Back to HomeTownhouse in Estepona, Costa del Sol, Spain
Costa del Sol, Spain
€ 552.000
5
3
223 m2
11 m2
Kohteen tiedot
Asunnon ID
R5182528
Sijainti
Estepona
Alue
Costa del Sol
Maa
Spain
Asunnon tyyppi
Townhouse
Ominaisuudet
- Setting Town, Commercial Area, Close To Shops, Close To Town, Close To Schools
- Orientation North
- Condition Renovation Required
- Views Street
- Ominaisuudet Fitted Wardrobes, Near Transport, Private Terrace, Solarium, WiFi, Utility Room
- Furniture Not Furnished
- Kitchen Fully Fitted
- Parking Street
- Utilities Electricity
- Category Investment
Kuvaus
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.
Mukavuudet
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