Finca - Cortijo 8 Bedrooms in Gaucín
Description
INVESTMENT OPPORTUNITY:
This is a unique opportunity to buy a real Finca-Cortijo in Andalucia together with a young avocado plantation. There is a total built surfaces of 1.800 m2, 70.000 m2 of fully fenced land including 23.000 m2 of productive avocado plantation with all the water they need and all the irrigation system installed and working perfectly.
The constructed areas include the main house which in the old times was a water mill, guest housing facilities, staff house, winery, storage, porche areas and floored terraces.
The avocado plantation now has 950 trees, but this is only 23.000 m2 out of 70.000 in total. There is still room for more. The plantation is a flat area so its much easier to work on them and collect. The main supply for the avocados is water. The finca not only has 500 m long riverside, but also 3 wells. With only one of them there is plenty of water for everything.
Furthermore, there are different orange, lemons, olive trees and vineyards.
The access is as simple as driving the road from Manilva to Gaucin. It takes just about 25 mins down to the beach, or 30 mins to Guadalmina or Sotogrande.
Estimated 5 year ROI over the plantation value, 59%.
Estimated f year ROI over the total purchase, 21%. (not considering any productivity from the housing facilities, but it would be ideal for rural tourism).