Property ID : R2231072
Off Market 525,000.00€ - Detached, Villa
TAKE ADVANTAGE OF THIS AMAZING INVESTMENT OPPORTUNITY! VILLA UNDER CONSTRUCTION ON LARGE PLOT IN LA MAIRENA, COSTA DEL SOL (SPAIN) Description Luxury villa under construction built on a large plot of 1.700m2 located in ELVIRIA, La Mairena, one of the best locations in the Costa del Sol, just outside Marbella (Málaga) surrounded by a forest with Mediterranean trees and beautiful views to the mountain and the sea. The Villa This Mediterranean style villa has a total built area of 638m2 over 3 floors. It consists of 4 bedrooms, 2 of them with walk in wardrobes, 4 bathrooms, games room and cinema room, office, kitchen with utility room, storage room and a laundry room. It has pre-installation for an internal lift, and has a large garage with 4 car spaces. Sales Price Price: 525.000€ Reduced from: 900.000€ In 2008, the bank valuated the property for 1.830.000 €. The seller is looking to recuperate the value of the land area, which is valued at approximately 525.000€. The property requires an investment between 300.000 € – 400.000 € to finish off the villa ( depending on the quality of the materials of construction chosen) Location The nearest beach to the Villa is Nikki Beach, located just 5km away, voted one of the top 20 beaches in the world according to Forbes. This beach is visited every year by several celebrities and royalty including Prince Albert of Monaco. Within a radius of only 2-5 km are 3 major golf clubs that attract players all year round and boasts one of the most luxurious hotels in Marbella, the 5 Star Hotel Don Carlos. Distance to the sea: 5 km Distance to Marbella: 8 Km Selling Points UNESCO has considered La Mairena as a protected area, preventing the sale of undeveloped land and new builds. This means a possible revaluation of housing prices built in this prime area. The property presents a unique opportunity to have a personal say in the completion of the Villa, we offer you full assistance to ensure you a hassle free experience.