3 bedroom Villa for sale with sea view with Income Potential in Las Chapas, Marbella, Andalucia
The property is just a few minutes' walk from the sea and a private school in a well-established area with all essential services within easy reach.
The cosy entrance hall leads to a spacious and bright living room featuring a distinctive turret and a fireplace, creating a warm and elegant atmosphere.
The villa's current layout includes three bedrooms and two bathrooms. One of the bedrooms has been adapted from the original garage, allo...
The property is just a few minutes' walk from the sea and a private school in a well-established area with all essential services within easy reach.
The cosy entrance hall leads to a spacious and bright living room featuring a distinctive turret and a fireplace, creating a warm and elegant atmosphere.
The villa's current layout includes three bedrooms and two bathrooms. One of the bedrooms has been adapted from the original garage, allowing for flexibility in space configuration.
The independent kitchen offers convenience and functionality, with direct access to the outdoor areas.
The exterior of the villa is one of its most attractive features. A large, well-maintained garden provides the possibility of building a private swimming pool, perfect for enjoying the Mediterranean climate. Additionally, an external staircase leads to the solarium, where breathtaking sea views can be admired, adding significant value to the property.
One of the most interesting aspects of this villa is its enormous renovation potential. Classified as UE3 (0.20), urban planning regulations allow for 20% buildability, offering the possibility to expand the home and even add a second level.
This makes it an excellent choice for those looking to undertake a re-modelling project aimed at modernizing and maximising the available space.
The renovation project could include a redistribution of the interior spaces to optimize functionality and enhance the flow between rooms. There is also the possibility of expanding the kitchen and opening it to the living room to create a more contemporary open-concept layout.
Additionally, constructing a new floor would allow for additional bedrooms or a master suite with a private terrace and panoramic sea views.
The villa's location is unbeatable. Within a five-minute walk there are several restaurants, beach clubs, supermarkets, and a pharmacy, ensuring convenience and easy access to essential services. Moreover, the beach is just a short walk away, allowing residents to enjoy the sea without needing a vehicle.
Las Chapas is one of Marbella's most sought-after residential areas, known for its tranquility, exclusivity, and proximity to some of the best beaches on the Costa del Sol. Its appeal as both a vacation and residential destination ensures high demand, making this villa a secure investment with great profitability potential after a well-executed renovation.
In summary, this property offers the perfect combination of a prime location, original charm, and expansion possibilities, making it an ideal investment project for those looking for a beach-front villa with strong appreciation potential.
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This Villa is located in Marbella in Spain
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Buying a Property in Spain
1. Putting down a Holding Deposit
On finding a property you wish to purchase you will need to negotiate the terms, price and conditions of the sale with the owner. This part of the process is not binding. We would recommend using an independent English speaking legal advisor. Once a purchase price has been agreed, normally a holding or reserve deposit will be required to ensure the property is removed from the market. The sum required will vary between properties and will be based on the purchase price. A time limit for the preagreement to be signed will be arranged and there will also be legal checks to be made.
2. Setting up a Pre-agreement (Contrato privado de compraventa)
The pre-agreement will set out the conditions under which the Buyer and Seller agree to complete the purchase of the property and the price they have agreed upon. Relevant details will generally be included for example the property details, purchase price and the date for completion. A deposit will be required at this point, this will vary, but will generally be 10% of the agreed price. This agreement will include a penal clause if the sale does not go through. If the seller pulls out of the sale your compensation will be double the deposit you have paid, but if you decide not to go through with the sale then your deposit will be lost. Certain checks will need to be made before signing the contract, checks should be made against the title of the property, mortgage status and if the property has any debts held against it. The planning status should also be looked into. These conditions can be varied by the seller and the buyer and other types of agreement can be made.
3. The Contract (Escritura de compraventa)
Before a non-Spanish purchaser can buy a Spanish property they will need to have set up a Spanish bank account and obtained a Spanish tax number (NIE). The completion will take place in the presence of a Notary Public. This is a Spanish public official, by law the deed of sale must be witnessed by a Notary Public. You will also need your own independent, expert legal advisor to act on your behalf. On Completion the buyer must pay the balance, that is the price agreed after the deposit has been deducted, plus any other fees on the completion date. Both buyer and seller must sign the Escritura de compraventa contract, (this is the Spanish equivalent of the title deeds). The title deeds (escritura) will be given to the buyer, this will be done in the presence of a Notary Public, they will certify that the transfer has taken place. The tax office will be sent a copy and the property registry will be informed of the transfer.