3 Bed Apartment for sale

Puerto Banus, Malaga, Andalucia, Spain

£803,926

 [€899,995]

Property Details

  • Bedrooms: 3
  • Bathrooms: 2
  • Plot size: 189 m2
  • Habitable space: 162 m2

Features

  • Front Line Beach Resort
  • Superb Puerto Banus location
  • Private Beach Access
  • High Rental Value
  • Beautiful Communal Gardens
  • 3 Large Bedrooms
  • Garage
  • Storeroom

Full Description

PLAYAS DEL DUQUE – Investors Property in need of upgrading as reflected in the price, this is an excellent opportunity to acquire a great property in one of the original resort developments in Puerto Banus built circa 1970. They don’t build them like this anymore - an extra large three bedroom two bathroom, 5th floor apartment, partial sea views from the master room and the living room and oversized terrace.

The property is found in its original state and is in need of upgrades, hence the unbelievable price it is being offered at for a quick sale this season, only 899,995 euro’s, similar properties are on the from approximately 1.2m to 2m euros, some with upgrades, comparatively speaking this property is a no brainer for the savvy investor.

During high season the area is a hub for international tourists and rental properties rent at a premium. The property currently rents for 300 - 400 euros per night. Rental yields are almost guaranteed and forecasted uplift on the property after upgrades 40% of purchase price.

In low season it is chic and elegant, for all year round living.
It is one of the most famous residential projects in Puerto Banus, located a stones throw from the famous Ocean Club Beach and perfectly located next to international world class shopping and restaurants and amenities near by, with benefits that include 24 hour concierge, award-winning sub tropical gardens, 3 swimming pools, on property restaurants, sports facilities, relaxation areas and palm fringed walkways, streams and water features, leading down to one of the worlds most famous beaches and a short walk to the prestigious playground of the rich and famous Puerto Banus.

Golfers are within easy distance of the prestigious golf valley Nueva Andalucia and there are first class spas on your doorstep.
The property has 3 large bedrooms and 3 bathrooms 27m2 covered/open sun terrace, entertainment area and Juliet balconies in the bedrooms, it is located on the 5th floor, in one of the best building’s South West facing also includes car garage and storeroom.

Build Size: 189.52m2 2,022 Sqft
Setting: Front Line Beach Resort, Beach Side, Private Beach Access, Next to Puerto Banus Close to Shops, Restaurants, amenities, water sports, beach clubs
Orientation: South East
Condition: Fair
Pool: Communal
Garden: Communal
Garage: Underground Space
Store Room: Underground
Climate Control: AC
Views: Partial Sea Views





This property listing (ref: MPS172018) is an advertisement supplied by Marbella Property Shop and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.

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