8 bedroom Villa for sale in Carretera de Istan, Istan, Andalucia

1,790,000 EUR 1,595,300 GBP 2,003,400 USD

Reference: 233214

Bedrooms: 8
Bathrooms: 6
Floor Size: 506 m2
Plot Size: 0.27 hectares / 0.68 acres

Features

Balcony
Terrace
Private Pool
Hot Tub or Sauna
Air Conditioning
Possible Extra Dwellings
Potential for Income
Mountain View
Parking
Good Condition

Details

Full of charm and elegance is this lavish 8 bedroom villa surrounded by over half an acre of lush gardens with pool and Jacuzzi, enjoying panoramic mountain views from its South-West facing location in Istan on the Golden Mile.

This country-style property of 506m2 is extremely private and surrounded by nature, yet within a very short drive to the Puente Romano Hotel, the beach and all shops, restaurants and amenities of the Golden Mile, as well as to Marbella Centre and Puerto Banus.

It has an open plan living and dining area, separate fully fitted kitchen with French doors leading out to a large terrace, private swimming pool with a Jacuzzi in a beautiful landscaped garden; a master suite, seven guest bedrooms; five of them with en-suite bathrooms. All of the bedrooms are very spacious.

Other features include marble floors, fitted wardrobes, storage room, and air conditioning.

An ideal property to run as a Boutique Hotel, B&B, restaurant or venue for events.

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Spain 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.