5 Bedroom Detached Villa For Sale In Nueva Andalucía
€3,500,000€7,609/m²
Andalusia, Spain
5
bedrooms
6
bathrooms
460 m²
interior
Villa
property type
6 days ago
listed
About this place
Discover this property with enormous potential in one of the most sought-after areas, just a few minutes' walk from Puerto Banús. In its current condition, the home is perfectly livable with minor cosmetic updates, but it truly stands out for its exceptional potential for value appreciation. The house is distributed over three levels (basement, ground floor, and upper floor), with the additional option of creating a loft level. It features terraces on different levels, sea views, and a very მშვიდ environment with minimal traffic and easy parking, as well as private space for two vehicles within the property. One of its main highlights is the basement, with ceilings approximately 5 meters high, offering an outstanding range of possibilities—from creating new living spaces to adding direct access to the garden and pool. The property can easily accommodate additional bedrooms (up to 2 or 3 more), all with natural ventilation, even on the lower level. With an investment in renovation and space optimization, this property can be transformed into a high-end residence, with an estimated market value of around €5.5 million. A unique opportunity both for investors and for those seeking an exclusive home with strong potential on the Costa del Sol.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
