Reference250264
Price340,000 EUR
Bedrooms5
Bathrooms3
Floor Space210.0m2
Land Area3,000.0m2

5 bedroom House for sale with countryside view with Income Potential in Benamargosa, Andalucia

340,000 EUR
292,400 GBP363,800 USD
Wonderful opportunity to acquire a cluster of properties nestling in 3/4 acre of glorious land with mature gardens and pool, while enjoying far reaching countryside views from its peaceful location near Benamargosa.

This is a fascinating, original cortijo on the Southern banks of a pretty river valley, offering accommodation in 3 to 4 separate units.

Set on the Southern slopes of the Benamargosa river valley, just above the river bed, this totally unique property offers huge potential for anyone wishing to relocate to Southern Spain and start a small rural tourism business, or to have plenty of separate accommodation for relatives and friends.

The property is called Lo...
Wonderful opportunity to acquire a cluster of properties nestling in 3/4 acre of glorious land with mature gardens and pool, while enjoying far reaching countryside views from its peaceful location near Benamargosa.

This is a fascinating, original cortijo on the Southern banks of a pretty river valley, offering accommodation in 3 to 4 separate units.

Set on the Southern slopes of the Benamargosa river valley, just above the river bed, this totally unique property offers huge potential for anyone wishing to relocate to Southern Spain and start a small rural tourism business, or to have plenty of separate accommodation for relatives and friends.

The property is called Los Algarrobos (The Carob Trees) due to the number of extraordinarily ancient and leafy carob trees located here, offering plenty of natural shade, some well over 100 years old. There are two access/parking points.

The main access is up a short concrete drive, with parking for 2 cars. Access to the property here is via a walled entrance with a wrought iron gate, and a path leading up to the main pool terrace. Also available is a parking area by the river at the lower end of the property.

From the main access, steps lead downhill, towards the riverbed and lower end of the plot, first reaching a large lookout terrace which is the roof of the Lower House (34.5m2). From here is a beautiful view over the countryside and river valley, and a sense of total peace. There is a laundry room accessible from this terrace (6.5m2).

The Lower House: Steps continue down to the lower house, with a large open terrace/garden area to the front. The front door leads into the open plan living space, divided into living room with corner woodburner, and kitchen/diner with fully fitted kitchen. In the right hand rear corner, stairs lead up to the upper floor (there is a useful store cupboard on ground floor level under the stairs).

Upstairs there are three bedrooms, approximately 4.1 x 3.3m2, 3.3 x 3m2 and 3 x 2.1m2, and one of the bedrooms has patio doors to a look-out terrace. On this floor there is also a bathroom of 2 x 2.1m2 with a walk-in shower.

The Poolside House: Returning to the entrance of the house, a pretty path leads to the pool terrace with sunbathing area overlooking the views, and an 18m2 pool with walk-in 'Roman' steps. Beyond, is the Poolside House, with an attractive covered eating terrace to the front. The door leads into the rustic style living area with beamed ceiling, with the fully fitted kitchen to the right, and the living room with a wood burner and a wide, curtained archway to the left leading into the double bedroom with beamed, sloping ceiling, a double wardrobe and air conditioning.

Between the kitchen and living room areas are stairs leading down to the modern and very unusual bathroom with a large walk-in shower.

The House to Renovate: Adjoining the Poolside House, on the same level, but with an access door from the opposite side, nearer the walled entrance gate, is an additional area which could be a separate unit, or an access doorway could be made between the Poolside House living room to add more accommodation to the Poolside House. The door could be lockable, offering extra flexibility, depending on guest requirements.

The un renovated section needs no structural work and consists of three large rooms (approximately 5 x 3m, 2.3 x 5m and 3.5 x 3m) and could easily be converted into a 1 to 2 bedroom unit.

Steps lead from the poolside area to a terrace (12m2) which is located on top of the Poolside House and also over part of the un renovated house. This lovely terrace has a built-in seating area and an arbour. From here, the door leads into a modern-style living room with kitchen to the rear (21m2). A door to the rear leads to the bedroom (14m2) with sloping ceiling and air conditioning, and a wardrobe area, with a comfortable, modern en-suite bathroom with walk-in shower (5m2).

This delightful property offers plenty for anyone with the imagination and a desire to create a perfect little oasis of peace and tranquillity, surrounded by birdsong, in a totally unspoilt area of Andalusia.
Contact our Property Expert
Rebecca

Rebecca Ludlow

+34 951 247 006

UK Office: +44 (0)1935 817188

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This House is located in Benamargosa in Spain

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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.