We are offering a building plot with approved plans for a tourism complex, complete with a swimming pool. This development is designed to support a live-and-work rental business. The land also presents opportunities for equestrian uses.
This tourism project has been developed in close collaboration with the local council and their architect to ensure the most effective use of the plot. The planning application is approved for an 11,207 square meter plot, allowing for the construction of up to 550 square meters of buildings. This includes a complex of five holiday cottages or cabins, each ranging from 50 to 80 square meters in size. These units are intended for commercial use and will be built to CTE standards, with outdoor areas connecting them to a swimming pool.
Catering Establishment Opportunity
In addition to the accommodation, there is also permission to build a catering establishment. This facility can be used in conjunction with the tourism project, providing an additional source of income.
Market Demand in the Ayora/Teresa Area
The Ayora and Teresa regions are home to numerous privately owned farms and houses, creating a significant demand for this type of rental accommodation. The area benefits from a variety of festivals held throughout the year in nearby towns such as Ayora, Zara, and Almansa. Ayora is particularly renowned for its honey festival. The Ayora Valley itself boasts a unique ecosystem, supporting a diverse range of bird and animal species not found elsewhere. This natural environment attracts birdwatchers, walkers, and cyclists, who can explore the open spaces of the valley and the adjacent national park.
Projected Income and Return on Investment
Based on local market research for seasonal accommodation, and assuming the tourist cabins are equipped for maximum comfort, each unit could potentially rent for approximately €800-€1000 per week, depending on the season. With a conservative estimate of 50% occupancy and using the lower rental figure, this could result in a projected annual turnover of approximately €104,000. This figure excludes any potential income generated from the on-site café or restaurant.
This presents a strong return on investment opportunity. Purchasers also have the option to reside in one of the completed units.
Investment Suitability
This project is well-suited for a major investor or for an individual seeking a home and business opportunity in Spain. Obtaining planning permission for tourism projects, especially those offering such income potential, is becoming increasingly challenging, making this a rare offering.
Sustainable Utilities and Existing Infrastructure
The entire project can be operated using solar panels for power. Water supply is available from a surveyed bore well, for which drilling permits are in place. The surveyed well is expected to yield approximately 1 liter per second, which is sufficient to meet the project’s needs. Documentation regarding permit applications and full geological survey information is available.
Currently, there is a temporary fenced compound measuring 200 square meters. This compound includes a two-bedroom mobile home, a 10 kW solar system, an 8,000-liter water storage system, and a septic tank. This existing infrastructure can be negotiated separately for buyers who wish to live on-site while the main project is under development. It is also possible to register for Padron with the local town hall.
Interested parties are encouraged to arrange a viewing to discuss the project in detail and submit an offer. The property will be sold at the best price, and the planning is flexible to accommodate various home business concepts.
Adjoining Plot Opportunity
An adjoining plot of 23,000 square meters is also available for separate purchase. This land can provide additional space for tourism development or for the construction of a separate house. It currently has planning permission for a 200-square-meter kennel building, which could also be operated as a business. Furthermore, equestrian uses are permitted on this plot, and a house can be built on another section of it.
Agricultural Potential
The property is currently part of a working farm and includes 700 almond trees. The almond crop can be sold, and farm payments and grants may be available.
This presents a unique chance to acquire a live-work property in Spain with significant development and income potential.
