For sale Villa Costa Del Sol Casares € 1.675.000,-
The Villa is located in the Sierra Bermeja. Photography cannot alone capture the beauty of this property and the tranquillity of the location. It really does have to be seen to fully appreciate this wonderful home. It is accessed through an 8 minute (3km) gravel road with electric gates that lead to a private drive where you will find ample open parking area with a 2 car garage and 3 car covered carport. On the main road 500 meters away, you will find some fabulous venta restaurants. The town of Estepona is a short drive away where you will find all the facilities one would expect from a bustling and thriving coastal town.
The villa truly eradicates luxury, elegance and comfort. It has three separate, very private living units close to one another while maintaining privacy. The estate is set within a lush, green and very well maintained garden with mature fruit trees and Mediterranean planting scheme, lots of grass and flower borders. The villa is ideal for the larger family or for someone looking to run a business such as a wedding venue or small boutique bed and breakfast or yoga retreat or boot camp etc. The current owners have accounts for the past 2 years where they have run the villa as a Wedding venue with a good return of over 8% gross per annum.
The villa provides spacious and extremely comfortable accommodation for 20 across 10 bedrooms and 9 bathrooms. The villa is divided into three separate self-contained houses with all big living areas and fully fitted kitchens. The main house sleeps 12, the river apartment sleeps 4 sleeps and the separate guesthouse sleeps 4. All of the buildings and all of the accommodation is very elegant and immaculately clean and well maintained.
All three properties have several private corners, terraces with lounge and seating areas and BBQs. The garden offers various hikes both in and outside the grounds of the estate. The garden has many authentic touches like an old ruin which has been converted into a fitness studio, old baking ovens and rock formations from ancient buildings. The large heated outdoor swimming pool is surrounded by sunbathing areas with lounge chairs, a large sunken Jacuzzi, and a covered bar area with BBQ facility. The heated indoor pool is in a separate building and has a sauna, shower and toilet facility along with a mini gym.
As a business, it has been run very successfully as a Wedding venue with an average gross yield over the 2 years of 8.7% based on the full asking price of the property.