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Almayate, Andalusia, Spain

Historic 10-Bedroom Cortijo with Equestrian Facilities near Almayate

€3,500,000

€2,178/m²

10
Bedrooms
4
Bathrooms
1,607 m²
Interior
Farm
Type
3 weeks ago
Listed

The Habio take

AI summary

This remarkable 10-bedroom cortijo, over 100 years old, features a central Andalusian courtyard and offers vast potential for redevelopment as a rural hotel or equestrian club. Located in Almayate, just 1 kilometre from the beach, it’s ideally situated for both relaxation and investment opportunities.

  • beach
  • investment
  • rural
  • equestrian
  • retirement

Highlights

  • 10 bedrooms for spacious accommodation
  • Central Andalusian courtyard
  • 20 stables and equestrian track
  • Buildable land for residential development
  • Two independent flats
  • Only 1 km from the beach

Worth knowing

  • Significant renovation required for full potential
  • Commercial conversion may involve planning approvals

Good fit for: Ideal for an investor or entrepreneur looking to create a hospitality or equestrian venture.

Lifestyle scores

Beach
80
Walkable
60
Remote work
50
Family
70
Retirement
75
Airport access
75
Investment
85
Luxury
70
Value
65

About this place

The Cortijo de la Finca "El Recreo" boasts a rich history and retains many characteristics of traditional Andalusian architecture. The layout features a central courtyard providing access to a spacious kitchen-room equipped with a wood-fired oven and a modern industrial cold room, alongside a living-dining area and two offices.

The main house includes eight bedrooms and two bathrooms across 300 square metres. With the potential for renovation, it could easily serve as a restaurant/bar or be transformed into a small rural hotel. In addition, the property comprises two independent flats, each with a living room, bedroom, kitchen, and bathroom.

Set within a sprawling 32,000 square metres, the property is designed for equestrian use, featuring 20 stables, an equestrian and warm-up track, and various outbuildings like hangars and breeding stables. The town planning provisions allow for the construction of 112 houses, marking it as buildable land according to Velez-Malaga Town Hall.

The cortijo benefits from two registered water wells with a 100,000-litre deposit, supplemented by municipal water infrastructure, enhancing its operational potential. Located just 1 kilometre from beautiful Costa del Sol beaches and 3 kilometres from Torre del Mar’s amenities, it is perfectly positioned for a holiday equestrian club or rental venture, with Malaga International Airport only 35 minutes away and the Añoreta golf course within a 10-minute drive.

What this place offers

  • parking
  • garden

Where you’ll be

Almayate, Andalusia, Spain

Exact location is confirmed by the agent on enquiry.

ES

Buying property in Spain

Full guide →

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

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