Land with Ruin in El Paraiso
Property description
This stunning 1879m sq plot in El Paraiso, has a lovely Villa of 348m sq that has severe subsidence and cracks throughout the property. Therefore has been advised as full restoration by architects. Foundations could be reused but the potential in this plot is to take the property back 20m onto higher ground to make use of the amazing sea and golf views that are on offer. Set in a quiet residential road just a short drive to the A7 this plot is an investors dream. A long winding driveway, makes its way to the main property which consists of an Andalusian property with courtyard. Surrounded by nature this plot has a fantastic feeling of privacy.
With El Paraiso on the rise and prices increasing, it is seen as one of the most sought after residential areas for families. At 875,000€ this gives investors enough room for a new property to be built and a very nice ROI when sold.
Get in contact for more information and to book a viewing.
Setting
Suburban
Close To Golf
Orientation
South
South West
West
Condition
Restoration Required
New Construction
Pool
Private
Views
Sea
Golf
Street
Category
Distressed
Investment
Community Fees: €0 / monthly
Basura Tax: €0 / annually
IBI Fees: €0 / annually
Highlights
Reference
R5002300
Price
€875,000
Location
El Paraiso
Area
Málaga
Property Type
Land with Ruin
Bedrooms
Bathrooms
0
Plot Size
1879 m2
Built
348 m2
Terrace
0 m2
Reference
R5002300
Price
€875,000
Location
El Paraiso
Area
Málaga
Property Type
Land with Ruin
Bedrooms
Bathrooms
0
Plot Size
1879 m2
Built
348 m2
Terrace
0 m2
- +45 24 42 37 44
