Detached Villa in New Golden Mile
We are pleased to present an attractive investment opportunity in the form of a villa, which includes all the necessary licenses and approvals for its construction. This villa can be acquired in its current state, along with the licenses, or as a completed project, with a short turnaround time of just 6 months.Originally part of the La Boladilla Village development, which faced unfortunate delays, the legal matters surrounding this development have now been successfully resolved with the previous developers. With new plans and licenses approved by the Town Hall, construction on the villa is ready to resume, ensuring a turnkey property will be delivered within 6 months. The villa can be purchased in its current state for 750,000€ or as a completed project for 1,200,000€.Strategically located on the esteemed New Golden Mile, the villa enjoys a prime position with breathtaking south-facing views of the sea. Its design features an inviting open-plan living space, three bedrooms, and a spacious basement that spans the entire footprint of the house. In addition, the property includes a private pool that complements the outdoor amenities.The exceptional location of the villa provides convenient access to the beach and a vibrant promenade, where a variety of restaurants, beach bars, and renowned hotels such as the Las Dunas Hotel and Coral Beach Resort are situated. This locale presents an excellent lifestyle opportunity for prospective owners and tenants alike.For astute investors, this represents an outstanding chance to acquire a property that is expected to experience a significant increase in value upon completion. Don't miss out on this promising investment opportunity.
Setting
Close To Golf
Close To Shops
Close To Sea
Orientation
South
Pool
Private
Views
Sea
Features
Private Terrace
Garden
Private
Parking
Covered
Community Fees: €0 / monthly
Waste Disposal Fees: €0 / annually
IBI - Property Tax: €0 / annually
Highlights
Reference
R4353331
Price
€750,000
Location
New Golden Mile
Area
Málaga
Property Type
Detached Villa
Bedrooms
3
Bathrooms
3
Plot Size
503 m2
Built
250 m2
Terrace
0 m2