Off Market
1,200,000€
Villa for Sale in Rio Real. It is a promising investment opportunity in Rio Real, Marbella. A three-bedroom villa with the potential for expansion, a convenient location, and various attractive features.
Location:
Being in a quiet cul-de-sac is generally positive for residential properties. Verify the neighborhood’s safety, amenities, and proximity to key places like the beach and Marbella Centre.
Potential for Expansion:
The fact that the property can have lower and upper levels added is a significant advantage. It allows for customization and potentially increasing the property value.
Current Property Layout:
Three bedrooms, two bathrooms, a living/dining area, and a kitchen are common features. Assess the size and layout to determine if it meets market demands.
Lower Level Conversion:
If the lower level can be converted into an independent apartment, it adds versatility to the property. This could attract renters or provide additional living space.
Outdoor Amenities:
A spacious garden, swimming pool, and outdoor kitchen/BBQ area enhance the property’s appeal. Consider the maintenance requirements and how well these features complement the lifestyle of potential buyers or renters.
Views:
Sea and mountain views are usually desirable, potentially increasing the property’s value. Confirm that these views are protected and won’t be obstructed in the future.
Additional Features:
Features like a car port, shutters, fireplace, and storage area add value and convenience. Ensure these are in good condition and meet local regulations.
Market Trends:
Research current real estate trends in Marbella to understand the demand for properties in the area. Verify the legal aspects of the property, including permits for potential expansions and any existing issues.
Contact us today to get additional information or book your visit of this Villa for Sale in Rio Real.
What are the buying costs in Spain?
Find out everything you need to know about the process in Spain, what documents you need and full information about yearly taxes and community fees here.
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