Description
Located in the heart of Estepona, this 83 m² plot comes with licensed project for a building of 6 apartments and a rooftop terrace with communal pool, with a total of 521,25 m2 built. It offers an exceptional investment opportunity just steps from the beach. Situated on the second line from the shore and within easy walking distance to both the charming Old Town and Estepona Port, this location combines convenience, charm, and coastal living.
Project Details:
The approved and licensed project includes plans for a modern building featuring six apartments:
– Ground Floor: One spacious 1-bedroom apartment (50,56 m2 built).
– Upper Floors: Four 2-bedroom middle floor apartments (each of 70,50 m2 built).
– Penthouse: A 2-bedroom top-floor apartment (70,5 m2 built) boasting sea views, while the other units enjoy scenic city views.
– Rooftop Amenities: A communal rooftop terrace with a pool and solarium offers residents the perfect place to relax and enjoy Estepona's sunny climate.
Investment Highlights:
– Ideal for rental income, with the potential to operate as an apart-hotel—crucial for navigating Andalucia’s evolving short-term rental regulations.
– The property is sold with an SL company, providing a more favorable tax structure for the new owner.
– Flexibility to continue with the appointed construction company, with estimated costs of €800,000, or choose a builder of your preference to bring the project to life.
This property represents a rare opportunity to acquire a centrally located plot with an approved and licensed project in Estepona’s booming market.
Contact us for more details and to arrange a viewing.