Penthouse

€232,000,-

Description

Investment Opportunity!

Bright penthouse apartment of 62 m² (6,300 sq ft) located in the prestigious Montemar urbanization in Benahavís. This property represents an excellent value-add opportunity for investors looking to capitalize on the price difference through a strategic renovation.

This asset is offered at a competitive entry price due to the advanced stage of the legal/registry process. The mortgage debt has already been deposited with the court, and the property is vacant and under possession control, eliminating the usual risks of squatting. It is the ideal option for a buyer who understands the value of acquiring a discounted asset and is willing to wait for the formal resolution of the administrative process to capture a higher return.

PROPERTY NOT ELIGIBLE FOR MORTGAGE

Potential and Key Features:

62 m² (6,300 sq ft) of functionally distributed interior space, plus a generous 20 m² (2,300 sq ft) private terrace with open views of the sports area, ‌the ‌surrounding ‌hills, ‌and ‌the La ‌Zagaleta ‌mountains. It features 2 ‌bedrooms, ‌2 bathrooms, a living/dining ‌room, and a separate kitchen.

Extras included: ‌Parking ‌space, ‌storage ‌room, ‌and ‌swimming ‌pool.

Features

General
Category: Investment
Setting: Urbanisation
Condition: Renovation Required
Orientation: North
Views: Urban
Utilities: Drinkable Water
Dimensions
Built: 62 m²
Garden/plot size: 0 m²
Terrace Size: 17 m²
Extras
Pool: Communal
Parking: Private
Garden: No garden
Other
Location: Benahavís
Property Type: Penthouse
R5455636

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