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This is a Fantastic Business Opportunity!
3 cave houses with built area of 417 m², a plot area of 2765 m², parking, storage, patios, plunge pools, 3 kitchens, 5 living areas, 3 bathrooms, and 9 bedrooms (sleeps 16).
This 3-cave complex is a unique holiday rental business that is up and running, with a 5/5 rating on Booking and an average 9/10 rating on Booking..
Plans have been approved to expand the business offerings by a further 5 cave houses and an in-ground swimming pool.
The 3 Cuevas Los Coloraos were built with exceptional care, taste and creativity. Their design blends traditional character with modern comfort. The walls are very thick, providing excellent insolation. Most of the floors are finished with a finely polished concrete, which is a quality finish, traditional in this region. The caves were designed to let in natural light. All of the patios are fully enclosed. The houses are equipped with amenities for holiday rentals.
These cave houses offer a peaceful getaway, with spectacular views of the valley, planted with olive trees, and the surrounding mountains. There are views of the countryside and mountains from wherever you are on the property. From the highest point the view is 360°.
Cueva la residencia is the largest of the 3 houses. The spacious private patio is designed for relaxing in sun or shade, or for dining al fresco. There is a driveway for parking.
There is a living room, dining room, a kitchen, 3 bedrooms, a bathroom and a utility/storage room. Next to the living room is a fireplace. The upstairs bedroom is outbuilt and has air conditioning/heating.
The interior design matches the natural cave design organically, with charming niches carved into the rock and nicely incorporated details. Features include a stone wall in the kitchen and a skylight above the staircase.
Cueva el bandito and cueva la cuadra each have a private front patio with stone inlaid floors, built-in plunge pools, benches and planters. There are portable wood burning stoves to heat the plunge pools, offering a cozy, blissful outdoor experience. Cueva La Cuadra also has a pergola. Each cave has a back terrace with views. Private parking is in front of the caves.
Cueva el bandido has an eat-in kitchen, bathroom, living room, two double bedrooms and a private back terrace. The kitchen is outbuilt and has an air conditioning / heating unit. This cave sleeps 4 guests.
Cueva la cuadra has a galley kitchen, dining room, two double bedrooms, two single bedrooms, bathroom, and a beautiful, relaxing living room that opens to the back patio with views of the village. This cave sleeps 6 guests.
The unreformed caves are situated behind the main house and can be reformed to make 5 additional holiday homes with patios, walking paths and a swimming pool. The plans for this transformation have already been drawn up by an architect and approved by town hall.
This complex could be a unique and stunning retreat center for yoga, meditation, writers, artists, family gatherings, or anyone looking for a peaceful, healthy getaway connected to nature.
The region
Cuevas Los Coloraos is situated on the outskirts of villanueva de las torres, a small, quiet village with basic shops, a couple of simple bar/restaurants, a pharmacy, bank and medical office. Village amenities are within walking distance. Villanueva de las Torres is located 79 km (47 miles) northeast of the historic City of Granada.
The property faces the gorafe and los coloraos desert mountains and gor canyons s. These stunningly beautiful mountains and canyons form a dramatic landscape of rock formations, similar to those found in the Grand Canyon (minus the crowds!). This incredible geology attacts nature lovers, hikers, mountain bikers, hang gliders and 4x4 enthusiasts.
The first communities of prehistoric humans on the Iberian Peninsula lived in this area and the land is peppered with ancient dolmens. The neighboring village of Gorafe has been declared a geosite and is home to the Gorafe Megalithic Center.
Nine kilometres (5.6 miles) from Cuevas Los Coloraos is the Alicún de las Torres Balneario thermal spa, with indoor and outdoor hot springs pools.
The region was declared a unesco geopark in 2020 and has been receiving more visitors every year.
Electricity - connected
Town water - connected
Sewerage - connected
Internet - yes
Title deed present - yes
Land registry present - yes
Features
3 reformed caves
3 unreformed caves
Orientation: southeast
Built area: 417 m2 | Plot area: 2765 m2
Land 2600 m2 approximately
Ready to move in
9 bedrooms (7 double bedrooms + 2 single bedrooms)
3 bathrooms
3 kitchens
5 living/dining areas
Storage/utility room
Very thick walls
Fully enclosed front patios
Sun terraces
Stone inlaid patios
Plunge pools
Pergola
Parking
Views
Quiet country road on the outskirts of the village
Good access
Amenities
Furniture included
Kitchens are equipped
Wood stove in main house
AC/heating in outbuild
Wood-burning heaters for the plunge pools
3 cave houses with built area of 417 m², a plot area of 2765 m², parking, storage, patios, plunge pools, 3 kitchens, 5 living areas, 3 bathrooms, and 9 bedrooms (sleeps 16).
This 3-cave complex is a unique holiday rental business that is up and running, with a 5/5 rating on Booking and an average 9/10 rating on Booking..
Plans have been approved to expand the business offerings by a further 5 cave houses and an in-ground swimming pool.
The 3 Cuevas Los Coloraos were built with exceptional care, taste and creativity. Their design blends traditional character with modern comfort. The walls are very thick, providing excellent insolation. Most of the floors are finished with a finely polished concrete, which is a quality finish, traditional in this region. The caves were designed to let in natural light. All of the patios are fully enclosed. The houses are equipped with amenities for holiday rentals.
These cave houses offer a peaceful getaway, with spectacular views of the valley, planted with olive trees, and the surrounding mountains. There are views of the countryside and mountains from wherever you are on the property. From the highest point the view is 360°.
Cueva la residencia is the largest of the 3 houses. The spacious private patio is designed for relaxing in sun or shade, or for dining al fresco. There is a driveway for parking.
There is a living room, dining room, a kitchen, 3 bedrooms, a bathroom and a utility/storage room. Next to the living room is a fireplace. The upstairs bedroom is outbuilt and has air conditioning/heating.
The interior design matches the natural cave design organically, with charming niches carved into the rock and nicely incorporated details. Features include a stone wall in the kitchen and a skylight above the staircase.
Cueva el bandito and cueva la cuadra each have a private front patio with stone inlaid floors, built-in plunge pools, benches and planters. There are portable wood burning stoves to heat the plunge pools, offering a cozy, blissful outdoor experience. Cueva La Cuadra also has a pergola. Each cave has a back terrace with views. Private parking is in front of the caves.
Cueva el bandido has an eat-in kitchen, bathroom, living room, two double bedrooms and a private back terrace. The kitchen is outbuilt and has an air conditioning / heating unit. This cave sleeps 4 guests.
Cueva la cuadra has a galley kitchen, dining room, two double bedrooms, two single bedrooms, bathroom, and a beautiful, relaxing living room that opens to the back patio with views of the village. This cave sleeps 6 guests.
The unreformed caves are situated behind the main house and can be reformed to make 5 additional holiday homes with patios, walking paths and a swimming pool. The plans for this transformation have already been drawn up by an architect and approved by town hall.
This complex could be a unique and stunning retreat center for yoga, meditation, writers, artists, family gatherings, or anyone looking for a peaceful, healthy getaway connected to nature.
The region
Cuevas Los Coloraos is situated on the outskirts of villanueva de las torres, a small, quiet village with basic shops, a couple of simple bar/restaurants, a pharmacy, bank and medical office. Village amenities are within walking distance. Villanueva de las Torres is located 79 km (47 miles) northeast of the historic City of Granada.
The property faces the gorafe and los coloraos desert mountains and gor canyons s. These stunningly beautiful mountains and canyons form a dramatic landscape of rock formations, similar to those found in the Grand Canyon (minus the crowds!). This incredible geology attacts nature lovers, hikers, mountain bikers, hang gliders and 4x4 enthusiasts.
The first communities of prehistoric humans on the Iberian Peninsula lived in this area and the land is peppered with ancient dolmens. The neighboring village of Gorafe has been declared a geosite and is home to the Gorafe Megalithic Center.
Nine kilometres (5.6 miles) from Cuevas Los Coloraos is the Alicún de las Torres Balneario thermal spa, with indoor and outdoor hot springs pools.
The region was declared a unesco geopark in 2020 and has been receiving more visitors every year.
Electricity - connected
Town water - connected
Sewerage - connected
Internet - yes
Title deed present - yes
Land registry present - yes
Features
3 reformed caves
3 unreformed caves
Orientation: southeast
Built area: 417 m2 | Plot area: 2765 m2
Land 2600 m2 approximately
Ready to move in
9 bedrooms (7 double bedrooms + 2 single bedrooms)
3 bathrooms
3 kitchens
5 living/dining areas
Storage/utility room
Very thick walls
Fully enclosed front patios
Sun terraces
Stone inlaid patios
Plunge pools
Pergola
Parking
Views
Quiet country road on the outskirts of the village
Good access
Amenities
Furniture included
Kitchens are equipped
Wood stove in main house
AC/heating in outbuild
Wood-burning heaters for the plunge pools
Property Features
- 9 bedrooms
- 3 bathrooms
- 417m² Build size
- 2,765m² Plot size
- Swimming Pool
- tastefully decorated
- built to high standards
- full of character
- outskirts of town
- quiet location
- close to shops
- garden
- terrace
- parking
- mountain views
- historic area
- countryside views
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
28,000€
Final Payment of 90% on completion
279,000€
Property Purchase Expenses
Property price
310,000€
Transfer tax 10%
31,000€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
Mortgage Calculator
Mortgage Amount:
310,000€
Deposit:
€
Interest Rate:
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Period:
Mortgage Result
* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.
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In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
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