Middle Floor Apartment in Estepona

Middle Floor Apartment in Estepona

€585,000
  • 6 bed
  • 3 bath
  • 224 m² built
Beds
6
Baths
3
Built
224m²
Terrace
14m²
The property

About This Apartment

A RARE SINGLE-LEVEL PENTHOUSE IN CENTRAL ESTEPONA: A LARGE FAMILY HOME, TWO SEPARATE RESIDENCES, OR A STRONG LONG-TERM RENTAL INVESTMENT!!!

Right in the centre of Estepona, a short walk from the Old Town and the Mediterranean seafront, this six-bedroom, three-bathroom penthouse is a rare find on the Costa del Sol. It has the space of a villa and the convenience of town living. You can live in it, rent it out, or do both. A view you’ll live with every day The penthouse looks directly over the Estepona Orchidarium, one of the town’s best-known landmarks. From home you see its greenery, pathways and seasonal colour, with the mountains behind. It’s a view that changes through the year. Space on one level Everything is on a single floor: 6 bedrooms and 3 bathrooms 4 private terraces An entrance hall, living room, kitchen, laundry room and dressing room One home or two: the choice is yours An architect has already drawn up a proposal to divide the penthouse into two independent three-bedroom, two-bathroom residences. Each would have its own kitchen, living and dining areas, and private outdoor space: Residence North: the larger of the two, with three terraces, a new private entrance and open, flowing living spaces. Residence South: an efficient layout with the original entrance, a terrace and a particularly generous main bedroom. Neither one is the “lesser” unit. Each is a complete home in its own right. A smart opportunity for investors Long-term rentals are a very attractive business in central Estepona. Tenants want homes within walking distance of the beach, shops, restaurants, schools and services, and this address offers all of that on foot. Because the town is lively all year, demand doesn’t stop when summer ends. That opens up several ways to invest: Two rental units: once divided (subject to approvals), rent both three-bedroom apartments and collect two separate incomes. Live in one, rent the other: make one residence your home and let the second one cover your costs. One large rental home: let the full six-bedroom penthouse to a family looking for space in the centre of town. Since a full renovation is needed, you can modernise to a standard that attracts quality tenants and supports strong rents. A solid base for your vision The inspection report found no structural defects or significant damage that would compromise the proposed works. You start with established space in a prime location, not a blank shell. Life in a real Spanish town Estepona doesn’t close after summer. It’s a working town all year, with cafés, restaurants, independent shops, markets and the seafront promenade, all within walking distance. That’s why people choose to live here, and why tenants want to rent here. Whether you’re looking for a family home or a solid income-producing investment, this penthouse offers both. Contact us today to arrange a private viewing.
Photography

The Apartment in Pictures

Features & amenities

Every Detail

12 features of this apartment
  • Close to the beach
  • Air conditioning
Setting5
  • Beachside
  • Close To Shops
  • Close To Sea
  • Close To Town
  • Close To Schools
Orientation1
  • South Facing
Condition1
  • Renovation Required
Climate Control1
  • Air Conditioning
Views1
  • Street Views
Features2
  • Lift
  • Near Transport
Furniture1
  • Optional Furniture
Price & running costs

The Numbers

Asking price€585,000
Price per m² built
€2,612

Annual running costs available on request.

Estimated buying costs≈ €53,879
Transfer tax (ITP)7%
€40,950
Notary & land registryapprox.
€5,850
Legal fees≈1% + VAT
€7,079
Total, approx.9.2% of the price
€638,879

A guide based on typical costs in Andalucía. Mortgage costs are not included. Your lawyer will confirm the exact figures before you commit. Read our guide to buying costs

The Details

Type
Apartment · Middle Floor Apartment
Reference
R5517253
Location
Estepona, Estepona
Year built
1982
Status
Available

As provided by the listing agent. We verify every figure before you commit.

Location

Estepona

Costa Del Sol

Drive times · approx.
The beach
2 min
Nearest golfEstepona Golf
8 min
Puerto Banús
25 min
Marbella old town
25 min
Málaga airport
65 min
Gibraltar airport
35 min

Approximate location in Estepona. We share the exact address on enquiry.

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