3 bedroom House for sale in Riogordo, Andalucia

230,000 EUR 197,800 GBP 248,400 USD

Reference: 227536

Bedrooms: 3
Bathrooms: 1
Plot Size: 2.97 hectares / 7.34 acres

Features

Fruit Trees
Lake or River Included
More Land to Buy
Fireplace
Possible Extra Dwellings
Outbuildings
Potential for Income
Private
Quiet Area
Parking
May Require Improvement

Details

Located in a quiet setting just 300m from the village of Riogordo, this extremely unusual little treasure, a house requiring non-structural renovation, set on a huge mature plot of just under 10,000m2, with productive olive trees, an area of urban land and 19,720m2 of useable land, with a beautiful river and a fascinating cave running along one side of the plot.

This lovely country house only requires a small amount of renovation, has a front patio with views of the village and a rear courtyard with 2 outbuildings and around 4,000m2 of build-able land, all within a short walk of the village.

All along one side of the plot is a delightful river, with the water rushing over the rocks and past a huge, impressive cave, visible from a side, walled garden, which we will call the 'river' garden. The property also benefits from a large car parking area, plenty of garden area and anan impressive swimming pool.

This country property has huge potential - the outbuildings could be converted into a guest annex, or one could use the urban land to build a number of other houses, all part of the town hall PGOU, or town urban plan.

Gates lead into a a car park. Ahead is the house and garden. To the right, the rest of the plot stretches out into the countryside, with the beautiful straight lines of the olive trees glistening in the sunshine, as far as one can see. There are over 180 mature olive trees, currently being looked after by a local farmer and there is more land available for planting. At the far end of the olive grove, where now a neighbouring house stands, there used to be a water wheel, or NORIA, and the current owners still remember it, and remember bathing in the river as children in the long Summer holidays.

Ahead is a garden area, and the house, with its front covered porch with views towards the village, facing south/east. And to the left of the garden area, sweeping steps lead up to the pool area.

The house opens into a large living room with large fireplace at one end (6 x 3.75m). A large bedroom leads off the living room to the right (4 x 3.75m), and to the left a door leads into the kitchen (4 x 2m) which is very basic at the moment, with the bathroom next door (2.5 x 2m). From the living room, a short corridor straight ahead leads to 2 further very large bedrooms, to left and right (sizes 4 x 3.2m and 4.5 x 3.2m) and at the far end of the corridor a door leads out to the rear walled patio. The patio is open, but there is a covered area to the right (around 20m2) and side door back out to the garden, plus a store room (20m2) to the left and the entrance to the walled garden, or 'river' garden, where one can contemplate the river and the cave beyond.

This is a perfect, easy renovation project. There are any number of possibilities with this property, ideal for everything from rural tourism, to building further houses, or even looking to live as self sufficiently as possible. And all within a stroll from the village, with plenty of excellent facilities.

This property is unique - it will not be on the market for long.

Show Map

Spain Property Buying Guide

1. Putting down a Holding Deposit

On finding a property you wish to purchase you will need to negotiate the terms, price and conditions of the sale with the owner. This part of the process is not binding. We would recommend using an independent English speaking legal advisor. Once a purchase price has been agreed, normally a holding or reserve deposit will be required to ensure the property is removed from the market. The sum required will vary between properties and will be based on the purchase price. A time limit for the preagreement to be signed will be arranged and there will also be legal checks to be made.

2. Setting up a Pre-agreement (Contrato privado de compraventa)

The pre-agreement will set out the conditions under which the Buyer and Seller agree to complete the purchase of the property and the price they have agreed upon. Relevant details will generally be included for example the property details, purchase price and the date for completion. A deposit will be required at this point, this will vary, but will generally be 10% of the agreed price. This agreement will include a penal clause if the sale does not go through. If the seller pulls out of the sale your compensation will be double the deposit you have paid, but if you decide not to go through with the sale then your deposit will be lost. Certain checks will need to be made before signing the contract, checks should be made against the title of the property, mortgage status and if the property has any debts held against it. The planning status should also be looked into. These conditions can be varied by the seller and the buyer and other types of agreement can be made.

3. The Contract (Escritura de compraventa)

Before a non-Spanish purchaser can buy a Spanish property they will need to have set up a Spanish bank account and obtained a Spanish tax number (NIE). The completion will take place in the presence of a Notary Public. This is a Spanish public official, by law the deed of sale must be witnessed by a Notary Public. You will also need your own independent, expert legal advisor to act on your behalf. On Completion the buyer must pay the balance, that is the price agreed after the deposit has been deducted, plus any other fees on the completion date. Both buyer and seller must sign the Escritura de compraventa contract, (this is the Spanish equivalent of the title deeds). The title deeds (escritura) will be given to the buyer, this will be done in the presence of a Notary Public, they will certify that the transfer has taken place. The tax office will be sent a copy and the property registry will be informed of the transfer.