4 Bedrooms

3 Bathrooms

IBI €1,276 – €4,274 a year · median €2,256 · 210 listings

Community fees €2,316 – €7,800 a year · median €4,308 · 201 listings

These are the averages across ALL houses in Golden Mile that disclose a figure, not this property alone. Where a bill for this one is on file it is shown against that range so you can see where it sits. Bills follow the rateable value and the community budget, so two neighbours can differ; we will get you the actual figures before you commit.

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

Achieved, 29602 · Marbella €5,310/m² 108 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

Positioned within one of Marbella’s most established residential corridors, This opportunity presents a rare opportunity to acquire a cluster of 12 townhouses within a consolidated urbanisation, offering both scale and flexibility for a developer or investor looking to unlock value through completion and repositioning.

Located just above the Golden Mile and within close proximity to Marbella centre, Puerto Banús, and the main coastal infrastructure, the development sits in a well-connected yet residential setting. This is an area that continues to perform consistently due to its accessibility, established community, and proximity to international schools, amenities, and lifestyle destinations.

From an end-user perspective, it appeals to both full-time residents and long-stay international tenants, which is key when considering exit strategy.

The asset itself comprises 12 townhouses, all at varying stages of renovation. One unit was brought close to completion and can effectively serve as a benchmark or show house for the finished product, giving a clear indication of the end value once the remaining units are delivered. The rest of the properties require differing levels of intervention, from partial completion to more substantial remedial works.

From a development standpoint, the opportunity sits in the repositioning. The bones of the project are already in place, but time and exposure have had an impact. Several of the units are experiencing humidity issues, particularly in basement levels, which will need to be addressed properly as part of the refurbishment strategy. In addition, the existing electrical and piping infrastructure presents a technical challenge, as layouts and routing are not clearly documented, meaning a new contractor may need to reassess or partially reinstall systems to ensure compliance and long-term reliability.

That said, these factors are already reflected in the opportunity itself. For the right operator, this is not a ground-up development risk, but rather a value-add completion project where capital and execution can be applied to bring the scheme to market in a relatively short timeframe compared to new build timelines.

Marbella continues to see strong demand for well-finished, mid-to-high-end townhouses in established locations, particularly those offering a balance between space, privacy, and proximity to key lifestyle hubs. Once completed to a cohesive and contemporary standard, the units would be well positioned for either individual resale, bulk exit, or a hybrid rental and sales strategy depending on market conditions at the time of delivery.

The development represents a compelling opportunity for an experienced investor or developer to acquire scale in a prime Marbella location, apply a clear execution strategy, and unlock value through completion and repositioning. The fundamentals of location, product type, and end-user demand are already in place, with the upside driven by delivery and finish.

Strictly by appointment only. Further information, including technical documentation and access, available upon request.