Historical Palace Reform Project, Xàtiva

Spectacular opportunity to acquire a one of a kind historical Spanish Palace! This is a reform project that would require significant additional capital and passion, resulting in a stunning property which could easily be used as private residence and business (ideal for Events). The Barony of Cárcer is a Spanish nobility title created in 1437 by King Alfonso V of Aragon, its name refers to the town of Cárcer. Located close to the small town of Beneixida, very near to the City of Xàtiva, in the South Valencia province. The palace originates from an old hostel on the old Via Augusta, the road from Valencia to Albacete. The extensive grounds, totaling 27,048 sqm, consist of Formal Gardens & Orange Tree plantation. The large garden is decorated with fountains, an exotic Bamboo Forest and an enormous, monumental Moreton Bay Fig tree, identical to the ones in Valencia city center. There are several entrance points. The constructed area of 1,836 sqm consists of various parts; the main Palace, separate caretaker’s residence, Chapel, warehouses, garages, a mill (the olive & wine press) and a large well & pump house. The Caretakers portion was recently reformed and the new roof is 75% complete. The property boasts many architectural details, has mains electricity, two water sources, with the right in perpetuity of Free Water! There is road noise on the East, as the A7 is nearby, though partially mitigated by dense foliage & neighboring houses. Once reformed, there would be no noise inside. Shortly, most cars will be electric which will reduce the noise considerably.