Distressed penthouse for sale Los Monteros Playa Marbella
€ ASK - Bargain
Distressed sale of an exclusive penthouse apartment for sale in Los Monteros Playa, Marbella east.
Los Monteros beach is one of the most exlcusive and demanded urbanizations of Marbella.
The complex is one of the most exclusive of Los Monteros beach.
It is a beachfront complex, and the penthouse is located first line beach.
The property is a 4 bedroom en suite duplex penthouse of about 400 sq.m. build with 160 sq.m. of terraces.
This bargain property is a pre- bank repossession. This means there are only a few weeks left before the bank repossession, after which it is much harder and more expensive to buy the property.
The future owner will buy this penthouse trough a lawyer and the bank, the current owner will be evicted from the property, this legal procedure is almost at his end.
Purchase price: 2.310.000 excl. buyers costs.
Last year was here a penthouse sold for 4.5 million, but that was a second
line beach, not a first line beach.
At this time there is a 3 bedroom penthouse for sale on the second line
for an asking price of 5.5 million.
Other apartments for sale, have an asking price between +/- 1.5 (reduced)
and 3.1 million euros for a normal 3 bedroom apartment, so not a 4 bedroom
beachfront penthouse.
You have max. 3 weeks time before the bank repossession.