Townhouse · The Golden Mile
Townhouse for Sale in La Virginia Urbanization
€1,150,000Asking price · Ref. R5017663
Description
Townhouse for Sale in La Virginia Urbanization
Located in one of Marbella’s most charming and characterful urbanizations, this townhouse represents a magnificent renovation opportunity in a truly unique setting. Surrounded by mature gardens, picturesque corners and streets full of personality, the property enjoys an enclave that combines privacy, beauty and distinctive Andalusian architecture.
The property currently consists of two dwellings joined together, with the possibility of separating them again to create two independent units, significantly expanding the renovation and usage options. This flexibility makes it ideal both for private residential use and investment purposes, allowing the future owner to adapt the property entirely to their needs.
Setting
Town · Close To Shops · Close To Sea · Urbanisation
Orientation
East
Condition
Good
Views
Garden · Courtyard
Features
Private Terrace · Restaurant On Site · Basement
Security
24 Hour Security
Property Intelligence
Investment memo
Based on feed data only. Where information is not available we say so.
- Asking price
- €1,150,000
- Price per m² built
- €5,750 asking price ÷ listed built area
- Built size
- 200 m²
- Plot size
- 208 m²
- Terraces
- 8 m²
- Bedrooms
- 3
- Bathrooms
- 3
- Area
- The Golden Mile · area guide
- Location quality
- Marbella’s established prime address between the old town and Puerto Banús.
- Rental potential
- Not assessed from feed data. Licensing, seasonality and costs are reviewed in a full memo.
- Liquidity considerations
- Sits in the deepest part of the prime market; resale demand is typically broad, with condition and location the main differentiators.
- Relative value
- We do not publish valuations or comparables we have not verified. A comparable set is prepared on request.
Why we like it
- Security: 24 hour security.
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.
Golden Mile: context
The Golden Mile runs along the coast between Marbella town and Puerto Banús, rising from beachfront estates to the foothills below La Concha. It is the most recognised address in Marbella and remains a reference point for value along the coast.
- Marbella old town
- c. 5–10 min
- Puerto Banús
- c. 5–10 min
- Málaga airport
- c. 45 min
- International schools
- c. 10–15 min
Approximate driving times, traffic-dependent.
Financing example
How a buyer could potentially fund 100% of the purchase price without automatically selling investments.
- Property price
- €1,150,000
- Taxes, legal, notary and acquisition costs illustrative c. 10%
- €115,000
- Total acquisition requirement
- €1,265,000
- Traditional mortgage 50% of property price
- €575,000
- Portfolio-backed facility e.g. c. 70% of an eligible portfolio of c. €986,000
- €690,000
- 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.