Refurbished 7 bedroom Villa for sale with sea view in Cala Vinyes, Mallorca

5,000,000 EUR 4,300,000 GBP 5,400,000 USD

Reference: 228864

Bedrooms: 7
Bathrooms: 6
Floor Size: 434 m2
Plot Size: 1,580 m2

Features

Hot Tub or Sauna
Air Conditioning
Fireplace
Possible Extra Dwellings
Potential for Income
Sea View
Private
Quiet Area
Parking
Good Condition

Details

Beautifully and recently totally refurbished and with direct sea access, this superb villa is ideally situated within a quiet area in Cala Vinyes.

With a modern, bright and open plan living area of 434m2, this lovely villa is situated in a highly sought after area with direct sea access through the beautiful 1,580m2 gardens.

The property itself is set over 3 levels. The main house on the 2nd and 3rd levels with 5 double bedrooms, 3 of which are en-suite, all with access to balconies, modern open plan living/dining area with a beautiful modern fitted kitchen. There is also a bar area, beautiful swimming pool and outside area.

The ground floor, which is dedicated to guests, has a further 2 en-suite bedrooms as well as a living and kitchen area.

Additional features: the main house has underfloor heating throughout, a feature fireplace and air conditioning. There is a state of the art sound system throughout which can be controlled in all rooms separately.

The guest space has gas/oil central heating and the house is also fitted with security alarms throughout.

Outside of the property you have a lot of space either to enjoy the stunning pool, take a stroll down to the sea, relax and soak up the sun or for entertaining guests as well as a brand new separate sauna room.

This property has space for around 5 cars to be parked off road.

Additional features: air conditioning, underfloor heating, alarm system, double glazed windows, fireplace and a laundry room.

Cala Vinyes (Badia de Palma) is a hugely desirable area in the south west and is only a short drive from the main links to Palma and the airport itself.

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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.