Apartment in Marbella

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Discover a unique opportunity in the heart of Marbella, offering an enviable frontline location to the sea and a valuable tourist licence. This magnificent property is situated along Marbella's vibrant Paseo Marítimo, just a stone's throw from the golden sandy beaches and adjacent to the bustling Marina. The area is rich with restaurants, shops, and leisure facilities, making it one of Marbella's most sought-after tourist destinations.

Spanning approximately 40 m², this property features a cleverly enclosed terrace that has been transformed into an additional bedroom, along with an independent kitchen and a spacious bathroom. The southeast orientation bathes the space in natural light, creating a warm and inviting atmosphere. Residents will also benefit from the building's concierge service and beautifully maintained communal gardens, which add an extra touch of comfort and convenience. Currently undergoing restoration, the building presents an exciting canvas for new owners.

A thoughtful renovation of this property could significantly optimize its layout, enhancing both the functionality of the space and its rental potential. With its existing tourist licence and prime location, the property opens up a variety of investment strategies, whether you choose to pursue short-term tourist rentals, undertake a renovation and resale, or engage in long-term investment.

The area is on the cusp of further transformation, with significant port improvement projects underway. The expansion of La Bajadilla Port, involving an investment of more than €200 million, aims to increase its capacity dramatically, while a €1 million investment plan is set to enhance Marbella's main Marina, Puerto Deportivo Virgen del Carmen. These developments not only elevate the charm of the area but also bolster its potential for future capital appreciation, making this an especially appealing opportunity for discerning investors.

This property represents a rare combination of factors in Marbella: a frontline sea location, an attractive tourist licence, a prime central location, and the promise of strong investment potential. With the estimated total purchase costs carefully outlined, including the potential Property Transfer Tax and other related fees, prospective buyers can approach this opportunity with clarity and confidence.

Seize the chance to own a piece of Marbella's vibrant landscape and unlock its endless possibilities for profit and enjoyment.

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