Partly Reformed Cortijo with Olive Grove near Montefrío
€240,000
€2,000/m²
- 2
- Bedrooms
- 1
- Bathroom
- 120 m²
- Interior
- 13,000 m²
- Plot
- Farm
- Type
- 1 week ago
- Listed
The Habio take
This charming two-bedroom cortijo in Montefrío boasts 13,000m² of land, featuring 120 olive trees that generate a yearly income. Set within easy reach of both Montefrío and Tocon, this property combines rural tranquility with accessibility to local amenities.
- garden
- quiet
- investment
- countryside
Highlights
- Partly reformed with traditional and modern touches
- Income-generating olive grove
- Spacious 13,000m² plot
- Large garage with conversion potential
- Good access to Montefrío and Tocon
Worth knowing
- Rural location may require a car for daily errands
- Some areas may need further renovation
Good fit for: Ideal for buyers seeking a rural lifestyle with income potential.
Lifestyle scores
- Beach
- 0
- Walkable
- 30
- Remote work
- 50
- Family
- 60
- Retirement
- 70
- Airport access
- 40
- Investment
- 75
- Luxury
- 50
- Value
- 80
About this place
This distinctive cortijo has been partly reformed, blending traditional and modern elements beautifully. Located on a spacious 13,000m² plot, it features 120 olive trees which yield approximately 5,000kg of olives and can generate an income nearing €4,000 annually.
The property is accessible via a large driveway, allowing parking for 2-3 cars and leading to an outdoor store room. Inside, the ground floor comprises a large kitchen-dining area with an open fireplace, a separate living room, a family bathroom, and two bright, spacious bedrooms. An undercover terrace serves as a utility area, providing additional versatile space.
Descend to the lower level, which opens to multiple storage rooms and a large garage, presenting conversion potential. An inviting shaded area adorned with grapevines leads down to the land and river, offering a serene outdoor retreat within a stunning rural setting.
What this place offers
- garage
- parking
- garden
- open fireplace
- storage
Where you’ll be
Montefrio, Granada, 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
