Building with Great Potential in the Center of Ojén – Unique Investment Opportunity Located in the heart of the picturesque village of Ojén, just 10 minutes from Marbella, this exceptional property offers enormous potential for developing a high-return residential or tourist project. Built in 1958, the building is ideal for a complete renovation or full reconstruction. With the possibility of expanding to a total built area of approximately 1,000 m², the property offers unique versatility to adapt its layout to different types of projects. Depending on the urban planning and architectural design, there is the potential to build up to 16 apartments — perfect for the tourist housing, residential, or holiday rental markets. Set in a privileged location surrounded by services, restaurants, and with easy access to Marbella, this investment combines the charm of the natural environment of the Sierra de las Nieves with the proximity to the dynamism and demand of the Costa del Sol real estate market. Key Features: Entire building with potential for up to 4 floors Year of construction: 1958 Expandable total built area: approx. 1,000 m² Development potential: up to 16 apartments Central location in Ojén, close to all amenities Ideal for developers or investors 15 minutes from Marbella and the beach Opportunity: This building represents an excellent opportunity for visionary investors seeking to ‌take ‌advantage ‌of ‌the real ‌estate ‌boom ‌on the ‌Costa ‌del ‌Sol, ‌offering a ‌high-return project ‌with a ‌low ‌entry ‌cost compared to ‌property ‌prices ‌in ‌Marbella ‌or ‌Estepona.

This exceptional four-storey property offers outstanding versatility, making it an ideal choice for both families seeking spacious, independent living and investors looking to generate attractive rental income. The ground floor features a spacious garage alongside a charming self-contained loft, perfect for holiday rentals, long-term letting, guest accommodation, or a private home office. The first floor comprises a fully independent two-bedroom apartment, providing an excellent opportunity for additional rental income or comfortable accommodation for extended family members. The second floor is dedicated to the main residence, offering three generously sized bedrooms, bright and spacious living areas, and a delightful terrace that enhances the home's natural light and outdoor living experience. The top floor boasts an impressive principal bedroom with direct access to a large private terrace—an ideal space to relax, enjoy the sunshine, or create an exclusive chill-out area with complete privacy. A truly versatile and unique property offering multiple living and investment opportunities, with excellent rental potential thanks to its independent living spaces. Estimated costs payable by the buyer: The purchase is subject to Property Transfer Tax (ITP) (Law 5/2021 on Assigned Taxes), the maximum standard rate of which is 7 per cent. The taxable base will be the higher of the price stated in the deed and the cadastral reference value (Article 10 of the Consolidated Text of the Law on Property Transfer Tax and Judicial Fees). Reduced rates may apply depending on the buyer's personal circumstances. The costs of the notarial deed and registration with the Land Registry are governed by the official fee schedules (Royal Decree 1426/1989) and (Royal Decree 1427/1989) respectively. An indicative estimate is between €500 and €2,000 for notarial fees and between €250 and €1,500 for registration fees. Administrative agency (if engaged voluntarily, fees are unregulated): Estimated cost between €300 and €500. Municipal capital gains tax (IIVTNU) is payable by the seller (Article 104 of the TRLRHL). Estimated total cost to the buyer: €748,000. This estimate is for guidance only and is provided in accordance with ‌Article ‌20.1.c) ‌of ‌the TRLGDCU. ‌The ‌final ‌amount will ‌depend ‌on ‌the ‌specific circumstances ‌of the ‌transaction and ‌the ‌buyer. ‌The estate agent's ‌fees ‌are ‌payable ‌by ‌the ‌seller. 7371-BRF