Description

This unique real estate opportunity in Marbella’s sought-after Nueva Andalucía is perfect for investors looking for a long-term asset. Situated just 5 minutes from the glamorous Puerto Banús and within walking distance to local shops, this bare ownership property comes without community fees, with a lifetime usufruct held by an elderly individual. The immediate vicinity includes the renowned golf valley, just 2 minutes away, making it an especially attractive investment for those eyeing future resale or rental income potential. The property, requiring complete renovation, offers the rare opportunity to transform it into a charming townhouse. Potential buyers can even extend the current structure by adding an extra floor, thus expanding it into a spacious 2/3 bedroom, 2/3 bathroom home. With a covered parking space included, its potential market value post-renovation could exceed €600,000. This purchase requires cash buyers ready to seize an exceptional opportunity in one of Spain’s luxurious locales. For viewings or additional details, get in touch today.