Description

Discover an exceptional investment opportunity in the heart of Marbella’s Old Town—a property teeming with potential in one of Spain’s most celebrated tourist destinations. This building has been run successfully as Hostal La Pilarica, boasting an impressive 8.7 rating on Booking, and presents versatile profitability options.

Located merely 300 meters from the beach, and surrounded by the dynamic lifestyle of Marbella’s bars and restaurants, the hostel offers 24 cozy, air-conditioned rooms equipped with modern amenities like private bathrooms and TVs. Guests enjoy a 24-hour reception and free WiFi access. Additional conveniences, such as in-house vending machines, all contribute to an outstanding guest experience.

Further enhancing its appeal, the property features three independent apartments with kitchens, living rooms, terraces, and accommodations for up to six people—perfect for holiday rental. Additionally, there’s a private 4-bedroom residence with a spacious patio, ideal for personal use or long-term rental.

Spanning a total surface area of 918 m² plus a 100 m² solarium terrace, the structure includes solar panels for sustainable and efficient energy use.

Secure this €3,999,000 property and invest not only in a proven business model but also in the thriving lifestyle and continuous tourist draw of Marbella. Contact us to arrange a visit to this iconic Spanish locale.