La Capellania, Marbella

Unique Opportunity: Plot with Preliminary Development Project for a Community/Institutional Facility

Plot·JUST-V2398
€3,900,000
2,600 m² Built
1,650 m² Plot
All homes €3,425/m² €2,632 to €4,630 · 605 deeds
Houses €4,785/m² €3,493 to €6,244 · 53 deeds
Apartments €3,401/m² €2,529 to €4,608 · 509 deeds

Registered sale prices across Marbella, October 2025 to April 2026. Real money paid and recorded, not asking prices. The deed count is a measure of our coverage of the register, not of how many homes sold, and deeds register some months after the sale, so this is one pooled figure for the whole window rather than a monthly line.

Appraised value per m², Marbella Valuation basis, Ministerio de Transportes
€4,333/m²2026 Q1
2005 Q1 €1,898 – €4,333 2026 Q1
Homes sold per quarter, Marbella Ministerio de Transportes
842 homes2026 Q1
2004 Q1 395 – 1,745 2026 Q1
Asking, this property €1,500/m² what the seller asks
Achieved, 29602 · Marbella €5,636/m² 506 registered deeds in the window
Valued, latest quarter €4,333/m² 2026 Q1 · Ministerio

Three different measures, shown separately because they are not comparable: what sellers ask, what deeds record, and what valuers assess. The last two cover a whole postcode and a whole municipality at every price level, so a prime property will always sit well above them.


About this property

This 1,647 m² plot is located in one of the most exclusive areas of Marbella’s Golden Mile, within a prestigious residential setting, very close to the Marbella Hill Club development and surrounded by nature, privacy and tranquillity.

Its location is one of the asset’s key advantages. The plot is just a few minutes’ drive from Marbella town centre, Puerto Banús, Puente Romano and Marbella Club, in an area with a high concentration of international residents, premium services and some of the most prestigious international schools on the Costa del Sol.

From a planning and development perspective, the plot offers a particularly interesting preliminary development concept due to its substantial buildability. With a floor area ratio of 1.0 m²/m², it allows approximately 1,647 m² of above-ground built area, with the potential for an additional approximately 1,000–1,500 m² below ground, subject to the applicable planning regulations and final project. This additional area could potentially accommodate parking, technical installations, ancillary facilities and complementary services.

The combination of a prime location, significant development potential and the possibility of creating a specialised facility makes the property particularly attractive to developers, investors and specialised operators.

The designated Cultural-Social Equipment (EC) use allows for several development alternatives, including student accommodation, community residences, senior living/elderly residences, assisted or supported living, social welfare facilities and other related uses. Other potential uses, such as a clinic, hospital or school, would be subject to specific confirmation of planning and sectoral compatibility.

One of the key advantages of the preliminary concept is that this is not simply a residential development opportunity, but rather an asset with the potential to create an income-producing property capable of generating recurring operating revenues.

Given its exceptional location, it is particularly interesting to explore the development of a premium international student residence or a high-end senior living/residential care concept, both of which could benefit from Marbella’s strong international profile and growing demand for high-quality specialised accommodation.

The real investment appeal therefore lies in the possibility of transforming a 1,647 m² plot into a high-value operating asset, combining an exceptional location with substantial development capacity and a potentially attractive income-generating model.

In summary, this represents a particularly distinctive investment opportunity on Marbella’s Golden Mile: a plot in a highly sought-after location, offering approximately 1,647 m² of above-ground buildable area, potential additional below-ground space and several development alternatives within the Cultural-Social Equipment designation.

The combination of these factors creates the opportunity to develop a premium, income-producing asset focused on profitability, recurring revenues and long-term value creation, making it particularly attractive to specialised operators, investment funds and property investors.


Specification

Reference
JUST-V2398
Type
Plot
Location
La Capellania, Marbella
Build m²
2,600
Plot m²
1,650

Features & amenities

  • Garden view
  • Mountain view

Marbella

Marbella, Marbella

An area guide to Marbella: how the town is laid out, what each neighbourhood is actually like, and what homes there sell for on official deed prices.

145Marbella properties for sale right now
€1,655,000Median asking price
€10,302 / m²Median price per m²