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Purchase investment in Marbella's Old Town.
This building consists of two registered properties. One of the properties is for sale, corresponding to half of the entire building, which is already divided horizontally.
The property for sale consists of a home with a private patio on the first floor, as well as another home on the second floor, which also has access to a large private solarium-style terrace.
The elegant entrance hall to the house, along with the light well that provides access to both properties, are part of the building's common areas.
The house dates from the early 20th century and enjoys the best possible location on one of the most picturesque streets, next to the most renowned boutique hotels operating in the area and the famous Hotel La Fonda, in Plaza de Santo Cristo.
The house consists of several rooms distributed over the two floors, all with very high ceilings and exposed wooden beams, a characteristic of the elegant and stately homes of the time.
Without a doubt, this property represents a real and unrepeatable purchasing opportunity.
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At 4.011 € per m² built, this listing sits 31% below the median asking price for apartments in Marbella on our books — 5.778 € per m² across 1312 listings.
Those are asking prices from our broker feed, not sold prices. Agreed figures on the Costa del Sol routinely land below asking, and the gap moves with the area and with how long a property has been on the market. We wrote about that difference in asking versus sold price.
The closest 6 listings we hold for apartments in Marbella, ordered by how near they sit to this asking price.
Every viewing is in person, with a senior member of our team. We come prepared with the building check, comparable transactions, and our honest read.