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Engel & Völkers has sold two fincas for a total value of five million euros

Positive results for the exclusive fincas of Engel & Völkers Division in the first quarter of the year. The leading real estate intermediary of high standing assets has sold two unique properties, located in Cáceres and Ciudad Real, for a total value of five million euros to a Latin American and a Spanish client.



La extremeña is a recreational finca with a cellar, stables, pool, and a 12-hectare plot of land. The house has a constructed area of ​​1,120 square metres distributed in 10 bedrooms and six bathrooms. The property in Ciudad Real consists of a farmhouse with barn, grain warehouse and a cellar with an area of ​​5,107 square metres of land. The palatial house on this farm, with 3,804 square metres, has 10 bedrooms and five bathrooms.






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Diversification towards highly prestigious assets

In November 2016, Engel & Völkers took another step forward in its diversification by opening the exclusive Fincas division in Spain. "We entered the fincas (country houses) market and manor houses to offer our clients prestigious assets that are also very desirable for investors," said Christian Völkers, CEO and founder of the company.


Since the end of 2018, we have seen an increasing demand from the national and international investors for this type of property, with a clear preference of the clients for the location, where those fincas close to large capital cities prevail with good mobile and Internet coverage," says Óscar Larrea, CEO of Engel & Völkers Madrid, who is responsible for exclusive fincas throughout Spain.
The division, which operates in the Market Centre (MC) of Engel & Völkers in Madrid, currently has five specialist agents and more than 50 portfolio properties that include vineyards, equestrian, agricultural, livestock, hunting and recreational properties that are highly representative of Madrid, Castilla La Mancha, Castilla León, Extremadura and Andalusia (Seville, Cordoba, Cádiz and Huelva), joined by a segment of rustic houses, monasteries and castles that can be converted into a holiday home. The price range of all of them is between 500,000 euros and 50 million euros.

Discover our offer of exclusive fincas in Spain here.

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