Townhouse · Marbella
Building comprising 4 spacious independent apartments and a commercial space with a basement, located in the old town of Marbella.
€2,100,000Asking price · Ref. R4453009
Description
Building comprising 4 spacious independent apartments and a commercial space with a basement, located in the old town of Marbella.
With a constructed area of 404 m2, plus a large 145 m2 rooftop terrace offering beautiful views of the old town and the Church of La Encarnación.
The building is situated between two streets, and all apartments have access to a small terrace/balcony. The main apartment has 3 bedrooms and is the only one with direct access to the rooftop terrace.
Ideal property for tourist rental. The commercial space is also available for rent.
Setting
Town · Close To Port · Close To Shops · Close To Sea · Close To Schools · Close To Marina
Orientation
North · East · South · West
Condition
Good
Climate Control
Fireplace
Views
Mountain · Urban
Features
Private Terrace · Solarium · Utility Room · Near Church
Furniture
Not Furnished
Kitchen
Fully Fitted
Parking
Street
Utilities
Electricity · Drinkable Water · Telephone
Property Intelligence
Investment memo
Based on feed data only. Where information is not available we say so.
- Asking price
- €2,100,000
- Price per m² built
- €5,198 asking price ÷ listed built area
- Built size
- 404 m²
- Plot size
- 145 m²
- Terraces
- 145 m²
- Bedrooms
- 7
- Bathrooms
- 5
- Area
- Marbella
- Location quality
- Assessed in a full memo on request.
- Rental potential
- Not assessed from feed data. Licensing, seasonality and costs are reviewed in a full memo.
- Liquidity considerations
- Solid international demand; marketing periods are driven by location quality, condition and pricing discipline.
- Relative value
- We do not publish valuations or comparables we have not verified. A comparable set is prepared on request.
Why we like it
Our view is formed once we have viewed the property and reviewed its documentation.
What we would challenge
- Condition listed as good: assume a modernisation budget until surveyed.
- Asking price only: we form a view of value from verified comparables before recommending an offer.
What we would verify
- Registered versus cadastral areas for plot and built surfaces
- Licence of first occupation and legality of all structures
- Charges, encumbrances and ownership at the land registry
- Local taxes (IBI), community fees and any pending levies
Acquisition considerations
- Resale purchases in Andalusia are generally subject to 7% transfer tax (ITP); new-build purchases to VAT plus stamp duty. Notary, registry and legal fees are additional. Confirm with your lawyer.
- A private purchase contract with a deposit (often around 10%) normally precedes completion before a notary.
- Financing approvals should be secured before signing a deposit contract.
Financing example
How a buyer could potentially fund 100% of the purchase price without automatically selling investments.
- Property price
- €2,100,000
- Taxes, legal, notary and acquisition costs illustrative c. 10%
- €210,000
- Total acquisition requirement
- €2,310,000
- Traditional mortgage 50% of property price
- €1,050,000
- Portfolio-backed facility e.g. c. 70% of an eligible portfolio of c. €1.8m
- €1,260,000
- Cash sale of investments required
- €0
Financing examples are illustrative and do not constitute an offer of credit. Availability depends on the client profile, collateral, property, jurisdiction and lender approval. Portfolio-backed lending may be illustrated at up to approximately 70% loan-to-value where suitable. Actual lending value depends on portfolio composition, concentration, volatility, liquidity, currency, jurisdiction and lender approval. Borrowing below the maximum leaves a buffer if markets fall. Mortgage approval depends on income, residency, property value and lender. How Smart Financing works.
Property information is supplied by owners, collaborating agencies and/or authorised data providers and is subject to verification. Availability, measurements, planning status and specifications may change and should be independently confirmed before acquisition. The exact address is disclosed privately.