Spanish Properties

8 Bed House For Sale In Cabopino

New Search   Ref: R3795985  Price: €475,000
Property Details
Bedrooms8
Bathrooms6
Living Area340m²
Terrace0m²
Garden
Plot Size500m²
PoolYes
Parking0
Community Fees0€
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Property Overview

8 Bed House For Sale In Cabopino.
RENOVATION OPPORTUNITY FOR RENTAL INVESTORS! Reduced to sell from €550.000 and built in 2004, this unique renovation project offers a total of up to 8 bedrooms within 10 minutes walking distance to a prime sandy beach and amenities in Cabopino, Marbella – ideal for short term rentals. The property has been partially renovated already (€70.000 spent) and needs finishing. The majority of the work has been completed including new flooring, windows & doors, electrics & lighting, plastering, main terrace enclosure with glass curtains, and one new modern kitchen. The interior needs to be finished, including a second kitchen, two bathrooms, and the basement, as well as the outdoor spaces including swimming pool and entrance at an estimated cost of €50 - 100.000 with an expected resales value of €800.000+ on completion. Inside, the property is distributed over 4 levels: on the entry level there is a bright spacious open-plan living area with glass curtains, modern kitchen, and terrace. Upstairs there are 3 bedrooms, two bathrooms, and a terrace with partial sea view. On the lower level there is a 2 bedroom apartment with kitchen and full size living area. In the basement, there is space for another 2 bedroom apartment with living area. There is also a separate small studio with external access. Price includes some materials already purchased, including concrete for the swimming pool. This is an ideal property for a large family or a rental investor to maximize rental income in a popular tourist and golf area within walking distance to the beach, local commercial centre, and the port of Cabopino.

Property Features

Orientation
  •  South
Condition
  •  Renovation Required
  •  Recently Renovated
  •  Recently Refurbished
Pool
  •  Private
  •  Room For Pool
Garden
  •  Landscaped
  •  Easy Maintenance
Security
  •  Entry Phone
  •  Alarm System
Parking
  •  Street
Setting
  •  Frontline Golf
  •  Close To Golf
  •  Close To Port
  •  Close To Shops
  •  Close To Sea
  •  Close To Town
  •  Close To Schools
  •  Close To Marina
Views
  •  Sea
  •  Mountain
  •  Golf
  •  Pool
Features
  •  Covered Terrace
  •  Fitted Wardrobes
  •  Near Transport
  •  Private Terrace
  •  Satellite TV
  •  WiFi
  •  Guest Apartment
  •  Storage Room
  •  Utility Room
  •  Ensuite Bathroom
  •  Marble Flooring
  •  Barbeque
  •  Double Glazing
  •  Staff Accommodation
  •  Near Church
  •  Basement
  •  Fiber Optic
Category
  •  Investment
  •  Resale

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