Investment Opportunity Near Marbella – Detached House with Panoramic Lake & Sea Views in Cerros del Lago, Istán
Cerros del Lago, Istan, Malaga province
415.000 € Updated 8 days ago
138 m² built, 3 bedrooms, 2 bathrooms, 520 m² plot, pool (communal), garden (private), garage (communal)
3 bedrooms Cerros del Lago house for sale
We have keys for easy viewings.
Rare opportunity to acquire a detached house with panoramic lake, mountain and sea views in the highly sought-after area of Cerros del Lago, Istán, just minutes from Marbella, Puerto Banús and the Golden Mile.
This property is ideal for investors, developers, or buyers searching for a refurbishment project with strong revaluation potential in a privileged natural environment near Marbella. Properties with this level of privacy, open views and development potential are becoming increasingly difficult to find on the Costa del Sol at this price point.
The house requires refurbishment and modernization throughout, which is already reflected in the asking price, creating an excellent value-add investment opportunity. For the right buyer, this property offers the possibility to create a stunning permanent residence, holiday home, or high-return investment property close to Marbella.
One important aspect to consider is that access to the property includes more than 50 steps from the parking area. While this may not suit every buyer, it is precisely one of the reasons why the property offers exceptional value compared to other detached houses near Marbella with similar views and plot sizes.
Built on one level on a 520 m² plot, the property currently offers approximately 130 m² built and comprises 3 bedrooms, 2 bathrooms, guest toilet, a spacious living and dining area with a fireplace, semi-open kitchen, and a west-facing private garden with breathtaking open views over Lake Istán, the surrounding mountains, and the Mediterranean Sea.
The property also offers the possibility to extend the house or build a private swimming pool, subject to planning permissions, significantly increasing both lifestyle appeal and future market value. Residents additionally benefit from access to the community swimming pool and communal parking.
Cerros del Lago is one of the most attractive natural residential areas near Marbella, known for its tranquillity, privacy, hiking trails, cycling routes, kayaking and outdoor lifestyle, while remaining exceptionally connected to the coast.
Located only a short drive from Marbella town centre, Puerto Banús, Puente Romano, the Golden Mile, Nueva Andalucía and San Pedro de Alcántara, the property combines the peace of nature with immediate access to luxury restaurants, beach clubs, golf courses, international schools, shopping areas and all essential services.
An excellent investment opportunity near Marbella with panoramic views, privacy, renovation potential and prime location on the Costa del Sol.
Property Details
- 464-00002P
- House
- 3 Bedrooms
- 2 Bathrooms
- 1 Ensuite
- 138 m² Built
- 520 m² Plot
- 117 m² Interior
- 50 m² Terrace
- Pool (Communal)
- Garden (Private)
- Garage (Communal)
- Air conditioning
- Automatic irrigation system
- Bars
- Close to children playground
- Close to schools
- Close to town
- Country view
- Dining room
- Double glazing
- Fireplace
- Fitted wardrobes
- Garden view
- Internet - Fibre optic
- Lake view
- Mountain view
- Mountainside
- Panoramic view
- Partly furnished
- Private terrace
- Renovation Needed
- Sea view
- Storage room
- Transport near
- Underfloor heating (partial)
Price, costs & taxes
- Asking price 415.000 €
- Built m² 138 m²
- Price per m² Built 3.007 €
- IBI 1.500 € / year
- Garbage 100 € / year
- Community Fee 100 € / month
The sale price does not include expenses and taxes. Additional costs for the buyer: registration and notary fees, ITP (Transfer Tax) or in its absence VAT, and AJD (Stamp Duty) on new properties and subject to some requirements to be met. These costs and taxes are different depending on the province / autonomous community where the property is located and even on certain specific aspects of the buyer. All details and information sheet are available upon request from Selection Med. This information is subject to errors, omissions, modifications, prior sale or withdrawal from the market.
About the building
- Year Built 1988
- Floors 1
- Property type House
- EPC In Progress
Listing agent
Selection Med Real Estate agents in Istan
Location
- Cerros del Lago
- Istan
- Malaga province
Disclaimer This is a property advertisement (REF 464-00002P) provided and maintained by Selection Med, Plaza El Bulevar, Edificio B, Local 13, 29649 La Cala de Mijas, Mijas, Málaga (España), and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties. MalagasMLS.com does not own or control and is not responsible for the properties,website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to.