Location: Marbella, Spain
Rare opportunity to adquire a brand new townhouse only a few meters away from the lovely Orange Square in Marbella Old Town. The property is under construction and is due to be finished by Easter 2016. There is still the possibility of changing the type of materials or even the layout.
The price includes a project for a townhouse with an adjoining apartment to be built with a traditional Andalusian façade yet allowing for contemporary layout and finishes inside.
There is flexibility to change the internal layout to suit your own preferences, with a total constructed area of 146M2, plus a courtyard of 12.5M2 and roof terrace of 37M2.
The accommodation can be planned with 3 bedrooms, 3 bathrooms, a living/dining room with access onto a patio, a separate kitchen, laundry room and an ample sunny solarium suitable for a jacuzzi. There is also space for a large pergola which could be converted into a third bedroom with en suite bathroom at a later stage . Views from here will be over the roof tops of the old town towards the mountains.
The adjoining apartment has one bedroom, one bathroom and an open plan living room kitchen. The apartment is ideal as a holiday apartment to let or as a independment guest apartment. This could produce a good income as this type of accommodation is in demand in the Old Town.
Marbella Old Town is beautiful and very desirable to live in. Orange Square is famous around the world and living just off it offers a very central location yet a quiet and tranquil setting. The immediate area has numerous bars, restaurants, shops and plazas to enjoy.The beaches of the area are within easy walking distance.
Method of Payment for the Property
The price for the plot which includes the project, the licence, the architect's fees to date, the archeological excavation and survey, the demolition and initial site preparation is 385,000 euros. This is a contract with the owner of the plot. With this package it is possible to go to a builder of your choice and for the work to start immediately.
To help those who do not have a builder we have obtained a fixed price of 210,000 euros for the construction work from a local builder with experience of working in the Old Town. There is a detailed specification and a bill of quantities which are available on request. This contract is direct with the builder with a 20% deposit payable followed by monthly staged payments based on an architect´s certificate of work carried out.
Taxes are not included in the above prices.