€ 892,500
Villa for sale in Nueva Andalucia, Marbella, Málaga
- 274 m2
- 3
- 3
- 413 m2
Description
Renovation and investment opportunity, Nueva Andalucía, Marbella
Detached villa project set on a 413 m² plot with 274 m² 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
413 m² plot and 274 m² 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
Features
- Villa
- Bedrooms: 3
- Bathrooms: 3
- Build Size: 274 m2
- Plot: 413 m2
- Energy Efficiency Rating: In Progress