La Mola Property
Properties in La Mola, Formentera, Balearic Islands, Spain
La Mola Property
La Mola Property Sales and Rentals - La Mola Property for Sale.
There is a large choice of property for sale and rent in the La Mola district, from new or "off plan" around to pre-owned or "re-sale" property. The selection of La Mola properties in each type can be divided still further to apartments, townhouses, semis or terraces, villas (pre built or built to your specifications) or also fincas (old farm houses) & ruins (renovation projects for the bold). If you don't know the La Mola region, advice and caution should be taken about the type of place that you want to live in or holiday. A nice place to live is not necessarily a nice place for a holiday home and vice versa. If the property is to be rented out as a weekend home in La Mola, tourists may set more substance on other facilities, eg. proximity to bars, shops, pools, fine restaurants, beaches, golf clubs and other sports. If you are planning to live permanently in your La Mola property, a different set of values may be important, work, schools, noise from bars. Cheaper La Mola property will tend to be available in the cheaper areas of La Mola, would you want to live or holiday there?
La Mola Property Information
You would be well advised to take heed of the local experts, a good local real estate agent will not only show you around the property, but also show you round the local area, if needed. There will be many questions you should ask purchasing in the La Mola region, including maybe, what are the community fees, the future building plans in the local area etc. write a list beforehand, so you don't forget.
With new La Mola property, you will almost certainly need a good real estate agent, the task of negotiating with local spanish builders should not be attempted, except for the very brave or foolhardy. New build (off plan) property can certainly offer bargain prices, but you will have to wait for it to be built, typically from 18 months to 2 years. Even then, you may still be living on a building site for a few years more, making rentals extremely hard or even impossible. Resale property in La Mola could give you the alternative of buying very quickly, sometimes it can be arranged in days, but mainly in weeks and of course, what you can see the actual finished product. Using the search button, allows you to see some of the latest property in La Mola. Also try a look at some of the property in the small towns nearby, the place names might not be known to you, but there could be a bargain or two there. Most of the real estate agents in La Mola, have loads more property on their books than ever get added on this web site (real bargains will often sell in days), so it is usually worth contacting them to see if they have any properties that fit your requirements. For La Mola property rentals use the rental search button to find holiday and long term property. Commercial property that is up for sale (shops, bars, restaurants etc) in La Mola is listed also.
For a La Mola property guide, scroll down to view some of the property that has been listed on this site.
The holiday resort of La Mola is also known as El Pilar. Simply click on the below "Search" or "Advertise" button to browse the properties available in the island of La Mola .
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There is also many resale properties advertised (these are properties that are not new).
Legalities/Mortgages:
We can assist you find a mortgage that fits your personal requirements. When you purchase a property you pay 7% of the property value, this is called IVA Tax (VAT), Legal Fees are approximately 3% of the property value. The Legal fees are split between the Solicitor, the Town Hall (to register your property), and the Notary (a cross between a judge and a magistrate, independent to both parties there to ensure that everything is above board). Notary's also draw up wills, it is advised that you get a Spanish Will when purchasing a property in Spain because if you pass away without one the property will be repossessed by the Government. The reason being the cost of finding overseas next of kin are high. Please note that laws and practices can be different in regions of Spain.
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La Mola Property
Properties in La Mola, Formentera, Balearic Islands, Spain