Marbella

For sale Detached Villa Costa Del Sol Marbella € 1.250.000,-

Ref.no: RSOR4438777
Price: € 1.250.000,-

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For sale Detached Villa Costa Del Sol Marbella € 1.250.000,-

Bedrooms7
Bathrooms4
Lot size821m²
Poolno
Gardenyes
Parkingno
Built year1975
Setting: Town, Close To Shops, Close To Sea, Close To Schools
Orientation: South
Condition: Renovation Required
Views: Garden, Street
Features: Basement
Garden: Private
Security: Alarm System
Parking: More Than One, Private
Category: Investment
Ref.no: RSOR4438777
Price: € 1.250.000,-

More information ›››
For sale Detached Villa Costa Del Sol Marbella € 1.250.000,-

INDEPENDENT VILLA IN THE CENTRE OF MARBELLA, EXCELLENT HIGH RETURN INVESTMENT OPPORTUNITY.

The property is located in the centre of Marbella, on Av Jose María Gironella, Huerta Belón.

It is an independent building of 821 sqm on a plot of 1,110 sqm. Built on 1975, the property principal use at present is commercial, in fact it has been the offices of an important multinational security company for the last 30 years. Most important is that both residential and “dotacional” (for sport, health, religious, social activities) uses are compatible, allowed there.

The property needs a deep refurbishment and adaptation to the new use, we estimate a capital expenditure close to 1 million. In our opinion it would be a high ROI investment if it was transformed into a student residence or temporary-mid term rentals, there is a very high local demand and prices have rocketed. There are more options in any case, the plot can be divided in two, and two villas could be built there.

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