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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
Gemeinschaftsgebühren
-
Gebühren für die Abfallentsorgung
-
IBI - Grundsteuer
-
energy_rating

Höhepunkte

Referenz
R5182528
Preis
€535,000
Standort
Estepona
Bereich
Costa del Sol
Eigenschaft Typ
Townhouse
Schlafzimmer
5
Bäder
3
Grundstücksgröße
234 m²
Gebaut
223 m²
Terrasse
11 m²

Kontakt Immobilienmakler

Picture of Lois Cuppen

Lois Cuppen

Immobilien-Assistentin

Verwandte Eigenschaften

€1,500,000
Detached Villa

Discover your own piece of paradise on the Costa del Sol with this exclusive, move-in ready villa in the sought-after area of Mijas Costa. This impressive detached property combines Mediterranean charm with modern sustainability and ultimate comfort.
Space, luxury, and versatility
Set on a generous plot of 1,320 m², this villa offers everything you could wish for. With six spacious bedrooms and two inviting living rooms, 3 bathrooms and separate guest toilet, there is ample space for a large family or for hosting guests in style. The second living room features a charming fireplace, creating the perfect setting for cozy evenings during the cooler winter months.
Outdoor living at its finest
The outdoor area is designed to fully enjoy the sunny Andalusian climate all year round. The highlight is the impressive heated swimming pool of approximately 70 m², perfect for relaxation and refreshment in every season.
The spacious rooftop terrace offers panoramic views and is an ideal spot to enjoy a glass of wine at sunset.
Thanks to the automatic irrigation system, the garden remains lush and well-maintained throughout the year with minimal effort.
Sustainable, secure, and comfortable
This villa is fully prepared for the future and offers:
• Energy-efficient living with solar panels
• Enhanced security and privacy with shutters throughout
• Ample parking with a private garage and space for up to six additional cars
• A prime location in desirable Mijas Costa, where property demand remains consistently high
(more pictures on request)

4
4
356 m2
949 m2
€795,000
House

This fully renovated 4-bedroom townhouse offers a comfortable and practical living benefitting from all the amenities in walking distance as well as the beach — including supermarkets, cafés, restaurants, pharmacies, and local services. The beach can be reached on foot in approximately 10 minutes, making it easy to enjoy the coastline without relying on a car.

Families will also benefit from nearby international schools and healthcare facilities, all reachable within a 5–15 minute drive, reinforcing the property’s suitability for year-round living.

Positioned with a west-facing orientation, the home enjoys pleasant afternoon light, creating a warm atmosphere throughout the main living spaces and terraces.

On the ground floor, the open-plan living area connects directly to a generous private terrace, creating an easy transition between indoor and outdoor living. This level also includes a guest toilet and an en-suite bedroom with its own kitchenette, ideal for visitors or stuff.

Upstairs, three en-suite bedrooms provide privacy and comfort for everyday living. The main bedroom includes a bathroom with both a bathtub and walk-in shower, while an additional terrace adds outdoor space for relaxation.

The property is located within a gated residential complex with access to a communal swimming pool, suitable for both adults and children. The setting is quiet and secure, making it a practical choice for both permanent living and holiday use.

For connectivity, the property sits just minutes from the A-7 coastal road, allowing quick access in both directions:

Around 10 minutes to Puerto Banús for shopping, dining, and marina lifestyle
Approximately 15 minutes to Estepona centre, known for its promenade and old town
Around 20 minutes to Marbella centre
Approximately 45–50 minutes to Málaga Airport

Several well-known golf courses are located within a short drive, including El Campanario Golf & Country Club and Atalaya Golf & Country Club, making this an appealing option for golf enthusiasts.

This townhouse represents a solid investment and a comfortable residence in one of southern Spain’s most desirable locations, combining modern living, strong rental potential and a well-connected setting.

4
4.5
160 m2
193 m2
€524,900
Apartment

Exclusive Corner Apartment Frontline to Estepona Marina
This spectacular corner apartment is now for sale, ideally located on the frontline of Estepona Marina, within the well-known Puerto Paraíso Urbanization.
The property boasts a total built area of 150 m², of which 30 m² are spacious terraces—perfect for enjoying open views, abundant natural light, and the privileged Costa del Sol climate.
The apartment features:
2 bedrooms, with the master bedroom en suite
2 full bathrooms
A bright and spacious living room with direct access to the terrace
A fully equipped kitchen
The property has been completely renovated and is sold fully furnished, ready to move in or to start generating rental income immediately.
It also includes a storage room, providing valuable additional space.
Located in a well-maintained and ideally positioned complex, just a short walk from all amenities, restaurants, beaches, and leisure areas.
The property comes with a tourist rental license, making it an excellent opportunity as a permanent residence, holiday home, or high-yield investment.
For more information or to arrange a viewing, please do not hesitate to get in touch.

2
2
150 m2
330 m2