Renovated Olive Mill plus adjoining Guest House

Colmenar, Málaga, Spain

For Sale

€499,000

REF: 676127 €499,000


4

2

277 m2

39984 m2

Description

Renovated Olive Mill plus adjoining Guest House. 4 Bedrooms. 2 Bathrooms. Sensational Views. 2kms from the village. DAFO certificate Essential Properties are delighted to offer this beautifully renovated olive mill for the sale. Set within an area known for outstanding beauty, the property enjoys panoramic views over the surrounding mountains, white villages and countryside.

The original mill features a spacious hallway with stairs leading up to the first floor and a large farmhouse-style kitchen/ breakfast room. Traditional wooden doors lead from the hallway into a lounge/dining room boasting a cast iron wood-burning stove and windows to the front and rear aspects. The first floor landing enjoys a wood burning stove and creates a tranquil reading area.

The first floor offers two double bedrooms and a large shower room. The present owner has renovated both properties to an excellent standard by restoring and improving the original features. The attached guest cottage boasts an incredible open-plan kitchen/lounge/ dining room. This bright and spacious room features an incredible vaulted ceiling with exposed beams and a cast iron wood-burning stove.

The cottage also enjoys two large double bedrooms plus a spacious bathroom. Both properties feature exposed beams throughout plus traditional wooden windows and doors. The property also offers the potential to create an additional double bedroom plus ensuite and install a swimming pool (subject to regulations).

Both houses could be knocked through with a minimum amount of work to provide one large substantial house. Alternatively, the guest cottage could provide a good rental income. The current owner is open to negotiation on the furniture in the guest cottage. Set within a beautiful plot measuring 39,984 m2 enjoying sensational views.

An early viewing is highly recommended to appreciate the standard of this beautifully renovated mill. Additional features. Mains electric. Mains water. Internet. 20,000l water deposit. Septic Tank. DAFO CERTIFICATE. Part track/ part concrete access. Approx 2kms from Colmenar. Colmenar has an altitude of 700 metres and a population of 3,600.

The foothills of the Sierra de Camaroles lie to the north and Mount Miraflores to the south.It is located at the most westerly point of Axarquia approx 30 minutes drive from Malaga, 10 minutes from Lake Viñuela and 30 minutes drive from the coast atRincon de la Victoria. This vibrant town features narrow winding streets in the upper area and a good selection of bars, shops, restaurants, schools and a 24 hour health centre in the town centre. A excellent location with easy access to Malaga and beaches via public transport.
Renovated Olive Mill plus adjoining Guest House. 4 Bedrooms. 2 Bathrooms. Sensational Views. 2kms from the village. DAFO certificate Essential Properties are delighted to offer this beautifully renovated olive mill for the sale. Set within an area known for outstanding beauty, the property enjoys panoramic views over the surrounding mountains, white villages and countryside.

The original mill features a spacious hallway with stairs leading up to the first floor and a large farmhouse-style kitchen/ breakfast room. Traditional wooden doors lead from the hallway into a lounge/dining room boasting a cast iron wood-burning stove and windows to the front and rear aspects. The first floor landing enjoys a wood burning stove and creates a tranquil reading area.

The first floor offers two double bedrooms and a large shower room. The present owner has renovated both properties to an excellent standard by restoring and improving the original features. The attached guest cottage boasts an incredible open-plan kitchen/lounge/ dining room. This bright and spacious room features an incredible vaulted ceiling with exposed beams and a cast iron wood-burning stove.

The cottage also enjoys two large double bedrooms plus a spacious bathroom. Both properties feature exposed beams throughout plus traditional wooden windows and doors. The property also offers the potential to create an additional double bedroom plus ensuite and install a swimming pool (subject to regulations).

Both houses could be knocked through with a minimum amount of work to provide one large substantial house. Alternatively, the guest cottage could provide a good rental income. The current owner is open to negotiation on the furniture in the guest cottage. Set within a beautiful plot measuring 39,984 m2 enjoying sensational views.

An early viewing is highly recommended to appreciate the standard of this beautifully renovated mill. Additional features. Mains electric. Mains water. Internet. 20,000l water deposit. Septic Tank. DAFO CERTIFICATE. Part track/ part concrete access. Approx 2kms from Colmenar. Colmenar has an altitude of 700 metres and a population of 3,600.

The foothills of the Sierra de Camaroles lie to the north and Mount Miraflores to the south.It is located at the most westerly point of Axarquia approx 30 minutes drive from Malaga, 10 minutes from Lake Viñuela and 30 minutes drive from the coast atRincon de la Victoria. This vibrant town features narrow winding streets in the upper area and a good selection of bars, shops, restaurants, schools and a 24 hour health centre in the town centre. A excellent location with easy access to Malaga and beaches via public transport.
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Property on Map

#XL4060

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 €499,000 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
€499,000 £413,327 £428,866 £15,539
Property Price € €499,000
Minimum cost in the last six months £413,327
Maximum cost in the last six months £428,866
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,539

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 €499,000 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
€499,000 £413,327 £428,866 £15,539
Property Price € €499,000
Minimum cost in the last six months £413,327
Maximum cost in the last six months £428,866
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,539

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 £15,539 more.

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