This substantial building, located in the vibrant heart of Marbella, presents a significant opportunity for redevelopment. With a prime position near the seafront and immediate access to urban amenities, it is poised for transformation. Offering 366m² of versatile space, this property, built in 1970, requires comprehensive renovation, providing a blank canvas for investors and developers seeking to create a high-value asset in one of the Costa del Sol's most sought-after destinations.
Key characteristics of location, homes, project phase and points of attention.
Situated on the edge of Marbella's bustling centre, the building benefits from exceptional proximity to the Mediterranean. It lies within easy walking distance of several beaches and the marina, placing residents at the nexus of coastal living and urban convenience. This strategic location ensures immediate access to the vibrant atmosphere and amenities that define the Marbella lifestyle.
The property's extensive floor area and adaptable structure lend themselves to a wide range of residential concepts. Potential exists for conversion into luxury apartments, boutique short-term lets, or a multi-unit dwelling catering to diverse living arrangements. Its condition necessitates a complete refurbishment, allowing for the integration of modern living standards and bespoke design tailored to discerning occupants.
This building is an established structure, completed in 1970. It is offered with the explicit understanding that significant restoration and conversion work are required. While the original construction provides a robust shell, all internal and external elements will need to be addressed by the new owner to meet contemporary standards and fulfil any redevelopment vision.
This property is sold as a building requiring full renovation and is not presented as a move-in ready residence. It does not offer modernised facilities as standard, nor does it include any newly constructed elements. Potential buyers should anticipate a comprehensive project involving significant capital investment and planning for all aspects of refurbishment and potential conversion.
Ref: VL589789
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
This property is suited for an investor or developer with a vision for urban regeneration and a keen eye for high-potential locations. It is ideal for those seeking to undertake a significant refurbishment or conversion project, transforming an existing structure into luxury residences, boutique hotel rooms, or premium commercial spaces. The buyer should be prepared for a substantial renovation process, understanding that the building's value will be realised through redevelopment. It appeals to individuals or entities looking to capitalise on Marbella's established reputation and demand for quality property within a central, well-connected urban setting, close to the sea and all associated lifestyle amenities.
The building, originally constructed in 1970, requires a complete overhaul. Its current state necessitates a full assessment of structural integrity, followed by extensive renovation. Any new finishes, fittings, and systems will be determined by the future owner's redevelopment plans. This offers a unique opportunity to implement high-specification materials and contemporary design, tailoring the final outcome to a specific market segment, whether for luxury residential use, hospitality, or a hybrid commercial venture. The inherent structure provides a foundation upon which modern quality standards can be built.
The asking price for this substantial building is €4,150,000. This represents the cost for the entire structure, which spans 366m². Given its current condition and the requirement for extensive renovation and potential conversion, this price reflects the opportunity for a developer or investor to acquire a significant asset in a prime Marbella location. No specific unit pricing is applicable, as the sale pertains to the whole building. Availability is immediate, subject to the conclusion of legal and contractual processes.
This building is situated in a dynamic urban environment, steps away from Marbella's lively promenade and the azure waters of the Mediterranean. The immediate vicinity teems with life, offering a dense concentration of amenities including shops, restaurants, and essential services, all within a short walking distance. Daily routines can be fluid, with a morning coffee at a local café, a stroll along the beach, or an evening meal at one of the numerous nearby eateries. The proximity to the port adds another layer of activity and visual interest. This setting is for those who appreciate being at the centre of a well-established, popular coastal city, with the sea as a constant backdrop and the pulse of urban life readily accessible.
Living here places you at the heart of Marbella's energetic urban core. The immediate area offers unparalleled convenience, with a density of services catering to daily life. Within a short walk, one can find numerous restaurants, cafes, banks, and essential shops. The local pharmacy is exceptionally close, underscoring the ease of access to necessities. Public transport is well-represented, with multiple bus lines and numerous stops facilitating movement within the city and to surrounding areas. This is a setting designed for those who value immediate access to a wide array of urban conveniences and a lively, connected lifestyle.
This building is situated in the heart of Marbella, a prominent city on Spain's Costa del Sol. Its location is marked by its immediate proximity to the sea and its integration within a dense urban fabric, offering a high level of accessibility to both coastal amenities and city services. The map context highlights its position within a well-developed area known for its vibrant lifestyle and established infrastructure.
Approximate area · exact address shared on request
Positioned in Marbella, this building is centrally located within the wider Costa del Sol region. It is approximately 47 km west of Málaga, the provincial capital, a major urban centre and transport hub. To the west, Algeciras is situated around 66 km away. Its location provides a balance between the exclusive reputation of Marbella and convenient access to the broader infrastructure and attractions of Andalusia. This central positioning within the coastal strip facilitates exploration of the region's diverse offerings.
This building boasts excellent connectivity. It is located approximately 738 metres from Playa de la Bajadilla, with other beaches such as Playa de Casablanca and Playa de la Fontanilla also within a few kilometres. Malaga-Costa del Sol Airport (AGP) is situated around 39 km away, providing straightforward access to international travel. Essential services are exceptionally close: a supermarket is merely 234 metres distant, and a hospital is less than a kilometre away. For golf enthusiasts, renowned courses like Los Naranjos are approximately 6 km away. The presence of 50 public transport stops and 11 bus lines further enhances local and regional accessibility.
| Beach Distance | 1.2 km |
| Malaga-Costa del Sol (AGP) | 40 km |
| Gibraltar (GIB) | 57 km |
Source: OpenStreetMap, Google Maps
Marbella enjoys a Mediterranean climate characterised by mild winters and warm summers. Average annual temperatures hover around 17.8°C, with seasonal variations typically ranging from 12°C to 26°C. The region benefits from abundant sunshine, contributing to a long swimming season that generally lasts for four months, with sea temperatures reaching or exceeding 20°C. The building's elevation of 23 metres above sea level and its proximity to the coast ensure a pleasant, temperate environment. The gentle slope towards the nearest beach, Playa de la Bajadilla, at 0.5%, indicates an easily accessible coastal plain.
Source: Open-Meteo (2020, 2025 average)
The immediate coastline offers a variety of recreational opportunities. Playa de la Bajadilla is a short walk away, while other notable beaches such as Playa de Casablanca and La Fontanilla are within easy reach. Marbella is known for its Blue Flag beaches, with several located within a short distance. For sporting pursuits, numerous facilities are available, including swimming pools like Supera Miraflores (0.6 km) and municipal pools. The area also boasts several marinas, including Puerto Deportivo Virgen del Carmen (0.5 km), offering maritime activities. Golf is a significant draw, with multiple courses accessible within a short drive.
415 Facilities Available
Source: Blue Flag 2026, OpenStreetMap, CSD
Positioned in Marbella, this building is centrally located within the wider Costa del Sol region. It is approximately 47 km west of Málaga, the provincial capital, a major urban centre and transport hub. To the west, Algeciras is situated around 66 km away. Its location provides a balance between the exclusive reputation of Marbella and convenient access to the broader infrastructure and attractions of Andalusia. This central positioning within the coastal strip facilitates exploration of the region's diverse offerings.
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
Compared to other opportunities in the Marbella area, such as the villas listed from €3.35 million to €3.5 million, this building offers a distinct proposition. While those properties are typically presented as ready-to-occupy residences, this asset is a structure intended for redevelopment. Its price point reflects the inherent potential for value creation through renovation and conversion, rather than the finished product. Its central urban location contrasts with the often more secluded settings of villas, providing immediate access to a dense network of services and a lively streetscape. This makes it a more suitable option for investors focused on urban regeneration projects rather than those seeking immediate turnkey living solutions. The scale of the building also suggests a different type of development potential, possibly accommodating multiple units or a substantial commercial venture, unlike individual villas.
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