Townhouse in EsteponaINVESTMENT 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.
Features
Near Transport
Private Terrace
Fitted Wardrobes
Solarium
WiFi
Utility Room
Orientation
North
Views
Street
Setting
Commercial Area
Close To Shops
Close To Town
Close To Schools
Town
Condition
Renovation Required
Furniture
Not Furnished
Kitchen
Fully Fitted
Parking
Street
Utilities
Electricity
Category
Investment
Energy Rating
C
CO2 Emission Rating
C
Community Fees: €0 / monthly
Basura Tax: €0 / annually
IBI Fees: €0 / annually
Highlights
Reference
R5182528
Price
€535,000
Location
Estepona
Area
Málaga
Property Type
Townhouse
Bedrooms
5
Bathrooms
3
Plot Size
0 m2
Built
223 m2
Terrace
11 m2
More Information
"*" indicates required fields
Similar Properties
Estepona Townhouse
3
3
180 m2
50 m2
€420,000
WONDERFUL CORNER TOWNHOUSE WITH SEA VIEWS, LARGE GARDEN, SOLARIUM AND PRIVATE ELEVATOR, ESTEPONA
Beautiful townhouse situated in a peaceful residential area of Estepona, close t ...
Estepona Townhouse
3
3
354 m2
82 m2
€2,500,000
Luxury Beachfront Townhouse in Guadalobón, Estepona with Panoramic Views
Situated in one of the most coveted areas on the western side of Estepona, in the heart of the Costa del S ...
Estepona Townhouse
3
3
206 m2
53 m2
€575,000
Cozy townhouse in the well-established residential complex “Balcones del Seghers”, located in the Puerto de Estepona urbanization (Seghers area), one of the most sought-after areas ...
Estepona Townhouse
3
4
140 m2
20 m2
€520,000
This stunning semi-detached villa is located in a traditional Andalusian development on the New Golden Mile. It is ideally located a short drive from Puerto Banús, with the beach j ...
El Paraiso Townhouse
3
3
170 m2
77 m2
€599,000
Delivery in 2023. AGRA RESIDENCIAL is an exclusive residential of 47 townhouses in the heart of golf on the Costa del Sol, next to El Campanario Golf & Country House
The locatio ...
Estepona Townhouse
2
2
91 m2
19 m2
€450,000
This well-presented two-bedroom townhouse sits in Villacana, a well-known beachfront community with a traditional Andalusian pueblo layout, calm pedestrian pathways, and plenty of ...