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Villa El Mar, San Carlos, Ibiza

€100,000 Per Week

One of the most unique seaside properties in the Mediterranean.

This exclusive and secluded property is situated on a magnificent cliff with direct access to the open sea. The property is located adjacent to the bay of Cala Mastella and near to the picturesque village of San Carlos with it's charming farm and red country surroundings. Some of Ibiza's best secluded beaches are just a few minutes drive along a quiet coastal country road.

The Main Villa is located on a cliff overlooking a beautiful bay.

This classy traditional style Finca which has 4 en-suite bedrooms built on two level is overlooking the infinity pool and the open sea. Large windows maximize the full frontal sea view and the lush tropical garden view towards the back. The ground floor includes a large living room with an open fireplace and two en-suite bedrooms accessing the gardens and pool. Upstairs is a guest room and the large Master bedroom with a spacious terrace and balcony overlooking the infinity pool and the entire beautiful bay.

The Guest Villa offers a fantastic view of the sea and garden along the Coast and slightly higher up above a beautiful garden and flat seaside lawn stands the gracious guest villa "La Buena Vista". The idyllic sea views along the dramatic coastline are even more stunning from here.

This villa has a charming living room with fireplace, a dining room with an open kitchen, and two spacious en suite bedrooms with sliding glass doors access to the outside terraces.

From the front you can experience the most spectacular sunrises on Ibiza and from the back a lush view of the tropical garden with it's waterfalls. The Exotic Tropical Garden is a tranquil Oasis. The estate has magnificent gardens, cultivated over a long period of time. It is a unique collection of mature palms, enriched with varieties of luxuriant trees and plants, including an expanse of bamboo and cactus garden. There are two small lakes with waterfalls, a tea house in a fishing pond and wooden bridges crossing over rippling brooks streaming by tropical garden patios. From every angle within this wonderfully secluded estate, the tropical flora and fauna are extraordinary. The Swimming Deck offers private access to the bay and is rare feature on Ibiza. Walk down a rope secured coastal path, with solid stone stairs and arrive at your own private sunbathing and swimming dock. Ideal for dipping in the blue bay, canoe trips and other water sports. This is the ultimate luxury in the Mediterranean, direct boat access from your own private property.

For those who don't want to swim in the sea there are two pools; the infinity pool next to the main house and an "Olympic Pool" with 40 meter lanes. You can also play tennis on an artificial grass court.

Direct sea access to secluded cove from which you can enjoy " Use of Mastercraft CX220 " Speedboat (with House Captain) " Handheld diving jets " Waterskiing / Wakeboarding " Snorkeling " Canoeing " Windsurfing " Fishing " Spearfishing

Enjoy the property

" Par 3 Golf Hole and Expert Short Game Training Course " Sea View Infinity Pool " 40m Olympic lap pool in gardens " Tennis court " Fully equipped gym with 20 Cybex Machines " Far Infrared sauna " 40,000 m2 of tropical gardens, waterfalls, ponds with Koi fish and ducks " Over 1,000 palm trees and exotic fauna " All spectacularly lit by over 1,000 outdoor new energy efficient lights

For weekly rentals, includes all of the following: " Main house and two guest houses, 8 bedrooms, over 1500 m2 of buildings on over 40,000 m2 of sea side property on a spectacular cliff top with direct sea access " 4 full time hospitality staff and full concierge service " chef, concierge, butler, hostess -- and all housekeeping services " 2 Mercedes vans with drivers " Jeep Wrangler for personal use " All gourmet meals, drinks, wine and spirits " Front-Line VIP table booking at all clubs

Entertain yourselves with: " Cinema with 3D HD projector " Games room with 9' Brunswick pool table, table tennis, and foosball " Wine cellar, bar, DJ booth / equipment and lounge " Main pool terrace bar & outdoor lounge " Afternoon Pool (Olympic Lap) and pool bar " Master Suite Jacuzzi terrace " Olympic Jacuzzi

Available upon request " Full Range of massages and spa services " Tennis lessons " Personal trainers Yoga, Pilates " Golf lessons " Swimming lessons - kids and adults " Scuba diving " DJ lessons " Go-Karting on private track " Private football pitch " Horseback riding " Shows (private concerts, fireshows) " Nanny service " Yacht charter

BUYING IN THE BALEARICS

As you would expect, the islands come under the same broad scope of law as Spain when it comes to buying property on the islands.

However , the Balearic Government also has its own authority, including making policy decisions over issues such as tourist taxes and the licensing regime governing areas including holiday lets.

As you would expect, Spain has a well-established mechanism for buying property.

  • If you’re an EU citizen, buying is straightforward. If you are not, check whether certain restrictions apply to you (such as the time you can spend in Spain).
  • All property transactions in Spain are overseen by a Notary. He/she is there to validate the paperwork, check all necessary taxes are paid and register the property with the Spanish Land Registry. However, it is not the Notary’s role to give you legal advice or represent you.
  • Appoint a fully independent lawyer who speaks your language as well as Spanish, and who has no connection to the selling parties. The local town hall, the nearest British Embassy or online research can help you find one. Your lawyer will check that you are buying from the legal owner; whether there are existing mortgages on the property; if it complies with building regulations; and if there are developments that might affect you.
COSTS

In addition to the purchase price, buyers should allow a further 10-15% for additional fees and taxes. These may include:

  • Your proportion of the Notary’s fees, according to a tariff set by law. Allow for a sum of 0.5% – 1% of the price declared in the deeds.
  • The fees of your ‘abogado’ (your own lawyer). These will depend on the complexity of the purchase, but €1500 - €3000 is a guide figure. 
  • The Land Registry fee of around 1% of the sale value.

 

A local capital gains tax, reflecting the gain in value of the property when it is sold, is paid by the seller. However, if that seller is non-resident in Spain and fails to pay it, be aware that the burden can fall on you as the buyer.

ONGOING COSTS

Routine costs and charges of owning a property in the Balearic Islands include:

  • A property ownership tax (the ImpuestoSobreBienesInmuebles (IBI)). This local tax is charged at between 0.4% and 1.1% of the valorcatastral. The good news is that this is based on the administrative value of the property, which is frequently lower than the market value.
  • A wealth tax. For non-residents, there is a tax to pay on assets you own in the country. This starts above a threshold of €700,000 per person.
  • Personal Income tax. If you’re a non-resident and you don’t receive rental or any other income in Spain, you pay one-quarter of the 2% of the valorcatastral. If you are a landlord, allow a tax bill of about 25% of the gross income.

If and when you come to sell, Capital Gains Tax (Impuesto de Plusvalia) will apply. At the time of writing, this stood at 19%.

Please note: This article reflects Aylesford’s current understanding of property legislation in Spain and the Balearic Islands. It is offered for general guidance only; specialist legal and tax advice should always be taken for any property transaction.

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