6 Bedrooms Apartment in New Golden Mile Malaga (Costa del Sol)
Reference: ORE-R5414188  PRICE: €999,000
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Property Details
Ref: ORE-R5414188 Country: Spain State or province: Malaga (Costa del Sol) Property location: New Golden Mile Property type: Apartment Build Size: 635m² Number of bedrooms: 6 Number of bathrooms: 6
Property Description
5-Room Penthouse Project with Guest Suites, Established Business & Massive Future Potential  New Golden Mile

A rare opportunity to acquire a highly versatile 5-room penthouse residence together with an established income-generating commercial premises on Marbella's sought-after New Golden Mile. Combining residential accommodation, business potential, extensive private terraces and significant value-add opportunities, this is a unique asset offering flexibility rarely found in today's market.

Positioned within walking distance of the beach and surrounded by established residential communities, villas and amenities, the property enjoys an exceptional location close to Marbella, Puerto Banús, Estepona, golf courses, restaurants, beach clubs and all the attractions of the Costa del Sol lifestyle.

The current layout comprises a highly versatile 5-room private penthouse residence with expansive front and rear terraces that combine to create an exceptional 360-degree wraparound outdoor living environment. Surrounded by mature greenery and enjoying complete privacy, the accommodation currently includes 2 bedrooms, 2 bathrooms, a substantial separate office and 2 independent guest suites.

The office is currently used for storage, and visualizations are available demonstrating its potential transformation. Depending on a buyer's requirements, the space could continue as a private office, studio or workspace, or potentially be incorporated into the main residence to create additional living accommodation, subject to any necessary approvals.

The property also benefits from 2 independent guest suites, each with private shower facilities (potential transformations shown). These versatile spaces create exceptional flexibility for guest accommodation, extended family, staff quarters, short-term rental income or boutique hospitality concepts. They may also offer opportunities for integration into the main residence, creating a significantly larger family home if desired.

One of the property's most compelling features is the flexibility of its existing layout. Whether envisioned as a spacious private residence, multi-generational family home, live-work environment, boutique guest accommodation, hospitality project or income-producing investment, the property offers a rare opportunity to create a highly personalized lifestyle or business concept on the New Golden Mile.

One of the property's standout features is its extensive terrace space. Rarely found in this location, the wraparound terraces provide multiple areas for outdoor dining, entertaining, relaxing and enjoying Marbella's year-round climate. The generous outdoor footprint creates exciting possibilities for enhancement and reconfiguration, whether adding further outdoor living areas, wellness spaces, entertainment zones or other lifestyle features, subject to obtaining any necessary licenses and approvals.

Adding further appeal, the property is sold together with the commercial premises located below, currently operating as an established income-generating business. This provides buyers with the flexibility to continue the existing operation, take over and further develop the business, lease the premises to a third party for rental income, or reconfigure the space for an alternative commercial use, subject to any necessary licenses and approvals.

The combination of a substantial private penthouse residence above and commercial premises below creates a rare live-work opportunity that is increasingly difficult to find on the Costa del Sol. Whether seeking a lifestyle business, hospitality concept, investment property, owner-operated venture or a combination of personal use and income generation, the flexibility of the asset allows a wide variety of future possibilities.

While certain areas would benefit from refurbishment and modernization, the property presents a genuine opportunity to create something special. Few properties on the Costa del Sol offer the opportunity to combine a substantial private residence, guest accommodation, established commercial income and future development potential within walking distance of the beach.

Features

 Private 5-room penthouse residence
 2 bedrooms
 2 bathrooms
 Large separate office
 2 independent guest suites with private shower facilities
 Exceptional 360° wraparound terraces
 Front and rear outdoor living spaces
 Walking distance to the beach
 Established income-generating commercial premises included
 Live-work opportunity
 Excellent privacy
 Parking directly outside
 Renovation and value-add potential
 Multiple future use possibilities
 New Golden Mile location
 Close to Marbella, Puerto Banús and Estepona
Some images have been professionally staged to illustrate the lifestyle and design potential of the property.
Features
  • Setting - Town
  • Setting - Suburban
  • Setting - Commercial Area
  • Setting - Village
  • Setting - Close To Golf
  • Setting - Close To Shops
  • Setting - Close To Sea
  • Setting - Close To Town
  • Setting - Close To Schools
  • Setting - Close To Forest
  • Orientation - South
  • Condition - Good
  • Condition - Fair
  • Condition - Recently Renovated
  • Condition - Recently Refurbished
  • Condition - Restoration Required
  • Pool - Room For Pool
  • Climate Control - Air Conditioning
  • Climate Control - Hot A/C
  • Climate Control - Cold A/C
  • Climate Control - Fireplace
  • Views - Country
  • Views - Courtyard
  • Views - Urban
  • Views - Forest
  • Views - Street
  • Features - Fitted Wardrobes
  • Features - Near Transport
  • Features - Private Terrace
  • Features - Solarium
  • Features - Satellite TV
  • Features - WiFi
  • Features - Games Room
  • Features - Guest Apartment
  • Features - Guest House
  • Features - Storage Room
  • Features - Utility Room
  • Features - Ensuite Bathroom
  • Features - Wood Flooring
  • Features - Marble Flooring
  • Features - Bar
  • Features - Barbeque
  • Features - 24 Hour Reception
  • Features - Restaurant On Site
  • Features - Day Care
  • Features - Near Mosque
  • Features - Staff Accommodation
  • Features - Near Church
  • Furniture - Fully Furnished
  • Furniture - Optional
  • Kitchen - Fully Fitted
  • Kitchen - Kitchen-Lounge
  • Garden - Private
  • Security - Gated Complex
  • Security - Electric Blinds
  • Security - Entry Phone
  • Security - Alarm System
  • Security - Safe
  • Parking - Open
  • Parking - Street
  • Utilities - Electricity
  • Utilities - Drinkable Water
  • Utilities - Telephone
  • Category - Bargain
  • Category - Holiday Homes
  • Category - Investment
  • Category - Off Plan
  • Category - Resale

Amenities

Disclaimer: Many people looking to purchase property on the Costa del Sol, do find the system of multi-listing confusing, and often find themselves visiting the same property several times, with different estate agents. Often the agents themselves have never visited the property and so this can often result in a lot of wasted time for the prospective purchaser.

Omni Real Estate give notice that: the information contained within this website is prepared for the convenience of any potential purchaser or tenant and although they are believed to be correct at the time of publishing, their accuracy is not guaranteed and any error, omission or inaccurate description shall not be grounds on which compensation may be claimed neither do they constitute part of a contract. Any intending purchaser or tenant must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. Photographs on this website depict models and building features which are provided to give a general impression of this development but are not always to imply the actual unit for sale.