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Land with Ruin

location_onEl Paraiso

€875,000

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Property Highlights

Ref No: R5002300 Price: €875,000
Location: El Paraiso Area: Málaga
Property Type: Land with Ruin Bedrooms: 0
Bathrooms: 0 Plot Size: 1879m2
Living Area: 348m2 Terrace: 0m2

Property Highlights

Ref No: R5002300
Price: €875,000
Location: El Paraiso
Area: Málaga
Property Type: Land with Ruin
Bedrooms: 0
Bathrooms: 0
Plot Size: 1879m2
Living Area: 348m2
Terrace: 0m2

Description

This stunning 1879m sq plot in El Paraiso, has a lovely Villa of 348m sq that has severe subsidence and cracks throughout the property. Therefore has been advised as full restoration by architects. Foundations could be reused but the potential in this plot is to take the property back 20m onto higher ground to make use of the amazing sea and golf views that are on offer. Set in a quiet residential road just a short drive to the A7 this plot is an investors dream. A long winding driveway, makes its way to the main property which consists of an Andalusian property with courtyard. Surrounded by nature this plot has a fantastic feeling of privacy. With El Paraiso on the rise and prices increasing, it is seen as one of the most sought after residential areas for families. At 875,000€ this gives investors enough room for a new property to be built and a very nice ROI when sold. Get in contact for more information and to book a viewing.
  • Orientation

    South

    West

    South West

  • Views

    Sea

    Golf

    Street

  • Setting

    Close To Golf

    Suburban

  • Condition

    Restoration Required

    New Construction

  • Pool

    Private

  • Category

    Investment

    Distressed

  • Share

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    Approximate location