Apartment Complex in San Pedro de Alcántara, Costa del Sol
€1,680,000 For Sale
Parking
Yes
Original Price
€1490000
INVESTMENT OPPORTUNITY WITH APPROVED TOURISTIC & COMMERCIAL PROJECT IN SAN PEDRO DE ALCÁNTARA, MARBELLA
Located in the consolidated and dynamic area of the boulevard of San Pedro de Alcántara, within walking distance to the beach and the town centre, this property represents an excellent investment opportunity in one of the fastest-growing areas of the Costa del Sol.
The asset consists of a large surface within one floor of the building, with a clearly defined transformation project supported by favourable technical reports, which contemplates the development of approximately 11 tourist apartments together with an area designated for commercial use.
⸻
PROJECT STATUS AND LEGAL POSITION
The property benefits from favourable technical and tourism reports, including:
* Approved classification as tourist apartments
* Project compliant with current urban planning regulations
* Hotel use compatible with the urban planning classification
* Approximate surface of 652 m² allocated to hotel use
* Located on urban land with MC-1 zoning (residential with compatible uses)
⸻
URBAN PLANNING CONFIGURATION
The asset is divided into two clearly differentiated areas from an urban planning perspective:
On one hand, an area classified as MC-1, where hotel use is compatible and permitted. This area allows the development of the tourist accommodation project in line with the approved scheme.
On the other hand, an area classified as PJ (public space, roads and green areas), where hotel or residential use is currently not permitted. This section must remain for commercial use, with an approximate surface of 250 m².
Within this commercial use, there is the possibility to develop various types of activities, including concepts related to health, wellness or services, such as a private clinic, always subject to applicable regulations and the corresponding licences.
This configuration enables the development of a mixed-use investment model, combining tourist and commercial uses within the same asset.
⸻
KEY INVESTMENT ADVANTAGES
The project already benefits from technical and tourism validation, significantly reducing development uncertainty.
There is real short-term development potential, subject to the processing of the execution project and corresponding licences.
The location shows strong demand for both short-term and mid-term rentals.
Being part of an existing building avoids new construction processes and facilitates execution.
The property benefits from available parking capacity within the building.
⸻
LOCATION
Just 5 minutes from Puerto Banús, 10 minutes from Marbella town centre and 35 minutes from Málaga Airport, the property enjoys a strategic location with excellent connectivity and strong growth potential.
⸻
INVESTMENT CONCEPT
A unique opportunity to develop a hybrid asset combining tourist and commercial use, supported by favourable reports and located in one of Marbella’s most promising areas.
⸻
NOTA BENE
According to information provided by the owner, the future urban planning framework (new POU) is expected to reclassify the entire asset as MC-1. Under this scenario, the area currently designated for commercial use could potentially be converted into tourist use, allowing the development of a full project of approximately 14 apartments.
This information is subject to the final approval of the corresponding urban planning regulations
Located in the consolidated and dynamic area of the boulevard of San Pedro de Alcántara, within walking distance to the beach and the town centre, this property represents an excellent investment opportunity in one of the fastest-growing areas of the Costa del Sol.
The asset consists of a large surface within one floor of the building, with a clearly defined transformation project supported by favourable technical reports, which contemplates the development of approximately 11 tourist apartments together with an area designated for commercial use.
⸻
PROJECT STATUS AND LEGAL POSITION
The property benefits from favourable technical and tourism reports, including:
* Approved classification as tourist apartments
* Project compliant with current urban planning regulations
* Hotel use compatible with the urban planning classification
* Approximate surface of 652 m² allocated to hotel use
* Located on urban land with MC-1 zoning (residential with compatible uses)
⸻
URBAN PLANNING CONFIGURATION
The asset is divided into two clearly differentiated areas from an urban planning perspective:
On one hand, an area classified as MC-1, where hotel use is compatible and permitted. This area allows the development of the tourist accommodation project in line with the approved scheme.
On the other hand, an area classified as PJ (public space, roads and green areas), where hotel or residential use is currently not permitted. This section must remain for commercial use, with an approximate surface of 250 m².
Within this commercial use, there is the possibility to develop various types of activities, including concepts related to health, wellness or services, such as a private clinic, always subject to applicable regulations and the corresponding licences.
This configuration enables the development of a mixed-use investment model, combining tourist and commercial uses within the same asset.
⸻
KEY INVESTMENT ADVANTAGES
The project already benefits from technical and tourism validation, significantly reducing development uncertainty.
There is real short-term development potential, subject to the processing of the execution project and corresponding licences.
The location shows strong demand for both short-term and mid-term rentals.
Being part of an existing building avoids new construction processes and facilitates execution.
The property benefits from available parking capacity within the building.
⸻
LOCATION
Just 5 minutes from Puerto Banús, 10 minutes from Marbella town centre and 35 minutes from Málaga Airport, the property enjoys a strategic location with excellent connectivity and strong growth potential.
⸻
INVESTMENT CONCEPT
A unique opportunity to develop a hybrid asset combining tourist and commercial use, supported by favourable reports and located in one of Marbella’s most promising areas.
⸻
NOTA BENE
According to information provided by the owner, the future urban planning framework (new POU) is expected to reclassify the entire asset as MC-1. Under this scenario, the area currently designated for commercial use could potentially be converted into tourist use, allowing the development of a full project of approximately 14 apartments.
This information is subject to the final approval of the corresponding urban planning regulations
Contact
Setting
Commercial Area
Village
Close To Port
Close To Shops
Close To Schools
Orientation
South
Parking
Underground
Garage
Category
Investment