Marbella, Costa del Sol, Malaga

Parking Garage - Investment Opportunity 65 spaces plus storage units

€ 1.500.000

Description

This freehold garage is more than just parking – it’s a versatile income-generating asset in one of Marbella’s most desirable beachside locations. With strong rental demand, flexible business models, and growth potential, this property is a standout investment opportunity. Cortijo Blano, one of Marbella’s most sought-after beachside locations. Just 550 metres from the beach (7-minute walk), this large underground garage presents a unique opportunity for investors seeking strong returns and versatile use. PROPERTY HIGHLIGHTS - Capacity for 65 cars plus additional storage - Located beneath a private townhouse development in Cortijo Blanco, a prestigious residential area next to San Pedro de Alcántara Independent entrance and Independent exit for easy access - 2 bathrooms on-site - Fire safety system installed - Benefiting from natural light INVESTMENT POTENTIAL - Private Use: Perfect for car collectors looking for a secure space to house a large fleet of luxury or historic vehicles. - Rental Income: Operate as a private parking business by leasing spaces to local residents on a monthly basis. - Public Garage: Convert into a paid public car park to capture demand from beachgoers and nearby businesses. - Storage Solutions: Add storage units to diversify revenue streams and meet the high local demand for storage space. Cortijo Blanco is a well-established residential and lifestyle destination, highly valued for its beachside position, proximity to San Pedro town centre, and easy access to Puerto Banús. Parking and storage are consistently undersupplied in this area, creating sustained high demand and ensuring long-term profitability for this asset.