For investment- Magnificent building in the Old Town of Marbella

€1,400,000
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Description

Exceptional Investment Opportunity – Ideal for a Boutique Hotel or Residential Apartments!

Magnificent building located in the heart of Marbella’s Old Town, right next to the famous Casa Eladio Restaurant, recommended by the Michelin Guide. This property consists of 3 independent registered units being sold together, with a total built area of 637 m² and a 50 m² terrace. Two of the units are currently apartments with 6 and 4 bedrooms, located on the first and second floors above Casa Eladio. The third unit is the adjoining building, which includes 3 floors and a rooftop terrace. All units require full renovation.

In addition, the building features a private outdoor parking area with space for up to 7 vehicles — a significant advantage in this highly sought-after area. Its privileged location next to the city’s ancient wall and its classification as a site of cultural interest make this property truly unique.

This fabulous building in central Marbella is a prime opportunity for investors, offering multiple possibilities: conversion into a boutique hotel, management of rental apartments, or sale of modern residences while preserving the traditional façade in keeping with the historic charm of Marbella’s Old Town.

Marbella’s Old Town (Casco Antiguo) is situated in the very heart of the city, just a short stroll from the Mediterranean Sea. This charming historic quarter is known for its narrow cobbled streets, whitewashed houses with flower-filled balconies, and lively squares. At its center lies the Plaza de los Naranjos, a social and historical landmark surrounded by emblematic buildings such as the Town Hall and the Chapel of Santiago. With its authentic Andalusian atmosphere and blend of Moorish and Renaissance influences, it remains a captivating destination for both residents and visitors alike.

Neighborhood

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Location is approximate. Please call for the exact location.

Property Features
  • Other
  • Floor Area is 637
  • Amenities near
  • Close to schools
  • Close to shops
  • Close to town
  • Renovation Needed
  • Street view
  • Transport near
  • Urban view

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