Caravaca de la Cruz 30411 6,555 SF Retail Building $312,241 ($47.63/SF)

Magnificent acquisition opportunity: residential complex and rural hotel currently unused, located in the municipality of Caravaca de la Cruz (Murcia), declared one of the holy cities of the Catholic Church since 1998, when it was granted the privilege of celebrating the Jubilee Year in perpetuity every seven years. The property is situated in the hamlet of Los Royos, in an area known as Tarragoya. The real estate complex, with an approximate built area of 1,000 m² and in varying states of conservation, consists of: - Ten bungalows with one or two bedrooms, each featuring a bathroom, kitchen integrated into the living-dining room, and a loft space accessible via a spiral staircase, arranged around a central courtyard dominated by an olive tree. - An adjacent building that previously housed a restaurant-café, with two floors and in generally good condition, accessible from the central courtyard. - The so-called "Casa de los Amos," a stately three-story residence currently in poor condition. - The Musso Tower or Torre-Mata, a three-story tower declared a Cultural Heritage Site (BIC), originally built and used as a watchtower and defense structure for a livestock watering hole near the royal cattle trail that crosses the area. - A two-story building with five units designated for hotel use. - Other structures intended for storage and work areas within the tourist complex. The estate spans a total area of approximately 20,000 m² and includes complementary facilities such as a horse riding arena, almond tree grove, livestock stables, and a small bullring used for festivities. The complex offers rehabilitation and repurposing opportunities due to its composition and location.