Estepona Residential Plot R5419285

Unique Investment Opportunity in Estepona's Old Town

Nestled just a stone's throw from the Town Hall in one of the most iconic districts of the Old Town, this exceptional investment opportunity awaits savvy investors and developers. The Residential Plot spans 514 m² and offers remarkable potential for development, making it a prime candidate for a transformative project.

The current Residential Plot comprises an older house set on a generous plot, with the potential for significant expansion. With permission to construct a ground floor plus four upper floors (G+4), there’s ample opportunity to maximise the use of the land.

The buildability allows for 100% occupancy on the ground floor, with the first floor accommodating between 70-90% and subsequent floors at 70%.

Located in a vibrant area close to essential amenities such as shops and schools, this plot is ideally suited for the development of residential units or tourist apartments. The bustling streets of Estepona provide a lively lifestyle, with an array of restaurants, cafes, and cultural attractions just minutes away, enhancing the appeal for potential residents or guests.

The Residential Plot is currently in need of restoration, presenting a blank canvas for visionary developers to bring their ideas to life. With utilities such as electricity and drinkable water already available, the groundwork is laid for a high-value residential project that could transform the area.

For further insights into the urban planning regulations and development opportunities available, please do not hesitate to get in touch. This is an extraordinary chance to invest in a sought-after location on the Costa del Sol, where the allure of the Old Town meets modern living.