Handpicked Offer

Nueva Andalucia villa on forced sale via bankBA73344541

Bank Repossession

Villa for sale in Nueva Andalucia

Price: 648.000 €

Nueva Andalucia villa on forced sale via Spanish bank, approx. 20% below average market prices. Highly sought after location - good opportunity for resale with profits.

648000

Price

5

Bedrooms

3

Bathrooms

231

Living area

78

Terrace Area

808

Plot

R3645656 (LOVESPAIN.COM)

Details

Reference

BA73344541

Bedrooms

5

Supermarket

3,1 km.

Price

648000

Bathrooms

3

Restaurant

2 km.

Type

Villa

Living area

231

Beach

5,3 km.

Area

Nueva Andalucia

Terrace area

78

Port

5,5 km.

Region

Costa del Sol

Plot size

808

Golf

1,6 km.

Community fees

98

Orientation

S

Bus

1,5 km.

Property tax

678

Year built

1988

Train

44 km.

Garbage tax

145

Exhibitors

Medium

Airport

62 km.

Extended property details

Details

Reference

Price

Type

Area

Region

Bedrooms

Bathrooms

Living area

Terrace area

Plot size

Orientation

Year built

Exhibitors

Community fees

Property tax

Garbage tax

BA73344541

648000

Villa

Nueva Andalucia

Costa del Sol

5

3

231

78

808

S

1988

Medium

98

678

145

Extended property details

Air condition

Private pool

Communal pool

Fireplace

Private garden

Communal gardens

Underfloor heating

Private parking

Lift

Double glazing

Storage room

Gym

Fitted wardrobes

Gated complex

Spa / sauna

Furniture

24 hour security

Tennis court

Air condition

Fireplace

Underfloor heating

Double glazing

Fitted wardrobes

Furniture

Private pool

Private garden

Private parking

Storage room

Gated complex

24 hour security

Lift

Communal pool

Communal gardens

Gym

Spa / sauna

Tennis court

Description

231 m large private villa on forced sale via large Spanish bank, located in a secluded and guarded neighborhood in the hip Nueva Andalucia, a few minutes drive from Marbella's world-famous port of Puerto Banus.

The house is originally from 1988 and appears in (medium) condition which makes it ideally suited for a refurbishment - or alternatively a complete renovation, which due to the low offer price and highly sought-after location, would provide space for a reasonable profit in the event of a. resale. In other words, this is a rare “craftsman offer” which actually appears in a relatively excellent condition.

The villa is built on 3 floors, which together contain 5 bedrooms, 3 bathrooms, large living room, kitchen, laundry room and plenty of storage space. Virtually all rooms have fitted wardrobes - while all living spaces have air conditioning and double glazing. The house's garden is fully mature with various fruit trees, flower beds and palm trees.

The plot on which the home is located is 808 m², located in an enclosed urbanization with security guard and automatic gate. Villas in the neighborhood, of the same type, are typically sold for € 745.000 (total renovation) - € 1.200.000 (newly renovated and modern).

From the property there are approx. 45 min. by car to Malaga airport, 12 min. to Marbella center, 7 minutes to Puerto Banus and 4 minutes to shopping, restaurants and shops.

Unique Selling Points

Great investment

Due to the property's attractive selling price and sought-after location, you can make a very good investment here.

Superb location

This property is located at one of the Costa del Sol's absolute best and most sought after addresses.

Renovation offer

The home is perfectly suited for renovation with potential for financial gain on resale.

Price Rating

This property

648.000€

.

Outstanding Value

Outstanding Value

.

Great value

.

Good Value

.

Normal value

.

Increased price

598000

-

654000

-

691000

-

743000

-

802000

-

802000

How is this calculated?

Bargain Andalucia collaborates widely and across the entire housing market on the Costa del Sol - a large network of over 700 real estate agents, the 7 largest Spanish banks and a total of 326 new and project sales buildings on offer. At the same time, we are connected to all 12 central housing databases found in Spain, which together comprise every one of the 37.845 properties (all including self-sale outside the real estate agents) that are being offered for sale along the solar coast right now. Due to this particular business model, we have access to huge amounts of industry data, figures and facts, giving us a deep insight and a complete bird's eye view when it comes to the southern Spanish housing market. The above pricing is based on a complex comparison with homes of the same type that are on sale today, as well as comparable properties that have been sold within the last 3 months. For this, one of the market's most advanced data comparison algorithms is used which includes up to 45 different property characteristics in its calculations, including location, size, condition, orientation, etc., and on this basis provides a reliable and accurate pricing. As a buyer, you therefore immediately, easily and conveniently get a useful and data-based picture of the market value of a given property. All ratings are always unbiased and cannot be purchased by broker or seller.

Location

The location of the residence is indicative. Contact us for exact location / address.

Photos