5 bedroom House for sale with countryside view with Income Potential in Relleu, Valencia
Surrounded by stunning mountain ranges and offering postcard-worthy views of the countryside and a 10th century castle, this exceptional estate combines rich history, tranquility, and a unique opportunity for development.
Centred around the magnificent main house, a beautifully restored 19th century former olive mill, the property also includes two additional plots with small ruins, ideal for dev...
Surrounded by stunning mountain ranges and offering postcard-worthy views of the countryside and a 10th century castle, this exceptional estate combines rich history, tranquility, and a unique opportunity for development.
Centred around the magnificent main house, a beautifully restored 19th century former olive mill, the property also includes two additional plots with small ruins, ideal for development. Together, these four properties create a truly unique offering, with the two additional plots not only enhancing the estate but also ensuring that the breathtaking views of the main house remain unobstructed.
This restored 19th century olive mill boasts 460 m2 of living space on a beautifully landscaped plot over five times its size. It offers a unique blend of character, history, and comfort with features such as original olive mill equipment, vaulted ceilings, Andalusian tiles, and exposed beams. The home is spread across three floors:
A spacious open plan living area of over 45 m2 with high ceilings, a living room, library, and dining area are on the main floor with direct access to the terrace/loggia, a study, and a guest WC.
On the upper floor are three double bedrooms with valley views, two with en-suite bathrooms, plus two additional double bedrooms and an extra bathroom.
The heart of the home is on the lower floor, dominated by the original olive mill, and includes a large dining area for up to 14 people, a spacious kitchen with a breakfast area, and direct access to the grounds and the 4 x 10m infinity pool.
This estate enjoys western exposure, bathing the terrace and pool area in sunlight from noon until sunset.
Two plots located directly in front of the main house feature small ruins, providing a unique development opportunity. These plots offer the potential to create additional living spaces, guest houses, or rental properties, all while protecting the panoramic views from the main estate. The current owners envision these plots as an ideal extension of the property, perfect for those looking to invest in further development or maintain the estate's privacy and expansive feel.
Adjacent to the main estate is a carefully restored traditional village house, offering a charming contrast to the larger property. This house has been lovingly renovated and retains its original character, with barrel ceilings, Andalusian tiles, and exposed stone walls. With a tourist license already in place, this home is ideal for family use or as a rental property:
On the ground floor is an open-plan living and dining area with a cosy wood stove, a fully equipped kitchen, one double bedroom, and a guest bathroom.
Two double bedrooms, two bathrooms, and a study with access to a balcony offering scenic countryside views, is on the first floor.
On the second floor is a self-contained apartment with a comfortable living room, a wood stove, two double bedrooms, a bathroom, and a fully equipped kitchen.
This home is perfect for families or investors looking for a rental property in one of the most scenic villages in the region.
This estate presents a rare chance to acquire not only a magnificent historical property but also the potential to expand and protect its surroundings. Whether you seek a large family residence, a development project, or a combination of both, this estate in Relleu offers character, space, and opportunity in a stunning natural setting.
covered terracefitted wardrobesprivate terracestorage roomutility roomen-suite bathroomdouble glazing.
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This House is located in Relleu 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.