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Townhouse in Estepona

INVESTMENT OPPORTUNITY – HOUSE WITH POTENTIAL FOR 4 APARTMENTS IN ESTEPONA

Property for sale at a reduced price due to special conditions: the owner, 92 years old and in delicate health, retains a lifetime usufruct only on the ground floor, where she currently resides.

This allows buyers to refurbish and exploit the upper floor immediately, with the possibility of converting it into two independent apartments, while securing full availability of the ground floor in the future.

Surface:

Plot: 121 m²

Construction: 223 m² distributed over two floors

Rooftop: 121 m², with potential to create a solarium, communal area

Current state:

Ground floor (usufruct): old but habitable property, currently occupied

Upper floor (available): requires renovation, with potential to be divided into two apartments

Development potential:
The property, with a single deed, can be reorganized into up to 4 independent apartments (two on the ground floor and two on the upper floor).
Estimated rental income: at least €1,100/month per apartment → more than €4,000/month once the project is completed.

Prime location:
Located in the heart of Estepona, just a few minutes’ walk from La Rada beach and the Old Town, surrounded by shops, restaurants, services and leisure. One of the most sought-after areas of the Costa del Sol, ideal for both long-term and holiday rentals. With over 300 days of sunshine per year, the rooftop becomes the perfect outdoor living space.

Investor advantages:

Reduced price thanks to partial usufruct

Immediate rental potential by refurbishing the upper floor

Single deed and single property tax (IBI)

Spacious rooftop for communal or leisure ‌use

Strong ‌demand ‌in ‌Estepona ‌centre

Conclusion:
A unique ‌property, partly under ‌usufruct ‌but partly ‌free ‌to exploit today. An ‌excellent ‌opportunity for ‌investors seeking ‌immediate ‌income ‌and ‌strong ‌medium-term ‌capital ‌appreciation.

Setting

  • Town
  • Commercial Area
  • Close To Shops
  • Close To Town
  • Close To Schools

Orientation

  • North

Condition

  • Renovation Required

Views

  • Street

Features

  • Fitted Wardrobes
  • Near Transport
  • Private Terrace
  • Solarium
  • WiFi
  • Utility Room

Furniture

  • Not Furnished

Kitchen

  • Fully Fitted

Parking

  • Street

Utilities

  • Electricity

Category

  • Investment
Gemeenschapskosten
-
Vergoedingen voor afvalverwijdering
-
IBI - Belasting op Woning
-
energy_rating

Hoogtepunten

Referentie
R5182528
Prijs
€552,000
Locatie
Estepona
regios
Costa del Sol
Type Woning
Townhouse
Slaapkamers
5
Badkamers
3
Perceelgrootte
234 m²
Gebouwd
223 m²
Terras
11 m²

Contact makelaar

Picture of Lois Cuppen

Lois Cuppen

Assistent onroerend goed

Verwante Woningen

€847,000
Apartment

New Development: Prices from €847,000 to €963,991. [Bedrooms: 3 – 4] [Bathrooms: 2 – 3] [Built size: 194m2 – 225m2].
Experience mindful living with stunning sea views, perfectly balancing activity and relaxation. This urban resort is only 800m from Estepona’s charming town center and ideally located between Marbella and Sotogrande, offering breathtaking views of the Mediterranean, Africa, and Gibraltar.

The community features elegant architecture, tropical gardens, and organic materials, creating a serene and unique environment. Sustainability is a priority, with rainwater collection, LED lighting, and solar panels.

Spread over 28 hectares, the gated urbanization offers 24-hour security, surveillance cameras, and concierge service. Residents enjoy a solar-heated central pool with year-round restaurant, a 2,600m² sports area, a 1,000m² Reebok ‌gym, ‌and ‌a ‌southern ‌infinity pool ‌with panoramic sea ‌views.

Additional ‌amenities include ‌electric ‌bikes, buggies, a children’s ‌play ‌area, and a holiday ‌rental ‌service ‌for ‌owners ‌seeking ‌investment ‌opportunities.

3 - 4
2 - 3
194 - 225 m2
0 m2
€1,200,000
House

Tucked away in the enchanting Old Town of Estepona, along picturesque cobblestone streets and overlooking a charming plaza, this exceptional corner townhouse is a brand-new construction, currently being built and designed to the highest standards of craftsmanship, comfort, and contemporary architecture.

Upon completion, the property will offer a bright and airy open-plan living space on the entrance level, thoughtfully designed to create a seamless flow between the lounge and dining area. This floor will also feature a stylish guest toilet, combining practicality with refined finishes.

An elegant staircase will lead to the first floor, where three beautifully appointed bedrooms and two sophisticated bathrooms will provide both comfort and privacy. Every detail of the home has been carefully planned to ensure a harmonious blend of modern living and timeless character, perfectly integrated into its historic surroundings.

The crowning jewel of the property will be the spectacular rooftop terrace — a private sanctuary designed for relaxation and entertaining. Here, you will be able to unwind beside your private pool, host unforgettable al fresco dinners, and enjoy captivating views over the traditional rooftops toward the surrounding mountains.

For added convenience, there is the possibility to install a lift, enhancing accessibility and long-term comfort.

With its truly unbeatable location in the heart of the Old Town, just a short stroll from the beach, ‌everyday ‌amenities, ‌charming ‌boutiques, ‌and an ‌exceptional selection of ‌restaurants, ‌this is ‌a ‌rare opportunity to own ‌a ‌contemporary home in one ‌of ‌Estepona’s ‌most ‌authentic ‌and ‌sought-after ‌settings.

3
2.5
260 m2
440 m2
€665,000
Apartment

Located on the seafront, on the exclusive El Velerín beach (Estepona), home to exclusive sea-view residential developments.

This beautiful, sunny and spacious property is just a 4-minute walk from Estepona

The property comprises 118m² and a 12m² terrace with lovely views of the community’s landscaped gardens and swimming pool. It also features a dedicated outdoor parking area for residents and an underground car park beneath the block.

The kitchen is fully fitted and has a separate utility room.

Very spacious living room with a built-in fireplace and access to the terrace, giving the home enviable light and brightness.

The master bedroom has an en-suite bathroom with a shower, whilst the shared bathroom has a bath. The bedrooms are very spacious and sunny, so they are very bright, and feature fitted wardrobes in both the single and double bedrooms.

The property has air conditioning in every room, 2 private ‌parking ‌areas, ‌beautiful ‌landscaped ‌gardens and ‌a communal swimming ‌pool.

Just ‌3 minutes ‌from ‌Selwo Adventure Park, Hospiten ‌Private ‌Hospital, restaurants, petrol stations ‌and ‌other ‌amenities.

Translated ‌with ‌DeepL.com ‌(free ‌version)

3
2
130 m2
140 m2