Beautifully renovated finca with rental potential - Competa

OVERVIEW:

A truly charming and characterful property, said to date back approximately 350 years, which has been lovingly renovated by the current owners during their 25 years here, retaining much of the original character of the two houses while creating a comfortable and versatile home.

The property comprises two independent houses plus a separate guest bedroom with ensuite, offering excellent flexibility for family living or rental income. Set in beautifully maintained gardens with mature fruit trees, a swimming pool and several attractive terraces, the property enjoys sea and countryside views and excellent access via tarmac roads and a short track.

An extensive rainwater and water-storage system helps keep water bills low, while the property also offers good potential for the installation of solar panels.

DESCRIPTION:

Key features

Lovingly renovated character property approx 350 years old
Excellent rental or multi-generational living potential
Good road access, ample parking and private garage
Extensive water-storage and rainwater collection system with potential for solar panels

Situation and Outside space

A short track from the tarmac road leads to a private parking area with covered space for one car. A second access point from an alternative tarmac approach allows convenient vehicle entry directly to the garage and additional parking for more cars. The property also benefits from a workshop and a separate gardening shed.

Beyond a metal gate, you’ll find a spacious terrace ( 8.0m x 4.0m ) featuring a charming rustic-style outdoor kitchen. This well-equipped space includes a BBQ, tandoori oven, and Tajine cooker, along with a dedicated smoking house—perfect for preparing home-smoked fish, bacon, and a variety of other foods.

A few steps lead up to a smaller terrace (2.4m x 2.6m) and into a bright, generously sized sunroom. From here, doors open onto another beautiful terrace (7.0m x 6.0m), ideal for entertaining. Both terraces enjoy lovely views overlooking the swimming pool and surrounding outdoor areas.

The pool (7m x 4m) is securely gated and surrounded by ample space for sun loungers. A shaded dining area and a hammock provide the perfect setting for relaxing out of the sun.

Steps wind down to the garden level, where you’ll find additional storage areas and access to the garage. The garden features mature fruit trees including fig, orange, lime, lemon, pomegranate, olive and almond.

A roof terrace (7.0m x 3.5m) provides yet another wonderful space to relax and take in the views.

From the house, pool, and terraces, you can enjoy scenic sea views, with picturesque countryside stretching out around the property.

The property benefits from an impressive water-storage system, including an 18,000-litre rainwater deposit, 6,000-litre grey-water deposit and several additional 3,000-litre deposits for run-off, pool backwash and rainwater collection. There is also a private well. Together, the system helps significantly reduce water costs.

Living space

This semi-detached property offers a highly adaptable layout, comprising two separate houses along with an additional independent guest bedroom with ensuite. The adjoining property sits behind, with most of its living areas oriented in the opposite direction, ensuring privacy.

Main house

The main house is accessed via the spacious sunroom/living area (5.5m x 3.6m). This versatile space is designed for year-round comfort, featuring air conditioning for the summer months and a log-burning stove for winter. Double-glazed windows provide additional insulation.

The large kitchen (6.7m x 2.8m) is fully fitted with granite worktops and finished in a rustic style that complements the character of the house. The double-sided log stove in the sunroom also provides warmth to the kitchen.

A cosy lounge (5.8m x 2.8m) includes a log-burning stove and a door leading to the rear of the property. From here, a small, covered terrace and a few steps lead to a wine bodega (2.7m x 1.5m), fitted with kitchen units for additional storage.

Stairs in the lounge lead to:

• Master bedroom (5.0m x 3.1m) with air conditioning, fitted wardrobes and additional storage
• Ensuite (3.1m x 1.0m) fitted with a shower vanity basin and WC
• An original hay loft (3.0m x 2.0m), accessed from the stairs, now converted into useful storage

The remaining accommodation is:

• Bedroom 2 (2.8m x 2.7m) with fitted wardrobes and a ceiling fan currently used as a single room and office.
• Family bathroom (3.4m x 2.1m) with jacuzzi bath, built in vanity unit and WC

House 2

House 2 benefits from independent access via a covered terrace leading into a kitchen/diner (3.5m x 2.9m), fitted in a rustic style. Steps lead down to the lounge (6.3m x 2.9m), which features a log-burning stove for the cooler months.

A door from the lounge opens onto a large covered terrace, providing a private and comfortable outdoor space for this part of the property.

Further accommodation includes:

• Bedroom 3 (2.9m x 2.8m) fitted with a ceiling fan
• Bathroom (2.3m x 2.7m) shower, pedestal basin and WC

Separate guest bedroom

The completely independent guest bedroom (Bedroom 4) (3.4m x 2.6m), known as “El Burro,” was originally a donkey stable and has been beautifully renovated in keeping with the rustic style of the property. It includes an ensuite bathroom with shower, pedestal basin, and WC, making it ideal for guests or rental use.

Summary

A rare and highly versatile character property, combining historic charm with comfortable modern living. The flexible accommodation, beautifully established gardens, pool, extensive water-storage system and wonderful sea and countryside views make this an excellent choice as a permanent home, holiday retreat or income-producing property.
Located approximately 7 minutes by car from Cómpeta, with good access and the owners open to sensible offers, this is a property that deserves to be viewed.