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Home sales up 7pc in Q1

A new report from Spain’s Property Registrars suggests that transactions – the lifeblood of the property market – are bottoming out, though it is still too early to declare a recovery under way.

The number of property deeds of sale inscribed in the property registry rose by 7% in Q1 compared to same period last year, according to the latest report from Spain’s College of Property Registrars. This is the first time in several years that annualised sales have risen in a quarter.
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€ 168,000 - Cortijo in Galera

Ref: 519
Built: 250 m² Bedrooms: 5 Electricity: Close by
Terrace: 0 m² Bathrooms: 0 Water: Close by
Land: 20,000 m² Pool: No Phone: No

A cortijo that needs work before you can move into it, but it will be well worth the effort. And the asking price leaves room for a renovation budget. The house comprises of two parts, and is half stone-built and half cave dwelling. The stone-built part is in reasonably good condition, while the cave needs to be restored urgently. Or you could decide to just renovate the stone part of the house and leave the cave for what it is. That would allow you to economise on your renovation budget, or to spread the costs over a longer period of time.

The large amount of land that comes with the house is very useable and if you would like to have some horses, that would be no problem at all here. There is irrigation water passing the property, and mains water and electricity are closeby. The property is very private and yet the village of Galera is not far away. Granada and its international airport are an hour and 15 minutes' drive away. Galera has a typically roman layout with its neat square blocks of houses. The area is famous for its many cave dwellings, and has been inhabited since many ages.

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