Description

Located in the vibrant heart of Marbella on Avenida Jose María Gironella, this unique property offers a rare opportunity for investors seeking high ROI potential. The building, with a substantial 821 sqm footprint on an expansive 1,110 sqm plot, was originally constructed in 1975 and has functioned as the headquarters for a multinational security company for three decades. Boasting compatibility for both residential and dotacional uses—suitable for sport, health, religious, or social activities—this property provides versatile development possibilities. While it requires significant refurbishment with estimated costs around 1 million, the property’s transformation potential is compelling. It could be converted into a lucrative student residence or mid-term rental facility, driven by skyrocketing local demand. Alternatively, the plot’s division allows for the development of two luxurious villas, ideal for tapping into Marbella’s upscale real estate market. This property stands as a prime canvas for innovation, poised to meet diverse investment goals in a rapidly growing area.