Marbella Old Town is small — really small, by international old-town standards — but the property stock is character-laden and the guest profile is distinctly different from the rest of the municipality. Cobbled streets, orange-tree squares, individual restored apartments rather than purpose-built developments. Listings here perform well per night when photographed properly and listed with copy that emphasises atmosphere over amenity counts. The constraint is supply: there isn’t much of it.
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