This substantial building offers a unique opportunity in Marbella's vibrant heart. Located in the historic old town, it is steps away from the Mediterranean Sea and a wealth of amenities. With a significant build area and multiple units, it presents a versatile prospect for investment or a substantial private residence. Its position in a well-established and desirable area of the Costa del Sol suggests significant potential for capital appreciation and rental yields, appealing to those seeking both lifestyle and financial returns.
When considering properties in the Marbella area, this full building presents a distinct offering compared to typical apartment complexes or individual villas. Developments like The Views Residences and Golden Eight, starting from €1,595,000 and €1,790,000 respectively, often focus on modern apartment living with communal facilities, typically located in more contemporary urbanisations, often further from the historic core. Estrella del Mar Villas, priced from €1,900,000, suggests a move towards more exclusive, larger properties, likely detached or semi-detached homes. This property, however, is unique in its scale and its placement directly within the historic centre. It combines elements of commercial potential with residential units, a configuration less common in the newer, purpose-built residential developments. While newer projects might offer modern amenities and energy efficiency, this building's value lies in its inherent character, prime 'walkable' urban location, and the potential for a comprehensive redevelopment. It appeals to a niche seeking a substantial, character-filled asset in a high-demand, central Marbella location, rather than a standardised new-build apartment.
Key characteristics of location, homes, project phase and points of attention.
The property is situated in the historic centre of Marbella, an area known for its charm and accessibility. Its proximity to the beach, promenade, and a dense network of local shops and restaurants means daily necessities and leisure activities are readily available on foot. This urban setting ensures a lively atmosphere and convenient access to services, integrating residents directly into the fabric of the town.
This property is suited for those seeking a comprehensive living or investment solution within a prime urban location. The divisible nature of the building, comprising commercial space, apartments, and a penthouse, allows for diverse uses. It caters to individuals or groups looking for a substantial base with rental potential, a hospitality venture, or a multi-generational family home in a sought-after coastal town.
The building is presented as 'Gereed' (Ready), indicating that construction is complete and the property is available for immediate occupancy or development. This status removes the typical waiting periods associated with off-plan or under-construction properties, allowing for a swift transition for buyers looking to utilise the space without delay.
This property is an existing structure and is described as requiring 'Restoration'. It is situated within a town setting, which may involve considerations regarding noise levels and local regulations for renovations. While offering mountain and courtyard views, it does not provide the expansive sea vistas often associated with frontline beach properties, nor does it offer the extensive private grounds typical of detached villas.
This property is suitable for investors seeking to capitalise on Marbella's robust tourism sector, perhaps by converting the building into a boutique hotel or luxury holiday rentals. It would also appeal to a large family requiring extensive living space, possibly with a home business, wanting to reside in the heart of a culturally rich and amenity-filled town. Individuals who value urban convenience, with everything from daily shopping to dining and beach access within walking distance, will find this location highly practical. Furthermore, those interested in undertaking a restoration project to create a bespoke living or commercial space in a characterful Andalusian setting would be well-suited. The property's readiness means it can accommodate immediate plans for occupation or development, appealing to buyers who require a prompt transition.
The property is described as requiring 'Restoration', indicating that the current finishes and fittings are likely dated or in need of modernisation to meet contemporary standards. The inherent construction of a building of this age in Marbella's old town would typically involve traditional materials such as stone, brick, and terracotta. Features like covered terraces, fitted wardrobes, and solariums suggest the original build quality included elements common to Mediterranean architecture. However, the extent of the required restoration implies that potential buyers should budget for significant updates to plumbing, electrical systems, insulation, and interior finishes. The building's orientation (East and South) suggests good natural light, which can be further enhanced with thoughtful renovation.
The property is listed at a starting price of €2,100,000, reflecting its substantial size and prime location in Marbella's historic centre. The building comprises 500 m² of built area, offering significant volume and potential for various configurations. This price point places it in the upper echelons of the Marbella property market, targeting investors or individuals seeking a substantial asset. Availability is tied to the completion status, indicated as 'Gereed', suggesting immediate acquisition is possible. The property's size and location in a high-demand area suggest that its value is underpinned by both its physical attributes and the desirability of its setting.
This is a multi-functional building located in the bustling historic centre of Marbella, a stone's throw from the Mediterranean coast. The immediate vicinity is characterised by traditional Andalusian architecture, narrow streets, and a vibrant mix of commercial and residential activity. Residents will find themselves immersed in an environment with an abundance of cafes, restaurants, and boutique shops. The close proximity to the beach (under 1 km) means seaside activities are a daily possibility. The building's layout suggests it could function as a high-yield investment property, a boutique hotel, or a large family residence with integrated business potential. The urban setting ensures convenience, with essential services like a pharmacy located just steps away, and a supermarket within a short walk. The area experiences a lively atmosphere throughout the year, amplified during tourist seasons, offering a dynamic Mediterranean lifestyle.
Living in Marbella's old town offers a highly convenient and engaging lifestyle. Daily errands are easily managed on foot, with a supermarket just 234 meters away and a pharmacy practically on the doorstep (8 meters). The sheer density of amenities within a 2km radius is notable, featuring 138 restaurants, 25 cafes, and 20 banks, catering to diverse needs and preferences. The proximity to the beach (738 meters to Playa de la Bajadilla) allows for regular coastal activities. Public transport is accessible, with 50 bus stops within reach, facilitating travel to surrounding areas. The urban environment ensures a constant buzz, particularly during peak seasons, offering a dynamic social scene alongside essential services.
This map illustrates the property's position within the urban fabric of Marbella's historic centre. It highlights the close proximity to the coastline, the marina, and the dense network of streets characteristic of old towns. Key amenities such as pharmacies, restaurants, and shops are shown to be within immediate walking distance, underscoring the property's central and convenient location.
This property is strategically positioned in Marbella, a prominent city on the Costa del Sol within the province of Málaga. It lies approximately 47 km southwest of Málaga city, a major regional hub. Its location places it between the bustling coastal resorts and the more tranquil inland areas. Marbella itself is a renowned destination, known for its upscale lifestyle, extensive amenities, and high level of tourism. Its position offers convenient access to the wider Costa del Sol, while still maintaining its distinct identity and appeal.
The property boasts excellent accessibility. The nearest beach, Playa de la Bajadilla, is a mere 738 metres away, and other beaches like Playa de Casablanca and La Fontanilla are within a short 2.4 km and 2.9 km respectively. Malaga-Costa del Sol Airport (AGP) is approximately 39 km away by straight-line distance, making international travel feasible. Essential services are extremely close: a supermarket at 234m, a hospital at 996m, and a pharmacy at just 8m. For golf enthusiasts, renowned courses such as Golf Los Naranjos are within a 6.0 km radius. Public transport is well-catered for, with 11 routes and 50 stops accessible, enhancing mobility within the region.
| Beach Distance | 0.7 km |
| Malaga-Costa del Sol (AGP) | 39 km |
| Gibraltar (GIB) | 58 km |
Source: OpenStreetMap, Google Maps
Marbella enjoys a subtropical Mediterranean climate, characterised by mild winters and warm summers. The average annual temperature hovers around 19.2°C, with seasonal highs typically ranging from 12°C to 26°C. The region receives an impressive 3,856 hours of sunshine annually, contributing to a long swimming season of approximately five months when water temperatures consistently reach or exceed 20°C. The property's location at 29m above sea level and its gentle slope towards the sea (1.7%) indicate a comfortable, accessible environment. The surrounding area offers pockets of natural beauty, though the immediate urban setting is the dominant feature.
Source: Open-Meteo (2020, 2025 average)
The coastal location provides ample opportunities for beach and water-based recreation. Playa de la Bajadilla is the closest beach at 738 metres, with several other popular stretches like Playa de Casablanca and La Fontanilla within easy reach. Marbella is also recognised for its Blue Flag beaches, ensuring high standards of cleanliness and facilities. For sports enthusiasts, numerous facilities are available, including swimming pools like Supera Miraflores (0.7 km) and municipal options, as well as sports centres such as Polideportivo Francisco Norte (0.4 km). Golf is a major draw, with several prestigious courses, including Golf Los Naranjos, located within a 6-7 km radius.
415 Facilities Available
Source: Blue Flag 2026, OpenStreetMap, CSD
This property is strategically positioned in Marbella, a prominent city on the Costa del Sol within the province of Málaga. It lies approximately 47 km southwest of Málaga city, a major regional hub. Its location places it between the bustling coastal resorts and the more tranquil inland areas. Marbella itself is a renowned destination, known for its upscale lifestyle, extensive amenities, and high level of tourism. Its position offers convenient access to the wider Costa del Sol, while still maintaining its distinct identity and appeal.
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 | 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 |
Flat
Ref: VL289176
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
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