- Ref.
- SMH4438777
- Sale price
- Bedrooms
- 7
- Bathrooms
- 4
- Living Area
- 821 m2
- Plot
- 1110 m2
- Pool
- No
- Parking
- Yes
Detached Villa 7 Bedrooms 4 Bathrooms in Marbella
Marbella
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.
Additional Information
- Basement
Cost to purchase a property in Marbella
This form will inform you of all the costs and taxes applied when purchasing a property in Marbella. The primary difference is if a property is purchased directly from a developer or if the property was already previously owned and inhabited.
| Property Price | ||
|---|---|---|
| Purchase Price | ||
| Transfer Tax | 7% | |
| Lawyer Fees | ||
| Notary Fees | ||
| Registry Fees | ||
| Total cost to purchase the property | ||
For illustrative purposes only.
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