Investment villa to be renovated in the lower part of Nueva Andalucía near the Casino

1,600,000 €

Description

Villa built in 1986, located in the lower part of Nueva Andalucía, next to Opencor, 500 meters from the Nueva Andalucía U-turn (Casino), and close to several international schools. Its location and access will save time and make your daily life easier, with all amenities just steps away. You can also walk to a wide selection of Nueva Andalucía restaurants and Puerto Banús, with its extensive range of luxury shops. This area is home to several prestigious golf courses, such as Real Club de Golf Las Brisas, Los Naranjos Golf Club, and Club de Golf Aloha, among others. Nueva Andalucía is a well-established luxury area due to high demand for both buying and renting by foreign clients.

The property is built on a flat, very private 512 m² plot with a garage for two cars and access to two streets (Calle Yedras – Calle Las Camelias), providing great convenience. The house was built to offer Marbella-style living in every room. It features air conditioning, a fireplace, a barbecue, a woodshed, a storage room, a large porch, a summer dining room, gardens with two sweet orange trees, a lemon tree, an olive tree, a large bougainvillea, and a swimming pool (7.15 x 3.50 x 1.60).

The house is spread over two floors: the main floor includes an entrance hall, a living room, a hallway, a kitchen, a laundry room, an office/bedroom, and a full bathroom.

Going up to the first floor, the hallway welcomes us with a bright light thanks to the skylights, leading to the master bedroom with its en-suite bathroom and terrace, and two other bedrooms that share a bathroom.

The exterior of the house features a pool area and a garden area that surrounds the entire house.

This property is an excellent opportunity to acquire a detached villa in Nueva Andalucía at a low cost, carry out a renovation to modernize the house, and create a modern villa, which will significantly increase its value. We estimate a 30% profit after a complete renovation for the investor who completes the renovation and puts it back on the market.

Detail

  • Bedrooms: 4
  • Bathrooms: 3
  • Property ID: V DANI G
  • Price: 1,600,000 €
  • Bedrooms: 4
  • Bathrooms: 3
  • Plots: 512 m2
  • Built: 205 m2