6 bedroom Farmhouse for sale with countryside view with Income Potential in Adamuz, Andalucia
The spacious 1,294m2 of house and old mills comes with a huge courtyard patio and sits in almost 9 acres of land with olive groves and provides exciting income possibilities such as bed and breakfast and/or activity centre.
In need of complete renovation, this is an amazing opportunity to purchase a unique complex of beautiful old buildings in the olive groves of Cordoba province, 13 Kms from the pretty town of Adamuz and 30 minutes from the city of Cordoba.
Set in wonderfuly natural countryside where wild deer, mountain goats, wild boar and Iberian lynx are o...
The spacious 1,294m2 of house and old mills comes with a huge courtyard patio and sits in almost 9 acres of land with olive groves and provides exciting income possibilities such as bed and breakfast and/or activity centre.
In need of complete renovation, this is an amazing opportunity to purchase a unique complex of beautiful old buildings in the olive groves of Cordoba province, 13 Kms from the pretty town of Adamuz and 30 minutes from the city of Cordoba.
Set in wonderfuly natural countryside where wild deer, mountain goats, wild boar and Iberian lynx are often seen, the property is accessed along a very short track from the country road, around 10 minutes outside Adamuz village.
This marvellous complex offers many possibilities for anyone looking for an adventure and a complete change of life.
The main house has 6 bedrooms, a large bathroom, 3 living/dining rooms and kitchen, on two floors.
It has beautiful old features such as fireplaces, a huge walk-in 'inglenook' fireplace, amazingly thick walls, traditional wooden windows and doors, beautiful, unique round-topped windows, and some impressive beams.
There are other buildings too, most of which border a wonderful inner courtyard (124m2) with a walled and gated entrance and original cobbled floor, dotted with trees.
There are two old mills, complete with equipment, one on two floors, and several other patios.
The land is entirely planted with productive olive groves.
This property is an ideal property for renovation as a large family home with guest accommodation, or as a bed and breakfast, preserving all of its wonderful old world charm.
The business could be combined with activity holidays such as walking, riding and cycling.
It would also be the absolutely perfect location for a training centre for anything from Spanish or Andalusian cookery courses or language courses and wellness, to yoga or dieting, relaxation or recuperation, painting, or training of any type.
The complex can obtain planning permission for renovation, including a pool.
For more details please get in touch.
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This Farmhouse is located in Adamuz in Spain
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Buying a Property in Spain
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.