Townhouse · Marbella
Charming townhouse in the old town of Marbella.
€1,500,000Asking price · Ref. R5514331
Description
Charming townhouse in the old town of Marbella.
A Relais & Châteaux property, this house is currently an annex of the Hôtel La Fonda Relais & Châteaux, a luxury 5 star Boutique Hotel located in the historic old town, generating an income of €43,000 per year for the owner with only 60 days of annual rental, with the possibility of increasing or decreasing the number of available days as desired. The current return is 3% per year, with the potential to reach 10%.
It boasts all the character of a typical old-town house while also offering luxurious details such as underfloor heating in the kitchen and both bathrooms, solar panels for hot water, hot/cold air conditioning throughout, double-glazed windows, a pellet stove in the living room, solid wood doors and windows with double glazing, and natural terracotta tile flooring throughout.
The fully furnished house boasts a comfortable layout. On the entrance floor, next to the living room and kitchen, there is a lovely interior patio with numerous plants, making it a very pleasant and cool place to escape to on the hottest days. The patio also has its own water well, a beautiful decorative feature.
The living room, with its fireplace, natural terracotta floors, wooden beams on the ceiling, and two large floor-to-ceiling windows, makes this beautiful room a very comfortable space.
On the first floor, there are two bedrooms and two bathrooms. The master bedroom has an en-suite bathroom with a shower and its own dressing room. This bedroom features three large windows with balconies and pleasant views of a quiet pedestrian street.
A second double bedroom also has a large window with a lovely balcony overlooking the interior patio and an en-suite bathroom with a shower.
On the top floor, there is a third fantastic bedroom with high ceilings that can be used as a guest room or as a study for reading or entertainment. From here you can access a large private terrace where you can enjoy the sunlight all day long, with different areas to relax in the sun, sit and have a drink next to a bar/barbecue area with a small outdoor kitchen, and enjoy beautiful views over the old town.
A true gem for lovers of the old town.
Setting
Town · Close To Port · Close To Shops · Close To Sea · Close To Schools · Close To Marina
Orientation
South West · West
Condition
Excellent · Recently Renovated · Recently Refurbished
Climate Control
Air Conditioning · Pre Installed A/C · Hot A/C · Cold A/C · Fireplace · U/F Heating · U/F/H Bathrooms
Views
Mountain · Panoramic · Urban · Street
Features
Fitted Wardrobes · Near Transport · Private Terrace · Solarium · Ensuite Bathroom · Barbeque · Double Glazing · Near Church
Furniture
Not Furnished
Kitchen
Fully Fitted
Security
Entry Phone · Alarm System
Utilities
Electricity · Drinkable Water
Property Intelligence
Investment memo
Based on feed data only. Where information is not available we say so.
- Asking price
- €1,500,000
- Price per m² built
- €8,108 asking price ÷ listed built area
- Built size
- 185 m²
- Plot size
- 85 m²
- Terraces
- 40 m²
- Bedrooms
- 3
- Bathrooms
- 2
- 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
- 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
- Views listed in the feed: mountain, panoramic, urban, street.
- Condition listed as excellent.
What we would challenge
- 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
- €1,500,000
- Taxes, legal, notary and acquisition costs illustrative c. 10%
- €150,000
- Total acquisition requirement
- €1,650,000
- Traditional mortgage 50% of property price
- €750,000
- Portfolio-backed facility e.g. c. 70% of an eligible portfolio of c. €1.29m
- €900,000
- 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.