Marbella Detached Villa

Detached Villa for sale in Marbella, Marbella

€1,300,000

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.

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.
  • Features

    Basement

  • Orientation

    South

  • Setting

    Close To Schools

  • Condition

    Renovation Required

  • Garden

    Private Garden

  • Security

    Alarm System

  • Parking

    Private

  • Community Fees: €0 / monthly

    Waste Disposal Fees: €0 / annually

    Property Tax (IBI): €3,439 / annually

    €1,300,000

    Highlights

    Reference
    R4438777
    Price
    €1,300,000
    Location
    Marbella
    Area
    Málaga
    Property Type
    Detached Villa
    Bedrooms
    7
    Bathrooms
    3
    Plot Size
    1110 m2
    Built
    821 m2
    Terrace
    0 m2
    PDF
    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.
  • Features

    Basement

  • Orientation

    South

  • Setting

    Close To Schools

  • Condition

    Renovation Required

  • Garden

    Private Garden

  • Security

    Alarm System

  • Parking

    Private

  • Community Fees: €0 / monthly

    Waste Disposal Fees: €0 / annually

    Property Tax (IBI): €3,439 / annually

    Your Sales Agent

    Margot van Arum

    Managing Director

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