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

Oliver Merlin (with his partner Sarah) is planning to buy property with 6 - 12 bedrooms, 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 €300,000 from investors. This project represents a relatively low-risk, hi-return investment.

This will represent c.30% of the value of the business and the funds will be used to complete the purchase and start-up of the business. The remainder will be covered by Oliver and Sarah and a mortgage. Plans include a roof-top bar and terrace, a yoga area, and a tasteful swimming pool.

If you are interested in finding out more, please call or email Oliver. You can make contact directly in one of the following ways:

Mobil 07837 589 893

email

Oliver@latitude38.co.uk

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.