Refurbished 5 bedroom Villa for sale with sea view in Son Vida, Mallorca

3,950,000 EUR 3,397,000 GBP 4,266,000 USD

Reference: 229892

Bedrooms: 5
Bathrooms: 5
Floor Size: 662 m2
Plot Size: 0.24 hectares / 0.6 acres

Features

Terrace
Golf Resort or Nearby
Air Conditioning
Possible Extra Dwellings
Potential for Income
Sea View
Private
Parking
Good Condition

Details

Magnificent and totally refurbished 5 bedroom family home, which is ideally situated next to Son Vida golf course, which is one of the most sought-after residential areas of Palma de Mallorca.

With a vast total living area of 662m2 and set on a large plot of 2,432m2 with stunning unobstructed views of the golf course and surrounding nature.

Ground floor: spacious entrance hall, 80m2 living/dining room with high classical ceilings and very high quality marble flooring, new fitted and equipped kitchen, guest WC and a very private master suite with spa area, bath and shower, walk-in wardrobe and high-quality coffered wooden flooring.

First floor: 4 bedrooms, some with en-suite bathrooms, another living room, library and a billiards room. This floor also offers the possibility of a fully independent guest apartment with 2 bedrooms, 2 bathrooms, walk-in wardrobe, salon and kitchen.

The stunning outdoor area includes a large swimming pool, several terrace areas and a lush garden with Mediterranean plants.

Additional features: reversible air conditioning, parking area and an alarm system.

Son Vida is a residential area offering a 24 hour security service located very close to the centre of Palma and is one of the most sought-after and exclusive locations in Mallorca. It sits in an elevated position allowing amazing views of the surrounding mountains, countryside and Bay of Palma.

This is a beautiful property to enjoy life in 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.