Description

INVESTMENT OPPORTUNITY – TOWNHOUSE WITH POTENTIAL FOR 4 APARTMENTS IN ESTEPONA

This unique townhouse in Estepona presents an exceptional investment opportunity. The Townhouse is available at a reduced price due to special conditions: a 92-year-old owner retains a lifetime usufruct on the ground floor, where she currently resides. This arrangement allows buyers to refurbish and exploit the upper floor immediately.

The townhouse boasts a plot size of 121 m² and a total construction area of 223 m² across two floors. The rooftop, also measuring 121 m², has the potential to be transformed into a stunning solarium or communal area, perfect for enjoying Estepona’s warm climate.

Currently, the ground floor is old but habitable and occupied. The upper floor, however, is available for renovation and can be conveniently divided into two separate apartments, maximising rental income potential. With the right improvements, this townhouse can be reorganised into four independent apartments, catering to the strong demand in Estepona.

Located in the heart of Estepona, the Townhouse is just a short stroll from La Rada beach and the charming Old Town. This prime location is surrounded by an array of shops, restaurants, and leisure services, making it perfect for both long-term residents and holiday rentals.

Investors will benefit from a reduced price due to the partial usufruct arrangement. The upper floor offers immediate rental potential, while the single deed ensures straightforward Townhouse tax obligations. The spacious rooftop further enhances the investment, providing an ideal outdoor space for communal use or relaxation.

Estepona enjoys over 300 days of sunshine annually, making the rooftop an inviting area for outdoor living. This townhouse represents a rare opportunity to acquire a Townhouse with immediate income potential and significant medium-term capital appreciation. Don’t miss out on this exceptional investment in one of the most sought-after areas on the Costa del Sol.