Rare Opportunity 2 villas one title deed Outbuildings 750,000€
San Pablo de Buceite Converted Watermill
One 4 bed house to reform. One in immaculate condition. 4 bed 4 bath – all ensuites. Privileged riverside location. This reformed property is on the same plot of land as the 4 bed property which needs light reforms. There are extensive grounds, air conditioning, underfloor heating, wood burner and a plunge pool. There are solar panels for electricity and a great chance to improve the second house as a project and then run as accommodation for holiday makers. Total build approx 500 m2 not including the storage building. Set on a plot of 26,000 m2.
Privileged Riverside Location
On the west bank of the Guadiaro River, this property has its own private beach. The property is located 3 km from the village of San Pablo de Buceite. The first 1.5 km the road is tarmacked, the last 1.5 km is a dirt track where a four wheel drive is not essential but recommended. The location cannot be overstated. It is so peaceful apart from the sound of the river flowing and the birds chirping. Truly special. The garden benefits from incredibly fecund soil. Everything grows on this alluvial plain even if you don’t consider yourself a particularly green fingered gardener.
Once there you realise you are in a secluded paradise where you can watch birds on their migratory route and where you feel you have been invited to share nature with the flora and the birds you can switch off from the rest of the world yet be close enough to all amenities. The nearest shops, health centre, chemists, post office and restaurants are just 3 km away.
The fully refurbished 4 bed 4 bath property has air conditioning throughout, solar panels for most of the electricity needs and hot water and all the trappings of 21st Century living. In addition, there is underfloor heating throughout the whole house and an efficient wood burning stove for winter months. There is good WIFI and an abundance of fruit and vegetables in the garden to enjoy.
Detached Property and Pool
An extra bonus is the detached property next door. There are two bedrooms and one en-suite and one bathroom on the top floor, current owners are also in the middle of developing two bedrooms and separate bathrooms downstairs. One of the downstairs bedrooms has it’s own entrance so could be a stand-alone apartment. Once this second property is reformed you can split the title deeds or run a bed and breakfast for holidaymakers to bring in some extra cash. The previous owners used to live in this second property. The current owners reformed the water mill. Outstanding opportunity.
Title Deeds in Perfect Order
The current owner took out a mortgage for this purchase. It may be possible to subrogate this with the current terms -it has about 6 years to run. It is also evidence that it is possible to get a mortgage if you were seeking one.
The estate of a total of 3 properties is for sale for 750,000 €. It is in an unparalleled location at the foot of the Los Alcornocales Park on the riverside.
Don’t let this one pass.
TMT SPAIN is the exclusive agency for this estate but happy to work with other agencies and of course the clients buying do not pay commissions.