Charming 4-Bed Villa with Renovation Potential in Rio Real Golf
€920,000€6,174/m²
Rio Real Golf, Málaga, Spain
4
bedrooms
3
bathrooms
149 m²
interior
600 m²
plot
Villa
property type
3 Aug 2026
listed
The Habio take
AI summaryThis charming rustic villa offers a unique opportunity with 149m² of living space on a generous 600m² corner plot. Located in the serene El Real Panorama area of Málaga, the property is just a short walk from the beach and the picturesque Mediterranean Park.
- golf
- beach
- investment
- pool
- quiet
Highlights
- Spacious 149m² rustic villa
- Generous 600m² corner plot
- Opportunity for renovation or new build
- Close proximity to beach and parks
- Separate guest/staff apartment included
Worth knowing
- Property requires renovation
- Limited immediate amenities within walking distance
Good fit for: Ideal for buyers looking for investment potential or a renovation project in a serene coastal location.
Lifestyle scores
- Beach
- 85
- Walkable
- 75
- Remote work
- 60
- Family
- 70
- Retirement
- 65
- Airport access
- 70
- Investment
- 75
- Luxury
- 60
- Value
- 65
About this place
This corner plot villa features an inviting entrance hall that opens into a spacious hallway leading to a large living-dining room characterised by high ceilings. From the living room, residents can access a generous covered terrace that overlooks the expansive garden, where future owners have the option to build a swimming pool.
The layout includes two guest bedrooms complete with built-in wardrobes and a shared bathroom conveniently located in the hallway. The separate kitchen, which features a closed terrace/laundry area, offers direct access to the surrounding garden. The sizable master bedroom includes a full en-suite bathroom, a walk-in closet, and access to additional terraces surrounding the home.
On the ground floor, the property includes a garage and a separate guest/staff apartment, equipped with a bedroom, a living-dining area, an open-plan kitchen, and a shower bathroom, all with direct access to the garden. While the villa is older and requires renovation, it presents excellent investment potential for full refurbishment or the construction of a new villa, in line with urban planning regulations that allow for further building.
Situated in the desirable El Real Panorama area, the location is peaceful and within walking distance of the synagogue, just 3 minutes' walk to the beach and the extensive Mediterranean Park. This park features an array of recreational facilities, making it one of the largest beach sports complexes in Andalusia. Additionally, the villa is conveniently located just 35 minutes’ walk from Marbella town or a short 5-minute drive to Puerto Banús and San Pedro, with Estepona only 15 minutes away, all while offering stunning views of the iconic La Concha mountain.
What this place offers
- garden
- garage
- guest apartment
Where you’ll be
Rio Real Golf, 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


