USD 1,531,950
USD 1,317,807
USD 1,482,532
9,688 sqft
USD 1,669,222
3 bd
8,579 sqft
USD 1,098,172
USD 1,537,441
5 bd
7,449 sqft
INDEPENDENT VILLA IN THE CENTRE OF MARBELLA, EXCELLENT HIGH RETURN INVESTMENT OPPORTUNITY.The property is located in the centre of Marbella, on Av Jose María Gironella, Huerta Belón.It is an independent building of 821 sqm on a plot of 1,110 sqm. Built on 1975, the property principal use at present is commercial, in fact it has been the offices of an important multinational security company for the last 30 years. Most important is that both residential and “dotacional” (for sport, health, religious, social activities) uses are compatible, allowed there.The property needs a deep refurbishment and adaptation to the new use, we estimate a capital expenditure close to 1 million. In our opinion it would be a high ROI investment if it was transformed into a student residence or temporary-mid term rentals, there is a very high local demand and prices have rocketed. There are more options in any case, the plot can be divided in two, and two villas could be built there. View more View less VILLA UNIFAMILIAR EN EL CENTRO DE MARBELLA, EXCELENTE OPORTUNIDAD DE NEGOCIO DE ALTO RETORNO.La propiedad se encuentra ubicada en pleno centro de Marbella, en la Avenida Jose Maria Gironella, Huerta Belón.Se trata de una construcción de 821 m2 sobre una parcela de 1.110 m2. Construida en 1975, la edificación tiene actualmente uso de oficinas, de hecho lleva siendo la base de una importante empresa de seguridad más de 30 años. Lo más importante es que tanto el uso residencial cómo el dotacional son compatibles.La propiedad necesita una reforma profunda y adaptación a un nuevo uso, estimamos un capex entorno a 1 millón. En nuestra opinión sería un negocio de alta rentabilidad si se transformase en una residencia de estudiantes / alquileres temporales, ya que hay una gran demanda local de habitaciones y los precios son muy elevados. Hay más opciones en cualquier caso, la parcela es segregable en dos, se podrían construir dos viviendas nuevas también. Located in Marbella.
INDEPENDENT VILLA IN THE CENTRE OF MARBELLA, EXCELLENT HIGH RETURN INVESTMENT OPPORTUNITY.The property is located in the centre of Marbella, on Av Jose María Gironella, Huerta Belón.It is an independent building of 821 sqm on a plot of 1,110 sqm. Built on 1975, the property principal use at present is commercial, in fact it has been the offices of an important multinational security company for the last 30 years. Most important is that both residential and “dotacional” (for sport, health, religious, social activities) uses are compatible, allowed there.The property needs a deep refurbishment and adaptation to the new use, we estimate a capital expenditure close to 1 million. In our opinion it would be a high ROI investment if it was transformed into a student residence or temporary-mid term rentals, there is a very high local demand and prices have rocketed. There are more options in any case, the plot can be divided in two, and two villas could be built there.