Villa for Refurbishment in Rio Real

A great opportunity to acquire a 600m² corner plot with a 149m² rustic villa, ideal for a refurbishment project. The property features high ceilings, a spacious living-dining area, and a large covered terrace with beautiful garden views, where a pool can be added. The villa includes a master bedroom with an ensuite bathroom, two bedrooms with built-in closets and a shared bathroom. An independent kitchen with access to a closed terrace/laundry area and the surrounding garden. Additionally, there’s an independent bedroom with bathroom, perfect for guests or staff, with direct garden access. While the house requires a full renovation, it is a compelling investment opportunity. You can either renovate or build a new villa, the urban regulations allow the construction of a ground floor plus one additional floor, and even a basement is permitted. The 1986 Marbella General Urban Planning Plan (PGOU 1986), the minimum required plot size is 500m2, with a building capacity of 0.35m/m2 and a maximum occupancy of 30%. Located in the peaceful El Real Panorama area, it’s just a 3-minute walk from the beach, promenade, and the upcoming 40,000m² Mediterranean Park. Marbella is only a 3-minute drive or a 20-minute walk along the promenade. Contact us to arrange a viewing!