€499,000

Villa for sale Málaga
Property photo number 1 of 16 Photos for Property. File 104958823_2504_82cf2c45a3a1e0e414fe171284ea04d6.jpeg

Overview

SUMMARY: Discover an opportunity with this Málaga villa for sale and available for €499,000. This could be your next ideal home or a smart investment. More details await.

Excellent Investment Opportunity in the Heart of Marbella~~Just a few steps from Marbellas charming Old Town, this versatile multi-level property offers a prime location and endless potential. Spread over three floors, it is perfect for investors or those

looking to develop a family home in one of the most sought-after areas of the Costa del Sol.~~Property layout:~~Ground floor: 2 bedrooms, a full bathroom, an independent kitchen, storage space, and a pleasant interior patio.~First floor: 3 additional bedrooms and a second full bathroom.~Second floor: A spacious rooftop terrace with a utility/storage room that can easily be converted into a sixth bedroom or multipurpose space. There is also the possibility of partially enclosing the terrace to create even more usable area.~~Currently, the property is rented by individual rooms, generating steady monthly and annual rental income, making it a solid income-producing asset from day one.~~Investment options include:~~1. Maintaining the current rental income with existing tenants.~2. Renovating the property to increase its market value and boost rental returns.~3. Switching to short-term or holiday rentals to take full advantage of the high tourist demand in the area.~4. Developing a private family home, with the potential to create a private parking space on the ground floor.~~As you can see, this property offers a wide range of possibilities, adaptable to the needs and goals of different buyers and investors.~~Dont miss out on this fantastic opportunity to own a highly versatile property in the prized center of Marbella.~~ For more information or to schedule a viewing, feel free to contact us.~~The price includes the agency fees and the corresponding VAT (paid by the seller). It does not include the buyers expenses: ITP (property transfer tax), notary, land registry, and administrative (gestoría) fees.~

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Details

  • Neighborhood: Marbella
  • Beds: 5
  • Baths: 2
  • Price: €499,000
  • Reference No.: OP-8MEWPK
  • Area: 132 m2

Location

Marketed by:

  • Olala Properties
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  • +34622454076
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