€ 650,000
Villa for sale in Illora, Granada
- 337 m2
- 5
- 2
- 25859 m2
Description
A rare opportunity to acquire a beautifully restored traditional Andalusian country villa together with an established events venue and holiday-rental business. Set within approximately 25,859m2 of private land within walking distance of the centre of Íllora, the property combines an exceptional rural setting with excellent accessibility and considerable income potential.
The estate offers approximately 337m2 of constructed accommodation and is being sold fully furnished and equipped, allowing the new owner to continue operating the business immediately.
At the heart of the estate is an impressive five-bedroom traditional Andalusian villa which has been completely renovated while retaining its original character. The spacious open-plan living area features exposed wooden ceiling beams and an attractive open fireplace, creating a warm and welcoming atmosphere. The accommodation also includes a fitted kitchen with dining area, five generous double bedrooms and two family bathrooms.
Outside, the villa is surrounded by beautifully landscaped gardens incorporating lawns, mature trees and numerous attractive areas suitable for ceremonies, receptions, photographs and outdoor celebrations. The gardens benefit from an automatic irrigation system and offer spectacular panoramic views across the surrounding countryside and mountains towards the Sierra Nevada.
A newly renovated swimming pool provides an additional focal point for guests staying at the property. The estate has mains electricity, two private wells and access to irrigation water.
The property is fully prepared for the events business. Its facilities include a professional industrial kitchen, a dedicated marquee area, an indoor dining room measuring approximately 110m2 and an adjoining 110m2 pergola, providing flexible covered and open-air entertaining spaces.
A separate toilet block provides independent facilities for men and women. The venue is currently licensed to accommodate events of up to 380 guests and, according to the information provided, benefits from a permanent events licence together with permission for music until 7:00am.
A substantial 3,000m2 parking area is capable of accommodating approximately 150–200 vehicles, making the venue suitable for large weddings, communions, private celebrations and corporate events. Access is suitable for all types of vehicle.
The business is already extremely well known within the area and currently hosts approximately 20–25 weddings, communions and other celebrations each year. Venue hire generally ranges from €3,000 to €3,500 per weekend event. Existing reservations extend until 2030 and can be transferred to the purchaser, subject to agreement and the relevant contractual and legal requirements.
In addition to the events business, the villa holds a holiday-rental licence and can generate further accommodation income. Current rental rates are approximately €650 per weekend or €1,700 per week, creating the possibility of combining event income with holiday lets, group accommodation and wedding-party stays.
Íllora offers local shops, restaurants and everyday services, while Granada city centre is approximately 34km or 35–40 minutes away. Granada Airport is around 22km away, Málaga city approximately 108km and Málaga International Airport approximately 116km, or around 1 hour 20 minutes by car. The Sierra Nevada ski resort and the Mediterranean beaches can generally be reached in approximately 1 hour 15 minutes to 1 hour 40 minutes, depending on the destination, route and traffic.
Features
- Villa
- Bedrooms: 5
- Bathrooms: 2
- Build Size: 337 m2
- Plot: 25859 m2
- Energy Certificate (Consumption): G
- Energy Certificate (Emissions): G