Villa For sale – Marbella
821
m2
7
4
1110
m2
1 250 000 €
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.
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.
Beachfront, Town, Commercial Area, Beachside, Close To Port, Close To Shops, Close To Schools, Close To Marina, Urbanisation, Front Line Beach Complex
Orientation
North East, West, North West
Climate Control
Air Conditioning, Fireplace, U/F/H Bathrooms
Pool
Private
Covered Terrace, Lift, Fitted Wardrobes, Private Terrace, Games Room, Guest Apartment, Storage Room, Utility Room, Ensuite Bathroom, Marble Flooring, Basement
Views
Sea, Mountain, Panoramic
Security
Electric Blinds
Street
Location
Similar properties
