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2 Bed Detached Villa For Sale

Marbella, Costa del Sol
REF: APEX03466585
€799,000

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Property Details

Location: Marbella, Costa del Sol, Spain
A rare opportunity to purchase a property on The Golden Mile in Marbella & Develop a New Villa. Calle Marquise Ivan Rey.
Within WALKING distance to the Puente Romano Hotel, Beach, Puerto Banus and Central Marbella.

Built in 1982, this original 2 bedroom bungalow is less than a two minute walk to the beach, while not front line, it is just 300 steps to the Rio Verde Beach. Situated on the border line between Marbella and Puerto Banus it has been an exceptionally successful rental property for over 30 years.

Now for sale, and in need of updating it is also an ideal project for a total reform with an allowance to put on a second floor and build up to 40% of the plot. As an example, you can see a project that is suitable to build at that plot.

If you don't wish to get involved in a full reform, we have the option to just modernise the decor and with some upgrades, this property can command in the region of €4,000 per week on the holiday rental market. Your reform investment back in just 3 or 4 MONTHS!

Please note, the modern villa photos are an architects impression and can be adjusted to suit the new owner. New build in the area, on smaller plots are sold out starting at €2.5 million.

This plot is very reasonably priced based on it´s fantastic, central, location and legality to build.
As with other properties in the area built before the 1989 approved town plan for Marbella, it can avail of the new laws allowing reforms of such a property.
Plot is for sale with existing villa for €799,000 Reform / rebuild is not included in this price.

Contact us for a viewing. We have the keys.
Also Open to reasonable offers.

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Additional Details

Ref
APEX03466585
Price
€799,000
Status
Available
Property Type
Detached Villa
Beds
2
Baths
2
Land Size
461 sq m
Internal area
188 sq m
Features
Pool
Setting: Town
Suburban
Port
Close To Port
Close To Shops
Close To Sea
Close To Town
Close To Schools
Close To Marina
Urbanisation
Orientation: South
South West
Condition: Fair
Pool: Private
Climate Control: Air Conditioning
Fireplace
Views: Garden
Pool
Covered Terrace
Fitted Wardrobes
Private Terrace
Solarium
ADSL / WIFI
Storage Room
Utility Room
Barbeque
Furniture: Optional
Kitchen: Fully Fitted
Garden: Private
Parking: Private
Utilities: Electricity
Drinkable Water
Telephone
Category: Bargain
Beachfront
Cheap
Investment

Interested in this property?

Interested in this property?

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