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Freehold Cave Hotel for sale in GranadaFantastic Investment Opportunity |
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| Area: Other Areas | Terms: Freehold |
| Price: 695,000€ | Built Size: m² |
| Reference #:MP1832 | Terrace Size: m² |
This is a unique property and offers a fantastic opportunity to live the dream and at the same time have a substantial income. Set in nearly 18 acres of land, mostly covered with pine trees. No traffic jams, clear mountain air, fantastic scenery, over 300 days of sunshine each year, some of friendliest people you are ever likely to meet and only 90 minutes to the beaches of Almeria and Murcia. In February 2008 for insurance purposes, the property was valued at 849,950 Euros. Due to the global recession the owners took a very realistic view as to the current asking price, which is 695,000 euros (recently reduced from 775,000), which represents outstanding value for a property of this size and potential. Sold fully furnished (included in the asking price) Ideally situated for visiting the Nature reserves and National Parks of the Sierra de Baza, Sierra de Castril, Sierra de Cazorla and Sierra de Segura. The lakes of Negratin, San Clemente, Bolera and Potillo are a short drive away. The nearby historic towns and villages of Baza, Huescar, Cullar, Galera Castril, Benamaurel, Zujar and Orce, offer a wealth of attractions from museums , hot springs, Arabic fortresses, Roman ruins and numerous excellent restaurants. Cycling, walking, swimming in the lakes, horse riding, bird watching and fishing are all popular activities. Granada airport is approx 75 minutes away, with Malaga, Almeria, Murcia and Alicante airports approx. 2 hours away. The original Cortijo (which was once famous for breeding Andalucian horses) has been divided into 2 spacious properties. For ease of identification we will call them House 1 and House 2. Both houses have three bedrooms (all en suite) and house 1 has a study/office/4th bedroom. House 1 has a very large kitchen, separate dining area, a beautiful lounge, large study/office or 4th bedroom and 2 other bedrooms on the ground floor. All rooms feature the original beams and great care has been taken to preserve the character of the buildings whilst still providing all the conveniences of modern living. The Master bedroom (on the first floor) is enormous and features a large en suite bathroom and a Balcony with views over the valley of El Margen to the Sierras de Baza. There is a separate double glazed door leading to the first floor sun terrace again with views over the El Margen valley to the Sierras De Baza and a southeast facing double glazed window. House 2 is very similar with the exception that there is no Study/office/4tth bedroom and the living area is slightly smaller. The first floor bedroom again features a large en suite bathroom and balcony. It should be noted that although from the outside this property looks like a conventional building, it is in fact a Cave House. All rooms have been built into the hillside and maintain a fairly constant temperature all year round of approx 17 degrees centigrade. Cool in the summer and warm in the winter. There is no need for air conditioning or central heating in this property. The property faces south east to take advantage of the morning sun, whilst providing ample shade during the hot afternoons. Outside of the 2 main houses is a large covered terrace measuring 30mtrs x 4 mtrs making an ideal area for al fresco dining. Leading from the terrace is a large paved area in the centre of which is the 10 metre x 5 metre swimming pool. The pool is heated by 8 solar panels giving water temperatures of between 25 and 30 degrees centigrade from May to October, there is also a winter and summer cover. Surrounding the paved area is the garden, containing many shrubs and trees. There is also garden lighting and a honeysuckle covered pergola. The whole area is surrounded by balustrade ensuring a great degree of privacy. All ground floor doors and the door leading to the sun terrace from bedroom 1 in house 1, feature concertina security grills. To the east of the Cortijo but separate from, there are 3 stunning Cave Houses (casas cuevas) available for short, medium or long term rent, providing a substantial income (over 10000 euros in 2008) Currently advertised on 3 holiday web sites. To the west of the Cortijo and again separate from, is The Curry Cave Restaurant as featured on the BBC’s “Living In The Sun” programme. The income from the restaurant was just over €6000 net, August 2007 to July 2008 opening just 3 nights per week. The restaurant is currently closed due to the owners pursuing other business interests, however it can be seen, that considerable potential exists to increase the income from the restaurant, which is sold fully equipped. Alternatively the restaurant could easily be converted back to a luxury 2 bedroom rental cave. The current owners have successfully operated the business of 3 rental caves and a small restaurant while using the 2 main houses for family accommodation. The whole property could easily be converted in to a large B&B or small hotel and there is a definite possibility that planning permission could be obtained for a touring caravan park on some of land. The properties location would also make it ideal for use as an animal sanctuary, garden centre, equestrian centre, activity holidays centre or with minimal conversion it could be a very nice care home of which there is a growing need in Spain The rental side of business benefits from its own web site which would be transferred to the new owners. The 2 main houses have telephone and broadband internet connection. The water supply to the property is from its own well containing approx. 20000 litres, which is served by an under ground river. Although the Photo Gallery will give any prospective purchaser a good idea of what this property can offer, viewing is strongly recommended to fully appreciate this fabulous property set in breathtaking scenery. With low cost flights available to all of the aforementioned airports and accommodation available on site, viewing can be accomplished at minimal cost. House 1 in detail Kitchen From the covered terrace a double glazed door with double glazed side panels, leads in to the kitchen/breakfast room measuring 6.5mtrs x 2.95mtrs. Down both sides of the kitchen are marble worktops with numerous power points. There is a range of under worktop cupboards, wall cupboards, double oven cooker with ceramic hob, extractor fan and hood, washing machine, tumble dryer, dish washer, fridge/freezer, broom cupboard, shoe cupboard, table and 4 chairs, all of which are included in the sale. Satellite TV is connected to the Kitchen area. Dining area/Day room From the kitchen 2 shallow steps lead to the L shaped day room/dining area which measures 9.1mtrs x 2.4 mtrs at the widest point. In the corner of the day room is a built in log burner. The ceiling has the original wood beams. There are 2 doors in this area, one leading to bedroom 3 the other leading to the internal hallway which in turn leads to the study/office and the lounge. Study/Office/Bedroom 4 Off from the internal hallway is the study/office or 4th bedroom measuring 3.7mtrs x 2.7mtrs. There is a built in cupboard 1.45mtrs wide x 2mtrs high x 60cms deep, a range of book shelves, together with telephone and broadband internet connection. Inner Hallway Leads from the dining area to the study/office and the lounge. In the Hallway is a large built in cupboard, currently used as an airing cupboard. Lounge The lounge is a feature of this property. It is T shaped measuring 7.3mtrs x 2.9mtrs and 4.3mtrs x 2.27mtrs. There is a feature fireplace with built in log burner, Double glazed door to the terrace and 2 feature alcoves. The original wood beams have been retained and like the rest of the house the flooring is rustic style tiles. There are numerous power points, a satellite TV point and dimmer lighting has been installed. From the lounge are stairs leading to bedroom 1 and a door leading to bedroom 2. Bedroom 1 The master bedroom measures 11.3mtrs max x 3.3mtrs, with an en suite bathroom measuring 2.9mtrs x 2.1mtrs. There are double glazed sliding doors leading to the balcony and a further double glazed door leading to the sun terrace which measures 9.4mtrs x 3.65mtrs. The bathroom features an inset wash basin with cupboard under, w.c., full sized shower, and a full length bath. Bedroom 2 From the lounge a doorway leads to bedroom 2 measuring 4.7mtrs x 2.7mtrs. There is a built in double wardrobe. The en suite bathroom is approx 2mtrs x 2mtrs with an inset wash basin with cupboard under, w.c. and full size shower. Bedroom 3 From the dining area a doorway leads to the 3rd bedroom which measures 4.9mtrs x 2.9mtrs. There is a built in double wardrobe and the en suite bathroom (approx 2mtrs x 2mtrs) features an inset wash basin with cupboard under, w.c. and full size shower. In all rooms there are numerous power points and wall lights in the Andalucian style. ----------------------------------------- House 2 in detail Kitchen/Breakfast room From the covered terrace a double glazed door with double glazed side panels, leads in to the Kitchen/ Breakfast room, which measures 9.4mtrs x 2.75mtrs. There is a range of built in base units (cupboards and drawers), marble worktops, breakfast bar, broom cupboard, centre and wall lights, plumbing for washing machine, dishwasher, a free standing cooker with double oven and ceramic hob, and numerous power points. There are 2 internal doors, one leading to bedroom 3 and the other to the lounge. Lounge The L shaped lounge measures 7mtrs x 4.9mtrs x 2.8mtrs. There is a built in storage cupboard, decorative alcoves, free standing log burner, satellite TV point, telephone and broad band internet connection. A double glazed door with double glazed side panels leads to the covered terrace. There is an internal door leading to bedroom 2 and stairs leading to bedroom 1. Bedroom 1 The master bedroom in House 2 measures 7.45mtrs x 3.2 mtrs, contained within this area is the en suite bathroom measuring 2.8mtrs x 1.6mtrs. In the bedroom there is a built in double wardrobe, Double glazed sliding doors to the balcony with views over the El Margen valley to the Sierra de Bazas. There is a double glazed east facing window, satellite TV point, wall lights and ample power points. In the bathroom there is an inset wash basin, with cupboard under, very large shower cubicle, and w.c. Bedroom 2 A doorway from the lounge leads to a short passageway within which is a built in double cupboard (airing) a doorway to bedroom 2’s bathroom and a further doorway to bedroom 2 which measures 4.8mtrs x 2.8mtrs.There is a built in double wardrobe, satellite TV point, ample power points and wall lights. The en suite bathroom is approx. 2mtrs x 2mtrs and features an inset wash basin with cupboard under, full size shower, and w.c. Bedroom 3 From the breakfast room a doorway leads to bedroom 3 measuring 5.5mtrs x 2.7mtrs. There is a built in double wardrobe, satellite TV point, ample power points and wall lights. The en suite bathroom is approx 2mtrs x 2mtrs and features an inset wash basin with cupboard under, full size shower, and w.c. Rental Cave Houses To the east of the house 2 but separated from it by a high wall and wrought iron gate, are the 3 rental caves There are 2 one bedroom cave houses and 1 two bedroom cave house. All the cave houses were completed in July 2006 and are to a very high standard, with extremely spacious accommodation. Parking is right outside the caves which are reached by a separate road, and there are no steps to negotiate. There is a patio area outside each Cave house, a barbeque area and private garden. Each house is equipped with a log burning stove, radiators, satellite T.V., rustic style furniture, washing machine, fridge, microwave, 4 ring hob, oven, patio furniture etc. Restaurant To the west of house 1 but separated from it by a large paved area and a high wall is the unique Cave Restaurant. The current owners operated this as The Curry Cave until Sept 08, when other business interests demanded more of their time, together with the fact that their Son and family decided to return to the U.K. for personal reasons. An enclosed courtyard measuring 10.9mtrs x 7mtrs has views over the El Margen valley to the Sierra de Bazas. There are 2 metal gazebos with detachable covers, providing shade for al fresco dining in the summer months. There is a quantity of plastic tables and chairs included in the sale. From the courtyard the main doorway (with window to one side) opens on to an entrance hall 4.7mtrs x 2.05mtrs max. Within the entrance hall are 2 doors leading to the men’s and ladies toilets both of which are approx 1.95mtrs x 1.5mtrs and each features an inset wash basin with cupboard under and w.c. there are swing doors leading to the Kitchen. Kitchen The kitchen 3.10mtrs x 3mtrs contains a marble top prep area with cupboards under, stainless steel double sink unit, deep fat fryer, industrial microwave, electric hot water heater, extractor fan, and a 6 burner, large oven, industrial gas cooker. The double window opens on to the courtyard. From the kitchen a doorway leads to the storage room 6.2mtrs x 2.0mtrs max. which contains a large industrial stainless steel fridge unit, large freezer, stainless steel shelving and a drinks cooler. From the storage room a doorway leads to the garage. Main Room The main room of the restaurant opens up from the entrance hall and measures 9.8mtrs x 3.3mtrs ave, with the original beamed ceiling. The side room (off from the main room) is 5.4mtrs x 2.85mtrs. There is a storage cupboard in each room, plenty of power points and Andalucian style wall lights. Both rooms feature an air vent and there is a chimney in the main room which can be used to accommodate a wood burner. Wood tables and chairs are included in the sale together with all kitchen equipment and table ware. The restaurant is capable of seating 34 with a further 20 or so outside during the summer months. It would be relatively easy to create a further room thereby expanding the seating capacity or creating a bar area. There is parking for approx 6 vehicles adjacent to the restaurant with further parking available at the bottom of the drive which is approx 30 mtrs away. There are double wrought iron gates at the top of the dive which can be closed when the restaurant is not open to provide complete privacy to the whole property. Alternatively The restaurant as it now stands could very easily be converted in to a luxury 2 bedroom cave house. Which would command a rent of approx €400 per week. Request More Info |
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| Date added: 2009-11-03 09:32:31 Hits: 608 | |
