Apartment for sale in Marbella, Málaga

Discover an extraordinary opportunity to acquire a vast estate in one of the most prestigious locations on Marbella's renowned Golden Mile. This property offers unparalleled potential for transformation, whether as a luxurious private villa, a boutique hospitality destination, or a significant long-term investment opportunity as, pending approval of the new General Plan (PGOU), the estate will acquire the land classification that can allow the possibility for development into up to seven individual villas, each with an 800m² plot. Built in the 1960s, this historic estate in its prime exuded timeless charm and significance. Once the residence of Royal Princess Soraya of Iran, it became famous for hosting illustrious garden parties attended by international dignitaries, celebrities, and socialites. The property’s decadent interiors reflected the glamour and sophistication of Marbella’s golden era in the 60s and 70s, creating an atmosphere steeped in heritage and elegance. Although the property is currently in a state of considerable disrepair, it provides a blank canvas for creative restoration and redevelopment. Enclosed within high walls, the estate is designed around a generous central courtyard, offering ample parking for up to 10 vehicles. The main residence features a grand entrance hall, formal reception rooms, a spacious kitchen, a guest WC, and five bedroom suites spread over the entrance level and a lower level. The reception area leads to a dramatic terrace, overlooking a vast swimming pool surrounded by lush gardens. Adjacent to the pool lies a dedicated party pavilion complete with a kitchen, making it ideal for hosting events. Adding to the estate’s appeal is a separate three-bedroom staff cottage, ensuring convenience and privacy for future guests or staff. Beyond the cottage lies a gently sloping expanse of gardens and land, perfect for additional development or landscaping. One of the estate’s standout features is an enchanting, elongated walkway flanked by fruit tree orchards. This path culminates in a breathtaking private chapel, distinguished by its exquisite domed ceiling, offering a serene retreat within the property. The estate is further enriched by its mature gardens, home to an array of rare and exotic trees sourced from around the globe. Toward the western side, the landscape takes on a park-like ambiance, blending natural beauty with a sense of grandeur. This property represents a rare chance to own a piece of Marbella’s history in a highly sought-after location. Its proximity to Marbella’s vibrant social scene, fine dining establishments, and pristine beaches enhances its desirability. Whether restored as an opulent private residence, transformed into a country club, boutique hotel, or restaurant, or developed into a community of luxury villas, the possibilities are endless. The Golden Mile is synonymous with exclusivity, and this estate stands out as a unique opportunity ito breathe new life into a magnificent estate in this prime location. Don’t miss this chance to make your mark on one of Marbella’s most iconic properties.

Apartment for sale in Marbella, Málaga

Detached house in Las Lomas de Río Verde, Marbella

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