situated in a quiet and peaceful residential area in Portals Nous, set on an elevated, private and not overlooked corner plot of around 953m2 with a swimming pool and stunning sea views, yet within walking distance from all amenities including the beach.

Tastefully decorated and built using top quality materials throughout, this lovely villa boasts large windows which permit and abundance of natural light as well as fabulous sea views.

Ground floor: entrance hall, 2 bedrooms, bathroom and an open plan area with high ceilings which contains the modern fitted kitchen, dining area and living room with direct access to the terrace.

First floor: 3 double bedrooms with en-suite bathrooms and a covered terrace with views of the bay.

Outside: spacious terraces for alfresco dining, covered spa area with a Jacuzzi and sauna which can be used year-round, swimming pool with a sunbathing area and a children's play area.

In addition, there is a gym, a Sonos music system, storage space, a garage with parking for 2 cars and a valuable holiday rental license which would generate a good income, especially in the popular area of Portals Nous in the south-west of Mallorca.

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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.