5-Bed Villa with Renovation Potential in New Golden Mile
€1,150,000€5,227/m²
New Golden Mile, Málaga, Spain
5
bedrooms
2
bathrooms
220 m²
interior
2,465 m²
plot
Villa
property type
2 weeks ago
listed
The Habio take
AI summaryThis 5-bedroom villa offers excellent renovation opportunities in the New Golden Mile, Málaga. Set on a spacious 2,500 m² plot, it promises abundant sunshine and proximity to local shops and the beach.
- investment
- renovation
- golf
- beach
- quiet
Highlights
- 5 bedrooms
- Large 2,500 m² plot
- South-facing orientation
- Proximity to shops and amenities
- Close to beach and golf courses
- Excellent investment opportunity
Worth knowing
- Older property requires renovation or rebuilding
Good fit for: Ideal for buyers looking for a project in a desirable location.
Lifestyle scores
- Beach
- 70
- Walkable
- 75
- Remote work
- 60
- Family
- 70
- Retirement
- 65
- Airport access
- 65
- Investment
- 75
- Luxury
- 60
- Value
- 70
About this place
Located in El Paraíso Medio, this older villa presents a fantastic opportunity for renovation or a complete rebuild. The property boasts a generous south-facing orientation, ensuring all-day sunshine and a bright living environment.
With a substantial plot size of 2,500 m², there is ample space to create a modern luxury home complete with beautiful gardens and the option for a private pool. Its prime location places it within walking distance to shops, restaurants, and essential amenities, while a short drive will take you to pristine beaches and renowned golf courses in Estepona and Marbella.
This villa represents an ideal investment or redevelopment opportunity in one of the most sought-after areas of the Costa del Sol.
Where you’ll be
New Golden Mile, Málaga, Spain
Location is approximate — exact address is confirmed by the agent.
Open in Google MapsBuying 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
