Apartment Complex in Marbella in Marbella —
Apartments

Apartment Complex in Marbella

This property presents a distinctive opportunity within Marbella's historic heart, offering a blend of residential and commercial potential. Built in 2016, it comprises four apartments and a ground-floor commercial space, with provisions for expansion. Its strategic location in the Old Town provides immediate access to local amenities and the vibrant atmosphere of Marbella, while being a short distance from the Mediterranean coast.

€3,500,000
4
Bedrooms
4
Bathrooms
272 m²
Living Area
€3,500,000
Price
0.7 km
Beach Distance
Key Ready
Build Status

Project Analysis

Key characteristics of location, homes, project phase and points of attention.

Location

Situated in Marbella's Old Town, this property benefits from a central urban setting. It is within walking distance of numerous amenities, including shops, restaurants, and the port. Its proximity to the beach is notable, placing it within easy reach of the coastal lifestyle characteristic of the Costa del Sol.

Layout

The property is configured to accommodate diverse residential needs, featuring multiple apartments and the potential for expansion. It is suited for those seeking a property with mixed-use capabilities or a substantial residence in a well-connected urban environment. The existing commercial space also offers flexibility for business ventures.

Project Status

Constructed in 2016, the building represents a relatively modern development in the historic centre of Marbella. It incorporates contemporary construction standards and technologies. The structure is complete, with existing residential and commercial units, and holds potential for further development as per architectural plans.

Points of Attention

This property is situated within a historic urban core, which may entail specific regulatory considerations for renovations or expansions. It is an existing structure and not a newly built development from scratch. The property is configured as apartments and commercial space, rather than a single-family villa.

Lifestyle & Surroundings

This property would suit individuals or entities seeking a versatile real estate asset in a prime urban location. It is appropriate for investors looking to acquire a building with multiple income streams through residential rentals and commercial leasing, especially given the high density of amenities and tourism in Marbella. It could also appeal to a family requiring substantial living space, with the potential to adapt units for multi-generational living or to house a business alongside their home. For those valuing convenience and a lively environment, the walkability to beaches, shops, and dining, coupled with excellent transport links to Malaga Airport (39 km), makes it a practical choice. The property's construction date of 2016 suggests modern building standards, appealing to buyers who prefer newer, well-maintained structures.

Build Quality & Finishing

The property was constructed in 2016, incorporating modern building techniques and materials. The description highlights advanced electrical engineering with a grounding system, aiming to optimise the performance of sophisticated devices. Exceptional sound insulation is noted, achieved through innovative techniques to ensure tranquility. The integration of a sophisticated home automation system for lighting, climate control, and security offers contemporary convenience, controllable remotely. Exterior walls, windows, and French doors are specified as having double walls and special PVC with four panes, contributing to excellent acoustic and thermal insulation. A water purification system providing 4 m³ per hour is also mentioned. The original specifications suggest a high standard of finish, reflective of a newer build designed for comfort and efficiency.

Price & Context

Price & Availability

The property is listed at €3,500,000. This price reflects its prime location in Marbella's Old Town, its substantial built area of 272 m², and its status as a completed construction from 2016. The configuration includes multiple residential units and a commercial space, offering versatility in potential use or rental income. While specific details on the number of available units are not provided, the asking price suggests a premium for the location and features. Similar properties in Marbella, such as Mandaluz 1 (€3,350,000), Sirocco Villas (€3,400,000), and Andara 2 (€3,500,000), indicate a competitive market segment for properties in this price bracket and location.

€3,500,000
Price
4
Bedrooms
272 m²
Living Area
4
Bathrooms

Context & Surroundings

This property is located in the heart of Marbella's Old Town, an area known for its charming narrow streets, traditional architecture, and vibrant atmosphere. The immediate vicinity offers a dense concentration of amenities, including an abundance of restaurants (138 within 2km), cafes, banks, and essential services like pharmacies (29 within 2km) and a hospital (996m away). The property's urban setting means daily life is dynamic, with constant activity from residents and visitors. The presence of 41 primary and 28 secondary schools nearby indicates a family-friendly environment, while the 5 health centres cater to healthcare needs. With 4,743 property transactions in the province, the area sees consistent market activity. The proximity to the port (0.6 km) and multiple beaches, such as Playa de la Bajadilla (738m), adds a coastal dimension to the urban experience. The property's elevation of 29m above sea level offers a stable environment with easy access to the surrounding town and coast.

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Location: Marbella

Living & Surroundings

Living in this property means immersing oneself in the vibrant urban fabric of Marbella's Old Town. Daily life is characterised by convenience and accessibility; essential amenities such as a supermarket (234m), pharmacy (8m), and hospital (996m) are within easy walking distance. The area boasts a high concentration of dining and social venues, with 138 restaurants and numerous cafes and bars nearby, reflecting Marbella's cosmopolitan appeal. Public transport is well-catered for, with 50 public transport stops within the vicinity, facilitating easy movement around the city and beyond. The coastal proximity is a significant lifestyle benefit, with Playa de la Bajadilla just 738 metres away, offering opportunities for seaside activities. The environment is active year-round, supported by a local population of 159,786 (projected 2025) and significant tourism infrastructure.

Map & Location

This map highlights the property's central location within Marbella's Old Town, adjacent to the historic castle. It illustrates its proximity to key amenities such as the port, the beach, and a dense network of shops and restaurants. The map visually confirms the urban setting and the easy walkability to the coastline.

Beachfront dining area with ocean view, outdoor seating, and a lighthouse in the distance.

Location in the Region

This property is situated in the historic centre of Marbella, a prominent city on the Costa del Sol within the province of Málaga. It is positioned centrally within the municipality, which covers 114.3 km². Its location provides immediate access to the urban amenities of Marbella town, including its port and commercial areas. The property is approximately 39 km from Malaga city and its international airport, facilitating connectivity to the wider region and beyond. It lies within the established tourist and residential hub of the Costa del Sol, benefiting from the infrastructure and lifestyle associated with this popular area of Andalusia.

Accessibility & Amenities

The property offers excellent accessibility to key amenities and transport links. It is located just 738 metres from Playa de la Bajadilla, placing the beach within a short walk. Other beaches like Playa de Casablanca (2.4 km) and Playa de la Fontanilla (2.9 km) are also easily reachable. The nearest supermarket is conveniently located 234 metres away, and a pharmacy is practically on the doorstep at 8 metres. The provincial hospital is less than a kilometre away (996m). For golf enthusiasts, prominent courses such as Golf Los Naranjos are approximately 6.0 km distant. Malaga-Costa del Sol Airport (AGP) is situated 39 km away by air, offering convenient access for international travel. Public transport is robust, with 50 stops serving 11 different lines in the vicinity.

Beach Distance 0.7 km
Malaga-Costa del Sol (AGP) 39 km
Gibraltar (GIB) 58 km

Source: OpenStreetMap, Google Maps

Cozy beachfront cottage with thatched roof, ocean view, and lush greenery.

Nature & Climate

Beachfront villa with sea view, private pool, and lush garden.

Marbella enjoys a Mediterranean climate characterised by mild winters and warm summers. Average annual temperatures range between 12°C and 26°C, with an overall average of 19.2°C. The region receives an impressive 3,856 hours of sunshine per year, contributing to a long swimming season of approximately five months, when sea temperatures typically remain above 20°C. The property's location at an elevation of 29 metres above sea level offers a pleasant environment close to the coast. The gentle slope towards the beach (1.7%) ensures easy access without significant gradients. The historical data indicates a favourable climate for outdoor living throughout much of the year.

3856 Sunshine Hours/Year
5 Swim Season Months
19.2°C Avg. Annual Temperature
29m Elevation

Source: Open-Meteo (2020–2025 average)

Beaches & Recreation

The property is strategically positioned to access Marbella's diverse recreational offerings. It is within walking distance of Playa de la Bajadilla (738m), with other notable beaches such as Playa de Casablanca (2.4km) and Playa de Nagüeles (3.1km) within easy reach. Marbella boasts a number of Blue Flag awarded beaches, including El Faro and La Fontanilla, indicating high standards of water quality and facilities. For sports enthusiasts, numerous facilities are available, including swimming pools like Supera Miraflores (0.7km) and the municipal pool (0.8km). The area is renowned for its golf courses, with Golf Los Naranjos (6.0km) and The Range golf lessons (6.0km) in close proximity. Marinas such as Puerto Deportivo Virgen del Carmen are also nearby, offering nautical activities.

Beaches

  • Playa de la Bajadilla 0.7 km
  • Playa de Casablanca Blue Flag 2.4 km
  • Playa de Nagüeles Blue Flag 3.1 km
  • Cabopino Blue Flag
  • El Cable Blue Flag
  • El Faro Blue Flag

Golf

  • The Range golf lessons 6 km
  • Real Club de Golf Las Brisas 7.5 km
  • Magna Marbella Golf 8.3 km
  • Greenlife Golf Driving Range 9.3 km

Sports Facilities

415 Facilities Available

Source: Blue Flag 2026, OpenStreetMap, CSD

Aerial view of a coastal city with a marina, mountains, and clear blue water.

Location in the Region

This property is situated in the historic centre of Marbella, a prominent city on the Costa del Sol within the province of Málaga. It is positioned centrally within the municipality, which covers 114.3 km². Its location provides immediate access to the urban amenities of Marbella town, including its port and commercial areas. The property is approximately 39 km from Malaga city and its international airport, facilitating connectivity to the wider region and beyond. It lies within the established tourist and residential hub of the Costa del Sol, benefiting from the infrastructure and lifestyle associated with this popular area of Andalusia.

Area Guide: Marbella

Marbella is a city and municipality in southern Spain, belonging to the province of Málaga in the autonomous community of Andalusia. It is part of the Costa del Sol and is the headquarters of the Association of Municipalities of the region; it is also the head of the judicial district that bears its name.

Key Facts

114.3 km² Area

Climate

Month Avg. Temperature Rainfall
January 11.9°C 94 mm
February 12.1°C 97 mm
March 14.2°C 85 mm
April 16.0°C 56 mm
May 17.9°C 43 mm
June 22.1°C 11 mm
July 26.0°C 1 mm
August 26.5°C 2 mm
September 22.8°C 19 mm
October 18.9°C 80 mm
November 15.1°C 116 mm
December 12.4°C 104 mm

Nearby Amenities

138 restaurant
29 pharmacy
20 bank
25 cafe
3 dentist

Elevation & Terrain

29m Elevation
0.7 km Beach Distance
1.7% Gradient to beach

Flat

Nearby Highlights

Golf Courses

Beaches

Swimming Pools

Marinas

International Schools

Viewpoints

Ev Charging

Sports Centres

Transport & Access

39 km Malaga-Costa del Sol (AGP)
58 km Gibraltar (GIB)
430 km Alicante-Elche (ALC)
1.3 km Estación de autobuses de Marbella

Project Details

Project Name Apartment Complex in Marbella
City Marbella
Region Costa del Sol
Price €3,500,000
Living Area 272 m²
Avg. price per m² €12,867 / m²
Terrace 100 m²
Bedrooms 4
Bathrooms 4
Parking No
Pool No
Garden No
Build Status key_ready
Beach Distance 0.7 km
Completion 2016
Published 2026-05-09

Ref: VL845977

Source: Wikipedia, Wikidata, INE, Junta de Andalucía

Summary

  • Prime location in Marbella's Old Town, close to amenities and beach.
  • Built in 2016, featuring modern construction with potential for expansion.
  • Comprises four apartments and a commercial space, offering versatile usage.
  • Excellent connectivity to Malaga Airport and surrounded by numerous recreational facilities.
  • Benefits from Marbella's established infrastructure and Mediterranean lifestyle.

Regional Comparison

The property is positioned within the highly sought-after Marbella area, known for its upscale lifestyle and robust real estate market. Compared to developments further along the Costa del Sol, such as those in Estepona or Mijas, this property's principal advantage lies in its historic urban core location. While developments like Mandaluz 1, Sirocco Villas, and Andara 2 in Marbella (all listed around €3.3-3.5 million) might offer similar price points and general Marbella addresses, this specific project's distinctiveness stems from its Old Town setting. Many newer developments on the coast focus on beachfront or golf resort living, often featuring expansive communal areas and amenities. This property, however, offers immediate immersion into the local culture and daily life, with amenities at its doorstep rather than requiring travel. The potential for commercial use alongside residential units also sets it apart from purely residential complexes. Its proximity to both the beach and the bustling town centre provides a blend of leisure and urban convenience that is characteristic of prime Marbella locations, but rarer in the Old Town itself.

Frequently Asked Questions

What is the potential for expansion or modification of the property?
The property has stated potential for expansion, with plans for 3 additional apartments in place of the commercial premises, and a further possibility to expand to 7 apartments. Specific details and required permissions would need to be verified.
What is the distance to the nearest airport and how is transport generally handled?
The nearest major airport is Malaga-Costa del Sol (AGP), approximately 39 km away by air. The property is well-served by public transport, with 50 stops and 11 lines in the vicinity, and is also accessible by car.
What are the key technical features related to construction and systems?
The building, completed in 2016, features advanced electrical engineering with a grounding system, exceptional sound insulation, and an integrated smart home automation system. Exterior walls, windows, and doors have double glazing with four panes for insulation. A water purification system is also installed.
How does this property compare to others in the Marbella Old Town area?
Properties in the Old Town are typically characterised by their historic charm and central location. This building, constructed in 2016, combines modern amenities with this sought-after setting. Its multi-unit and commercial configuration is less common than traditional townhouses or single-family homes in the area.
What amenities are within walking distance of the property?
Within a short walking distance, residents have access to numerous restaurants (138 within 2km), cafes, banks, shops, a supermarket (234m), a pharmacy (8m), a hospital (996m), and the port (0.6km).
Are there any specific ongoing costs associated with this type of property?
Ongoing costs would typically include community fees (if applicable), property taxes (IBI), utilities, and maintenance. Specific amounts depend on the final configuration and usage. Details should be confirmed with the property management.
What is the typical process for purchasing a property like this in Spain?
The standard process involves securing the property with a deposit, conducting legal and technical due diligence, signing a private purchase contract, and finally, completing the transaction at a notary with the payment of the remaining balance and taxes.
What is the general character of the Marbella Old Town area?
Marbella Old Town is known for its picturesque cobblestone streets, whitewashed buildings, flower-filled balconies, and a lively atmosphere with many boutiques, tapas bars, and restaurants. It offers a more traditional Andalusian experience compared to the coastal areas.
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Technical Facts
The property is located 8 metres from the nearest pharmacy.
It is situated 738 metres from Playa de la Bajadilla.
Malaga-Costa del Sol Airport is approximately 39 km away (air distance).
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