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Commercial for sale in Orgiva

Enchanting Spanish Posada with separate owner accommodation.

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This is a rare opportunity to purchase a large property within Orgiva


Village: Orgiva
Price: 550.000€
Beds: 7
Baths: 5

Build Size m²: 476
Land Size m²: 600
Status: For Sale
Ref. Number: 127

Full Description: The property was formerly the local Posada or Inn, and in parts dates back some 300 years ago. Partly rebuilt in the 1980´s, the property has recently been refurbished by the current owners.

The building has retained many of its Moorish features, and atmosphere. Entering the property you come upon a large courtyard with traditional water fountain and bowl, giving a coolness to the interior of the building. On the far side of the courtyard is an Arabic archway giving access to the gardens and pool. Gazing up your eyes are drawn to the first floor balcony, with its wooden balustrade.

From the inner courtyard, there is a staircase leading to the owners´ entrance and balcony. The accommodation leading from the balcony has yet to be completed, giving a future owner the advantage of configuring this part of the building to their own needs. There is potential for developing either 2/3 further apartments, B&B bedrooms with en-suite, a studio/conference rooms, or any combination. This floor could also be directly connected to the owner’s apartment to enlarge the accommodation. Services are in place. Returning to the ground floor there are two rental apartments off the courtyard, with a third being accessed from the garden. These self-contained apartments have working kitchens and are fully fitted for long term residence, although the current owners only let on a short term basis for holiday visitors. There is scope to let these apartments throughout the year, the current owners preferring to only operate for only six months of the year.

This lovely property benefits from beautiful terraced gardens with various plants and trees. The garden is complemented by a large illuminated swimming pool, equipped with a chlorine free ionisers cleansing system. To the rear of the gardens is a large single garage, and rear entrance, giving the owner off street parking. Whilst this property is located on the southerly edge of town and offers wonderful views from the garden, it remains only a few minutes walk from the high street with its shops, bars and restaurants.

There are many different opportunities here for using the property as a business. It could be managed as a bijou hotel, a series of private apartments, a group venue for holidays or business conferences, with the owner enjoying private accommodation on site. The property must be seen to appreciate the vast potential it has in a fast-growing tourist area of Spain, close to both beaches and the mountains.

The owners´ private accommodation consists of:
· large open plan lounge/dining area with views of the valley and surrounding mountains
· kitchen
· 3 bedrooms, master with on suite & southerly terrace
· family bathroom
· garage and off street parking
The rental accommodation consists of:
· 2 x 1-bedroom self contained apartments, including furniture and fittings
· 1 x 2-bedroom self contained apartment, including furniture and fittings
· possible 2 x 2-bedroom accommodation awaiting completion
· garden and pool

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Currency Guide:
  • € 550.000
  • GBP 499.565
  • USD 757.075

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