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Ref: Cortijo Molino
Property marketed by Calida Homes Property Consultancy
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Large renovated country house with 6 bedroom, 2 bathrooms and land in Vélez-Blanco
This property is unique. Situated in a stunning location, perched halfway up the hillside overlooking the valley, it has mesmerizing views. And what a property it is!
It features a working flour mill built some 300 years ago with a water source running beneath the house. It is a truly cavernous property, much of which has been renovated. It is large enough to be converted into a hotel or rural retreat and offers great scope for rural tourism.
It is beautifully located on a paved road, in a peaceful setting halfway between picturesque Vélez-Blanco and bustling Vélez-Rubio, and just a few minutes' drive from the motorway that will take you to the coast (45 minutes) or to Granada in less than two hours. The house is set on a large terraced plot with running water from the hillside and two spring-fed ponds, several almond and olive trees, and a huge garage currently used to store tractors and other farm machinery. a carpentry workshop and a section for animals. There is a good-sized goat pen built in separate blocks and a small outhouse with its own fireplace: a lovely place for a winter getaway!
Through the wrought-iron gate, you can enter the front of the property through an enclosed courtyard with a built-in barbecue. The house itself has been extensively renovated with its six bedrooms, two bathrooms, three living rooms, and two kitchens, but there are still many more rooms that have potential for further living quarters. These are currently used for storage, and in the past, some were used as animal or crop storage.
The house has electricity and water comes from a well.
Whether you are looking for your dream family home or taking advantage of its potential for rural tourism, this property is an incredible opportunity. So please contact us to arrange a viewing.
This property is unique. Situated in a stunning location, perched halfway up the hillside overlooking the valley, it has mesmerizing views. And what a property it is!
It features a working flour mill built some 300 years ago with a water source running beneath the house. It is a truly cavernous property, much of which has been renovated. It is large enough to be converted into a hotel or rural retreat and offers great scope for rural tourism.
It is beautifully located on a paved road, in a peaceful setting halfway between picturesque Vélez-Blanco and bustling Vélez-Rubio, and just a few minutes' drive from the motorway that will take you to the coast (45 minutes) or to Granada in less than two hours. The house is set on a large terraced plot with running water from the hillside and two spring-fed ponds, several almond and olive trees, and a huge garage currently used to store tractors and other farm machinery. a carpentry workshop and a section for animals. There is a good-sized goat pen built in separate blocks and a small outhouse with its own fireplace: a lovely place for a winter getaway!
Through the wrought-iron gate, you can enter the front of the property through an enclosed courtyard with a built-in barbecue. The house itself has been extensively renovated with its six bedrooms, two bathrooms, three living rooms, and two kitchens, but there are still many more rooms that have potential for further living quarters. These are currently used for storage, and in the past, some were used as animal or crop storage.
The house has electricity and water comes from a well.
Whether you are looking for your dream family home or taking advantage of its potential for rural tourism, this property is an incredible opportunity. So please contact us to arrange a viewing.
Property Features
- 6 bedrooms
- 2 bathrooms
- 857m² Build size
- 19,266m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
18,990€
Final Payment of 90% on completion
197,910€
Property Purchase Expenses
Property price
219,900€
Transfer tax 8%
17,592€
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.
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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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.



