Townhouse · The Golden Mile
Townhouse in The Golden Mile
€1,350,000Asking price · Ref. R5470636
Description
Exceptional corner townhouse for sale in Arco Iris, an established gated residential community on Marbella’s prestigious Golden Mile, close to Puente Romano, Forum Marbella, the beach, restaurants, international schools and everyday amenities.
The property offers approximately 360 m² built and 64 m² of terraces, distributed across four spacious levels. It currently features three bedrooms and four bathrooms, including three en suite bathrooms. Thanks to its generous proportions and flexible layout, a carefully designed renovation could potentially create up to six bedrooms, subject to technical feasibility and the necessary approvals.
The main floor comprises a generous living and dining room, an independent kitchen and a large southwest facing terrace overlooking the landscaped communal gardens and swimming pool. A comprehensive renovation could create an impressive open plan kitchen, dining and living area, with larger arched windows introducing additional natural light.
There is also potential to create direct access from the property to the communal pool and gardens, significantly improving the connection between the interior, terrace and outdoor areas. This alteration would remain subject to technical feasibility and the necessary community and administrative approvals.
The upper floors contain spacious bedrooms, bathrooms and private terraces, offering excellent potential for a luxurious principal suite with bespoke wardrobes and a spa style bathroom.
The basement includes a games room of approximately 27 m², which could be converted into a cinema, gym, entertainment room, wine cellar or additional guest accommodation. The property also includes a private covered garage of approximately 42 m², providing space for two cars and additional storage.
A particularly valuable feature is the property’s valid tourist rental licence, making it an attractive option as a permanent residence, luxury holiday home or rental investment on Marbella’s Golden Mile.
This is a rare renovation opportunity combining exceptional interior space, a desirable corner position, southwest orientation, communal swimming pool, private garage and an excellent location close to Puente Romano and Forum Marbella.
We hold the keys, and viewings can be arranged easily and at short notice.
Some images are AI generated renovation concepts intended solely to illustrate the property’s potential. They do not represent its current condition. Any alterations would be subject to technical feasibility and the relevant planning and community approvals.
Setting
Close To Sea
Orientation
South West
Condition
Good
Pool
Communal
Climate Control
Air Conditioning · Fireplace
Views
Pool
Features
Covered Terrace · Private Terrace · Ensuite Bathroom · Basement
Furniture
Not Furnished
Garden
Communal
Security
Gated Complex
Parking
More Than One · Private
Property Intelligence
Investment memo
Based on feed data only. Where information is not available we say so.
- Asking price
- €1,350,000
- Price per m² built
- €3,750 asking price ÷ listed built area
- Built size
- 360 m²
- Plot size
- Not provided
- Terraces
- 64 m²
- Bedrooms
- 3
- Bathrooms
- 4
- 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
- Private or communal pool listed.
- Security: gated complex.
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
- €1,350,000
- Taxes, legal, notary and acquisition costs illustrative c. 10%
- €135,000
- Total acquisition requirement
- €1,485,000
- Traditional mortgage 50% of property price
- €675,000
- Portfolio-backed facility e.g. c. 70% of an eligible portfolio of c. €1.16m
- €810,000
- 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.