High Specification 8 bedroom Villa for sale in Son Vida, Mallorca

6,500,000 EUR 5,590,000 GBP 7,020,000 USD

Reference: 222078

Bedrooms: 8
Bathrooms: 9
Floor Size: 950 m2
Plot Size: 0.22 hectares / 0.54 acres

Features

Terrace
Golf Resort or Nearby
Air Conditioning
Elevator
Possible Extra Dwellings
Potential for Income
South Facing
Parking
Garage
Front Line
Good Condition

Details

Luxurious, modern and spacious villa, with a vast total living area of 950m2, ideally situated in a prestigious setting in the Son Vida area of Palma.

With a spectacular design and Son Vida golf course views, this superb villa comprises of, on the ground floor: entrance hall, spacious salon and dining rooms, TV room, fully fitted and equipped Gaggenau kitchen with wine cellar, 2 double bedrooms with en-suite bathrooms, guest WC, staff en-suite bedroom with private access, laundry and storage rooms.

1st floor includes: master suite with dressing room, private living room with bathroom and terrace and 2 further en-suite bedrooms.

Lower floor: 2 separate guest apartments with their own entrance and private terrace.

Outdoor area features: beautiful sophisticated garden with palm trees surrounding a salt water swimming pool, covered bar, summer kitchen and, unique in Mallorca, a private squash court.

The basement has the double garages leading straight into the house.

Additional features: this spacious and light-flooded property offers total privacy. Only the highest materials were used, combining natural elements and contemporary design. South facing, marble and oak floors, noble carpentry, central heating, air conditioning, Astra + Eutelsat TV, wifi high speed internet, Bose music system, alarm system and a lift.

This is a fantastic property for all year round living or as a holiday home.

This property is set on the front line of the Son Vida golf course. Son Vida is a residential area offering a 24h 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.

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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.