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Exceptional Investment Opportunity in Marbella

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€8,400,000.00

Overview

Property ID: 24-171B

Description

This remarkable building offers a lucrative investment opportunity in one of Marbella’s most sought-after areas, Nueva Andalucía. Conveniently located just a 10-minute walk from the beach and the iconic Puerto Banús marina, the property combines tranquility with proximity to essential services and vibrant attractions.

Features:

  • Apartments: 17 apartments of various sizes, ranging from cozy 73 m² units to two luxurious duplex penthouses of 447 m², each with private pools and breathtaking views.
  • Commercial Spaces: 3 retail units ideal for businesses.
  • Parking & Storage: 21 parking spaces with storage units.
  • Amenities: Lush landscaped gardens and a communal swimming pool.
  • Renovation Potential: The property requires updates, including façade repairs, mechanical upgrades, and renovations of carpentry, bathrooms, and kitchens in many apartments.

Additional Opportunities

  • Expand the Number of Units: Some apartments can be divided into two or even three smaller units, increasing the overall inventory and potential rental or sales income.
  • Versatile Investment Options: Ideal for short-term holiday rentals, long-term leases, or resale for substantial profit margins.

Details

  • Price
    €8,400,000.00
  • Floors
    4
  • Usable Area
    4,084 m²
  • Built Area
    5,105 m²
  • Orientation
    Southwest
  • Distance to the Sea
    800 meters
  • Views
    Panoramic sea and mountain views
  • City Marbella
  • State Andalusia
  • Country Spain

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