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San Pedro de Alcántara, Andalusia, Spain

Apartment Complex with Development Potential in San Pedro de Alcántara

€2,750,000

€3,187/m²

Great value45% below the typical price per m² for apartments in San Pedro de Alcántara
1
Bedroom
1
Bathroom
863 m²
Interior
Apartment
Type
3 Sept 2026
Listed

The Habio take

AI summary

This modern apartment complex in San Pedro de Alcántara offers 863 m² of built space, ideal for a boutique hotel or multi-apartment rental. Located in the heart of Marbella, it boasts immediate potential with eight fully licensed apartments, built in 2022 and ready for income generation.

  • investment
  • rental income
  • new build
  • city

Highlights

  • 863 m² built area
  • Opportunity for boutique hotel or multi-apartment rental
  • Eight modern fully licensed apartments
  • Built in 2022 - no renovation required
  • Possible to add an additional floor

Worth knowing

  • Limited to existing development potential unless more floors are added
  • Town centre location may be busy

Good fit for: This property suits an investor looking for a turnkey rental opportunity or boutique hotel in a prime location.

Lifestyle scores

Beach
80
Walkable
90
Remote work
70
Family
60
Retirement
65
Airport access
75
Investment
85
Luxury
75
Value
50

About this place

This apartment complex for sale in San Pedro de Alcántara presents a unique investment opportunity. With a total built area of 863 m², the property comprises eight modern apartments, constructed in 2022, leaving no renovation required. The building spans three floors, with the option to add a fourth floor, enhancing its investment potential.

Currently functioning as an aparthotel, the layout includes:

- Two apartments with one bedroom

- Four apartments with two bedrooms

- Two penthouses featuring three bedrooms each

The development avails a strategic position in the town centre, complete with the necessary licenses and documentation in order.

Where you’ll be

San Pedro de Alcántara, 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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