4 bedroom Apartment for sale in El Paraiso

€ 375.000

Details

R1967915

Apartment for sale in El Paraiso

FANTASTIC PENTHOUSE REDUCED FROM 670,000 EUROS – GREAT INVESTMENT

Beachside 3 (plus additional loft bedroom) bedroom penthouse with beautiful views down to the sea. Situated in what was the Hotel AGH complex, which has now been bought by Bluebay and located 150 metres from the sea and within 2km radius of 7 different championship golf courses, including the prestigious Los Flamingos and El Paraiso courses. The community has several swimming pools.

The property is a duplex penthouse set on 2 floors. On the 1st floor there are 2 bedrooms with bathrooms en suite, guest WC, kitchen, storeroom, lounge/dining room which opens onto a south facing terrace. The second floor offers a further 2 bedrooms sharing another full bathroom, with wooden beams, and additional lounge room to a large private terrace which has a jacuzzi and barbeque. There is also an additional storeroom on this floor. there is a basement garage parking place also. Bluebay have bought all of the ground floor apartments (87) which were formerly owned by the AGH hotel and are in negotiations to buy the main hotel building. Once the Bluebay Hotel & Spa is fully operational, his fantastic beach side penthouse will increase in valuation instantly and of course all the additional services of the hotel will be on their doorstep.

Penthouse, El Paraiso, Costa del Sol.
4 Bedrooms, 3 Bathrooms, Built 214 m², Terrace 15 m².

Setting : Beachside, Urbanisation.
Orientation : South.
Condition : Good.
Pool : Communal.
Climate Control : Air Conditioning.
Views : Sea, Garden, Pool.
Features : Private Terrace.
Furniture : Optional.
Kitchen : Fully Fitted.
Garden : Communal.
Security : Gated Complex.
Parking : Underground.
Utilities : Electricity, Drinkable Water.
Category : Reduced..

 

Our reference for this 4 bedroom Apartment for sale in El Paraiso: R1967915 

Property R1967915 was last updated: 09-10-2019

 

  • City: Estepona
  • Area: El Paraiso
  • Property type: Apartment
  • Subtype: Penthouse
  • Bedrooms: 4
  • Bathrooms: 3
  • Size: 214 m2
  • Terrace Size: 15 m2
  • Community Fees: 3348 € (Annual)
  • IBI: 1620 € (Annual)
  • Basura: 270 € (Annual)
  • Reference: R1967915

El Paraiso

Buy property in El Paraiso - A guide

El Paraiso is a popular residential area between Guadalmina and Cancelada, and stretches from the beach a few kilometres in-land. The part which is on the beachside of the A-7 is named Paraiso Bajo or El Paraiso beachside. The part which is north of A-7 is named Paraiso Alto, or just El Paraiso. Prices and features are very different on each side of the highway. As a consequence it is important to distinguish between the two when searching for a property for sale. Paraiso Bajo consists mainly of individual villas for sale, with a few townhouses in between. In general, prices for the properties for sale here are well above average for the area. El Paraiso Medio and Alto offer a lot of different properties for sale. Apartments, villas and townhouses all blend into the environment and the two surrounding golf courses. The general price for the properties for sale is average for the area, or a bit below average. Amenities are close by with several small commercial centres along the A-7. Due to the close location you will reach these within minutes, as well as a number of restaurants and take away places. Prices have been steady over the last couple of years, benefitting from a great location. Easy access to both San Pedro, Puerto Banus and Marbella is always an advantage. The beaches in El Paraiso are good sandy beaches, however not completely free of stones. There are several hotels are also in the area, such as Hotel Senator Banus, TRH Paraiso and Marriott's. Golfers have an abundance of courses to play, Real Club de Golf Guadalmina, El Paraiso Golf and Atalaya Golf & Country Club all within few minutes.

Buy apartment in El Paraiso - A guide

Apartments for sale in El Paraiso have been built during the last 30 years, and most of them in typical Spanish style. Naturally it is also possible to find more modern types. General quality of the apartments for sale is good, without reaching the luxury level. El Paraiso is an attractive place to buy an apartment, and a good investment. Medium level apartments, especially with 3 bedrooms holds the price well. The starting price for a 2 bedroom apartment for sale in El Paraiso begins around 200.000 € and continues towards 400.000 €. A few special apartments stands out and hence will have an even higher price tag. The average apartment for sale in El Paraiso costs around 300.000 €.

Buy villa in El Paraiso - A guide

There is a lot of different villas for sale in El Paraiso, as the area has been experiencing a steady level of new construction, allowing many villas for sale to be a reflection of the time period. The prices depends first and foremost of the exact location; beachside or not. Next in line is the views and size of the plot, and for most villas the plot will be between 1-2.000 m². Most villas for sale has been built by the owner, with their choice architecture and style, and are often clearly intended as a family villa. The villas for sale begin around 550.000 and continues towards roughly 3.000.000 €, with some large or beachfront villas continuing toward 6-7.000.000 €. The average beachside villa will cost around 1.5-1.7.000.000 and the average villa for sale in Paraiso Alto or Medio will cost around 1.1-1.300.000.

Buy townhouse in El Paraiso - A guide

There is only a limited amount of townhouses for sale in El Paraiso, most of them medium level with 2,3 or 4 bedrooms. The townhouses for sale are substantially cheaper than the villas for sale, and can therefore be a very interesting option for those who want the comfort of a villa, for the price of an apartment. The starting price for townhouse for sale is around 250.000 €, with the prices topping around 650.000 €. The average townhouse for sale in El Paraiso will cost around 350-400.000 €