This property consists of two independent apartments sold together in Marbella's urban centre. The 122 m² combined living space includes four bedrooms and two bathrooms across two separate units, each with its own entrance and balcony. Located just 738 metres from Playa de la Bajadilla beach, the property offers established rental potential with active tourist licences and proven annual income of €24,000, €30,000. The building dates from 1980 and includes a communal swimming pool, gardens, and lift access. Its position provides immediate access to Marbella's amenities while maintaining proximity to the coastline.
Key characteristics of location, homes, project phase and points of attention.
The property occupies a central urban position in Marbella, situated within a developed residential area with commercial facilities nearby. Its location places it 738 metres from Playa de la Bajadilla beach, providing direct coastal access. The building sits at 23 metres above sea level on flat terrain with a gentle 0.5% slope towards the shoreline. The immediate surroundings include residential buildings, commercial services, and established urban infrastructure typical of Marbella's central zones.
This property addresses functional housing requirements through its dual-apartment configuration. The separation allows for flexible living arrangements, with each unit containing essential amenities including bedroom spaces, bathroom facilities, and kitchen areas. The west-facing orientation provides afternoon sunlight on the balconies, while the communal areas offer outdoor recreational space. The proximity to essential services including pharmacies, supermarkets, and medical facilities supports practical daily living requirements without dependence on private transportation.
The property represents completed construction dating from approximately 1980, indicating established building standards typical of that period. The structure has undergone maintenance to maintain functionality, with modern elements including heat pump systems for temperature control and electronic entry systems. The building demonstrates the construction practices of late 20th-century Mediterranean residential development, featuring communal areas and shared facilities consistent with properties of this era in Marbella's urban expansion zones.
The property does not offer private garden space or dedicated parking facilities. The apartments do not include sea views from interior rooms, with garden views limited to the communal areas. The building age (1980) means it does not incorporate contemporary energy efficiency standards found in newer developments. The urban location does not provide the tranquillity of suburban areas, and the shared nature of facilities limits exclusive use of amenities. The configuration as two separate units prevents integration into a single large living space without significant renovation.
Ref: VL201312
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
This property presents an attractive opportunity for investors seeking established rental income in Marbella's competitive short-term letting market. The dual-apartment configuration with separate tourist licences offers operational flexibility, suitable for those wishing to occupy one unit while letting the other, or maximising returns by renting both independently. Families requiring space for visiting relatives might appreciate the self-contained yet connected arrangement. The proven rental history demonstrates consistent demand in this location, making it suitable for hands-on investors comfortable managing holiday lets. For those considering relocation to Marbella, the property could serve as both residence and income source during the transition period. The established nature of the building and its active rental history removes the uncertainty often associated with new investments. Its central location caters to those prioritising convenience and accessibility to urban amenities over exclusive, secluded environments. The property particularly suits buyers familiar with Marbella who understand the premium placed on licensed rental properties in prime locations.
The apartments feature standard residential finishing consistent with Mediterranean properties from the 1980 construction period. Interior spaces include wood cabinetry in kitchen areas, which provides storage while reflecting traditional Spanish design elements. Bathroom facilities incorporate shower units with illuminated mirrors, offering functional lighting for daily use. Living areas accommodate modern furniture arrangements, as evidenced by space for items such as upholstered seating and occasional tables. The property includes heat pump systems providing both heating and cooling functions, offering year-round temperature control appropriate for Marbella's climate. Electronic entry locks represent a contemporary upgrade to the original building specifications, facilitating convenient self-check-in for rental purposes. Communal areas include maintained garden spaces and a swimming pool with a separate children's section, indicating attention to shared amenity provision. The exterior-first-floor positioning benefits from natural light through multiple aspects, while balcony spaces extend living areas outdoors. The building structure demonstrates construction techniques typical of the period, focusing on durability and functionality rather than luxury specifications.
The combined asking price for these two apartments is €557,000, representing an approximate value of €4,566 per square metre based on the 122 m² total living area. This pricing positions the property in the mid-range of Marbella's urban apartment market when compared to nearby developments such as Residencial Albatros (from €405,000), The Grove (from €433,300), and Nikki Living (from €450,000). The proven rental income of €24,000, €30,000 annually offers potential returns of approximately 4.3-5.4%, which is relatively competitive for Marbella's investment property sector. Running costs remain modest with community fees of €130 monthly (including water) and annual property tax (IBI) of €630.
Daily life in this Marbella property revolves around its central urban location and dual-apartment configuration. Residents might begin their day with a short walk to purchase fresh provisions from one of the 133 restaurants within 2km or the nearby Mercadona supermarket just 234 metres away. The west-facing orientation means balconies receive afternoon sunshine, creating pleasant outdoor spaces for evening relaxation. The proximity to Playa de la Bajadilla, just a 10-minute walk away, allows for regular seaside activities, whether morning swims or evening strolls along the promenade. The building's communal swimming pool provides an alternative cooling option during warmer months without leaving home. The urban setting means daily necessities are within walking distance, reducing dependence on vehicles. The dual-apartment setup creates a living environment adaptable to various needs, perhaps occupying one unit while using the other for guests or rental income, generating a practical balance between personal use and investment potential in Marbella's established property market.
The property benefits from exceptional connectivity to Marbella's comprehensive urban infrastructure. Essential services lie within immediate proximity, with a pharmacy just 8 metres away and a supermarket at 234 metres, ensuring daily necessities remain easily accessible without vehicle dependence. Healthcare provisions include a hospital within 996 metres and five health centres across the municipality. Transportation infrastructure features 11 public transport routes with 50 stops in the vicinity, facilitating movement throughout Marbella and to surrounding areas. The urban environment contains 133 restaurants, 24 cafés, and 29 pharmacies within a 2km radius, providing extensive service options. Educational facilities include 41 primary and 28 secondary schools across Marbella, with international options such as the British International School just 2km away. The property's location within the established urban fabric means residents experience minimal isolation, with constant access to the commercial, social, and service infrastructure that defines daily life in central Marbella.
The property is centrally positioned in Marbella's urban area, with the Mediterranean coastline immediately to the south. The map shows its proximity to Playa de la Bajadilla beach and the marina area, highlighting the integration of coastal and urban environments. The surrounding street pattern demonstrates the developed nature of this district, with regular access routes connecting to Marbella's broader transportation network including the A-7 coastal motorway approximately 1.5km north.
Approximate area · exact address shared on request
This property occupies a central position within Marbella, approximately midway along the municipality's coastal stretch. It lies 47km from Málaga, Andalusia's provincial capital with 579,076 inhabitants, and 66km from Algeciras, a significant port city with 121,957 residents. Within Marbella itself, the property is situated in the established urban core rather than developing suburban areas or exclusive residential complexes. This location places it approximately 1km east of Marbella's historic Old Town and similarly distanced from the Golden Mile area. The property benefits from its position within Marbella's central administrative and commercial district, which serves as the headquarters for the Association of Municipalities of the Costa del Sol region.
The beach at Playa de la Bajadilla lies just 738 metres away, easily reachable on foot in under 10 minutes, while additional coastline options include Playa de Casablanca (2.4km) and Playa de la Fontanilla (2.9km). Marbella's city centre with its comprehensive commercial offerings is within walking distance, approximately 1km from the property. For air travel, Málaga-Costa del Sol Airport is located 39km distant, approximately 35-40 minutes by car, while Gibraltar Airport presents an alternative at 57km. Golf enthusiasts benefit from proximity to several courses, with Golf Los Naranjos and The Range golf lessons both 6km away, and Aloha Golf Club slightly further at 6.8km. The property's urban location ensures immediate access to Marbella's extensive commercial districts, shopping facilities, and service infrastructure without significant travel requirements.
| Beach Distance | 1.2 km |
| Malaga-Costa del Sol (AGP) | 40 km |
| Gibraltar (GIB) | 57 km |
Source: OpenStreetMap, Google Maps
Marbella's Mediterranean climate delivers average annual temperatures of 17.8°C, with seasonal variations ranging from 12°C in winter months to 26°C during summer. The property's west-facing orientation benefits from afternoon sunshine throughout the year. The elevation of 23 metres above sea level provides comfortable conditions without extreme temperature variations. The gentle 0.5% slope towards the sea creates favourable drainage while maintaining accessibility. The region enjoys approximately 300 days of sunshine annually, with a swimming season extending four months when water temperatures exceed 20°C, typically from June through September. The flat topography and urban position of the property moderate natural temperature extremes, while Mediterranean breezes provide natural ventilation during warmer periods.
Source: Open-Meteo (2020, 2025 average)
Marbella's coastline includes 10 Blue Flag beaches within the municipality, indicating high environmental and service standards. Playa de la Bajadilla, the nearest beach at 738 metres, offers convenient access for regular swimming and seaside activities. The broader recreational landscape features numerous golf courses, with several championship-standard venues within 6-8km, including Golf Los Naranjos (6.0km), Real Club de Golf Las Brisas (7.0km), and Aloha Golf Club (6.8km). Marbella maintains 415 sports facilities throughout the municipality, with options including the Polideportivo Francisco Norte just 0.1km from the property and the Supera Miraflores complex at 0.6km. The marina area, including Puerto Deportivo Virgen del Carmen at 0.5km, provides additional leisure and dining opportunities, completing the comprehensive recreational infrastructure surrounding this urban property.
415 Facilities Available
Source: Blue Flag 2026, OpenStreetMap, CSD
This property occupies a central position within Marbella, approximately midway along the municipality's coastal stretch. It lies 47km from Málaga, Andalusia's provincial capital with 579,076 inhabitants, and 66km from Algeciras, a significant port city with 121,957 residents. Within Marbella itself, the property is situated in the established urban core rather than developing suburban areas or exclusive residential complexes. This location places it approximately 1km east of Marbella's historic Old Town and similarly distanced from the Golden Mile area. The property benefits from its position within Marbella's central administrative and commercial district, which serves as the headquarters for the Association of Municipalities of the Costa del Sol region.
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.
| Month | Avg. Temperature | Rainfall |
|---|---|---|
| January | °C | 86 mm |
| February | 11.8°C | 87 mm |
| March | 13.6°C | 110 mm |
| April | 15.4°C | 72 mm |
| May | 18.7°C | 32 mm |
| June | 22.6°C | 3 mm |
| July | 25.6°C | 0 mm |
| August | 26.0°C | 2 mm |
| September | 22.6°C | 33 mm |
| October | 19.0°C | 96 mm |
| November | 14.3°C | 122 mm |
| December | 12.4°C | 119 mm |
Flat
This Marbella property presents a distinctive offering within the local real estate market due to its dual-apartment configuration with established tourist licences. When compared to surrounding developments such as Residencial Albatros (from €405,000), The Grove (from €433,300), and Nikki Living (from €450,000), this property commands a premium position reflective of its licensed rental status and central location. Unlike newer developments that may require extensive paperwork and potential delays in obtaining tourist licences, this property offers immediate income potential with verified rental history. The urban positioning differentiates it from suburban or golf-focused developments, providing access to Marbella's comprehensive urban infrastructure rather than exclusive resort environments. Its construction from 1980 places it among Marbella's established residential stock, contrasting with newer developments that may feature contemporary design but lack proven rental track records. The combination of central location, beach proximity, existing licences, and flexible configuration creates a distinctive market position that appeals specifically to investors prioritising immediate returns and operational flexibility over modern design aesthetics or exclusive amenities.
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