Bright penthouse apartment of 62 m2 (6,300 sq ft) located in the prestigious Montemar urbanization in Benahavis. 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.
Community Fees
€ 0 /Year
Garbage Tax
€ 0 /Year
IBI Fees
€ 0 /Year
These are property details provided by Property Overseas Group or one of their collaborating agents and does not constitute property particulars.
