REDUCED: Cortijo Carmela - UNIQUE INVESTMENT OPPORTUNITY

"REDUCED PRICE : Now €640,000.- but with an effective selling price of €520,000.- for the existing properties. The buyer must take into account that €120,000.- of the total advertised price will be destined to support a new Urban Infrastructure plan, which may commence in Spring 2022, and thus be liable for stage payments  as the project progresses over a planned period of 30 months. This Urbanization plan positively affects the property as it is now classified as URBAN and permits a total build of 5 properties on the current plot of 4322m2. This means that in addition to the 2 existing villas, 3 more properties may be constructed, or alternatively, adding to the existing structures to give up to a total build area of  627,55m2 would be permitted, with application to Vinuela Town Hall. Therefore taking the new Infrastructure costs into account, Cortijo Carmela would effectively be sold for €520,000.- The unique attraction of this property are the TWO fully equipped, self contained villas located in a prime position with stunning views, a short walk to Lake Vinuela and the 4* Hotel La Vinuela. The location has excellent access, close to local amenities and facilities, bank, health centre, veterinarian, pharmacy, and yet having privacy and and security,  Each villa is of a different style, the original of the two with turret has a more traditional Spanish look, with Andalucian features and bricked arches, whereas the newer villa has been renovated to a very high standard with "Boutique Hotel" theme throughout, making it an excellent  business proposition. An extensive terrace surrounds the pool and pool bar, at the rear of the property a large BBQ terrace and outdoor kitchen for alfresco entertaining, and a roof terrace sharing stunning 360 degree views including looking at majestic Mount Maroma to the east. More information  and visuals can be seen on the walkthrough video. Please contact us for any further details.

Contact Tim : +34 696522171 "