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3 Bed Villa / Detached for sale

Cabopino, Malaga, Andalucia, Spain

£586,619 *  [€684,995]

3 Bed Villa / Detached for sale

Cabopino, Malaga, Andalucia, Spain

£586,619 *  [€684,995]

Property Details


  • Bedrooms: 3
  • Bathrooms: 3
  • Plot size: 997 m2
  • Habitable space: 370 m2

Features


  • SUPERB LOCATION
  • NO NEED FOR A CAR!
  • ONLY 12 MINUTES WALK TO BEACH AND MARINA
  • MASSES OF POTENTIAL
  • GREAT INVESTMENT POTENTIAL
  • LARGE AND VERY FLAT PRIVATE PLOT
  • READY TO RENOVATE OR DEMOLISH AND RE BUILD!
  • POTENTIAL TO CREATE A €2M+ VILLA

Full Description


Incredible value detached villa in Cabopino - a very short walk from the Marina and some of the Costa del Sol's best beaches! Set within a very private plot of just under 1000m2, the villa is in need of a complete renovation OR must be demolished and completely re built.

The present villa has a constructed size of 370m2, so using a calculation of ?1.800 per square metre re build cost, you are looking at around ?670,000 to re build the villa to a very good standard. The bonus here is that due to the fact that there is already a villa built, you will not need to wait 2 years to obtain planning permission from the Marbella Town Hall!

Given the superb location, and teh fact that you will be able to start construction very soon, we estimate that a newly built villa in this location should be placed on the market anywhere in the region of ?2,000,000 to ?2,500,000 - at these prices we would expect an immediate sale.

PLEASE CONTACT THE AFFINITY DEVELOPMENT TEAM NOW!

Map may not show exact location

This property listing (ref: AFF1022) is an advertisement supplied by Affinity Spain 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.
*Based on an exchange rate of 0.8564 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.