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Marbella, Andalusia, Spain

Six-Bedroom Townhouse with Renovation Potential in Marbella

€690,000

€3,136/m²

Great value35% below the typical price per m² for townhouses in Marbella
6
Bedrooms
4
Bathrooms
220 m²
Interior
Townhouse
Type
1 Sept 2026
Listed

The Habio take

AI summary

This six-bedroom townhouse in Marbella's Old Town offers an excellent opportunity for renovation and investment. Located in one of the most charming areas, close to Parque de la Represa, it is perfect for various uses, including a boutique hotel or bespoke residence.

  • historic
  • investment
  • renovation
  • city

Highlights

  • Six spacious bedrooms
  • Multiple potential uses
  • Elevator access in the Old Town
  • Charming terraces with views
  • Close to Parque de la Represa
  • Renovation opportunity

Worth knowing

  • Requires complete renovation
  • Parking availability may be limited in Old Town
  • Some structures may need updating

Good fit for: Ideal for investors or those looking to create a bespoke residence in a historic setting.

Lifestyle scores

Beach
80
Walkable
90
Remote work
70
Family
75
Retirement
65
Airport access
75
Investment
85
Luxury
60
Value
70

About this place

This property is a spacious townhouse of approximately 220 m², situated in the heart of Marbella’s Old Town, just a short walk from the local youth hostel and Parque de la Represa. While it requires complete renovation, its layout provides significant flexibility, making it ideal for a diverse range of projects. The ground floor includes a ready-to-occupy apartment and a second space suitable for an additional independent unit.

The first floor features a kitchen with access to a pleasant two-level terrace, offering open views and a bright living room with balconies. Here, you’ll find two bedrooms and a full bathroom. An elevator allows easy access to the upper levels, which is rare for the Old Town. On the second floor, three additional bedrooms and another bathroom await, along with access to a charming terrace with scenic views of the street and mountains. An upper terrace provides panoramic vistas, including glimpses of the sea, creating a perfect space for relaxation or social gatherings.

With character, spaciousness, and considerable potential for value appreciation, this property suits both investors and buyers seeking to craft a unique home in one of Marbella's most historic and desirable areas.

What this place offers

  • terrace
  • elevator

Where you’ll be

Marbella, Andalusia, Spain

Exact location is confirmed by the agent on enquiry.

ES

Buying property in Spain

Full guide →

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

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