About This Opportunity
Bedrooms
Bathrooms
2
Price in €
4590000
Rustic estate in Formentera with traditional farmhouse and extensive refurbishment potential In a typically Mediterranean natural setting, close to the sea, lies this unique rustic estate on the island of Formentera. The property offers a large land area, an authentic casa payesa (traditional farmhouse) from the late 19th century and significant potential for extension and refurbishment. The plot, practically flat and with wide views over the rural landscape and the sea line in the distance, provides an exceptional base to develop a bespoke residential project, combining the traditional character of the island’s architecture with contemporary standards of comfort and sustainability. Key facts about the property • Rustic plot of 30,010 m², with practically flat topography and open views over the natural surroundings and the sea in the background. • Original late 19th-century casa payesa, extended over time to form a main house plus two annexes. • Current built area: 189.45 m² between main house and annexes. • Traditional Formentera architecture: stone walls, blue woodwork and several outdoor terraces, an ideal base for a high-end refurbishment. Planning and extension potential • Adopted maximum buildable area: up to 400 m² constructed on the ground floor. • Remaining buildable area: approx. 210.55 m² (always on the ground floor, as no new upper floor is permitted in this area). • Adopted maximum footprint: 600 m², with around 399.49 m² still available. • Possibility to extend the house, reorganise annexes, create new porches and landscaped terraces and, eventually, study the installation of a swimming pool, always subject to a technical project and the corresponding permits. Current condition and project opportunities • Main house and annexes in need of full refurbishment: layout, installations and finishes to be renewed. • Immediate surroundings without maintenance in recent years, ideal for developing a landscaping project that organises and enhances the outdoor areas. • Opportunity to design a bespoke residence that combines the authenticity of the casa payesa with contemporary comfort and sustainability solutions. Overall, this is a very special property on one of the most sought-after islands in the Mediterranean, with a large land area and significant value-add potential through a well-planned extension and refurbishment project. Notice regarding the sea view from the terrace: The image of the upper-floor terrace is a digital rendering that shows the sea view once the vegetation has been thinned out. The sea is actually visible from this point, although the current tree coverage is denser than in the image. Notice regarding the main façade image: The photograph of the main façade is a digital rendering based on the actual house: the building and its architectural elements correspond to reality, but the vegetation from the former garden has been digitally thinned out in order to show the full façade and suggest a possible landscaping scheme. At present, the surroundings are more densely covered with trees and plants, and will require clearing and landscaping works.