Unique Investment Opportunity in Estepona: Two Independent Residences Under One Single Deed
- 271 M² Build 25 M² Terrace
- 5 Bedrooms
- 3 Bathrooms
Grupo Ibercosta is proud to present a truly exceptional real estate opportunity in the heart of Estepona, one of the most sought-after locations on the Costa del Sol. This property is not just a home; it is a strategic investment that offers unparalleled flexibility. We are offering two completely independent residences housed within a single building, both registered under one property deed. This unique legal status provides a significant financial advantage, allowing the owner to benefit from reduced administrative costs and a single IBI (Property Tax) payment while managing two separate living spaces.
The first unit is a ground-floor apartment designed with practicality and accessibility in mind. This residence is ideal for individuals with reduced mobility or for those seeking a "lock-up-and-go" lifestyle with direct street access. The layout currently features two well-proportioned bedrooms, a full bathroom, and a functional kitchen equipped with a dedicated laundry area.
While this unit is fully functional, it offers an incredible "blank canvas" for the new owner. It requires some cosmetic updates, providing a fantastic opportunity to renovate according to your personal taste or to modern standards that will instantly increase the property's market value. Whether you envision it as a modern guest suite, a professional home office, or a high-demand holiday rental, the potential of this ground-floor space is limitless.
The second unit is a stunning duplex apartment that has been completely renovated to the highest standards. Move-in ready and meticulously maintained, this home captures the essence of modern living in Southern Spain. Spread over two spacious floors, the layout is designed for comfort and social interaction. It boasts three large, bright bedrooms and two contemporary bathrooms, ensuring plenty of space for a large family or visiting guests.
The heart of the home is a cozy living and dining area featuring a classic fireplace, perfect for the cooler winter evenings. The kitchen is spacious and modern, catering to those who love to cook and entertain. However, the true jewel of this duplex is the private rooftop terrace. This expansive outdoor sanctuary is bathed in the Mediterranean sun throughout the day, offering the perfect setting for al fresco dining, sunbathing, or hosting evening gatherings with friends while enjoying the sea breeze of the Costa del Sol.
Situated in the South of Spain, Estepona has earned the nickname "The Garden of the Costa del Sol" due to its flower-lined streets and beautifully maintained white-walled old town. This property is perfectly positioned to enjoy everything this vibrant town has to offer. Located just a five-minute walk from the pristine beaches and the lively promenade, residents can enjoy a Mediterranean lifestyle every day.
The location is incredibly convenient, with essential amenities right on your doorstep. Top-tier schools, modern sports centers, traditional tapas bars, and gourmet restaurants are all within walking distance. Estepona successfully blends traditional Andalusian charm with modern infrastructure, making it a magnet for international residents and savvy investors. Being in the center of town means you are part of a thriving community with high demand for both long-term and short-term rentals.
At Grupo Ibercosta, we understand that value is found in versatility. This property is an investor’s dream for several reasons. Firstly, the single deed structure is a rare find; you effectively own two assets but only pay the taxes and maintenance fees of one. This maximizes your return on investment from day one. Secondly, the configuration allows for multiple income streams. You could live in the renovated duplex and rent out the ground floor for extra income, or rent both units separately to maximize your yield.
For families, this setup is equally beneficial. It provides the perfect solution for multi-generational living, allowing grandparents or adult children to have their own private space while remaining close to the family. With the booming real estate market in Southern Spain, securing a property with these unique characteristics in a central Estepona location is a move that promises both immediate enjoyment and long-term capital appreciation. Do not miss this chance to acquire a versatile, high-potential property in one of Spain's most beautiful coastal towns.
Reference R4841119
Status
SaleProperty Type
VillaBuild size
271 M²Terrace Size
25 M²Receive updates on exclusive new developments and resales.