Unique investment opportunity for green energy tourist complex in Ronda

Ronda, Malaga, Spain, 29400

For Sale

€17,500,000

REF: 81577 €17,500,000


8

4

1986

Description

Situated only 5 kms from the iconic city of Ronda, one of southern Spain's most visited tourist destinations, the sale of this finca must be an investor's dream! The sale of this unique finca estate provides an amazing opportunity for its buyer with the appropriate vision and resources to create a fantastic and wonderfully located tourist complex.

An imaginative development, coupled with the creation of a green energy plant powered by solar and wind turbines, would result in a very lucrative ROI. Where else can you buy one thousand hectares or 2471 acres with approximately 3000 square meters (32,292 square feet) of buildings in good condition, with the potential to develop a tourist complex of 218,000 square meters (21.8 hectares or 53.8 acres)? That development potential has been recognized by the local Town Hall through a Declaración complejo turístico con interés social (Declaration of tourist complex with social interest).

In addition, it is considered that a green energy plant producing electricity generated by the sun and wind can be developed taking advantage of the 300 sunny days each year and the wind that blows almost constantly on the mountain platform over a thousand meters above sea level. The owners have had approaches for such a development based either on payment of a capital sum or a rental agreement of 30 years.

From the mountain platform, there are views of Gibraltar, the Mediterranean and the North African coast. There are two beautiful houses, each of 220 square meters (2368 square feet), both with large terraces and each with entrance hall with guest toilet off, living and TV room, fitted kitchen, four bedrooms and two bathrooms.

Both houses have central heating provided by a large pellet burner to which they are connected and each has an independent thermostat. Both have insulated floors, walls and roof. One house has its own swimming pool while the other has a sauna. To the side of the pool, there is a small building of 35 square meters (376 square feet) which is used as a guest studio and has its own kitchen and shower.

Partial central heating and hot water are produced by solar plates. The houses were constructed with good quality materials are in very good condition. They were built in 1986 under the direction of the family which owns the company, who live in one of them. The extensions were added 1n 2000. To the side of the houses is a small building containing the electricity connections for the houses and nearby buildings.

The main electricity switch is housed here and controls the wind and solar powered electricity, supplemented by the latest technology lithium batteries and the public electricity company. Near the houses is a cortijo (farmhouse) of over 400 square meters (4305 square feet), which contains horse boxes.

Built over a hundred years ago, it has a new roof but is in need of modernization. To the side of the cortijo is a building of 200 square meters (2152 square feet) providing a garage for four cars. It was built in 1986. All these buildings are connected to electricity and drinking water, which comes from the finca's own well.

There is also a large industrial barn of 1070 square meters (11,517 square feet) with an outside patio of 1400 square meters (15,069 square feet). This is currently used as the office of the owners' son's organization TopBuggy.es, which takes visitors on buggy trips around the estate, as well as for the sale of business installations and equipment relating to the green energy produced by the sun and wind.

The roof of the barn and a solar tracker include over 30 solar panels to produce up to +90kWh of daily energy. They also act as a demonstration of such energy production, as a result of which the owners' annual electricity bill is almost zero. There is also a connection to the grid where the excess energy is sold to.

By the barn is the end of Endesa's high tension electricity line. This provides the means to connect the electricity supply for the proposed tourist complex without the need for obtaining legal rights as only the estate land is needed for this. The solar and wind energy production units are not part of the property and are not included in the sale.

All the buildings, which are in very good condition, are connected by a tarmac private road leading from the electrically operated main entrance gate, with security camera. The access is directly connected to the A369 road to Algeciras and Gibraltar, which can be reached in just over an hour by car. There are 4 other entrance gates to the finca, 3 accessible by car.

It is considered that the buildings, which all have building licenses, can be incorporated into the proposed project and combined with a new five-star camping or caravan site. In the valley, an artificial lake can be created where water already flows during the rainy season. There is also a water producing well in this area.

Adjoining where the lake might be is an area ideal for creating tennis courts and other sports facilities. The Spanish company s escritura, dates from 1985 and will be sold free of any debt and without any retained workers or long-term rental agreements. There is a contract with a shepherd of eleven months a year to clean the finca and prevent fires during the dry periods.

Hunting licenses are sold each year, only for the limited times allowed by law. The olive harvest is given away as compensation for maintenance work on the finca. There are no other fincas of this size for sale, while the enormous potential of this one and its location only 5 kms from all services in Ronda, make this estate unique.

The finca is only 45 minutes by car to the Costa del Sol and 1 hour 15 minutes to Gibraltar and Malaga airports. Sevilla Airport is at 1 hour 30 minutes driving distance. Contact us for full details or to arrange a viewing.
Situated only 5 kms from the iconic city of Ronda, one of southern Spain's most visited tourist destinations, the sale of this finca must be an investor's dream! The sale of this unique finca estate provides an amazing opportunity for its buyer with the appropriate vision and resources to create a fantastic and wonderfully located tourist complex.

An imaginative development, coupled with the creation of a green energy plant powered by solar and wind turbines, would result in a very lucrative ROI. Where else can you buy one thousand hectares or 2471 acres with approximately 3000 square meters (32,292 square feet) of buildings in good condition, with the potential to develop a tourist complex of 218,000 square meters (21.8 hectares or 53.8 acres)? That development potential has been recognized by the local Town Hall through a Declaración complejo turístico con interés social (Declaration of tourist complex with social interest).

In addition, it is considered that a green energy plant producing electricity generated by the sun and wind can be developed taking advantage of the 300 sunny days each year and the wind that blows almost constantly on the mountain platform over a thousand meters above sea level. The owners have had approaches for such a development based either on payment of a capital sum or a rental agreement of 30 years.

From the mountain platform, there are views of Gibraltar, the Mediterranean and the North African coast. There are two beautiful houses, each of 220 square meters (2368 square feet), both with large terraces and each with entrance hall with guest toilet off, living and TV room, fitted kitchen, four bedrooms and two bathrooms.

Both houses have central heating provided by a large pellet burner to which they are connected and each has an independent thermostat. Both have insulated floors, walls and roof. One house has its own swimming pool while the other has a sauna. To the side of the pool, there is a small building of 35 square meters (376 square feet) which is used as a guest studio and has its own kitchen and shower.

Partial central heating and hot water are produced by solar plates. The houses were constructed with good quality materials are in very good condition. They were built in 1986 under the direction of the family which owns the company, who live in one of them. The extensions were added 1n 2000. To the side of the houses is a small building containing the electricity connections for the houses and nearby buildings.

The main electricity switch is housed here and controls the wind and solar powered electricity, supplemented by the latest technology lithium batteries and the public electricity company. Near the houses is a cortijo (farmhouse) of over 400 square meters (4305 square feet), which contains horse boxes.

Built over a hundred years ago, it has a new roof but is in need of modernization. To the side of the cortijo is a building of 200 square meters (2152 square feet) providing a garage for four cars. It was built in 1986. All these buildings are connected to electricity and drinking water, which comes from the finca's own well.

There is also a large industrial barn of 1070 square meters (11,517 square feet) with an outside patio of 1400 square meters (15,069 square feet). This is currently used as the office of the owners' son's organization TopBuggy.es, which takes visitors on buggy trips around the estate, as well as for the sale of business installations and equipment relating to the green energy produced by the sun and wind.

The roof of the barn and a solar tracker include over 30 solar panels to produce up to +90kWh of daily energy. They also act as a demonstration of such energy production, as a result of which the owners' annual electricity bill is almost zero. There is also a connection to the grid where the excess energy is sold to.

By the barn is the end of Endesa's high tension electricity line. This provides the means to connect the electricity supply for the proposed tourist complex without the need for obtaining legal rights as only the estate land is needed for this. The solar and wind energy production units are not part of the property and are not included in the sale.

All the buildings, which are in very good condition, are connected by a tarmac private road leading from the electrically operated main entrance gate, with security camera. The access is directly connected to the A369 road to Algeciras and Gibraltar, which can be reached in just over an hour by car. There are 4 other entrance gates to the finca, 3 accessible by car.

It is considered that the buildings, which all have building licenses, can be incorporated into the proposed project and combined with a new five-star camping or caravan site. In the valley, an artificial lake can be created where water already flows during the rainy season. There is also a water producing well in this area.

Adjoining where the lake might be is an area ideal for creating tennis courts and other sports facilities. The Spanish company s escritura, dates from 1985 and will be sold free of any debt and without any retained workers or long-term rental agreements. There is a contract with a shepherd of eleven months a year to clean the finca and prevent fires during the dry periods.

Hunting licenses are sold each year, only for the limited times allowed by law. The olive harvest is given away as compensation for maintenance work on the finca. There are no other fincas of this size for sale, while the enormous potential of this one and its location only 5 kms from all services in Ronda, make this estate unique.

The finca is only 45 minutes by car to the Costa del Sol and 1 hour 15 minutes to Gibraltar and Malaga airports. Sevilla Airport is at 1 hour 30 minutes driving distance. Contact us for full details or to arrange a viewing.
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Property on Map

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Currency Exchange

Ronda, Malaga, Spain, 29400

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 €17,500,000 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
€17,500,000 £14,418,250 £14,806,575 £388,325
Property Price € €17,500,000
Minimum cost in the last six months £14,418,250
Maximum cost in the last six months £14,806,575
Fluctuating exchange rates over the last six months could have increased the cost of this property by £388,325

Ronda, Malaga, Spain, 29400

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 €17,500,000 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
€17,500,000 £14,418,250 £14,806,575 £388,325
Property Price € €17,500,000
Minimum cost in the last six months £14,418,250
Maximum cost in the last six months £14,806,575
Fluctuating exchange rates over the last six months could have increased the cost of this property by £388,325

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 £388,325 more.

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