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Located just steps from Marbella’s charming Old Town, this two-bedroom apartment offers an exciting renovation opportunity in one of the city’s most sought-after areas.
Situated on the 2nd floor of a residential building (without lift), the property features 84 m² of built space, a bright west-facing orientation, and a private covered terrace with pleasant city views. Inside, you’ll find a functional layout with two bedrooms, one bathroom, a separate kitchen, and a spacious living area that opens onto the balcony.
While the apartment requires a complete renovation, it offers incredible potential to create a modern home or a profitable rental investment thanks to its prime location.
The building benefits from low community fees (€24/month) and is surrounded by all amenities — shops, restaurants, schools, public transport, the port, and the beach are all within walking distance.
With the right vision, this property can become a stylish residence in the heart of Marbella, blending urban convenience with the authentic Andalusian charm of the Old Town.
Situated on the 2nd floor of a residential building (without lift), the property features 84 m² of built space, a bright west-facing orientation, and a private covered terrace with pleasant city views. Inside, you’ll find a functional layout with two bedrooms, one bathroom, a separate kitchen, and a spacious living area that opens onto the balcony.
While the apartment requires a complete renovation, it offers incredible potential to create a modern home or a profitable rental investment thanks to its prime location.
The building benefits from low community fees (€24/month) and is surrounded by all amenities — shops, restaurants, schools, public transport, the port, and the beach are all within walking distance.
With the right vision, this property can become a stylish residence in the heart of Marbella, blending urban convenience with the authentic Andalusian charm of the Old Town.
Property Features
- 2 bedrooms
- 1 bathroom
- 84m² Build size
- West orientation
- Amenities near
- Transport near
- Private terrace
- Covered terrace
- Close to sea / beach
- Balcony
- Renovation Needed
- Close to shops
- Close to town
- Close to port
- Close to schools
- Close to restaurants
- City views
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
28,500€
Final Payment of 90% on completion
283,500€
Property Purchase Expenses
Property price
315,000€
Transfer tax 10%
31,500€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.