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CO149 – El Molino, olive mill with business potential, Montoro (Cordoba)

CO149 – El Molino, olive mill with business potential, Montoro (Cordoba)
339,950€

Published on 10/03/2016 by

Address:
not specified
Zip / Town:
Montoro
Province:
Cordoba
Ref. No.:
CO149
Bedrooms:
6
Land or garden:
35,000m2

Description

Three houses (6 bedrooms – 4 bathrooms – 4 kitchens) – further outbuildings – 35,000m2 plot, pool, paddocks – garage

A stunning old olive mill that has been renovated, with rustic charm, beams and beautiful tiling and detail, to make three separate living units, with huge potential for a lifestyle business set-up, in glorious, totally unspoilt countryside.

Set in grounds of 35,000m2 with 360 productive olive trees, in the outstanding country scenery of the Montoro area of Cordoba province, this stunning original olive mill has become available for sale at an excellent price.

The mill is located just a 15 minute drive from the pretty town of Montoro, and around 45 minutes from the beautiful city of Cordoba.  There is a track of around 3Kms, and the final Km is concrete. Within the grounds, which are undulating, there is an area of approximately 5000m2 that has been fenced off around the mill, making it ideal for anyone who has dogs or other livestock. Currently the owners use the property to breed alpacas and there is an option to include some alpacas in the sale, by negotiation.

The Olive Mill is completely off grid and there are 8 solar panels and a system of batteries, plus backup generator which provides electricity to the well water pump. The system provides plenty of electricity for normal living at a very low cost and there is further equipment to develop on site.  The well provides an excellent supply of  fresh spring water all year.

The property is made up of three living spaces:

Apartment 1 – 120m2
Apartment 1 is reached via a small staircase from within a small courtyard garden which features original mill stones from when the property was a working mill. The front door leads into a large, impressive living room with vaulted ceiling and original beams. The ceiling is painted white and most of the walls are in original stonework. Patio doors open out onto a large terace with views of the land, the paddocks and the entrance courtyard. A large wood burning stove forms the centrepiece of the room and at the far end of this room is a small, but functional kitchen area. Double doors lead into a long hallway with an antique log burner at the far end. On the right is a door to a large shower room, with shower, sink and WC. Also from the hallway is access to three bedrooms.  Each of the bedrooms is large, with space for a king sized bed, and all three rooms have fitted wardrobe space.

Apartment 2 – 80m2

The second apartment is accessed through a large, wooden double gate into a huge cobbled patio area which was a part of the original working mill. Double wooden and glazed doors lead into the lounge area (6 x 3 m). A nicely decorated wooden kitchen is attached to the living area. This apartment has two large bedrooms, both large enough to comfortably accommodate king sized beds, and there are two bathrooms, one with bath and overhead shower, the other with a shower unit..

The Casita – 80m2
The Casita is set out as a large, open plan living space or studio. The space is 10m x 8m and has a big kitchen area with wooden cabinets, living area, and the bedroom area. The unique feature in the Casita is the large and luxurious ‘Poolette’ which can be filled with water and used as a plunge pool during hot weather. In the bathroom there is a wet room/shower area, double ‘his and her’ wash basins and a WC. Outside the Casita is a small patio area, which leads around to the swimming pool.

The Big Kitchen
In the middle of the property is a large indoor kitchen/dining area used as the central focal point.  This area is 5 x 5m and has ample worktop space and room for a very large dining table. Adjacent to the kitchen is a large courtyard with a covered, shady outdoor dining space.

There are a number of store rooms and a small stable which offers potential for further development or for housing animals.

The Land
Outside the majority of the 35,000m2 grounds are planted with productive olive trees. The current owners rent out the olive groves in return for a supply of olive oil and firewood each year. This could continue, or the new owners could decide to farm and collect the olives themselves in return for an income.

The swimming pool is an in-ground pool surrounded by a decked area and shaded by two large eucalyptus trees.

There are four paddocks which are currently being used to house the alpacas, but could be used to create ornamental or cottage style gardens, a kitchen garden, to plant an orchard, or to house animals.

Montoro
The nearest town, Montoro, is a traditional Spanish town with a population of around 10,000 people. The economy of Montoro is based upon the surrounding olive farms. Montoro (and Cordoba slightly further afield) is an affluent area, offering a good variety of quaint bars and restaurants. The area is the perfect place to retire to as the pace of life is wonderful. This is not an expat area, although there are around 12 foreign families living in the town and surrounding areas.

This is the perfect property for anyone looking for a lifestyle business concept, it being ideal for rural tourism, yoga retreats, health retreats, an activity holiday business, and so on.  There is potential to live and work at this beautiful property, and to invest in your own imagination, enthusiasm and creativity to make a new and more outdoor life!

Top features of El Molino:
– 280m2 of build plus outside patios, terraces and spaces
– 35,000m2 productive olive groves
– Totally unspoilt countryside
– Paddocks and outbuildings for livestock, horses, etc and garage
– Pool
– B&B or lifestyle business potential
– Off grid electrics and water, but mains electrics close by
– Council tax (IBI) is around 200€ p.a.