
Commercial in Marbella




Description
This four-storey commercial and residential building in Marbella Old Town includes a penthouse with a documented 11-year track record as an Airbnb Superhost property and a valid tourist licence. The asset presents a combination of established commercial revenue and significant residential development potential, all held under a single title with no community fees. The structure encompasses 333 m² of internal space plus a substantial rooftop area.
The ground level is dedicated to a 100 m² commercial unit that has been consistently occupied by the same tenant for over a decade and a half. Above this, the first and second floors offer 201 m² of versatile space currently awaiting renovation. The top floor houses the active holiday rental penthouse, which opens onto a private 100 m² rooftop terrace featuring views of the Mediterranean Sea and the local port.
Internal features include air conditioning throughout the occupied sections and dedicated storage rooms. The property is sold as a complete freehold block, allowing the owner full control over the renovation of the middle floors, which could be optimized as a boutique hostal or high-end apartments. The existing penthouse has maintained a 4.94 rating from hundreds of reviews, confirming the desirability of the layout.
The location is situated in the historical heart of the city, just a short walk from the Church of La Encarnación and the iconic Plaza de los Naranjos. Residents and guests are less than five minutes on foot from the shoreline, making this beachside investment property highly accessible to the best of Marbella's infrastructure. This is a strategic acquisition for those seeking an urban asset with verifiable income and clear value-add potential through architectural modernization.
About Marbella
Marbella is the heart of European luxury, where property is viewed not merely as a place to live, but as a means of preserving capital.
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Setting
€ 1 500 000
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Based on 30% of gross monthly income
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