Description

Grupo Ibercosta is proud to present a truly unique real estate gem located in the vibrant heart of Estepona. This exceptional building offers a rare combination of frontline beach proximity and the timeless charm of the historic Old Town. Situated on a picturesque pedestrian street, the property is surrounded by high-end boutique hotels, renowned restaurants, and traditional Andalusian architecture, making it the most sought-after commercial and residential location in the region.

Estepona, located in the south of Spain on the world-famous Costa del Sol, has transformed into one of the most desirable destinations for international investors. Known as the "Garden of the Costa del Sol," this city perfectly blends modern luxury with authentic Spanish traditions. The property enjoys a privileged position where the sea meets the city, offering lateral sea views and immediate access to the golden sands of the Mediterranean. Its location in a high-traffic commercial area ensures constant visibility and a steady flow of potential clients for the included business premises.

The building itself is a masterpiece of functional design and recent renovation, spanning a total built area of 499 square meters. It is distributed to maximize both comfort and profitability. On the ground floor, you will find a spacious commercial premises of 116 square meters, currently operating as a successful bar-restaurant. This space benefits from its location on a busy pedestrian street, capturing the attention of tourists and locals alike who frequent the area for its culinary offerings and coastal atmosphere.

The residential component of this building consists of seven large, meticulously designed apartments. Six of these units offer approximately 45 square meters of living space, each featuring a private bedroom, a bright living room, a modern bathroom, and a fully fitted kitchen. The crown jewel of the complex is the spectacular penthouse, which measures 50 square meters and includes an expansive private terrace. From here, residents can enjoy panoramic urban views and the refreshing sea breeze, making it an ideal spot for relaxation or evening entertaining.

Every corner of this property has been renovated to excellent standards, ensuring it meets the expectations of the most discerning guests. The building is equipped with a modern elevator, providing easy access to all floors. Each apartment is fully furnished with high-quality pieces, allowing for an immediate transition into the rental market. Climate control is managed via advanced air conditioning systems, and the interior features include double glazing for acoustic and thermal insulation, fitted wardrobes, and elegant ensuite bathrooms.

From an investment perspective, this property is unrivaled. It comes with a full tourist license, an essential asset for legal holiday rentals in Andalusia. Given its prime location in Estepona’s Old Town and its proximity to the beach, the building yields great rental profitability throughout the year. The combination of a stable commercial income from the restaurant and high-occupancy rates for the seven apartments creates a diversified and robust revenue stream.

Security and modern convenience are also top priorities. The building is equipped with an entry phone system, 24-hour security measures, and high-speed fiber optic internet. Residents and guests will benefit from the proximity to public transport, local shops, and the vibrant life of the village, while still enjoying the exclusivity of a beachfront complex. Whether you are looking for a luxury addition to your portfolio or a turnkey business in the south of Spain, this building represents a "bargain" in the high-end market.

At Grupo Ibercosta, we understand the importance of location, quality, and return on investment. This property in Estepona delivers on all fronts. Its status as a frontline beach complex, combined with its recently renovated condition and strategic commercial position, makes it one of the most exciting opportunities currently available on the Costa del Sol. Contact us today to discover more about this incredible building and secure your place in the sun.