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This captivating country estate offers not just a home, but a plethora of exciting opportunities for personal or business ventures
Colmenar, Málaga, Spain
REF: 665256
€295,000
Description
This captivating country estate offers not just a home, but a plethora of exciting opportunities for personal or business ventures. The generous land is ripe for either a rural tourism enterprise or a large private dwelling, owing to the vast 19 hectares of picturesque countryside that envelopes the original cortijo. Imagine carving out your private valley, developing a grand personal residence tucked away in nature's lap. Alternatively, the property is perfectly suited for an investment focused on outdoor pursuits. The vast land holds immense potential for a boutique hotel or a vibrant hostel, an adventure sports hub for activities like hunting, mountain biking, climbing, paint balling, clay shooting, or off-road vehicles. It could even be the perfect location for a unique tourist camping site, complete with glamping units or tepees. The land also presents substantial agricultural potential. Two open water deposits, one 120m and the other 110m deep, ensure an abundant supply of underground water, making it an ideal choice for cultivating crops or even developing a rural tourism business. With existing certificates of permission for an additional three water deposits, the agricultural and business prospects are significantly amplified. A separate water mine drilled into the mountain provides pure drinking water, a testament to the self-sufficient nature of this extraordinary property. Further enriching the estate, it's surrounded by a river which flows during Autumn, Winter, and Spring, adding to the peaceful ambiance. On the utility front, the cortijo was previously connected to main electricity, and the existing infrastructure is ready for re-connection. Positioned close to the charming town of Colmenar, in the beautiful region of Malaga, on the idyllic Costa del Sol, this property offers the unique combination of tranquil countryside living with easy access to the area's amenities and attractions. Don't miss this once-in-a-lifetime opportunity to claim a piece of history and transform it into your dream sanctuary or a thriving business. We invite you to schedule a viewing and explore the extraordinary potential this property holds. Contact us today!
This captivating country estate offers not just a home, but a plethora of exciting opportunities for personal or business ventures. The generous land is ripe for either a rural tourism enterprise or a large private dwelling, owing to the vast 19 hectares of picturesque countryside that envelopes the original cortijo. Imagine carving out your private valley, developing a grand personal residence tucked away in nature's lap. Alternatively, the property is perfectly suited for an investment focused on outdoor pursuits. The vast land holds immense potential for a boutique hotel or a vibrant hostel, an adventure sports hub for activities like hunting, mountain biking, climbing, paint balling, clay shooting, or off-road vehicles. It could even be the perfect location for a unique tourist camping site, complete with glamping units or tepees. The land also presents substantial agricultural potential. Two open water deposits, one 120m and the other 110m deep, ensure an abundant supply of underground water, making it an ideal choice for cultivating crops or even developing a rural tourism business. With existing certificates of permission for an additional three water deposits, the agricultural and business prospects are significantly amplified. A separate water mine drilled into the mountain provides pure drinking water, a testament to the self-sufficient nature of this extraordinary property. Further enriching the estate, it's surrounded by a river which flows during Autumn, Winter, and Spring, adding to the peaceful ambiance. On the utility front, the cortijo was previously connected to main electricity, and the existing infrastructure is ready for re-connection. Positioned close to the charming town of Colmenar, in the beautiful region of Malaga, on the idyllic Costa del Sol, this property offers the unique combination of tranquil countryside living with easy access to the area's amenities and attractions. Don't miss this once-in-a-lifetime opportunity to claim a piece of history and transform it into your dream sanctuary or a thriving business. We invite you to schedule a viewing and explore the extraordinary potential this property holds. Contact us today!
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Currency Exchange
Colmenar, 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 €295,000 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 |
|---|---|---|---|
| €295,000 | £245,384 | £253,883 | £8,499 |
| Property Price € | €295,000 |
| Minimum cost in the last six months | £245,384 |
| Maximum cost in the last six months | £253,883 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,499 |
Colmenar, 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 €295,000 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 |
|---|---|---|---|
| €295,000 | £245,384 | £253,883 | £8,499 |
| Property Price € | €295,000 |
| Minimum cost in the last six months | £245,384 |
| Maximum cost in the last six months | £253,883 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,499 |
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 £8,499 more.
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