EUR 675,000 freehold
About this property
Farm House on a plot of land of 10,109M,ten thousand one hundred nine meters in the countryside but in the centre of the tourist towns of Vera, Garrucha and Mojacar, (1.5 km from Vera and approximately 4 km from Garrucha), in the future it is planned the construction of the AVE station, which would distract from the farm in about 500 meters.
The farm is closed with a wall of stone work; it contains 67 adult palm trees, 28 adult olive trees, 2 areas of pine trees, fig trees and a grove. This vegetation serves as the restaurant’s terraces with a unique atmosphere and freshness.
On the farm there are the following buildings:
1st) Two-storey house, the first floor consists of the following dependencies: Master bedroom of 38 m2 with bathroom and Jacuzzi, library office, living room of 48 m2 with fireplace, hallway of 17 m2, bedroom with bathroom, kitchen with two pantries.
The second floor consists of four bedrooms and three bathrooms, with a terrace of 75 m2.
Total built and habitable area of 355 m 2 approx.
2nd) House on one floor, located 50 meters approx. of the previous house, with two bedrooms and two bathrooms, living room with fireplace, kitchen, dressing room and terrace of 30 m2. Total built area 120 m 2.
3rd) Warehouse of about 180 meters approx. that has industrial Electric and water is separated from the other constructions and has individual entrance.
4th) Restaurant of recent construction is separated from the first house by an Andalusian patio with well, two bathrooms and cellar, is the first floor of the restaurant with two living rooms, two bathrooms and kitchen. Furniture, machinery and barbecue are included. This floor has 200 m2 habitable approx. The other floor is a basement intended as a warehouse, cold rooms and with direct access to the unloading of trucks for supply to the restaurant, it has an area of 150 mts. 2 approx.
5th) Semi-finished pool (pump is missing), around the pool there is a cistern for irrigation water of 145 meters. Cubes approximately.
6th) Garage workshop for two cars. (40 meters approx. 2)
Building: Large House . . . . . . . . 355 m 2
Small House . . . . . 120 ”
Warehouse… . . . . . . . . . . . . . 180 ”
Restaurant. . . . . . . . 350 ”
Garage . . . . . . . . . . . 40 ”
TOTAL . . . . . . . . . . . 1,045
The real valuation has been made of 750,000€. However, motivated by my old age, an offer of up to 675,000 euros is admitted.
As a return on investment is interesting since the small house is rented for 450€, the warehouse rented for 320€ and the restaurant is rented for 1300€. Total monthly income of 2,070 euros, 24,840 euros per year, represents 3.8% per year of the investment and the large house that can be inhabited or made a rural hotel