Astbury Formentera Property Blog

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We hope you like our new blog which we will keep updated with regular news about property on the beautiful island of Formentera.

Beautiful house for sale in our Formentera property portfolio

Written by Oliver Merlin

This project represents a relatively low-risk, hi-return investment.

Oliver Merlin (with his partner Sarah) is planning to buy a beautiful 5 bedroom hotel, situated 150 metres from the beach at the end of the Platja Migjorn.  The pre-existing building requires little work and he is looking for €250,000 from investors.

This will represent 30% of the value of the business and the funds will be used to help complete the purchase and start-up of the business.  Plans include a roof-top bar and terrace and putting in a tasteful swimming pool.

The minimum investment is €10,000 and there are 3 ways to invest, namely: debentures, shares or simple loans.

The debentures can be for 5 - 10 years and guarantee you future holidays on the island, purchased at today’s prices.

The share option gives you a share in the business depending upon the size of your investment.

The loan option is a simple loan that offers a guaranteed rate of interest and an agreed end date.

If you are interested in finding out more, please click on the link below where Oliver has posted 3 key documents: the business plan; an Investors Prospectus; and a key figures projection document.

You can make contact directly in one of the following ways, or you can contact us to find out more.

Telephone    07788 682 220 or 07887 835 831

email        Oliver.merlin@emimusic.com     or     olivermerlin@hotmail.com

Situated 3 km from the picturesque village of Almedinilla, this property is within easy distance to Granada, Jaen or Cordoba.

The main ‘Cortijo’ or farm house is a listed ‘Casa Rural’ with a license to operate by the tourist board. Built on two floors with 200m2 of living space with terraces.

The accommodation consists of two spacious apartments of 90m2 each with two bedrooms and bathroom in each.

Each apartment is fully furnished with a fitted kitchen and complete with well maintained bathrooms and shower facilities.

The accommodation benefits from both an open fire / chimney, and central heating for the possibility of hosting guests all year round.

Swimming pool, BBQ and sun terraces.

This property is also a working farm and as such, has outbuildings, machinery, manpower and all of the infrastructure required for agrotourism and trekking.

There is a working olive grove attached to and owned by the property, of 15 hectares (150,000 m2).

This provides approx 60,000 litres of grade 1 virgin olive oil.

This location is ideal for excursions into the national park.

It could be converted or used as a riding centre with holiday accommodation.

The property has massive potential to earn revenue at the same time as providing a home with a unique ambiance in a fantastic location.

The apartment has one bedroom, a clean and functional bathroom and terrace with sea views. Roof top terrace.

Highly rentable through the summer season, investors will see a good return.

The apartment building is in a quiet area, located away from any noise associated with passing traffic.

Everything is included in the purchase of this apartment and there is no major works needed in order to get the apartment into a good condition.

The property and surrounding land has been beautifully kept.

It benefits from a large swimming pool, and a fantastic location- only 400 metres away from Migjorn beach.

The apartments are very well kept, they are sunny and spacious.

There is mains electricity, a cisterna and sweet water wells which can be utilized to maintain the swimming pools.

Viewing of this property is highly recommended, as properties of this quality do not often come on to the market.