Sale of townhouse in Estepona
Description
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.
Сharacteristics
Utilities
Electricity
Furniture
Not Furnished
Views
Street
Category
Investment
Setting
Commercial Area, Town, Close To Town, Close To Shops, Close To Schools
Parking
Street
Orientation
North
Condition
Renovation Required
Features
Private Terrace, Fitted Wardrobes, Near Transport, Solarium, WiFi, Utility Room
Kitchen
Fully Fitted
R5182528
Article numberEstepona
Location223 m²
House area11 m²
Terrace5 rooms
Bedrooms3 bathrooms
BathroomsDescription
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.
Сharacteristics
Utilities
Electricity
Furniture
Not Furnished
Views
Street
Category
Investment
Setting
Commercial Area, Town, Close To Town, Close To Shops, Close To Schools
Parking
Street
Orientation
North
Condition
Renovation Required
Features
Private Terrace, Fitted Wardrobes, Near Transport, Solarium, WiFi, Utility Room
Kitchen
Fully Fitted
- Agent
Your personal agent
Consultations on all matters of purchase, rent, investments, legal support, and property viewings. We work directly — without intermediaries
- Similar properties
You may also like
- Contact us
Contacts
Solo Marbella
Phone
+34 951 777 100
Our office
Nueva Campana, 80 Nueva Andalucia 29660 Marbella Málaga, Spain
- Consultation
Choose a convenient communication method
Specify your preferred channel and we will contact you in the way that is most convenient for you: by phone, email, WhatsApp or Telegram.
- SOLO rent a car
Need a car to rent?
While you are choosing a house or spending holidays in Marbella, travel in comfort. Select a car from SOLO rent a car for the dates you need and travel along the coast at your own pace.