All photos
Look at map
Corbara
Gross Yield:
-
Time to pay off with rent:
-
Price Difference:
-
Expected Rent:
-
Located in a highly sought-after residential area by the sea, this villa is approximately a 6-minute walk from one of the most beautiful beaches in the region. Situated on a plot of around 1450 m2, the villa offers a living area of approximately 90 m2 + an additional 20 m2 (unfinished room). The property is spread over two levels and comprises on the ground floor: an entrance, a separate toilet, a living/dining room, a kitchen, two bedrooms, and two shower rooms. On the first floor: a landing, two sloping ceiling bedrooms. There is potential for extension and complete renovation of the first level, with an allowable footprint of approximately 220 m2 per level. The land is suitable for a pool. From the ground floor, there is a partial sea view, and from the first floor, a beautiful sea view and cove can be enjoyed. The villa boasts a solid structure and quality construction, although modernization work is required. Reconfiguring the first level would add significant value to the property. There are no condominium fees, and it is one of the few units not belonging to the Marine community. The property taxes are approximately 1000€. As for the price of 787000€, it may seem high but considering the potential for expansion, renovation, and the prime location near the beach, it could be a good investment opportunity in the long run. With the possibility of increasing the living space and adding a pool, the value of the property could appreciate significantly in the future.