Commercial for sale in Marbella, Málaga
- 821 m2
- 7
- 4
- 1110 m2
INDEPENDENT VILLA IN THE CENTRE OF MARBELLA, EXCELLENT HIGH RETURN INVESTMENT OPPORTUNITY.
The property is located in the centre of Marbella, on Av Jose Maria Gironella, Huerta Belon.
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.
Town
Close To Shops
Close To Sea
Close To Schools
South
Renovation Required
Garden
Street
Basement
Private
Alarm System
More Than One
Private
Investment
IBI Fees € 3,429 per year
Basura Tax Fees € 0 per year
Community Fees € 0 per year
Location
Marbella, Málaga The location has not been provided. Contact the advertiser for more information.Features
- Commercial
- Bedrooms: 7
- Bathrooms: 4
- Build Size: 821 m2
- Plot: 1110 m2
- Near Beach/Sea
- Garden
- South Orientation
- Energy Efficiency Rating: In Progress
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