4 bed property for sale

Nueva Andalucia, Marbella, Spain

An outstanding residence that offers a lifestyle of elegance on the Costa del Sol. The project is highly cost-effective, making it a good fit for those seeking both a speedy return on investment and substantial rental potential. The property is located in a prestigious area, where nearby properties start at 3 million euros, making this an enticing offer. Situated in Nueva Andalucía, the villa is conveniently located close to all necessary amenities. It's just a 5-minute drive to Puerto Banús and 10 minutes away from Marbella Center, offering easy access to everything the area has to offer. This is an attractive investment opportunity: A stunning house whose most challenging aspect has already been tackled - the redevelopment license has been obtained! To renovate the property, an investment of approximately 500,000 euros is needed. However, according to the report, the market value of the house is expected to exceed 3 million euros once the refurbishment is completed. This property generates a rental income over 150,000 euros per year!