Eight-Bedroom Andalusian Cortijo with Investment Potential in Cancelada
€3,900,000
€7,500/m²
- 8
- Bedrooms
- 6
- Bathrooms
- 520 m²
- Interior
- Farm
- Type
- 1 week ago
- Listed
The Habio take
Villa Dos Aguas is an eight-bedroom finca set in a stunning lakeside location, offering excellent residential and commercial prospects. Situated in Cancelada, Andalusia, this property combines authentic charm with privacy, ideal for a boutique bed & breakfast or exclusive events.
- countryside
- investment
- luxury
- garden
- pool
Highlights
- Eight spacious bedrooms
- Extensive grounds of over 10,000 m²
- Existing tourist rental licence
- Ideal for boutique hospitality or private events
- Distinctive Andalusian architecture
- Close to premier golf courses and luxury amenities
Worth knowing
- Potential for significant renovation required
- Additional licences may be needed for commercial use
Good fit for: Ideal for investors or buyers seeking a unique Andalusian property with commercial potential.
Lifestyle scores
- Beach
- 50
- Walkable
- 40
- Remote work
- 60
- Family
- 80
- Retirement
- 70
- Airport access
- 60
- Investment
- 75
- Luxury
- 70
- Value
- 65
About this place
Villa Dos Aguas occupies an exceptional lakeside setting surrounded by the picturesque Andalusian landscape. This remarkable Spanish cortijo features authentic character, complete privacy, and outstanding potential for both residential and commercial use. With an eight-bedroom configuration and an extensive plot of over 10,000 m², it is particularly well-suited for a boutique bed & breakfast or hospitality venture, benefiting from an existing tourist rental licence.
The property's distinctive Andalusian architecture centres around a beautiful interior courtyard, with five of the generously sized bedrooms opening directly onto it, fostering a wonderful connection throughout the home. The traditional finishes and rustic architecture are in excellent condition, offering warmth and personality, while the characterful country-style kitchen contributes to its charm.
The outdoor areas define Villa Dos Aguas, featuring a swimming pool with beautiful views of the lake and surrounding hills, alongside expansive terraces and gardens that provide significant potential for landscaping and entertainment spaces. Additionally, independent staff accommodation allows for versatile usage.
Conveniently located just minutes away from the prestigious Villa Padierna Palace Hotel and the golf valley of Los Flamingos, Alferini, and Tramores, this property enjoys both natural beauty and accessibility to luxury amenities, enhancing its appeal for both private and hospitality-oriented use.
What this place offers
- swimming pool
- garden
- terrace
- parking
Where you’ll be
Cancelada, 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
