luxury contemporary houses for sale Castile-La Mancha, Spain

This extraordinary legacy and institutional investment opportunity represents one of the most singular, exclusive, and irreplaceable real estate assets currently available in the vicinity of Spains capital city. Located in the historic enclave of Hita, within the Alta Alcarria region, this grand estate is strategically positioned just 45 minutes by car from the city of Madrid and 25 minutes from Adolfo Suárez Madrid-Barajas International Airport, ensuring seamless global connectivity. The asset spans a total land area of 164,760 square meters in full ownership. It features a definitively approved Land Parceling and Urban Master Plan, drastically mitigating development and planning risks while providing a solid legal foundation for the immediate execution of a world-class tourism, residential, and hospitality resort.The historic heart and architectural crown jewel of the property is its medieval Monastery, a monumental estate encompassing approximately 10,500 square meters of built area. Dating back to the 11th century, it commands the highest level of legal protection as a declared Cultural Heritage Site (BIC - Bien de Interés Cultural). This unique asset, which has already undergone initial structural consolidation and restoration phases, is envisioned to house a high-end 41-room boutique hotel, an executive training and conference center, sophisticated venues for prestigious corporate or private events, and a cultural activities hub. Complementing this hospitality offering, a detached guest house sits a short distance away on a 7,200-square-meter plot. It features an existing structure of 1,600 square meters, expandable by an additional 1,500 square meters, designed to operate independently as a premium 36-room accommodation with dedicated dining and leisure facilities.The development potential and value-creation capabilities of the land are anchored by its Residential Estate, a master plan boasting a fully approved residential buildable area of 47,169 square meters and a municipal infrastructure buildable area of 15,442 square meters designated for sports facilities, roadways, and expansive integrated green spaces. The layout proposes the creation of an exclusive living concept inspired by a medieval-style village, which will accommodate 199 private residences, 68 contemporary assisted-living homes, and 60 independent suites. The residential complex is further elevated by a standalone 1,700-square-meter Spa and wellness center, 41 commercial spaces integrated to provide services to the community, and a comprehensive underground parking infrastructure designed to preserve pedestrian areas and natural landscape purity. Furthermore, the asset possesses a critical competitive advantage in terms of sustainability and self-sufficiency: its own fully deeded water resources, guaranteeing a secure flow of 6,9 liters per second.From a financial and market perspective, the property is positioned in an area with strong latent demand for premium and international second homes, currently characterized by an absolute scarcity of four-star-plus hotel accommodations and advanced wellness facilities. The transaction is structured with optimal flexibility for the buyer, including the possibility of acquiring the corporate vehicle, which carries optimized tax credits and urban development fees fully settled with the local City Council. This is, in essence, a true safe-haven asset and a unique repositioning opportunity for investment funds or family offices seeking to diversify their portfolios into legacy real estate, pairing the prestige of a historic monument with a fully structured, premium residential development.