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House For Sale In Salinas, Near Alicante,spain
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Property features
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  • A magnificent productive country estate of over 600 acres
  • With numerous development options
  • some with planning
  • About 125 hectares of some 250 hectares now in cultivation
  • Annual income is 70,000 to 100,000 according to weather
  • Additional annual grant for 5 years at 33,000
  • could increase
  • 64,000 trees include 20,000 olive
  • 38,000 almond
  • 4000 vines
  • Plant further 125 ha for potential for on-site wine production
  • Hunting licences for whole estate
  • wild boar
  • rabbit
  • partridge
  • Potential to convert original finca to houses or a small hotel
  • Just 5 minutes from local village
  • 10 to Sax and 50 to Alicante
Property description
With a Guide Price of 3,500,000 for this unique estate, all realistic offers will be seriously considered.

THE ORIGINAL FINCA

The original finca comprises three large buildings which incorporate many of their original features, including a bodega. There are two possibilities for the development of the finca, being three separate houses or combining the buildings into a boutique hotel, with 24 bedrooms. Preliminary drawings for the hotel project have been produced and are available on request.

With all the wonderful country facilities on and adjoining the estate, including the hunting possibilities, endless cycle trails and walking, rock climbing and camping, combined with the easy access to the coast, and the city and international airport of Alicante, this seems to be the ideal location for such a niche hotel.

The existing architects drawings illustrate how the buildings may look when the work has been completed and demonstrate how attractive the result will be.

THE LARGE HOUSE PROJECT

A detailed development project to convert an existing building has also been prepared. This is sited on protected land and has the benefit of fantastic views. With the possibility of building up to 530 m (5705 sq ft) of luxurious accommodation, this presents a highly unusual and sought after opportunity.

THE BUILDING PLOTS

Elsewhere on the estate, there is the possibility of further development on a private and protected area of some 500,000 m or 123 acres. It is considered that four or more houses might be built here. No plans or drawings have been prepared for such a project as yet.

ADJOINING LAND

A further 1500 acres which once formed part of the estate has been adopted by the local authority for preservation and this protection, coupled with the fact that it is land locked by the estate, means that it cannot be built on. This is predominantly pine forest and a mountainous area.

THE OWNERS' RESIDENCE

It is often said that, however stunning the photographs of a truly exceptional property may be, they seldom, if ever, do that property justice. This is a classic example of such a situation for, although we are able to illustrate this feature with a superb selection of photos of the main residence and although they go a long way to demonstrate the thought, care and, above all, luxurious quality which have resulted in a fabulous home, it needs a detailed inspection for these attributes to be fully understood and appreciated.

Completed just a few years ago, the design and construction of the residence take full advantage of its fabulous position, providing quite breathtaking views over the estate and surrounding protected countryside. Peace and quiet are here in abundance, yet this is the hub of a dynamic working estate, already producing a satisfying income from its olive trees, almond trees and vines and ready, in the hands of its next equally visionary owner, to deliver so much more as a result of taking advantage of the many opportunities which it offers.

The residence provides some 360 m or 3875 square feet of superbly proportioned, single storey accommodation. There are Winter and large Summer lounges, each having a working open fireplace, separate dining room and large kitchen. This is extensively fitted with high quality hardwood units and a range of built in appliances, including oven, hob, microwave, dishwasher, refrigerator and freezer.

The separate utility has a further range of fitted furniture providing ample storage facilities and includes a sink, washing machine and two fridges.

In addition to the large principal bedroom, the master suite incorporates a dressing room and en suite bathroom fitted with bath, separate shower, wash basin, bidet and WC. The three further bedrooms are served by the well appointed family bathroom.

The residence has full central heating and air conditioning and the benefit of a 24 hour security alarm system. It is surrounded by perimeter fencing and accessed via an in and out driveway.

The fully landscaped walled garden extends to about half an acre and includes the floodlit swimming pool, being 11m x 5m (36 ft x 16ft). There is a barbecue with chimney and an outside changing room and shower room.

This exceptionally fine and superbly located home is ready to move into and includes the high quality furniture and furnishings.

AGRICULTURAL & VINEYARD PRODUCTION

The Estate includes a non-irrigated Organic Farm of about 250 hectares with some 125 hectares currently in cultivation.
There are around 64,000 trees with some 20,000 olive trees, about 38,000 almond trees and 4000 grape vines. All are registered ecological.

The income derived from this is in the region of 70,000 to 100,000 a year, depending on the weather. The Farm has all the necessary machinery for tilling, harvesting, cleaning etc. and all small machinery to work the land. There is also an annual grant in place, for 2015 this was 30,000.

There is huge potential to plant many more Vines with a fallow area of some 125 hectares and to develop the vineyard by introducing wine production on the Estate. The 4000 (approximately) Grape Vines are planted on around 10,000 square meters. They are White grape Muscatel. These are very old vines, which seem to have a recumbence. There are currently no wine making facilities on site as the grapes go to a co-operative, but this would be a very viable proposition if worked full time. There are no current contracts in place.

One of the neighbouring Estates has a very successful wine making business with a similar quantity of vines, with all production sold to an upmarket outlet for around 34 euros per bottle.

New boreholes and an irrigation system are currently being installed on the Estate and it is expected that these will double the current yield and increase the land value by eight times.

HUNTING OPPORTUNITIES

The estate now has the significant advantage of having obtained full private hunting licences. These apply to the entire estate and are for the hunting of wild boar, partridge and rabbit.

Such licences are notoriously difficult to obtain and their existence opens up great opportunities to market to and cater for hunting parties from all over the world, so generating significant additional income.

GENERAL INFORMATION

Access
The property is set in a tranquil location, yet not isolated, the local village of Salinas being only 5 minutes away with basic facilities including a small supermarket, shops, banks, tapas bars, restaurants and cafes.

The town of Sax is located just 10 minutes away, situated in the middle of the Vinalopo valley. The Castle in the town is on a huge mountain overlooking the quaint town. There are numerous sports facilities and recreational areas which are well kept and ideal for walks.

The property is located 50 minutes to the North West of Alicante. Alicante would be the main business centre and has full Shipping Port facilities and an International Airport. You also have good access to the Ports and Airports at San Javier, Murcia (1hr 40mins) and Valencia (1hr 50mins). Access is from the A31 road at the town of Elda and then via secondary and private made and unmade roads.

Services
Electricity Independent large generator
Water 2 Boreholes
Heating and Hot Water Solar power full central heating
Air conditioning
Plumbing/Drainage - Private
Security 24-hour security alarm, perimeter fencing
Internet, satellite, and private mobile mast

SUMMARY

The Estate has been valued at 4,795,000. This does not include the uplift in value of the newly irrigated land or increase in production that this will generate.

The asking price of the Estate at 3,500,000 represents superb value for money and an excellent long term investment, set in a spectacular location.

CONCLUSION

This property is, indeed, a rarity. It is quite remarkable to find an estate which already provides so much and yet still has so much more to offer. Even more extraordinary is to find it just 50 minutes drive from Alicante, one of Southern Spains most delightful cities, from Alicante International Airport and from all the many attractions of the coastal area, including golf courses, marinas and a whole host of other amenities for adults and children alike.

Through their vision and determination, the present owners have already achieved a major transformation and now, with considerable reluctance, they are moving on. A discerning purchaser with similar vision has the opportunity to take full advantage of the substantial investment which has already been made and the many possibilities waiting to be converted into reality, whilst enjoying a wonderful country home.

IMPORTANT NOTICES

These details are provided and intended as a general guide only and do not form a contract or any part of a contract. Intending buyers must make their own investigations and are advised to take appropriate independent legal advice. The final sale price may vary due to currency exchange fluctuations.
Not applicable, Salinas, near Alicante, Comunidad Valenciana, Spain
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