Handpicked Offer

Villa for renovation for sale in Nueva AndaluciaBA34198980

Handpicked Offer

Villa for sale in Nueva Andalucia

Price: 1.390.000 €

Rare investment opportunity: Renovation property for sale in the super-hot Nueva Andalucia, a stone's throw from the world-famous Puerto Banus port, with the possibility of a 50-100% increase in value.

1390000

Price

5

Bedrooms

5

Bathrooms

260

Living area

118

Terrace

800

Plot

R3897811 (COSTASOL PROPERTIES)

Details

Reference

BA34198980

Bedrooms

5

Procurement

1,7 km.

Price

1390000

Bathrooms

5

Restaurant

0,5 km.

Type

Villa

Living area

260

Beach

3,3 km.

Area

Nueva Andalucia

Terrace area

118

Port

3,3 km.

Region

Costa del Sol

Plot size

800

Golf

0,5 km.

Community fees

98

Orientation

S

Bus

1,5 km.

Property tax

1340

Year built

1991

Train

43 km.

Garbage tax

155

Exhibitors

Bad

Airport

61 km.

Extended property details

Details

Reference

Price

Type

Area

Region

Bedrooms

Bathrooms

Living area

Terrace area

Plot size

Orientation

Year built

Exhibitors

Community fees

Property tax

Garbage tax

BA34198980

1390000

Villa

Nueva Andalucia

Costa del Sol

5

260

118

800

S

1991

Bad

98

1340

155

Extended property details

Air condition

Private pool

Communal pool

Fireplace

Private garden

Communal gardens

Underfloor heating

Private parking

Elevator

Double glazing

Storage room

Gym

Fitted wardrobes

Gated complex

Spa / sauna

Furniture

24 hour security

Tennis court

Air condition

Fireplace

Underfloor heating

Double glazing

Fitted wardrobes

Furniture

Private pool

Private garden

Private parking

Storage room

Gated complex

24 hour security

Elevator

Communal pool

Communal gardens

Gym

Spa / sauna

Tennis court

Description

Large villa for renovation for sale in the highly sought after Nueva Andalucia, one of the coast's most exclusive and sought after neighborhoods. Craftsman offers of this type at this address go "normally" for 1.500.000 € + (when they very rarely go on sale), while newly built / renovated villas are sold for around 3.000.000 € and up. Thus, it is planned to be able to make a fantastic investment here, as the price tag only reads € 1.390.000, and the seller is very motivated to sell quickly due to personal reasons.

As if the attractive offer price was not enough in itself, the house benefits from a nice open view to the La Concha mountain and exclusive Las Brisas golf course. In addition, the garden is screened for included from all sides, ensuring the family privacy 100%.

The house has 5 bedrooms in total, 2 of which are master suites with private bathrooms located on the 1st floor, one with private terrace from which there is open panoramic views. On the ground floor there are 2 more bedrooms, 2 bathrooms, and one separate apartment unit, also with its own bathroom and bedroom.

Due to the extremely popular location, low offer price and high demand for the purchase of modern functional villas in Nueva Andalucia, there is a real opportunity to resell at a great profit, for a renovation cost of between 500.000 € and 800.000 €. Depending on the choice of material and final solution, it is estimated that a resale price for the house here could reach 2.500.000 € - 3.200.000 €.

Unique Selling Points

Great investment

Due to the property's attractive selling price and sought-after location, you can make a very good investment here.

Superb location

This property is located at one of the Costa del Sol's absolute best and most sought after addresses.

Renovation offer

The home is perfectly suited for renovation with potential for financial gain on resale.

Price Rating

.

Outstanding Value

.

Great value

This property

€1.390.000

.

Good Value

Good Value

.

Normal value

.

Increased price

1182000

-

1271000

-

1359000

-

1442000

-

1532000

-

1532000

How is this calculated?

Bargain Andalucia collaborates widely and across the entire housing market on the Costa del Sol - a large network of over 700 real estate agents, the 7 largest Spanish banks and a total of 326 new and project sales buildings on offer. At the same time, we are connected to all 12 central housing databases found in Spain, which together comprise every one of the 37.845 properties (all including self-sale outside the real estate agents) that are being offered for sale along the solar coast right now. Due to this particular business model, we have access to huge amounts of industry data, figures and facts, giving us a deep insight and a complete bird's eye view when it comes to the southern Spanish housing market. The above pricing is based on a complex comparison with homes of the same type that are on sale today, as well as comparable properties that have been sold within the last 3 months. For this, one of the market's most advanced data comparison algorithms is used which includes up to 45 different property characteristics in its calculations, including location, size, condition, orientation, etc., and on this basis provides a reliable and accurate pricing. As a buyer, you therefore immediately, easily and conveniently get a useful and data-based picture of the market value of a given property. All ratings are always unbiased and cannot be purchased by broker or seller.

Location

The location of the residence is indicative. Contact us for exact location / address.

Photos