Land with Ruin · El Paraiso

€875,000

Highlights

Reference
R5002300
Price
€875,000
Location
El Paraiso
Area
Málaga
Property Type
Land with Ruin
Bedrooms
0
Bathrooms
0
Plot Size
1879 m2
Built
348 m2
Terrace
0 m2
This stunning 1879m sq plot in El Paraiso, has a lovely Villa of 348m sq that has severe subsidence and cracks throughout the property. Therefore has been advised as full restoration by architects. Foundations could be reused but the potential in this plot is to take the property back 20m onto higher ground to make use of the amazing sea and golf views that are on offer. Set in a quiet residential road just a short drive to the A7 this plot is an investors dream. A long winding driveway, makes its way to the main property which consists of an Andalusian property with courtyard. Surrounded by nature this plot has a fantastic feeling of privacy.

With El Paraiso on the rise and prices increasing, it is seen as one of the most sought after residential areas for families. At 875,000€ this gives investors enough room for a new property to be built and a very nice ROI when sold.

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Features

  • Setting

    Suburban

    Close To Golf

  • Orientation

    South

    South West

    West

  • Condition

    Restoration Required

    New Construction

  • Pool

    Private

  • Views

    Sea

    Golf

    Street

  • Category

    Distressed

    Investment

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