Villa La Serena with Sea Views in El Rosario
Wake up in El Rosario, Marbella East, to open sea and mountain views, mature gardens and the calm of living...
Previously €3,800,000 · Price reduced by €500,000
Live just 50 metres from the beach, close to Cabopino Marina and the Artola dunes, and create a home tailored to your lifestyle. This villa offers the opportunity to transform a property with a generous garden plot into a contemporary Mediterranean residence.
Currently unoccupied, the property requires a complete renovation. The ground floor is divided into two homes, and the proposed renovation would bring them together to create a more modern, open and functional layout: spacious living areas, a better flow between rooms and large windows overlooking the garden and pool, subject to the appropriate technical assessment and design.
The work would include upgrading the building services and finishes, modernising the kitchens and bathrooms, and restoring the swimming pool and gardens, making the outdoor spaces an integral part of coastal living.
The villa extends over the ground and upper floors, with a basement beneath the main house. It has six bedrooms on the upper floor, staff accommodation on the ground floor, several living areas, terraces, a spacious covered porch and two enclosed garages accommodating three vehicles in total.
The supplied plans indicate a total area of approximately 1,218 m², encompassing various built and outdoor spaces. This is distinct from the approximately 660 m² of identified interior areas, including the basement and excluding garages, subject to a complete measured survey. The plot area considered in the Town Hall planning enquiry is 2,254 m². Differences between the plans, Land Registry and cadastral records remain subject to technical and documentary verification.
The property has a first occupancy licence relating to its previous renovation and extension, recorded in municipal documentation issued in 1999. According to the enquiry made with the Town Hall’s Planning Department, no coastal protection restrictions affecting the house were identified. A current favourable certificate confirming no recorded planning infringements is also available.
A renovation project with substantial potential to add value
We estimate an indicative budget of €2.5 million for the complete renovation, subject to the final scope of the project and professional cost assessments. At the new purchase price of €3.3 million, the acquisition and estimated works would total approximately €5.8 million, before taxes, professional fees and other costs.
Based on our preliminary assessment, a high-quality renovation, complemented by thoughtful interior and landscape design, could bring the property’s market value close to €8 million. This estimate will depend on the completed result, market conditions and validation against comparable properties.
The proximity to the beach, marina and natural dune landscape makes the property appealing as a second home and offers scope to explore holiday rentals, subject to the applicable requirements and approvals.
The best way to assess its possibilities is to visit. Contact me to receive videos, floor plans and the available documentation. If you are planning a trip to Marbella, I would be delighted to show you the property and help you assess the project with clarity.
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