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Ojén · R5216284

Building in Ojén

€480,000Building
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16Bedrooms16Bathrooms443 m²Built area50 m²Terrace
A CLOSER LOOK

Picture yourself here.

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.

Property features

  • Setting - Town
  • Setting - Village
  • Setting - Close To Shops
  • Setting - Close To Town
  • Orientation - South
  • Condition - Renovation Required
  • Condition - Restoration Required
  • Views - Mountain
  • Views - Urban
  • Category - Distressed
  • Category - Investment
  • Category - Off Plan

Details, measurements, price and availability are subject to confirmation. Ask our team to arrange a viewing and check anything important to your purchase.

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Mortgage type

One interest rate for the whole term.

Estimated monthly payment€1,593 / month
Loan amount
€336,000
Total interest
€142,005
Total repayments
€478,005

The starting figures are examples, not current mortgage offers or an indication of the deposit a lender will accept.

Repayments include capital and interest. For variable and mixed examples, future payments and totals assume unchanged Euríbor; they are not forecasts. Taxes, legal costs, lender fees and insurance are excluded. Not a mortgage offer or financial advice.

About these examples

Fixed starts at an illustrative 3.00%. Variable starts at 2.00% for one year, then Euríbor + 0.65%. Mixed starts at 2.70% for four years, then Euríbor + 0.65%. All rates can be changed.

Reference checked 5 November 2026: October 12-month Euríbor 3.239%. These are editable examples, not live bank quotes. Residency, property use and linked products affect actual offers.

Official Euríbor reference · Santander · Openbank · Pibank

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