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3 Bed Villa / Detached for sale

Nueva Andalucia, Malaga, Andalucia, Spain

£776,965 *  [€892,500]

3 Bed Villa / Detached for sale

Nueva Andalucia, Malaga, Andalucia, Spain

£776,965 *  [€892,500]

Property Details


  • Bedrooms: 3
  • Bathrooms: 3
  • Plot size: 413 m2
  • Habitable space: 293 m2

Features


  • GREAT INVESTMENT OPPORTUNITY
  • GREAT RENTAL POTENTIAL
  • VERY SHORT WALK TO GENERAL AMENITIES
  • NO NEED FOR A CAR
  • 3 MINUTE DRIVE TO BEACH NEXT TO PUERTO BANUS
  • POTENTIAL TO CREATE YOUR PERFECT PROPERTY
  • BEST VALUE VILLA IN MARBELLA AREA
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Full Description


Renovation and investment opportunity, Nueva Andalucía, Marbella

Detached villa project set on a 413m² plot with 274m² built, offering an excellent opportunity to complete and personalise a property in one of Marbella’s most sought-after residential locations, within walking distance of Puerto Banús.

Originally designed with three bedrooms, the property also benefits from a substantial basement that can be readily configured to create a fourth and potentially fifth bedroom suite. The villa features a private swimming pool, rooftop terrace and views towards La Concha and the Mediterranean Sea.

A major advantage is the property’s legal and construction status. Full legalisation was granted approximately four weeks ago following works undertaken by the current owner to bring the construction into compliance with the required standards. The necessary permit has now been obtained and the corrected construction approved.

As a result, much of the structural work has already been completed. Rather than undertaking a conventional renovation with the associated structural unknowns, the incoming owner can concentrate primarily on completing and finishing the property to their preferred specification.

Key Investment Advantages

* 413m² plot and 274m² built
* Private swimming pool
* Rooftop terrace with La Concha and sea views
* Walking distance to Puerto Banús
* Full legalisation and permits now in place
* Structural corrections already completed and approved
* Significantly reduced construction and budget risk compared with a typical renovation
* Straightforward potential to create a fourth and fifth bedroom within the basement
* Strong potential value uplift through completion and additional accommodation
* Excellent resale and rental profile due to location, views, outdoor space and bedroom potential
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Map may not show exact location

This property listing (ref: R5470414) 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 0.8705 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.