1 bedrooms, 1 baths, Townhouse in Nueva Andalucía

This one is for investors, and it needs saying up front. The sale is in bare ownership, with a lifetime usufruct currently held by an elderly individual, and it is cash buyers only. If that structure suits you, read on, because the numbers are interesting.It is a small townhouse in Nueva Andalucía, 45 m² built on a 112 m² plot, with one bedroom and one bathroom as it stands.

What you are really buying is the position and the potential. The house has its own direct entrance from the street and there are no community fees. The terrace is private and a generous 60 m², facing west, with sea and panoramic views.

There is a private garden and a covered parking space.The property needs a full renovation, no way round that. The kitchen is only partially fitted and it comes unfurnished. But there is scope to extend, including adding one extra floor, which would turn it into a townhouse of two or three bedrooms and two or three bathrooms.

After that work, the estimated market value could exceed 600,000 euros.Location does a lot of the heavy lifting here. Puerto Banús is 5 minutes away, the golf valley is 2 minutes, and shops are within walking distance. Schools and the sea are both close.A project rather than a home to move into, but a well placed one.For viewings or further information, get in touch.

Location

Photo gallery with 20 photos of this townhouse

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