Three-Bed Apartment Complex with Olive Grove in Benalauría
€425,000
€1,496/m²
- 3
- Bedrooms
- 3
- Bathrooms
- 284 m²
- Interior
- Apartment
- Type
- 3 weeks ago
- Listed
The Habio take
This unique property comprises a three-bedroom apartment complex with excellent rental potential, located in the picturesque village of Benalauría. Set against the scenic backdrop of the Genal Valley, it offers a tranquil rural lifestyle with opportunities for self-sufficiency.
- rental income
- garden
- quiet
- countryside
Highlights
- Three self-contained apartments
- Expansive garden and olive grove
- Excellent rental history
- Rustic charm in a quiet village
- Fully licensed for tourism
Worth knowing
- Requires upkeep of multiple units
- Rural area may limit immediate amenities
Good fit for: Ideal for investors seeking a rural lifestyle with rental potential.
Lifestyle scores
- Beach
- 30
- Walkable
- 60
- Remote work
- 60
- Family
- 70
- Retirement
- 80
- Airport access
- 50
- Investment
- 75
- Luxury
- 70
- Value
- 80
About this place
This remarkable property features a large detached villa spanning 284m², arranged over three levels, with a garden and an additional 3,250m² plot of land a short walk away that includes 25 well-maintained olive trees—ideal for a market garden or small-scale livestock. Each of the three levels contains a self-contained apartment; the owner resides in the top floor duplex while the remaining two units are successfully rented out as holiday lets, fully licensed for year-round tourism.
The ground and middle apartments boast charming interiors and outdoor spaces that offer spectacular views of the landscape. The garden apartment includes an open-plan kitchen-dining area and a master bedroom with a queen-sized bed, complementing a private bathroom with fresh green tiles. The middle apartment features a spacious living area with two sofa beds, a fully equipped kitchen, and a sizeable bathroom, plus a balcony for al fresco dining.
The duplex apartment is a spacious and private residence with a 50m² terrace overlooking the Genal Valley. This unit has a delightful farmhouse kitchen, a large living room, a stylish bathroom, and additional flexi space on the mezzanine that could serve as an office or extra bedroom. All apartments provide air conditioning, heating, and Wi-Fi, making this an ideal home or investment opportunity in this tranquil area of Andalusia.
What this place offers
- air conditioning
- heating
- fireplace
- garden
- storage
- furnished
- balcony
- terrace
- wifi
- swimming pool
Where you’ll be
Benalauría, Andalusia, 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























