Property Information Sheet

Cortijo Ruin - Olvera

 

 
Property Details at a glance

Reference: fp87
Location: Olvera
Approximate square meterage: 50/9,650 - 65,000
Total bedrooms: Total bathrooms/WC:
NoPatio NoTerrace No Garden NoParking
NoGarage YesHouse NoApartment  
YesReform Property Total


WAS 75,000€

with 9,650sqm land
Now 69,000€ +7% tax

with 65,000sqm land
129,000€ +7% tax

This ruined cortijo is the ideal opportunity for someone who wants a cheap country property in Olvera when built at actually half of the normal cost. Access to the land is easy in any car, and it is only a few kilometres from Olvera. Permission has been granted to build a 100sqm chalet in the ruined cortijo's place and this would provide a 3 bedroom home at a cost of around 75,000€. In addition, you would need solar power (approx.12,000€ for a very good system allowing many appliances). There is a unfinished well - just the perforation to date, and 24m of water has been measured but it would be advisable to also sink a 30 or 60,000 litre water tank as there is no access to town utilities.
If you do the sums, this means a lovely new country house in a fantastic location, with stunning views of Olvera, for a little over 170,000€!

Buy the cortijo and 9,650sqm sqm for 69,000€, or the cortijo and the total 65,000sqm plot for 129,000€. Also the opportunity to buy another 40,000sqm from adjoing neighbours.

Buy and build this in the campo whilst you still can!!