A unique 5 - 6 bedroom, 4 bathroom, 800-year-old original Olive Mill that has been lovingly renovated to make two houses suitable for B&B or rural tourism, or easily re-instated to make one beautifully spacious family house

Riogordo, Málaga, Spain

For Sale

€695,000

REF: 175757 €695,000


5

4


470 m2

793 m2

Description

A unique 5 - 6 bedroom, 4 bathroom, 800-year-old original Olive Mill that has been lovingly renovated to make two houses suitable for B&B or rural tourism, or easily re-instated to make one beautifully spacious family house. The property is situated in a quiet, private, unspoilt position, surrounded by mature olive groves, and is approached via a good dirt track from either the road between Casabermeja and Velez-Malaga, or the road between Riogordo and Benamargosa.

Double entrance gates lead down a driveway to a gravel covered area which serves as parking for several cars. The Mill House comprises covered dining terrace with barbeque, entrance into dining room/hall, kitchen with the old bread oven (not in use) and fitted cupboards, large store cupboard, shower room/toilet.

Stairs lead to 3 bedrooms. One double with en-suite shower room, another double, and one single. Downstairs is a large split-level sitting room with a wood burning stove and door to lovely enclosed courtyard garden. Boiler room with oil-fired boiler supplying hot water and central heating to both houses (can be independently controlled).

A large covered terrace leads to a utility room and large store room/workshop (this area can potentially be turned into further accommodation). The Old Mill (main) house comprises front double doors into the old milling area with all the original equipment intact including the mill stones, Caldera (water boiler) and the olive press.

A comfortable lounge area with corner open fireplace leads through French doors to a large covered terrace with summer kitchen and barbeque. Steps up to a roof terrace above with fantastic views of the mountains. Kitchen with fitted units, dishwasher, cooker and fridge/freezer, door out to covered terrace/summer kitchen.

Dining area with double doors out to courtyard garden, and a mezzanine floor which can either be a study or bedroom 6. Through an arch to master bedroom with en-suite bathroom. Separate cloakroom. Bedroom 5 (double) also with en-suite shower room. Outside, steps down from the covered terrace lead to the pool terrace with toilet/changing room and pump room underneath.

The salt water pool is 10 x 5 m and has a shower. The land has many olive trees including one over 2,000 years old as well as lemons, oranges, figs, pomegranates, nispero, almond, and quince. The gardens are full of flowers and shrubs, and there is a flat area suitable for a vegetable garden. Sat. TV is installed in both houses, and the property has broadband internet.
A unique 5 - 6 bedroom, 4 bathroom, 800-year-old original Olive Mill that has been lovingly renovated to make two houses suitable for B&B or rural tourism, or easily re-instated to make one beautifully spacious family house. The property is situated in a quiet, private, unspoilt position, surrounded by mature olive groves, and is approached via a good dirt track from either the road between Casabermeja and Velez-Malaga, or the road between Riogordo and Benamargosa.

Double entrance gates lead down a driveway to a gravel covered area which serves as parking for several cars. The Mill House comprises covered dining terrace with barbeque, entrance into dining room/hall, kitchen with the old bread oven (not in use) and fitted cupboards, large store cupboard, shower room/toilet.

Stairs lead to 3 bedrooms. One double with en-suite shower room, another double, and one single. Downstairs is a large split-level sitting room with a wood burning stove and door to lovely enclosed courtyard garden. Boiler room with oil-fired boiler supplying hot water and central heating to both houses (can be independently controlled).

A large covered terrace leads to a utility room and large store room/workshop (this area can potentially be turned into further accommodation). The Old Mill (main) house comprises front double doors into the old milling area with all the original equipment intact including the mill stones, Caldera (water boiler) and the olive press.

A comfortable lounge area with corner open fireplace leads through French doors to a large covered terrace with summer kitchen and barbeque. Steps up to a roof terrace above with fantastic views of the mountains. Kitchen with fitted units, dishwasher, cooker and fridge/freezer, door out to covered terrace/summer kitchen.

Dining area with double doors out to courtyard garden, and a mezzanine floor which can either be a study or bedroom 6. Through an arch to master bedroom with en-suite bathroom. Separate cloakroom. Bedroom 5 (double) also with en-suite shower room. Outside, steps down from the covered terrace lead to the pool terrace with toilet/changing room and pump room underneath.

The salt water pool is 10 x 5 m and has a shower. The land has many olive trees including one over 2,000 years old as well as lemons, oranges, figs, pomegranates, nispero, almond, and quince. The gardens are full of flowers and shrubs, and there is a flat area suitable for a vegetable garden. Sat. TV is installed in both houses, and the property has broadband internet.
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#AS2391

Currency Exchange

Riogordo, Málaga, Spain

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €695,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€695,000 £578,157 £598,131 £19,974
Property Price € €695,000
Minimum cost in the last six months £578,157
Maximum cost in the last six months £598,131
Fluctuating exchange rates over the last six months could have increased the cost of this property by £19,974

Riogordo, Málaga, Spain

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €695,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€695,000 £578,157 £598,131 £19,974
Property Price € €695,000
Minimum cost in the last six months £578,157
Maximum cost in the last six months £598,131
Fluctuating exchange rates over the last six months could have increased the cost of this property by £19,974

The exchange rate on the day you make an offer on your property in Spain will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £19,974 more.

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