695,000 EUR

Marbella, Malaga

Exclusive Opportunity: Frontline Duplex with Double-Height Ceilings and Panoramic Views – Skol Building, Marbella Center For those who appreciate the allure of Marbella, the Skol Building stands as a beacon of luxury and elegance, perfectly positioned at the vibrant heart of the Promenade (Paseo Marítimo). This duplex is more than just an apartment; it is a distinctive architectural marvel that rarely becomes available, especially with its unique orientation and potential for expansion. A Unique Architectural Design The standout feature of this property is the breathtaking double-height ceiling in the living area, which enhances the sense of space and sophistication. This remarkable architectural element is a rarity in frontline Marbella, creating an atmosphere of volume and grandeur that is hard to match. The floor-to-ceiling windows not only amplify the aesthetic appeal but also flood the interior with natural light, ensuring a warm and welcoming environment throughout the day. From the main floor, step out onto the spacious 7 m² terrace where the stunning Mediterranean coastline unfolds before you. Enjoy direct views of beautifully maintained gardens, shimmering pools, and the dramatic silhouettes of Gibraltar and Africa on the horizon. Elevated on a high floor, this apartment offers both total privacy and spectacular views, providing the perfect backdrop for relaxation or entertaining guests. Layout and Expansion Potential This property offers remarkable versatility, allowing owners or investors to tailor the space to their needs. The main floor features a bright living area seamlessly connected to an open-plan kitchen, designed for enjoying the gentle sea breeze under the impressive double-height ceiling. Ascend to the upper floor, which is currently configured as a spacious mezzanine bedroom with an en-suite bathroom, providing an intimate retreat. The potential for optimization here is significant; due to the building’s innovative structure, there is a clear technical possibility to extend the upper floor flooring, effectively closing off the double-height void. This straightforward conversion would enable the addition of a complete second bedroom, ensuring both rooms maintain those stunning panoramic sea views. Such an enhancement not only maximizes living space but also serves as a strategic investment to significantly elevate the property's market value and rental yield. Lifestyle and Amenities Living at the Skol Building means embracing the quintessential Marbella lifestyle, with direct access to the beach and the iconic Promenade right at your doorstep. The complex boasts a host of exceptional amenities, including 24-hour reception and top-tier security for your peace of mind. Residents can enjoy two large swimming pools set amidst extensive landscaped gardens, creating a serene oasis perfect for relaxation. Additionally, a private poolside bar (chiringuito) within the urbanization enhances the outdoor experience, providing a wonderful place to unwind and socialize. The prime location of the Skol Building places you in close proximity to the city's finest dining establishments and luxury boutiques, with the Marina (Puerto Deportivo) just 100 meters away. While a car is entirely optional, convenient underground parking is available directly across the street for those who prefer to drive. A Secure and Profitable Investment This property represents a high-yield investment opportunity, with estimated gross returns between 8% and 11% annually, fueled by the building's exceptional holiday rental demand, which boasts an impressive average occupancy rate of 80%. Moreover, the community fee of €180/month covers essential utilities, including water and the first 685 kW of electricity, significantly boosting net profit margins for owners. Investing in frontline property in Marbella Center is a secure choice, with historical capital appreciation averaging between 5% and 7% per year. The Skol Building is not just a residence; it is a proven income generator and a hallmark of the Marbella lifestyle. We invite you to experience this property in person to fully appreciate the abundant natural light and the exclusive sense of space afforded by its double-height design. Contact us today to arrange a private viewing and take the first step toward owning this exceptional piece of Marbella real estate.