

Situated in the vibrant core of San Pedro de Alcántara, this versatile commercial building represents a rare prospect for developers seeking a high-value project on the Costa del Sol. This property, spanning four distinct levels, is perfectly positioned to capture the growing demand for boutique accommodation and urban residential spaces in one of the region’s most authentic and rapidly evolving towns. Its proximity to both the traditional Spanish charm of the town center and the upscale amenities of Puerto Banús makes it a strategic asset for a sophisticated portfolio.
The internal distribution is currently spread across 216 square meters of built area, offering a blank canvas for structural transformation. The ground floor serves as a functional private garage and storage space, which could easily be reimagined as a stylish reception or lobby area. Above, the first floor transitions from its former commercial use into a space ideal for a series of studio apartments. The second floor currently holds the primary residential configuration, featuring three bedrooms and two bathrooms, while the crowning jewel is the expansive rooftop terrace. This upper level offers panoramic views of the sea, mountains, and the urban skyline, with significant potential for enclosure to create additional luxury suites or a communal sky lounge.
The property benefits from a south-southwest orientation, ensuring natural light floods the interior throughout the day. Essential utilities including electricity are already in place, and the structure is sold with the advantage of having planning permission considerations already on the radar. Investors can leverage the substantial renovation potential to create a multi-unit rental building or a bespoke guest house. The existing layout allows for a seamless flow between private living quarters and public-facing commercial zones, depending on the chosen development path.
San Pedro de Alcántara is renowned for its walkability and high-quality infrastructure. The building is located just steps away from local schools, professional services, and a thriving gastronomic scene. Excellent transport links connect the site to the wider Marbella area and Málaga International Airport. Within a short stroll, residents or guests can reach the Mediterranean shoreline and the coastal promenade, making this an ideal location for those who value an urban lifestyle with immediate access to the sea.
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