Hotel for sale in Marbella, Málaga

Casa Balata

A timeless legacy
An exclusive property with exceptional investment potential in Marbella's historic Old Town

Nestled in a quiet cul-de-sac within one of the most desirable areas of Marbella's Historic Old Town, this property offers a truly unique setting. Here, the tranquil silence perfectly blends with authentic Andalusian charm, characterized by picturesque streets of whitewashed houses, steps away from vibrant local cafes and restaurants.

On the rooftop, the property transforms into a small, private oasis. Featuring a lounge area and a plunge pool, the terrace is designed to enjoy Andalucia’s exceptional climate and warm, balmy nights all year round. It also boasts rare, breathtaking views stretching across the mountains, the town, and the historic castle La Alcazaba.

This versatile property represents an ideal investment opportunity. It is suited for a boutique hotel, a charming aparthotel, or to serve as a luxurious primary or secondary residence for a large family seeking an unparalleled quality of life.

Held by the same prominent local family for generations, the building underwent a meticulous, top-tier reconstruction in 2016. By artfully preserving original structural elements, the property retains its cultural certification and soul while offering the pinnacle of 21st-century luxury.

This is more than just a property; it is a piece of Marbella’s living history, tastefully blended with modern construction technique and sophistication.

The property at a glance
Location: Prime center of Marbella's Old Town, surrounded by vibrant bougainvillea, boutique shopping, and gourmet dining.

Composition: 4 independent luxury suites/studios + a prime ground-floor commercial space (recently operating as a successful restaurant). 100 m2 roof-top terrace lounge with views of the mountain and the city, and a plunge pool. There is an option to create 3 more studios in the building.

Technology & security: Fully integrated, advanced home automation (smart home system) and state-of-the-art security systems throughout.

A historic connection: Features some exclusive, curated pieces of furniture sourced directly from the legendary Marbella Club, owing to the family’s deeply rooted involvement with the iconic resort.

A perfect fusion of heritage and innovation
Every inch of this property whispers sophistication. The 2016 rebuild spared no expense, implementing advanced climate control, acoustic insulation, and high-end finishes while honoring the building's Andalusian heritage.

A nod to Marbella's golden age
The interiors are beautifully accented with select furniture pieces from the world-renowned Marbella Club. These elements inject an unmatched sense of quiet luxury, old-world glamour, and authentic local history into the spaces.

The residences
Four beautifully appointed suites/studio apartments offer bright, airy living spaces, contemporary kitchens, and elegant bedrooms. Flooded with natural light, they provide a peaceful sanctuary from the bustling town below.

The commercial space
The ground level features a thriving restaurant space, boasting high foot traffic and an enchanting entrance that captures the romance of old town Marbella.

Endless possibilities and investment potential
This versatile estate offers flexibility and presents multiple investment pathways:

The ultimate boutique hotel: Transform the building into a bespoke luxury boutique hotel. The ground-floor premises serve as the perfect reception and signature restaurant, while the upper levels host guests seeking an authentic, upscale Marbella experience.

High-yield rental portfolio: Rent out the four premium apartments individually alongside a steady commercial lease from the restaurant.

A generational family estate: Return the property to its roots as a grand family compound, catering to multiple generations under one roof while retaining a private retreat in the center of the Costa del Sol.

Value-add expansion opportunity: The commercial premises offer the structural flexibility to be converted into three additional small studio apartments, maximizing the residential inventory and potential rental yield.

Experience the soul of Marbella
Opportunities to own a historic property built to flawless modern standards in Marbella's Old Town are exceptionally rare. Whether you are looking to secure a prestigious family legacy or launch a flagship hospitality venture, this property stands as a standout offering in Marbella.