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Country Estate for Rental - multi purpose opportunity

Country location - South Mallorca
€Lease price plus monthly rental - details on application

Business description:

This is a unique opportunity to take a country estate and make it what you want. It can be your home and nothing else. It can give you an income for a number of weeks of selective lettings. It can be run as it is now as a guest house for up to 14 people. The possibilities are endless.

There is a lease to buy and there is rent to pay but you won't need to be an accountant to work out the value of this enterprise.

The contract terms just now are:
The rent can increase with new buyers by only 15% max..
Once the rent reaches €3000.00 per month, which should be this year, it can only increase each year by the inflation rate.
So the contract for the rental payments will be secure and a good option for a family looking for a country estate.
The contract states that the interior and gardens have to be maintained
by the leaseholder, the bricks, walls, roofs, major works has to be maintained by the landlord/freehold owners.

The rental 'make it what you will' option is suitable for many - others might be interested in the current use and alternative option for the premises which is as follows:

This is an opportunity of a lifetime to run a rural Agroturismo Hostel in the foothills of the mountains of Mallorca. This historic building has been a haven for walkers, cyclists and tourists for many years. The building has many possibilities and is currently used as accommodation for up to 14 people in eight letting bedrooms. The composition of the building means that it has many applications from bed and breakfast accommodation to letting the whole house for family or corporate events.

This is a year round operation and as the main walker season is the opposite of the sunshine holiday season it provides a serious income for the full year. The current owners have developed the use of the building for functions. The building comes alive with the cookery school, weddings, parties and Christmas and New Year house parties.

The house, the chapel and its out buildings are built around a courtyard which becomes the heart of the building for guests. The swimming pool lies in the garden and there is plenty of space to relax and enjoy the views.

This is a business opportunity which gives a work life balance. There is family accommodation for the owners which can be separated from the main house. The income generated from the core business of providing accommodation is a solid base to finance a lifestyle here in Mallorca.

This opportunity will only work for parties who are interested in working hard and developing the potential that undoubtedly exists. The care and maintenance of an old building means that works on the property are never ending.

This is a rare opportunity to build on the success of the current owners who have taken the house to its next dimension. This is an unfinished project which will go on changing over the years depending on the skills and expertise of the next generation who love it.


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