Townhouse for sale in Marbella, Málaga

Exceptional renovation opportunity in the heart of Marbella Old Town

Unbeatable location
Nestled in the vibrant center of Marbella’s Old Town, this property is a mere stroll from the renowned Plaza de los Naranjos. It’s surrounded by picturesque cobblestone streets lined with delightful restaurants, cozy tapas bars, and unique boutiques. Just a 5 to 8-minute walk leads you to the sandy beaches and the scenic seafront promenade. This area is the cultural and tourist epicenter of Marbella, boasting a distinctive Andalusian charm and a steady demand throughout the year.

Key features

- Three levels plus a rooftop terrace that presents panoramic views, perfect for creating enchanting outdoor spaces.

- Approximately 129 m² of built area, currently configured with a living room, kitchen, bedrooms, and bathrooms.

- An opportunity to construct a fourth floor or penthouse, maximizing the potential for expansion and increasing property value.

- Rich in traditional Andalusian character, the home features a classic whitewashed exterior and authentic architectural details, with the possibility of adding an interior patio.

Living and investment possibilities

- Primary home: Ideal for those wishing to embrace life in Marbella’s historic core with all essential amenities within easy reach.

- Tourist investment: A fantastic opportunity for holiday rentals, Airbnb, or tourist apartments in a highly sought-after area.

- Live + work: The ground floor can serve as commercial space for a boutique or professional studio, while residing or renting out the upper levels.

- Renovation and value enhancement: A well-planned renovation could greatly boost the property's market value.

Location highlights

- Situated in a pedestrian-friendly tourist hotspot with consistent foot traffic year-round.

- Close proximity to historic squares, churches, museums, and all necessary services.

- Just a stone's throw from the beach, beach bars, and the Marbella promenade.

Final thoughts
This enchanting property, featuring three levels and a rooftop terrace, is positioned in the very center of Marbella Old Town—one of the most desirable areas on the Costa del Sol. It serves as an excellent stylish residence or a lucrative investment opportunity. This is a rare chance for investors and creative buyers to realize their vision.