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An iconic building in Marbella's old town, located in the heart of Plaza de los Naranjos.
Consisting of several apartments with elegant rooms and interior patios, it also has a beautiful outdoor terrace located on the top floor of the building. It also boasts two fantastic commercial spaces at street level and two restaurants with terraces.
Most of the rooms have wonderful direct views of Plaza de los Naranjos, as do the commercial spaces and both restaurants.
This building is suitable for tourist/hotel use, with the best possible location.
At 6.104 € per m² built, this listing sits 40% above the median asking price for commercial units in Marbella on our books — 4.351 € per m² across 26 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 commercials 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.