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house in Blanca, Murcia, Spain

750 000€

Blanca, Murcia

Features

  • General
  • Refurbished
  • Terraces
  • Own Garage
  • Areas
  • Plot: 81,000 m²
  • Built: 600 m²
  • Equipment
  • Gardens
  • Swimming-pool

Property description

Magnificent Arabic palace 600m2, set in approx 100,000m2 immaculate orchards and olive groves, riverside setting, countryside location only 2 minutes into Blanca town center.Centuries ago in 1588 this property was the residence of a fabulously wealthy Arab prince, the palace Darrax and plot being a part of an independent principality here, at the heart of which stood the largest fortified granary in Europe. This whole property is steeped in and surrounded by history ranging over the millenium.The palace has been totally restored structurally and is now ready for the new owner to complete the interior restoration etc. Mains water & electric connected. A unique opportunity to achieve a very very large family country house or hotel, restaurant etc. Properties of distinction like this are rarely available to acquire.The palace has already undergone substantial structural restoration, ready for the buyer to continue with the internal restoration as desired. Can easily achieve 10 bedrooms or more as required.Also, it is possible to keep the house with 10,000m2 and sell the rest of the plot approximately 90,000m2 separately for around 400,000€ if desired.

Property summary

From a buyer's perspective, this property in Blanca, Murcia offers a unique opportunity to acquire a historic Arabic palace with a large land area of approximately 100,000m2. The palace, which has already undergone substantial structural restoration, is ready for the new owner to complete the interior restoration as desired. With a total area of 600m2, the property has the potential to be transformed into a large family country house or a hotel, restaurant, or other commercial venture. The property's rich history and picturesque riverside setting create an ideal lifestyle purchase for those seeking a unique blend of history, comfort, and tranquility. The proximity to Blanca town center, which is just 2 minutes away, provides easy access to local amenities and services. Additionally, the property's large land area offers ample space for outdoor activities and relaxation. As a real estate investment, this property has great potential due to its size, location, and historical significance. The ability to transform the property into a commercial venture, such as a hotel or restaurant, could generate significant returns on investment. Furthermore, the possibility of selling a portion of the land separately provides added flexibility and potential for additional income. However, it is essential to consider the costs associated with completing the interior restoration and any necessary permits or regulations related to the property's historical status. Additionally, the property's location in a rural area may appeal to some buyers but could also present challenges in terms of accessibility and local amenities. Overall, this property offers a unique opportunity for both lifestyle and investment purposes, with the potential for a significant return on investment.

Location

Blanca, Murcia

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