Average house prices in the UK may have beaten 2007 peak values; however, the same cannot be said for property in Spain where property prices have been hit hard by the crisis.
There is some good news for potential Spanish house owners, but this property needs a little renovation. That special property that they are looking for might just be available in Andalucia, and it costs significantly less than your usual holiday home in the sun.
The property in Cuevas Del Campo near Granada, it is built into a hillside, has five bedrooms, a 700 square metre plot, excellent views and plenty of room for your obligatory swimming pool. The best part is that it is only going to cost you €14,500. The catch, and it is a big one, is that this Cave House needs a bit of renovation, a few doors and windows for starters.
The property is for sale through Girasol Homes and is available to view on the Rightmove.com website which states that it has ‘excellent views, good access’ and is ‘south facing.’ It also has its own private drive.
A Girasol Homes spokesman said: ‘This cave is located in the hamlet of Majaviejas, outside Cuevas del Campo, five minutes from town and a naturist beach at lake Negratin.
‘Facing south and excellent views, there’s a large plot of flat land in the front with plenty of room for a pool.
‘It has five bedrooms, but scope to enlarge. Water is connected at the entrance of the cave, and the electricity is 150 metres away.
‘Access to the cave is through a private road belonging to the cave.’
Cuevas del Campo is a beautiful village in the picturesque area of Baza in the Altiplano region, which is popular with British expats. The house itself is close to Negratín Reservoir, which has its own beaches.
If you fancy living like Fred Flintstone, this could be the property for you