Villas for Sale in Málaga (Province)

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Villa for Sale in Ojén (Málaga)  -  Ref.: 01362

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Villa for Sale in Ojén

Price

1,250,000 €

Metro 2 Plot833 €
Metro 2 Built2,119 €

Area

Plot1,500 m2
Built590 m2
Useful501 m2

Area: La Mairena

In Rural Area.

  • 5 Bedrooms
  • 5 Bathrooms
  • Mountain
  • In Order to Reform

description

LA MAIRENA — INVESTMENT / RENOVATION OPPORTUNITY Plot: approximately 1,500 m2 Built area: approximately 600 m2 A substantial and originally majestic villa in one of the best-view positions in La Mairena, approximately 23 years old and now requiring substantial modernisation and refurbishment. The property has an unusually attractive configuration for an investor or developer: Large main villa with three bedrooms, all en-suite A substantial lower-level apartment within the same building, with living area, kitchen and two further en-suite bedrooms Indoor swimming pool Outdoor swimming pool Exceptional panoramic views Approximately 1,500 m2 plot Potential to investigate additional construction/accommodation, subject to planning and the existing permitted/registered built area Excellent location close to the German School, Hoffsaess/Hoffsass and Ecos School Why it is interesting to a developer This is considerably more than a conventional renovation project. The property already provides approximately 600 m2 of built accommodation on a 1,500 m2 plot, with two distinct residential areas. Its configuration could work particularly well as: 1. A high-end private villa A major refurbishment could create an exceptional contemporary luxury home in a location with outstanding views. 2. A development / resale project The existing accommodation could be redesigned and modernised to create a high-value finished property, potentially producing a significant margin if acquired and renovated correctly. 3. A boutique B&B / luxury guest property The existing two-level configuration is particularly suited to this concept, with five en-suite bedrooms already available between the main villa and lower apartment. Subject to planning and the necessary licences, additional accommodation could potentially make the proposition even more interesting. Evidence of developer interest The property was majestic when originally built and has the fundamentals that are difficult to reproduce: exceptional views, a large plot, substantial existing construction, pools and an excellent La Mairena location.

features

  • Central Heating
  • Installation of Air Conditioning
  • Garage (1 Space)
  • Terrace

surroundings

  • Shopping Malls

community areas

  • Swimming-pool

transport network

  • Bus Services

contact the advertiser

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