Commercial Premise for sale in Marbella

APEX05440207
4 Beds
4 Baths
Built: 385 m²

CASA BALATA

A Timeless Legacy:

An exclusive property with exceptional investment potential in Marbella\'s historic Old Town

Nestled in a quiet cul-de-sac within one of the most desirable areas of Marbella\'s Historic Old Town, this property offers a truly unique setting. Here, the tranquil silence perfectly blends with authentic Andalusian charm—characterized by picturesque streets of whitewashed houses, steps away from vibrant local cafes and restaurants.

On the rooftop, the property transforms into a small, private oasis. Featuring a lounge area and a plunge pool, the terrace is perfectly designed to enjoy Andalucia's exceptional climate and warm, balmy nights all year round. It also boasts rare, breathtaking views stretching across the mountains, the town, and the historic castle "La Alcazaba" (declared a Heritage Site of Cultural Interest in 1949).

This versatile property represents an ideal investment opportunity. It is perfectly suited for a boutique hotel, a charming aparthotel, or to serve as a luxurious primary or secondary residence for a large family seeking an unparalleled quality of life.

Held by the same prominent local family for generations, the building underwent a meticulous, top-tier reconstruction in 2016. By artfully preserving original structural elements, the property retains its invaluable cultural certification and soul, while offering the pinnacle of 21st-century luxury.

This is more than just a property; it is a piece of Marbella's living history, tastefully blended with the modern construction technique and sophistication just by Marbella Castle.

The Property at a Glance

Location: Prime center of Marbella\'s Old Town—surrounded by vibrant bougainvillea, boutique shopping, and gourmet dining.

Composition: Four independent luxury studios/suites plus a premium commercial space on the ground floor (formerly a successful restaurant).

Two studios of 30 m2 and two of 60 m2. All have small balconies, Spanish-style balconies, totaling 12. 100m2 roof-top terraces with views of the mountains, the city, and the castle. It also has a plunge pool. The entrance level, entrance hall/reception area, and utility room comprise 30 m2.

There is the possibility of creating three more studios by also utilizing the commercial space.

Year of Reconstruction:

Built to the absolute highest European construction standards

Technology & Security

Fully integrated, advanced home automation (Smart home system) and state-of-the-art security systems throughout.

A Historic Connection and a nod to Marbella\'s Golden Age

Features some exclusive, curated pieces of furniture sourced directly from the legendary Marbella Club, owing to the family's deeply rooted involvement with the iconic resort since its grand inauguration. These elements inject an unmatched sense of quiet luxury, Old-World glamour, and authentic local history into the spaces.

A Perfect Fusion of Heritage and Innovation

Every inch of this property whispers sophistication. The 2016 rebuild spared no expense, implementing advanced climate control, acoustic insulation, and high-end finishes while honoring the building\'s Andalusian heritage.

The Residences

Four beautifully appointed Suites/ studioapartments offer bright, airy living spaces, contemporary kitchens, and elegant bedrooms. Flooded with natural light, they provide a peaceful sanctuary from the bustling town below.

The Commercial Space

The ground level features a thriving restaurant space, boasting high foot traffic and an enchanting entrance that captures the romance of Old Town Marbella.

Endless Possibilities & Investment Potential

This versatile estate offers a rare flexibility, adapts to your vision, and presents multiple lucrative pathways:

The Ultimate Boutique Hotel: Transform the building into a bespoke luxury boutique hotel. The ground-floor premises serve as the perfect reception and signature restaurant, while the upper levels host guests seeking an authentic, upscale Marbella experience.

High-Yield Rental Portfolio: Capitalize on Marbella\'s booming luxury tourism market by renting out the four premium apartments individually alongside a steady commercial lease from the restaurant.

A Generational Family Estate: Return the property to its roots as a grand family compound, catering to multiple generations under one roof while retaining an enviable private retreat in the center of the Costa del Sol.

Value-Add Expansion Opportunity: The commercial premises offer the structural flexibility to be converted into three additional small studio apartments, maximizing your residential inventory and rental yield.

Experience the Soul of Marbella

Opportunities to own a historic property built to flawless modern standards in Marbella\'s Old Town are exceptionally rare.

Whether you are looking to secure a prestigious family legacy or launch a flagship hospitality venture, this property stands as a monument to the very best Marbella has to offer.

Estimated costs to be borne by the buyer: The sale is subject to Property Transfer Tax (ITP) (Law 5/2021 on Assigned Taxes), with a maximum standard rate of 7 per cent. The taxable base will be the higher of the price stated in the deed and the cadastral reference value (Article 10 of the TRLITPAJD). Reduced rates may apply depending on the buyer's personal circumstances. Notary and Land Registry fees are governed by the official fee scales (Royal Decree 1426/1989 and Royal Decree 1427/1989, respectively). Estimated cost: between €2,800 and €3,300 for notary fees and between €1,200 and €1,800 for Land Registry fees. Administrative agency fees (if engaged on a voluntary basis) are not regulated and are estimated at between €300 and €500. The municipal capital gains tax (IIVTNU) is payable by the ‌seller ‌(Article ‌104 ‌of ‌the TRLRHL).

The final amount will ‌depend on ‌the ‌specific circumstances ‌of ‌the ‌transaction ‌and ‌the ‌buyer. Brokerage fees ‌are ‌borne ‌by ‌the ‌seller. ‌ACH

Details

Air Conditioning Climate Control
Central Heating Climate Control
Drinkable Water Utilities
Excellent Condition
Fully Fitted Kitchen
Fully Furnished Furniture
Jacuzzi
Solarium
South Orientation
Wood Flooring

Apex Marbella Revolutionises Property Search with Its New Website

Marbella, January 2025 – Apex Marbella, one of the most established real estate agencies on the Costa del Sol, is proud to announce the launch of its revamped website, designed to provide clients with an even smoother, more intuitive, and personalised property search experience. With this update, Apex Marbella reaffirms its commitment to delivering exceptional service, making the process of finding the home of your dreams on the Costa del Sol easier and more enjoyable than ever before. Additionally, in order to align our brand and provide clarity to our clients, our website is now called apexmarbella.com , formerly known as Apex Marbella Property. This change aims to facilitate the recognition of our agency across all platforms and social media, ensuring our clients can easily find us without confusion. A Modern, User-Friendly Design for Effortless Property Search The new Apex Marbella website features a sleek, modern design with a focus on user experience. Whether you are looking for a luxury villa in Marbella, an elegant apartment in Estepona, or an exclusive property in La Cala de Mijas, the new website guarantees an enhanced, seamless browsing experience. Its intuitive interface allows users to filter properties according to their preferences, including location, price, property type, and more, enabling them to quickly find their perfect home. One of the standout features of the new website is its advanced search functionality. Users can fine-tune their search with precision, ensuring they are only shown the most relevant properties based on their needs. Whether clients are searching for properties in specific areas such as Marbella or Mijas, or features like a pool, sea views, or proximity to golf courses, the site’s filtering options make the process easier than ever. The website’s design reflects the elegance of the Costa del Sol, with high-quality images that capture the beauty of the region and the properties Apex Marbella offers. Each listing includes detailed descriptions, floor plans, and essential information such as property size, amenities, and price, helping potential buyers make informed decisions. Discover a Range of Luxury Properties Apex Marbella is known for its portfolio of luxury properties in the most sought-after locations on the Costa del Sol. From contemporary villas in the hills of Mijas to beachfront apartments in Estepona, the agency offers a wide range of properties for all tastes and budgets. Whether you’re looking for a permanent residence, a holiday home, or an investment property, Apex Marbella provides some of the best real estate options along the coast. The new website allows users to explore properties that perfectly match their requirements, whether it's a spacious family villa, a modern apartment with panoramic views, or a charming townhouse near the beach. Each property has been carefully selected to ensure it meets the highest standards of quality and design, making Apex Marbella a trusted partner in your property search. Interactive Features to Enhance Your Experience One of the key improvements on the website is the introduction of the "Favourites" feature. This allows users to save properties they are most interested in, creating a personalised collection they can return to at any time. This option is ideal for those comparing several homes or simply wanting to keep track of their favourite listings for later consultation. In addition to the favourites section, the website is fully responsive, meaning it works perfectly on all devices, whether desktop, tablet, or smartphone. This flexibility allows clients to access listings and property information on the go, making the search for the perfect home even more convenient. Easy Connection with Our Team of Experts At Apex Marbella, we understand that buying a property is an important decision, and our team is dedicated to providing expert guidance throughout the entire process. The revamped website makes it easier than ever to get in touch with our team of professionals, who are ready to assist with all aspects of your property search. “ At Apex Marbella, we are constantly striving to provide high-quality service to our clients. We know that finding the perfect home can be a complex process, which is why with this update, we aim to make the experience more efficient and enjoyable, ” comments Sergio Belisari, CEO of Apex Marbella. Website visitors can easily contact our agents through multiple options, including email and phone. Our experienced team is available to provide advice, answer questions, and offer tailored recommendations based on your preferences and needs. Whether you need more information on a specific property, assistance with financing options, or want to schedule a viewing, our team is just a click away. For immediate inquiries, you can contact us directly by calling 685 450 818 . Alternatively, you can email us at office@apexmarbella.com , and we will respond as quickly as possible. Why Choose Apex Marbella? Apex Marbella has built a reputation for excellence in the Costa del Sol real estate market. With over 16 years of experience, the agency has developed in-depth local knowledge that allows it to provide clients with a comprehensive understanding of the area and the properties available. Whether you’re looking for a new build in Mijas, a luxurious beachfront property in Marbella, or an investment opportunity in Estepona, Apex Marbella is your trusted partner for all things real estate on the Costa del Sol. What sets Apex Marbella apart is its commitment to customer service. The team takes a personalised approach with every client, ensuring that their specific requirements are met and that their property search is as stress-free as possible. From the initial consultation to the final property transaction, Apex Marbella agents are there to provide expert advice and guidance every step of the way. Start Today Whether you are ready to find your dream home or simply want to explore available options, we invite you to visit our new website today. With its easy-to-navigate design, powerful search tools, and comprehensive property listings, Apex Marbella is here to help you find the perfect property on the Costa del Sol. For more information or to begin your property search, visit www.apexmarbella.com , call us on 685 450 818 , or email us at office@apexmarbella.com . Our team is ready and eager to help you find the ideal property in one of Spain’s most desirable locations. About Apex Marbella Apex Marbella is a leading real estate agency specialising in properties on the Costa del Sol. With a reputation for excellence and over 16 years of experience, the agency offers a wide range of luxury properties for sale, including villas, apartments, and investment opportunities. Apex Marbella is committed to providing a personalised, high-quality service to clients, ensuring that every property search is successful and enjoyable.

Discovering Marbella

Where Luxury Meets Tradition Marbella stands as a symbol of sophistication and allure on the Costa del Sol. Nestled between the sparkling Mediterranean Sea and the majestic Sierra Blanca mountains, this iconic gem combines glamour, tradition, and natural beauty. From its sun-drenched beaches to the charming cobbled streets of its historic Old Town, Marbella offers an unparalleled lifestyle. Whether you’re seeking a vibrant social scene, a peaceful retreat, or a sound investment, Marbella promises an exclusive and unforgettable experience.