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Andalucian Finca With Owner Accommodation And Rental Income For Sale

Lubrin, Almeria
Asking Price:
€450,000 Furniture / Fixtures included
Turnover:
Under €100K
Net Profit:
Under €50K

Located on a 2 acre finca on the outskirts of authentic Spanish mountain village of Lubrin, overlooking Mojacar on the Costa del Almeria.

2 acre finca of elevated land with ancient terracing of Almond and Olive Trees
2 Bedroom + 2 Bathroom Upper Floor Apartment, presently occupied by owner
Two 1 Bedroom Lower Ground Floor Apartments with Communal Pool
Detached One Bedroom Cottage with Communal pool
Detached One Bedroom Cottage with Private Plunge Pool
One detached 2 Bedroom + 1 Bath Cottage with Private Plunge Pool
Rental platforms: Responsibletravel, Homeaway, Trip Advisor, Booking.com, Clickstay, AirBnb
Year round rentals
Large parking area on ancient threshing circle with magnificent main entrance
Truly panoramic views of surrounding mountains
Village Taps Bars, Supermarkets, Bakers, Butchers, Gymnasium, ATM, Pharmacy & Surgery within a 5 minute walk
Flights to Almeria, Alicante, Murcia & Granada
25 minutes to Auto Via del Mediterraneo
40 minutes to the Costa del Almeria
Good location for exploring Almeria
Highest hours of sunshine and lowest rainfall in Western Europe
Excellent climate for year outdoor activities such as walking, cycling, horse riding and more.

A traditional, renovated and extended Cortijo, dating back more than 60 years, and located on a hilltop finca with 2 acres of ancient terracing and just a 5 minute walk to the authentic Andalucian white washed village of Lubrin, adorned with bright geraniums and bougainvillea and endless sunshine. Established holiday rental of 2 farmhouse apartments and 3 detached cottages and includes 2 bedroom farmhouse apartment, presently occupied by the owner.
A truly unique property in a unique location, two minute drive from the main road but protected from traffic noise and pollution by a rambla to the north and a camino rural to the south. The magnificent main entrance provides the backdrop to a large paved area, historically employed as a threshing circle and provides convenient parking for several cars.
From inside the main entrance is a paved approach to the upper ground floor of the Cortijo with a plunge pool, converted from the original embalsa ( water reservoir) and an integrated pergola with facilities for “al fresco” dining with the heat of the summer sun cooled by the prevailing sea breeze ( the Levante). On a clear day the view to the east includes the Mediterranean, some 12 miles away as the crow flies. The upper floor of the Cortijo has been converted to a 2 bedroom apartment, with en suite bathroom and shower room, farmhouse kitchen and large sitting room.
From outside the porch are sets of steps, to the left and right and leading down to two self contained 1 bedroom apartments on the lower ground floor. These apartments comprise of large double bedrooms, sitting rooms, kitchens and family bathrooms. Outside, each apartment has 2 terraces, one looking east to welcome the sun with a cup of coffee and one looking west to toast the last rays with a glass of wine. The Cortijo has central heating, Juliet balconies and shuttered windows, there are also log burning stoves and ceiling fans and there is a communal utility room and boiler house.
At the opposite end of the lower ground floor garden is a detached 1 bedroom cottage converted from an agricultural outbuilding. The living room is open plan with log burning stove and a shower and separate WC leads on into the double bedroom with vanity basin, ceiling fan an electric heating. Outside has an open and covered terraces with views to the Mediterranean and the benefits of the Levante.
On the bottom terrace of the finca is a 2 bedroom detached cottage which was converted from a barn and has covered porch to the front and walled patio to the rear. Outside a private plunge pool and large open sun terrace. Inside an open plan living area with shuttered windows, log burning stove and ceiling fans. The kitchen is from Ikea with gas hob and oven and freestanding fridge/freezer. There are two double bedrooms with shuttered windows, ceiling fans and electric heating. There is a spacious family bathroom.
On the same terrace is a 1 bedroom detached cottage converted from a stables. The living area is open plan with Ikea kitchen, gas hob and oven, freestanding fridge, shuttered windows, ceiling fans and log burning stove. There is a double bedroom with shuttered window, ceiling fan and electric heating. Outside a private plunge pool and open and covered terraces. Landscaping is made up of pea gravel lawns bordered by grape vines and oleander and there are an abundance of Almond, Olive and Pomegranate trees.


If interested please contact the seller through the form on this page.

Property information

Real Estate:

Real Property Included

Living Accommodation:

Two bedroom and 2 bathroom apartment (office) being the upper floor of a traditional Andalucian Cortijo

Location:

Character 2 acre finca with Farmhouse Apartments and idyllic rural location and just a 5 minute walk to the authentic Andalucian whitewashed village of Lubrin and it warm and welcoming villagers.

Premises Details:

2 acre finca in Lubrin, Almeria, Spain with 4 buildings arranged as 3 apartments and 3 cottages and offering 8 bedrooms and 7 bathroom with 3 swimming pools, panoramic mountain views and a 5 minute walk to authentic Spanish mountain village. Presently owner occupies 2 bedroom + 2 bathroom apartment on upper ground floor of cortijo. Lower ground floor arranged as 2 one bedroom holiday apartments in garden settings with communal swimming pool.

One bedroom holiday cottage in garden setting, sharing aforementioned communal pool. One bedroom holiday cottage in garden setting,with private plunge pool. Two bedroom holiday cottage in garden setting, with private plunge pool

Size in square feet:
4,606
Planning Consent:

Present planning consent is Commercial subject to owner constructing new road, footpath, street lighting, open spaces, etc., to Urban standards. Present owner wishes to maintain the Rustico nature of the property and surroundings and has applied to return classification to Rustico.

Business Operation

Expansion Potential:

Existing owner's 2 bedroom apartment marketed with private pool and above ground pool installed to provide a communal pool for Rambla, Castallico and Musica

Competition / Market:

None

Reasons for selling:

As we approach our 80th birthdays and after 20 wonderful years in Lubrin, it is time to spend the majority of our golden years in our homeland of wales

Trading hours:

24/7 operation

Employees:
None - owner carries out gardening, laundry and domestic cleaning but local help is available at €8 per hour
Years established:
11 years

Other Information

Support & training:

Present owner will give one month's training in marketing and hosting

Financing available:

FOR BRITISH BUYERS
A good deal that takes away the uncertainty of the value of the £ for the foreseeable future
A GUARANTEED EXCHANGE RATE of 1.25 EUROS to GB (POUNDS) which FIXES AND GUARANTEES THE PRICE at £360,000 (To be written into the exchange contract)

Interested but, like Brexit, time would be running out for you to achieve an orderly and best deal for your existing property? For a qualifying buyer we will enter into a rent to buy contract with an agreed commitment deposit and a period tied into the completion date of the sale of your property.

Interested but the price is a bit beyond your reach? For a qualifying buyer that can deposit a minimum of €300,000 we are prepared to offer a private mortgage, by deed witnessed by a Notary and registered at the Land Registry. The term of years would be 5 years and interest free as long as payments are kept up to date. Mortgage payments would be financed by the rental income and would be tax deductible

Furniture / Fixtures value:
€20,000 - included in the asking price
Inventory / Stock value:
€8,000
Website:
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Related Documents:
Home based:
This business can be run from home.

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