Income-Producing Investment Building in Marbella Old Town
\nA rare opportunity to acquire an entire four-storey building in a prime location within Marbella's historic Old Town, just steps from Plaza de los Naranjos and the Church of La Encarnaci\u00f3n, and less than a five-minute walk from the beach.
\nThe property offers 333 m\u00b2 of built area and combines existing income streams with substantial potential for repositioning and value creation.
\nThe ground floor comprises an approximately 100 m\u00b2 commercial unit, leased to a third party and operating for the past 16 years. The current lease generates an annual rental income of \u20ac22,800 and runs until 2028.
\nThe top floor features a penthouse with a valid short-term rental licence \u2014VFT\/MA\/04059\u2014 which has operated on Airbnb for 11 years with Superhost status and an outstanding rating of 4.94 out of 5 from 175 reviews. The property also benefits from an impressive rooftop terrace of approximately 100 m\u00b2, not included in the registered built area.
\nThe first and second floors provide approximately 201 m\u00b2 of additional space with considerable renovation and optimisation potential. They may remain in residential use or be considered for conversion into an accommodation project, such as a hostal or boutique hotel, subject in all cases to the relevant technical, planning and administrative approvals.<\/p>\n
Key investment features include:<\/p>\n
Income-generating operations from day one.
\nEntire building with no community fees.
\nCommercial unit with an existing lease.
\nLicensed tourist penthouse with a proven operating history.
\nFurther renovation and repositioning potential.
\nStrategic location in one of Marbella's most sought-after tourist areas.
\nAsking price: \u20ac1,500,000.<\/p>\n
An attractive opportunity for investors seeking an urban asset with existing income, a verifiable operating track record and the potential to enhance returns over the medium \u200cterm.
\nAny \u200cproposed \u200cconversion \u200cof \u200cthe first \u200cand second \u200cfloors, together with \u200cthe investment \u200cand return projections, \u200cmust \u200cbe \u200cconfirmed through \u200cthe appropriate technical, \u200cplanning, \u200clegal \u200cand \u200cfinancial \u200cdue \u200cdiligence.<\/p>","protected":false},"template":"","class_list":["post-244708","type-property","status-publish","availability-for-sale","property_type-commercial","property","department-residential-sales","office-"],"acf":[],"yoast_head":"\n