EDENOVO

Commercial in Marbella

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EDN-119200
For Sale
Listed since Sep 23, 2026
—Bedrooms
—Bathrooms
333 m²Built
Urban ViewsViews

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.

Areas

Built:333 m²

General

Type:Commercial / Apartment ComplexCondition:Renovation RequiredEnergy rating: {rating}E

Views

Urban Views

Climate

Air ConditioningHot A/C
Region:MarbellaArea/Town:Marbella

Setting

TownCommercial AreaClose To ShopsClose To SeaClose To Schools
Asking Price

€ 1 500 000

Price per m²
€ 4 505 / m²

Purchase Cost Calculator

€ 1 500 000
€
Transfer Tax (ITP 7%)€ 139 000
Notary & Registry Fees (est.)€ 3 500
Legal Fees€ 15 000
Total Taxes & Fees€ 157 500
Total Purchase Cost€ 1 657 500

Costs are approximate. Please consult a legal advisor.

Mortgage Calculator

Property Price (€)€ 1 500 000
Down Payment20% (€ 300 000)
%
years
Loan Amount€ 1 200 000
Monthly Payment€ 6 007,48
Required Monthly Income€ 20 024,94 / mo

Based on 30% of gross monthly income

Calculations are indicative. Please consult a financial advisor.

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EDN-119200·EUR 1 500 000€ 4 505/m²