Renovation Project: Four-Bed Townhouse in Marbella's Old Town
€800,000
€5,195/m²
- 4
- Bedrooms
- 2
- Bathrooms
- 154 m²
- Interior
- Townhouse
- Type
- 5 days ago
- Listed
The Habio take
This four-bedroom townhouse is a promising renovation project, located on a peaceful pedestrian street in Marbella's historic heart. With ample outdoor spaces and an unbeatable location, it's ideal for a family home or a holiday rental investment.
- historic
- investment
- renovation
- city
Highlights
- Four spacious bedrooms
- Large landscaped back patio
- Expansive rooftop terrace with views
- Located in historic Marbella
- Significant renovation potential
Worth knowing
- Requires complete renovation
- Limited parking options in the area
Good fit for: Ideal for those looking to invest in a historic property with renovation potential.
Lifestyle scores
- Beach
- 70
- Walkable
- 90
- Remote work
- 60
- Family
- 70
- Retirement
- 60
- Airport access
- 80
- Investment
- 80
- Luxury
- 50
- Value
- 60
About this place
This townhouse exudes character and offers significant potential in Marbella's Old Town. Situated on a tranquil pedestrian street just steps away from the iconic Plaza del Santo Cristo, the property stands as a rare investment opportunity.
The layout, primarily across two floors, includes an entrance hall, a separate kitchen, four bedrooms, and two bathrooms. However, the standout features are its outdoor areas: a beautifully landscaped back patio of approximately 60 m² that fills the interiors with natural light, and a spacious rooftop terrace that provides unobstructed views and sunlight throughout the day.
While the property is in need of complete renovation, its excellent layout and prime location present a remarkable opportunity to create a luxurious family home or a holiday business that retains authentic Mediterranean charm. This strategic investment boasts extraordinary potential for appreciation in one of Marbella's most desirable areas.
Where you’ll be
Marbella, Andalusia, Spain
Exact location is confirmed by the agent on enquiry.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
