FOR SALE: 250 YEAR-OLD SPAN­ISH PROP­ERTY

CON­VERTED TO APART-HO­TEL WITH 6 VERY LARGE APART­MENTS PLUS DE­TACHED BUN­GA­LOW BUILT MAY 14

GT (UK) - - HOLIDAYS -

With a gross yield of be­tween £280,000 to £360,000) ex­pected within ap­prox­i­mately 3 years. An ex­cel­lent busi­ness op­por­tu­nity and in­vest­ment prop­erty.

This charm­ing 250 year old prop­erty with spec­tac­u­lar moun­tain views, nes­tled within a tran­quil set­ting is steeped in his­tory, full of char­ac­ter with orig­i­nal beamed ceil­ings, orig­i­nal fea­tures and a quirky lay­out. Six apart­ments to­talling 42 rooms, in­clud­ing 12 en-suites, sleeps 32 per­sons plus 2-bed­room de­tached owner’s bun­ga­low. The com­plex has a 3.5 me­tre wall sur­round­ing the pa­tio, communal 12x4m swim­ming pool and large ter­rac­ing af­ford­ing com­plete pri­vacy. The prop­erty is on level ground and has di­rect road ac­cess.

Each apart­ment has been com­pleted to a high stan­dard, all newly rewired, satel­lite TV, WIFI with pri­vate ter­races. Two apart­ments have oil-fired cen­tral heat­ing. Low main­te­nance gar­dens, minigolf course and boules pitch. The sale in­cludes all fur­nish­ings and white goods.

Ide­ally suited for other po­ten­tial sources of in­come e.g. pool bar, longer term let­ting, op­tions for the cor­po­rate sec­tor, team build­ing weeks etc.

Sit­u­ated a few min­utes drive from the town of Velez Ru­bio, the prop­erty is within 5 min­utes of the mo­tor­way and has easy ac­cess to Costa Blanca and Costa Alme­ria beaches.

Lo­cal ameni­ties in­clude schools, banks, shops, su­per­mar­kets, a large mod­ern med­i­cal cen­tre, nu­mer­ous bars and restau­rants, gym­na­sium/health club and weekly lo­cal mar­ket. Within the lo­cal area are his­toric build­ings, caves, aqua­park, and the Baza Lakes. The vil­lage of Maria, the Sierra María-Los Veléz Nat­u­ral Park con­ser­va­tion area, and the his­toric town of Velez Blanco with its im­pres­sive cas­tle are close by. Puerto Lum­br­eras is a 15 minute drive, the large town of Lorca or the Costa Blanca re­sort of Aguilas are within 35 min­utes. Great days out to Granada, where you can ex­plore the Al­ham­bra, a mul­ti­tude of his­toric build­ings and mu­se­ums or visit the an­cient hill-top town of Mojacar. Air­ports: Ali­cante 1hr 40mins, Alme­ria 1hr 15mins, Mur­cia 1hr.

Re­cent val­u­a­tion £680,000. Own­ers pre­pared to de­lay com­ple­tion if nec­es­sary and ini­ti­ate two top-end pro­mo­tional web­sites to new owner’s spec­i­fi­ca­tion. Visit web­site for full in­for­ma­tion and pho­tos or con­tact di­rect.

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