Back to HomeDetached Villa in Marbella, Costa del Sol, Spain
Costa del Sol, Spain
€ 1.300.000
7
3
821 m2
1110 m2
Property Highlights
Reference ID
R4438777
Price
€ 1.300.000
Location
Marbella
Area
Costa del Sol
Country
Spain
Property type
Detached Villa
IBI Fees
€ 3,439
Features
- Setting Close To Schools
- Orientation South
- Condition Renovation Required
- Features Basement
- Garden Private
- Security Alarm System
- Parking Private
Description
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 prices have rocketed. There are more options in any case, the plot can be divided in two, and two villas could be built there.
Amenities
No amenities available
Property Location (Approximate)
For privacy reasons, the map displays an approximate location of the property. Please contact us for precise details or to arrange a viewing.