detached villa in New Golden Mile
€2,150,000
Prime Investment Opportunity – New Golden Mile
Reduced Price | Quick Sale | Renovation Project
Exceptional investment opportunity in the prestigious New Golden Mile. This detached villa has been significantly reduced from €2,900,000 to €2,150,000, making it a rare chance to acquire a prime asset below market value for a fast transaction.
Set on a 1,416 m² plot with 900 m² built, the property offers excellent potential for full renovation and value appreciation. The current layout includes 5 bedrooms and 4.5 bathrooms, with large interior spaces ideal for redesign into a modern luxury villa.
Ideal for investors seeking a renovation and resale project or long-term capital growth in one of the most in-demand areas of the Costa del Sol.
Prime New Golden Mile location
Priced for quick sale
High revaluation potential after renovation
Strong demand for luxury villas in the area
A solid investment with clear upside in a prime location.
Features
- Setting: Close To Golf, Close To Shops, Close To Town, Close To Schools.
- Condition: Renovation Required.
- Features: Basement.
- Utilities: Electricity, Drinkable Water, Telephone.
- Category: Investment.
- Parking: Optional.
Tell me more
- Tell me more about New Golden Mile
The New Golden Mile is a prestigious coastal stretch in Málaga province, Andalusia, Spain, extending roughly from San Pedro de Alcántara to Estepona. It is characterized by luxurious residential developments, five-star hotels, exclusive beach clubs, and several renowned golf courses. Unlike the original Golden Mile of Marbella, it offers a more relaxed yet equally upscale environment with modern architecture and extensive green spaces. The New Golden Mile attracts discerning buyers and visitors seeking high-quality properties and amenities in a tranquil beachfront setting. - How far is this property from the nearest airport?
New Golden Mile is 65km from the nearest airport, approximately 50 minutes driving time. - What are the annual runing costs of this property?
The annual running cost are €0 consisting of IBI €0 (Impuesto sobre Bienes Inmuebles' or Council Tax), Community Fees €0 and Garbage €0.
* Based on current information; values are subject to revision.
Overview
- Reference: R5265646
- Property Type: detached villa
- Bedroom: 5
- Bathroom: 4.5
- Parking: No
- Garden: Yes
- Pool: Yes
- Built: 900m²
- Terrace: 0m²
- Plot: 1,416m²
- Energy Rating: 0.00
- Energy Value:
- Year Completed: 1996
- IBI Fee: €0
- Community Fee: €0
- Garbage Fee: €0