Avenida Cánovas Del Castillo, 17, Marbella, Málaga 29601 Spain
Along with the other properties that form part of this exclusive development, the home was designed by architect Ernesto Palanco, incorporating the latest environmentally sound features and design elements. The sumptuous property offers everything you could want in a luxury holiday home in the sun. The ground floor includes a magnificent living-dining-kitchen area, encompassing the entire breadth of the property, with a fireplace for cosy winter nights. Sliding doors allow easy access to the shaded and open terraces next to the pool, designed with the inside-outside Mediterranean summer lifestyle in mind.
The ground floor also features a guest bedroom with en suite and its own private terrace, a hallway, guest lavatory and carport with room for multiple vehicles. Step into the lift to the first floor (there’s a staircase too) and you arrive on the sleeping floor, with three bedrooms, all with en suites and individual private terraces for morning coffee or evening drinks. The principal suite boasts two separate terraces, an extravagant dressing room and spectacular views.
Take the lift one more storey to the rooftop sundeck with barbecue/kitchen area, as well as space for dining, sunning and chilling, as well as a rooftop plunge pool — all with views over the twinkling Med below.
But there’s one more surprise in store. Down three floors, the basement is equipped with everything you need to work out, rest and play. Not only is there a games room with a billiard table, there is a private cinema, gym, and a spa area with sauna. The gym even has a window allowing you to see the underwater antics happening in the pool. (There’s also a fully equipped laundry and another bathroom).
Enjoy the ultimate holiday home experience in one of the most sought-after locations in southern Spain. The property comes fully furnished and professionally decorated.
How we estimated this 1/8 share price
We used market data to estimate the cost of turning this home into a Pacaso, which includes a full design makeover, limited company formation, and finding qualified owners.
|Purchase PriceWhole home: $3,158,163||$394,770|
|Upgrades, Taxes, and ClosingInterior design, furnishings, inspection, title & applicable taxes||$90,797|
|Pacaso Service FeeBuyer aggregation & legal||$66,890|
|Estimated 1/8 Ownership44+ nights per year||$552,457|
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Make your move, on your terms
Whether you own a Pacaso or a whole second home, we make it easy to move or sell when you're ready.
Love co-ownership, but decide your Pacaso isn't the perfect fit? Forget buyer's remorse. Within your first year of ownership, you can transfer to another Pacaso that better suits your needs, hassle-free.
Time to move on? After 12 months of ownership, you can set your price, tap into our marketplace of buyers, and sell quickly and easily. On average, Pacaso listings resell in less 10 days, with a 10% gain.
Own an amazing second home, but don't use it very often? Sell part of your home to Pacaso, and keep the amount of ownership that's right for you, from 1/8 to 1/2. Leave the management to us!
Understanding ownership costs
Know the bottom line before you buy. No hidden fees, no surprises, no monthly markups.
Courtesy of - Thomas Ajtony, Engel & Völkers
Whole home list price: $3,158,163
All listings are represented by licensed independent brokerages.