Business · Companies · 22 hrs ago
José Elías warns that preparing a property’s land can add major costs
Businessman José Elías assessed a farmhouse priced at €1.07 million.
The property has about 1,000 square metres of built space, including roughly 700 square metres of living space.
He is concerned about the cost of preparing the land, including earthworks and leveling.
Elías likes the farmhouse but says he would prefer more land and garden space.
The estate reportedly included two hectares of vineyards, which could bring additional upkeep needs.
Costs depend on how the property will be used, whether for private enjoyment or to earn a return.
Elías says buyers should assess the land, restoration work and ongoing maintenance before deciding whether to invest.
José Elías warned that preparing a property’s land can add substantially to its purchase and renovation costs.
He assessed a farmhouse priced at 1,070,000 euros, which he said had attractive features but limited outdoor space.
The property has about 1,000 square metres of built area, including roughly 700 square metres of living space.
Elías said earth-moving and levelling work could make the outdoor area costly to prepare.
He also said buyers should consider their intended use for a property and the costs of maintaining its grounds.
- Who
- José Elías, an entrepreneur, assessed the property.
- What
- He warned that preparing the land could add major costs to buying the farmhouse.
- When
- The article was published on 17 October 2026; when Elías assessed the property is not stated.
- Where
- The property’s location is not stated.
- Why
- Earth-moving and levelling work may be needed, and Elías said these could be costly.
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- Asking price
- 1,070,000 euros
- Built area
- About 1,000 square metres
- Living area
- About 700 square metres
- Land work
- Earth-moving and levelling may be needed
- Vineyards
- The property reportedly had two hectares of vineyards
1 source
What people are saying
There are properties where preparing the land costs a lot of money.
I really like the property; what concerns me is the cost of preparing the whole outdoor area because it requires earth-moving and levelling. That’s where a lot of money goes.
The house is very beautiful restored, but in my view it lacks land, garden space.
The farmhouse was spectacular.