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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
€535,000
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

€995,000
Detached Villa

Detached Villa for Sale in Urbanización Forest Hills, Estepona – €995,000

Situated in the peaceful Urbanización Forest Hills, this impressive detached villa offers space, privacy, and beautiful surroundings, all at an excellent price point

Set on a generous 756m² plot with a substantial build size of 486m², the property is distributed over three floors and has been tastefully decorated throughout, creating a warm and elegant atmosphere ready to move into.

The villa features:
5 spacious bedrooms, including 2 en-suite master bedrooms
4 bathrooms
A bright and airy layout
Private swimming pool
Private parking

The ground floor hosts three of the bedrooms, ideal for family living or guests, while one additional bedroom is located upstairs, offering privacy and elevated views and a fifth bedroom in the basement. From the upper level, you can enjoy sea views, while the home primarily benefits from tranquil rural surroundings, providing a sense of space and serenity.

This property perfectly balances countryside charm with coastal living, making it an ideal permanent residence, holiday home, or investment opportunity.

Price: €995,000

5
4
452 m2
1242 m2
€695,000
Apartment

In the heart of Estepona, within the prestigious Estepona Gardens complex (2023), this elegant and bright four-bedroom duplex penthouse is offered for sale. The property is entirely exterior, featuring mountain views and partial sea views.

The home offers 149.59 m² built and 121.27 m² of usable interior space, complemented by a spectacular private rooftop terrace of approximately 60 m², designed to fully embrace the Mediterranean lifestyle. The spacious living room, filled with natural light, opens onto a pleasant terrace, while the open-plan kitchen by Schmidt Kitchens, equipped with top-brand appliances and a Quooker system, perfectly blends design and functionality.

The bedrooms are generous and luminous, with two enjoying direct access to the upper terrace. The bathrooms, fitted with Roca furniture and soft-close sanitaryware, reflect a modern and relaxing style. The upper floor highlights an impressive panoramic terrace featuring a German-made Goriller outdoor kitchen, barbecue area, retractable awnings, automatic irrigation, and solar-powered video surveillance.

The property includes centralized air conditioning/heating, high-quality mosquito screens, and a separate laundry room with natural light. The building, with only eight residents, ensures privacy and tranquility. Communal areas include swimming pools for adults and children, a children’s playground, a calisthenics area, and a social space.

Unbeatable location: just a 12-minute walk to the beach, 8 minutes to the Old Town, and close to schools, supermarkets, and the health center.

The price includes one parking space and a 15 m² storage room, with the option to purchase a second parking space for €25,000.

The community allows tourist rentals, making this property an excellent choice both as a residence and as an investment. The area enjoys strong demand for holiday rentals, with an estimated long-term rental income of approximately €4,200 per month.

In compliance with Andalusian Regional Government Decree 218/2005 of October 11, buyers are informed that notary fees, land registry fees, taxes (ITP, VAT, AJD), and other purchase-related costs are not included in the advertised sale price.
No additional real estate agency fees are charged beyond the published sale price.

4
2
150 m2
150 m2
€1,550,000
Apartment

Fantastic penthouse situated on the beachfront in the town of Estepona, within easy walking distance to all the amenities of the town. This beautiful apartment was xompletely renovated in a contemporary style by the present owner. Offering two bedrooms both with ensuite bathrooms, a living room with panoramic sea views and a fully fitted kitchen, the renovation has been done to a high standard. The jewel of this property is the large roof terrace with a Jacuzzi that offers simply breathtaking views of the sea where Gibraltar and the African coast are easily visible. It should be noted that there is no communal swimming pool or parking in the complex. A host of caés, restaurants and beach bars are all easily accessible from this location which makes it a perfect holiday home.

2
2
203 m2
273 m2