A fixer-upper villa in La Mulata.

Here's an excellent opportunity for someone with a little vision.  The villa is not in good condition and will need a motivated buyer to come along and either repair or remodel, but look at the plus points:

The villa stands on a plot of around 1500m2, with a further adjacent plot also of around 1300m2 available for an additional $70 per meter.  It would be easy for the right buyer to combine the two plots together and develop them into an income producing property by creating smaller cabana style homes for rental income, or to build additional homes for re-sale.  

Close by and within easy walking distance are a few restaurants, a grocery store and schools.  A ten minute stroll will take you to the nearest supermarket, while a twenty minute stroll will take you as far as the local beaches, shops, bars and restaurants.

The swimming pool has been repainted and the pool equipment has been serviced.  The pool features a swim up bar area.

The property also benefits from its own well for easy and abundant water supply. 

The main villa has three levels.  On the ground floor is the main living area with kitchen to the side and a study / bedroom and bathroom.  The living area leads out to the pool where there is a large, covered entertainment area.  On the next floor are three bedrooms and two bathrooms, all in urgent need of repair and modernization.  There is a staircase leading to the top floor where there is another large space with a separate bathroom.

Financing can be discussed if required, with a reasonable down payment.

Contact us today for more information.