Alcaucín, Andalusia, Spain
Historic Three-Bedroom Finca with Olive Mill in Alcaucín
€320,000
€1,070/m²
- 3
- Bedrooms
- 1
- Bathroom
- 299 m²
- Interior
- Farm
- Type
- 3 weeks ago
- Listed
The Habio take
Discover this unique three-bedroom finca featuring a traditional olive mill, nestled in the heart of Alcaucín. This region of Andalusia is rich in history and offers stunning natural landscapes, making it a perfect retreat.
- historic
- garden
- countryside
- quiet
- retirement
Highlights
- Three spacious bedrooms
- Functional olive mill with historic machinery
- Large south-facing terrace
- Potential for further development on the land
- Authentic Andalusian architecture
- Expansive 3,600 m² plot
Worth knowing
- Requires renovation to modern standards
- Limited number of bathrooms
- Car likely needed for daily errands
Good fit for: Ideal for buyers seeking a unique property with potential for investment or renovation.
Lifestyle scores
- Beach
- 40
- Walkable
- 30
- Remote work
- 50
- Family
- 60
- Retirement
- 80
- Airport access
- 60
- Investment
- 70
- Luxury
- 60
- Value
- 75
About this place
This fascinating property offers an authentic Andalusian experience with a rustic house set on the historic landscape of Alcaucín. The main residence boasts approximately 140 m² of living space, featuring three bedrooms, a bathroom, an open kitchen, and a spacious salon complete with a fireplace. The highlight is the expansive south-facing terrace of around 50 m², ideal for enjoying the warm Andalusian sunshine. Beneath the terrace, you'll find a double garage along with additional storage space.
A remarkable aspect of this finca is the functional olive mill nearby, which retains its machinery for producing olive oil, including the substantial millstone. This building provides an opportunity for various uses such as a workshop, studio, or even as part of a small country hotel, allowing for personalisation to suit your vision. With a total of 468 m² across both structures and an additional 712 m² of the 3,600 m² plot available for construction, there is ample room for development. Potential projects could include a modern villa or a two-family home, making this a versatile investment in a historic location.
What this place offers
- fireplace
- garage
- parking
- terrace
- storage
Where you’ll be
Alcaucín, Andalusia, Spain
Exact location is confirmed by the agent on enquiry.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
