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Detached Villa

location_onRío Real

€925,000

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Property Highlights

Ref No: R4360555 Price: €925,000
Location: Río Real Area: Málaga
Property Type: Detached Villa Bedrooms: 4
Bathrooms: 3 Plot Size: 600m2
Living Area: 149m2 Terrace: 36m2

Property Highlights

Ref No: R4360555
Price: €925,000
Location: Río Real
Area: Málaga
Property Type: Detached Villa
Bedrooms: 4
Bathrooms: 3
Plot Size: 600m2
Living Area: 149m2
Terrace: 36m2

Description

Excellent opportunity to acquire a 600m2 corner plot with a charming rustic villa of 149m2. The property features an entrance hall that leads to a spacious hallway and a generous living-dining room with High ceilings and direct access to a large covered porch/terrace offering beautiful views of the extensive garden, where a swimming pool can be built. From the living room, you can access two guest bedrooms with built-in closets and a shared bathroom in the hallway. Through the entrance hallway, you reach an independent kitchen with a closed terrace/laundry area and direct access to the garden surrounding the house. The hallway also provides access to the ample master bedroom, which boasts a full ensuite bathroom and a walk-in closet. From this bedroom, there is access to another terrace that surrounds the property. Additionally, the property includes a ground floor garage and an independent apartment, ideal for guests or service personnel, featuring 1 bedroom, a living-dining room with an open kitchen, and a bathroom with a shower. This apartment has direct access to the garden. While the house is old and in need of renovations, this property presents a compelling opportunity for an investor, whether to undertake a complete renovation or to build a new villa on the existing plot. The urban characteristics allow for the construction of a ground floor plus one additional floor, and even a basement is permitted. In accordance with the regulations of the 1986 Marbella General Urban Planning Plan (PGOU-86), the minimum required plot size is 500m2, with a building capacity of 0.35m/m2 and a maximum occupancy of 30%. The property enjoys an excellent location in the renowned area of El Real Panorama, within walking distance of the exclusive La Finca de Marbella urbanization. It is a very peaceful residential area, just a 3-minute walk from the beach, the promenade, and the new Mediterranean Park. The latter is an important ongoing project expected to be completed later this year. The park will encompass 40,000m2 of natural space, connecting with the promenade. Moreover, it will be one of the largest beach sports facilities in Andalusia, featuring five beach volleyball courts, three beach soccer fields, one beach handball court, yoga areas, and a large children's zone. The property is also within close proximity to Marbella, a 35-minute walk along the promenade, and a 5-minute drive to Marbella, 10 minutes to Puerto Banús and San Pedro, and 15 minutes to Estepona. The house has beautiful views of the iconic mountain of Marbella, "la Concha".
  • Setting

    Close To Golf

    Close To Port

    Close To Shops

    Close To Sea

    Close To Town

    Close To Schools

    Close To Marina

    Urbanisation

  • Orientation

    East

    West

  • Condition

    Renovation Required

  • Views

    Mountain

    Garden

  • Features

    Covered Terrace

    Fitted Wardrobes

    Near Transport

    Private Terrace

    Guest Apartment

    Storage Room

    Utility Room

    Ensuite Bathroom

    Marble Flooring

    Double Glazing

    Near Church

  • Furniture

    Not Furnished

  • Garden

    Private

  • Security

    Gated Complex

    Entry Phone

    Alarm System

  • Parking

    Garage

    Private

  • Utilities

    Electricity

    Drinkable Water

  • Category

    Holiday Homes

    Investment

    Reduced

    Resale

    Contemporary

  • Share

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    Community Fees

    €50 / monthly

    IBI (Municipal tax)

    €652 / annually

    Basura (Garbage collection fee)

    €139 / annually

    Approximate location