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This remarkable 12,441 m estate is located in the scenic Raiguero de Bonanza, a charming district of Orihuela, just 2 km from the city
Orihuela, Alicante, Spain
REF: 954745
€850,000
Description
This remarkable 12,441 m estate is located in the scenic Raiguero de Bonanza, a charming district of Orihuela, just 2 km from the city. The property features a majestic 431 m rural house, offering excellent potential for renovation, alongside a mix of rustic and urban land.
The estate includes 7,451 m of rustic land, 3,488 m of urban residential land, and 1,133 m dedicated to roads and infrastructure. The rustic land benefits from essential services such as sewage, potable water, electricity, and telephone lines. Additionally, the property has a well with the right to irrigate the land and two water reservoirs, with a water usage right of 10,000 m per year for irrigation.
The house is spread over two levels with a distinctive façade and consists of seven bedrooms, two living rooms, two balconies, a large kitchen, a bathroom, a patio, a storage room, and a private chapel. This charming home offers the perfect opportunity for restoration, making it ideal for a family residence or rural tourism business.
The property is surrounded by existing townhouses and private villas, both on urban and rustic land, providing a peaceful yet well-connected environment.
Set at the foot of the Sierra de Orihuela, the estate offers breathtaking views of the mountains and the Vega del Segura valley. It is surrounded by hiking trails, leading to natural landmarks such as the Cruz de la Muela, and is just 3 km from the Monte de Hurchillo, a micro-reserve in the Alicante province. The property is also close to the Pedrera Wetland Reserve (6 km), the Sierra Escalona and Dehesa de Campoamor natural space (11 km), and is just 30 km from the beach and 50 km from Alicante International Airport.
This estate provides a fantastic opportunity for those seeking a peaceful rural retreat with the convenience of being close to the city.
This remarkable 12,441 m estate is located in the scenic Raiguero de Bonanza, a charming district of Orihuela, just 2 km from the city. The property features a majestic 431 m rural house, offering excellent potential for renovation, alongside a mix of rustic and urban land.
The estate includes 7,451 m of rustic land, 3,488 m of urban residential land, and 1,133 m dedicated to roads and infrastructure. The rustic land benefits from essential services such as sewage, potable water, electricity, and telephone lines. Additionally, the property has a well with the right to irrigate the land and two water reservoirs, with a water usage right of 10,000 m per year for irrigation.
The house is spread over two levels with a distinctive façade and consists of seven bedrooms, two living rooms, two balconies, a large kitchen, a bathroom, a patio, a storage room, and a private chapel. This charming home offers the perfect opportunity for restoration, making it ideal for a family residence or rural tourism business.
The property is surrounded by existing townhouses and private villas, both on urban and rustic land, providing a peaceful yet well-connected environment.
Set at the foot of the Sierra de Orihuela, the estate offers breathtaking views of the mountains and the Vega del Segura valley. It is surrounded by hiking trails, leading to natural landmarks such as the Cruz de la Muela, and is just 3 km from the Monte de Hurchillo, a micro-reserve in the Alicante province. The property is also close to the Pedrera Wetland Reserve (6 km), the Sierra Escalona and Dehesa de Campoamor natural space (11 km), and is just 30 km from the beach and 50 km from Alicante International Airport.
This estate provides a fantastic opportunity for those seeking a peaceful rural retreat with the convenience of being close to the city.
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Property on Map
Currency Exchange
Orihuela, Alicante, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £700,315 | £719,177 | £18,862 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £700,315 |
| Maximum cost in the last six months | £719,177 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,862 |
Orihuela, Alicante, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £700,315 | £719,177 | £18,862 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £700,315 |
| Maximum cost in the last six months | £719,177 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,862 |
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 £18,862 more.
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