Ground Floor Apartment · Nueva Andalucía
Ground Floor Apartment in Nueva Andalucía
€3,000,000Asking price · Ref. R5002141
Description
An amazing development opportunity to invest in a double ground floor apartment in Magna Marbella with its own private garden boasting lovely sea and mountain views and situated front line to the Golf Course.
Subject to license one would be able to create and design a stunning four bedroom apartment with a private pool and garden.
The property is currently presented as a building site, but partly new floor tiles has been fitted and remaining tiles are included in the sale. The property has been totally re-wired and has had new automated air-conditioning installed. Belonging to the property is two private underground parking spaces with lift taking to the ground floor.
An excellent chose for a residential investor developing a fantastic golfer’s dream of a home located in the heart of Las Brisas close to three famous golf courses and a stone throw from a community practice range and well-known Club restaurant.
Setting
Frontline Golf
Orientation
South West
Condition
Renovation Required
Pool
Communal · Room For Pool
Climate Control
Air Conditioning
Views
Sea · Golf
Features
Covered Terrace · Lift · 24 Hour Reception
Kitchen
Not Fitted
Garden
Communal · Private
Security
Gated Complex · 24 Hour Security
Parking
Underground
Property Intelligence
Investment memo
Based on feed data only. Where information is not available we say so.
- Asking price
- €3,000,000
- Price per m² built
- €12,000 asking price ÷ listed built area
- Built size
- 250 m²
- Plot size
- 186 m²
- Terraces
- 52 m²
- Bedrooms
- 4
- Bathrooms
- 3
- Area
- Nueva Andalucía · area guide
- Location quality
- The Golf Valley behind Puerto Banús, with the widest choice of contemporary villas.
- Rental potential
- Not assessed from feed data. Licensing, seasonality and costs are reviewed in a full memo.
- Liquidity considerations
- Solid international demand; marketing periods are driven by location quality, condition and pricing discipline.
- Relative value
- We do not publish valuations or comparables we have not verified. A comparable set is prepared on request.
Why we like it
- Views listed in the feed: sea, golf.
- Private or communal pool listed.
- Security: gated complex, 24 hour security.
What we would challenge
- Condition listed as renovation required: assume a modernisation budget until surveyed.
- Community fees, statutes and management quality should be reviewed before an offer.
- Asking price only: we form a view of value from verified comparables before recommending an offer.
What we would verify
- Registered versus cadastral areas for plot and built surfaces
- Licence of first occupation and legality of all structures
- Charges, encumbrances and ownership at the land registry
- Local taxes (IBI), community fees and any pending levies
Acquisition considerations
- Resale purchases in Andalusia are generally subject to 7% transfer tax (ITP); new-build purchases to VAT plus stamp duty. Notary, registry and legal fees are additional. Confirm with your lawyer.
- A private purchase contract with a deposit (often around 10%) normally precedes completion before a notary.
- Financing approvals should be secured before signing a deposit contract.
Nueva Andalucía: context
Nueva Andalucía stretches inland from Puerto Banús into the Golf Valley, framed by Los Naranjos, Las Brisas, Aloha and La Quinta-adjacent courses. It has become the market’s main hub for contemporary villas and renovated homes.
- Puerto Banús
- c. 5–10 min
- Marbella old town
- c. 15 min
- Málaga airport
- c. 45–50 min
- Aloha College / schools
- c. 5–10 min
Approximate driving times, traffic-dependent.
Financing example
How a buyer could potentially fund 100% of the purchase price without automatically selling investments.
- Property price
- €3,000,000
- Taxes, legal, notary and acquisition costs illustrative c. 10%
- €300,000
- Total acquisition requirement
- €3,300,000
- Traditional mortgage 50% of property price
- €1,500,000
- Portfolio-backed facility e.g. c. 70% of an eligible portfolio of c. €2.57m
- €1,800,000
- Cash sale of investments required
- €0
Financing examples are illustrative and do not constitute an offer of credit. Availability depends on the client profile, collateral, property, jurisdiction and lender approval. Portfolio-backed lending may be illustrated at up to approximately 70% loan-to-value where suitable. Actual lending value depends on portfolio composition, concentration, volatility, liquidity, currency, jurisdiction and lender approval. Borrowing below the maximum leaves a buffer if markets fall. Mortgage approval depends on income, residency, property value and lender. How Smart Financing works.
Property information is supplied by owners, collaborating agencies and/or authorised data providers and is subject to verification. Availability, measurements, planning status and specifications may change and should be independently confirmed before acquisition. The exact address is disclosed privately.