villa for sale Santa Cruz, Santa Cruz

Three bedroom house located in the country side of Santa Cruz.If you´re looking for green pastures, privacy.. look no further.Located in a quiet, residential area. The well presented house offers family friendly accommodation. With spacious bedrooms and a generous lounge with fireplace.Hearing throughout the house. To the first floor is a generous landing space leading off into three bedrooms and family bathroom. One bedroom is a master suite with private bathroom and closet section. Extra room which is currently an office.Huge balcony in the master suite. Built in closets in all the bedrooms. Low ceiling lights for a warm cosy effect. Laundry room.Gardens and huge greenhouse.Barbeque and entertainment section on the lower floor. Fancy a walk in the forest. Just step outside..There are some wonderful countryside walks on your door step for those that love the outdoor lifeAdditional outbuildings include two warehouses which are not included in this particular purchase price but are currently being rented for income. Warehouse 1 - 120m2 - (please use the form to respond ) Warehouse 2 - 770m2 - (please use the form to respond ) Mortgages - Non ResidentsThe Bank will verify if the applicant is in a financial position to be able to meet the conditions of the loan which will be based on ""affordability"".If an applicant is self-employed, an application must be accompanied by audited accounts for the previous three years together with the current years management or unaudited accounts, satisfactorily certified by an accountant acceptable to the Bank, together with three years tax returns.The Bank will usually consider lending up to 65% of the valuation of the property, or purchase price whichever is lower.SecurityThe security will be either a mortgage over the property or if the property is owned by a company (which the Bank requires to be managed by a specialist management company from its approved list) the Bank will require a charge over the shares of the company along with a mortgage registered on the property. The Bank will recommend an assignment over a suitable life policy.It will also be a condition of the loan that the property is insured for its full replacement value and the Banks interest noted thereon.Valuation of propertyApproval of any loan application will depend upon the Banks valuers providing a favourable report on the property, the cost of which will be borne by the applicant.ProcedureOnce an application has been approved by the Bank and the terms and conditions have been offered and accepted, all legal documents will be prepared by the Banks lawyers with all legal fees to be borne by the applicant.ABOUT PRIME PROPERTIES MADEIRA REAL ESTATE Discover the perfect home for you in Madeira, Portugal today! Prime Properties Madeira Real Estate is a local, well-established, licensed, real estate agency providing a complete service to international buyers looking to invest in Madeira, Portugal whether for holiday homes or permanent living residence. Our properties include villas, houses, quintas, apartments, land and commercial properties. We also offer a PROPERTY FINDING SERVICE, working with a few select real estate agencies in Madeira to deliver a personalised service through the entire purchase process from viewings, negotiation, legal expertise, mortgages, relocation etc. We pride ourselves on working together to European standards of honesty, integrity and transparency. We provide excellent after sales service. - REF: 257