Detached Villa in Río Real
Excellent opportunity to acquire a 600m2 corner plot with a charming rustic villa of 149m2. The property features an entrance hall that leads to a spacious hallway and a generous living-dining room with High ceilings and direct access to a large covered porch/terrace offering beautiful views of the extensive garden, where a swimming pool can be built. From the living room, you can access two guest bedrooms with built-in closets and a shared bathroom in the hallway. Through the entrance hallway, you reach an independent kitchen with a closed terrace/laundry area and direct access to the garden surrounding the house. The hallway also provides access to the ample master bedroom, which boasts a full ensuite bathroom and a walk-in closet. From this bedroom, there is access to another terrace that surrounds the property.
Additionally, the property includes a ground floor garage and an independent apartment, ideal for guests or service personnel, featuring 1 bedroom, a living-dining room with an open kitchen, and a bathroom with a shower. This apartment has direct access to the garden.
While the house is old and in need of renovations, this property presents a compelling opportunity for an investor, whether to undertake a complete renovation or to build a new villa on the existing plot. The urban characteristics allow for the construction of a ground floor plus one additional floor, and even a basement is permitted. In accordance with the regulations of the 1986 Marbella General Urban Planning Plan (PGOU-86), the minimum required plot size is 500m2, with a building capacity of 0.35m/m2 and a maximum occupancy of 30%.
The property enjoys an excellent location in the renowned area of El Real Panorama, within walking distance of the exclusive La Finca de Marbella urbanization. It is a very peaceful residential area, just a 3-minute walk from the beach, the promenade, and the new Mediterranean Park. The latter is an important ongoing project expected to be completed later this year. The park will encompass 40,000m2 of natural space, connecting with the promenade. Moreover, it will be one of the largest beach sports facilities in Andalusia, featuring five beach volleyball courts, three beach soccer fields, one beach handball court, yoga areas, and a large children's zone.
The property is also within close proximity to Marbella, a 35-minute walk along the promenade, and a 5-minute drive to Marbella, 10 minutes to Puerto Banús and San Pedro, and 15 minutes to Estepona.
The house has beautiful views of the iconic mountain of Marbella, "la Concha".
Setting
Close To Golf
Close To Port
Close To Shops
Close To Sea
Close To Town
Close To Schools
Close To Marina
Urbanisation
Orientation
East
West
Condition
Renovation Required
Views
Mountain
Garden
Features
Covered Terrace
Fitted Wardrobes
Near Transport
Private Terrace
Guest Apartment
Storage Room
Utility Room
Ensuite Bathroom
Marble Flooring
Double Glazing
Near Church
Furniture
Not Furnished
Garden
Private
Security
Gated Complex
Entry Phone
Alarm System
Parking
Garage
Private
Utilities
Electricity
Drinkable Water
Category
Holiday Homes
Investment
Reduced
Resale
Contemporary
Community Fees: €50 / monthly
Basura Tax: €139 / annually
IBI Fees: €652 / annually
Property Highlights
Ref No
R4360555
Price
€925,000
Location
Río Real
Area
Málaga
Property Type
Detached Villa
Bedrooms
4
Bathrooms
3
Plot Size
600 m2
Living Area
149 m2
Terrace
36 m2
More Information