This charming property is an opportunity to purchase a unique property that can provide a sustainable tourist business in a fast-growing area.
This already established guest house, is easily accessed by tarmac road and offers four individual apartments for rent, each with its own character. The house has been extensively renovated with new wiring within the past three years. The property runs off mains electric with a powerful, integrated solar system that significantly cuts the cost of electric bills. The 3078m² plot has three water sources including town water, its own well and access to the community irrigation system (acequia).
The location of the property is ideal, being in a rural area but with the town a short walk away and access to the main roads leading to Marbella, Malaga airport and Malaga city, just round the corner. The area is one of the town’s greenest, being located near to the town water source, with lots of small holdings and cultivated ‘fincas’. The location also puts it on the outskirts of the nearby forest, providing extensive hiking routes and outdoor activity areas.
The manageable plot is a flat area with a slight elevation offering views across the countryside to the Sierra de las Nieves biosphere reserve. There are two separate entrances on to the plot, both with electric gates, so that the guests can have their own parking area, while the owner and workers can come and go through the other entrance. The well established, organically maintained garden consists of many fruit trees, including different types of oranges and mandarins, lemons, apple, pear, kumquat, avocados, plum, fig, custard apple and pecan as well as a decorative garden making the area round the pool a gardener’s delight.
The plot also has a large garage, which houses the solar system that is made up of 24 panels and two inverters, is completely integrated into the mains grid and works seamlessly to provide photovoltaic electricity to power the property. Also on the plot there is a 45m² open platform, ideal for yoga or other activities, a salt water pool, a full outside bathroom, a small wooden house that is large enough to be used as a massage studio and could be another small bedroom, a laundry room for all the materials for the guesthouse, and lots of outdoor seating options, including sunny and shady terraces.
Each of the four independent apartments has their own terrace, as well as communal spaces around the pool.
The four apartments are all independent with their own dedicated and metered electric circuits, hot water boilers and terraces with the complete renovation work carried out in the last three years. The property has been renovated with holiday rentals in mind and has been run successfully through Air BnB, with provable income and five star reviews, but could easily be converted back into a large family home with guest accommodation. The brand new water treatment plant is designed for a property of up to 12 people.
Apartment 1
The larger of the apartments offers two double bedrooms, a bathroom, and a large open plan lounge-dining-kitchen area. There is air conditioning, fans, and the kitchen is fully fitted. This unit has two terraces front and back with one of them opening up on to the pool terrace.
Apartment 2
This large studio has its own private garden and is currently being used by the owner as their private dwelling. The studio is very light thanks to the large patio doors along the length of the building, all double glazed so they are well insulated. There is a kitchen-dining area, lounge and bedroom with a good-sized bathroom at one end. The real joy of this unit is the semi tropical garden that offers a peaceful private space with mature bougainvillea and banana trees.
Apartment 3
The ‘casita’ is the original cottage that was built on the plot. Tastefully restored it has a studio bedroom, kitchen and bathroom.
Apartment 4
This upstairs studio has 360º views across the countryside and is also very light and airy. There is a galley kitchen, lounge-bedroom area, bathroom and at the far end a large terrace with great views across the countryside.
This property has a pre-AFO report available to any prospective buyer who would like to be reassured that the property meets all current building regulations. The property can be sold with most of the furniture and other resources needed for running a guesthouse.
Coin is becoming increasingly popular as one of the main towns inland from the Costa del Sol, as people discover the joys of inland living and the excellent resources that are on the doorstep. These include easy access to the coast, hiking and other outward-bound pursuits such as, of course, easy access to the famous Camino del Rey.
Main features:
4 independent apartments
Plenty of storage space
mature gardens and fruit trees
Solar system
Turnkey guest house solution
Good access
The Listing agent for itself and as agent for the vendor gives notice that:
1. These particulars are only a general outline for the guidance of intending purchasers and do not constitute in whole or in part an offer or a Contract. 2. Reasonable endeavours have been made to ensure that the information given in these particulars is materially correct, but any intending purchaser should satisfy themselves by inspection, searches, enquiries, and survey as to the correctness of each statement. 3. All statements in these particulars are made without responsibility on the part of Listing agent or the vendor. 4. No statement in these particulars is to be relied upon as a statement or representation of fact. 5. Neither Listing agent nor anyone in its employment or acting on its behalf has authority to make any representation or warranty in relation to this property. 6. Nothing in these particulars shall be deemed to be a statement that the property is in good repair or condition or otherwise nor that any services or facilities are in good working order. 7. Photographs may show only certain parts and aspects of the property at the time when the photographs were taken and you should rely on actual inspection. 8. No assumption should be made in respect of parts of the property not shown in photographs. 9. Any areas, measurements or distances are only approximate. 10. Any reference to alterations or use is not intended to be a statement that any necessary planning, building regulation, listed building or any other consent has been obtained. 11. Amounts quoted are exclusive of Tax if applicable.
