3 bedroom House for sale with Income Potential in Vinuela, Andalucia
Located on an elevated hillside with easy access, above a small hamlet of houses and within an easy 20 minute drive of the beach and 15 minutes to the historic town of Velez-Malaga.
The area is peaceful and surrounded by orchards and nature.
The property is divided into three sections:
The main house is on three floors, with access from the ground on all levels.
At the top level, a front door from the country lane leads into a comfortable, cosy living/dining/kitchen space (8 x 3m) with a beautiful, fully fitted ki...
Located on an elevated hillside with easy access, above a small hamlet of houses and within an easy 20 minute drive of the beach and 15 minutes to the historic town of Velez-Malaga.
The area is peaceful and surrounded by orchards and nature.
The property is divided into three sections:
The main house is on three floors, with access from the ground on all levels.
At the top level, a front door from the country lane leads into a comfortable, cosy living/dining/kitchen space (8 x 3m) with a beautiful, fully fitted kitchen with modern appliances. Just off the kitchen is a modern shower room (4m2), as well as a door leading out to the dining terrace, a delightful space which can also be accessed via the country lane, and which overlooks the pool and beautiful views.
A few steps from this terrace lead down to the pool terrace, ideal for relaxing, reading etc. , after a cool dip in the water.
The pool is around 2.5 x 1.5m, perfect for keeping cool and enjoying the magnificent views from the water.
From this terrace is a door to a bedroom on the middle floor.
From the living room, doors lead out to another terrace, this one is covered, with further space for eating, relaxing, enjoying an afternoon siesta, or entertaining, again with the panoramic views over the countryside and the valley.
From the covered terrace, a door takes us to steps leading down to the middle level.
Here there is a short corridor leading to three bedrooms, (3.5 x 3m, 3 x 3m and 4 x 3m), a family bathroom (3 x 2.5m) and one of the three bedrooms has an en-suite shower room (2 x 2m) plus double patio doors to a balcony overlooking the pool and views, and another has a door to the pool terrace.
Steps lead down from this level to the lower level with another living room (4 x 3m excluding stairs), which could also easily be used as a fourth bedroom, with doors out to a lovely shaded terrace with a pergola roof with cane covering.
This lovely terrace also joins to the pool area on one side, as well as an area of land that could be made into beautiful gardens.
On the other side is access to the casita. There is also a useful lockable store room.
The land is located to one side, and consists of an extra 425m2, consisting of a flat area with a ruined house and a partly steep area beyond the ruin.
These areas could be made into beautiful gardens, with flowering plants and fruit trees, as required. 161m2 of this land is categorised as urban and there is the potential to build on this area, pending discussions with the local authorities and permissions.
The casita is a separate cottage attached to the main house on the other side. This is already very attractive on the outside, and inside offers an open space for development, consisting of a room of 6 x 5m with windows. This would make an excellent one bedroom apartment, or could be converted into a studio for yoga, exercise, classes, painting, or as an office.
It is easy to access this casita via a short path up the hill to the country land above, meaning that one does not have to access it via the rest of the property.
This unusual country house would be ideal as a holiday home and to let to tourists (it has a tourist licence and a cleaning and maintenance team in place), but would equally work well as a permanent home, and especially for anyone who wished to create extra gardens from scratch.
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This House is located in Vinuela in Spain
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Buying a Property in Spain
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.