Description

Grupo Ibercosta is proud to present a remarkable investment opportunity located in one of the most sought-after destinations in Southern Spain. This expansive townhouse, situated in the vibrant center of Estepona on the Costa del Sol, offers a rare combination of size, location, and potential. Designed for those with a vision, this property serves as a blank canvas, ready to be transformed into a stunning Mediterranean residence or a high-yield rental property. With its strategic positioning near the sea and the bustling town center, this is a diamond in the rough waiting for the right investor to polish it.

Estepona, often referred to as the "Garden of the Costa del Sol," has undergone a magnificent transformation over the last decade. It has managed to maintain its traditional Andalusian charm with flower-filled streets and white-washed walls while integrating modern infrastructure and luxury amenities. This townhouse is perfectly positioned to take advantage of everything this coastal gem has to offer. Located in a prime beachside village setting, the property is just a short stroll away from the sun-drenched shores of the Mediterranean Sea. Being in a central commercial area means that supermarkets, boutique shops, local pharmacies, and high-quality schools are all within easy walking distance, making it an ideal spot for families and holidaymakers alike.

The location also places you close to the renowned Estepona Port, a hub of maritime activity, fine dining, and nightlife. Whether you are looking to enjoy a morning coffee by the marina or a sunset walk along the renovated promenade, the lifestyle offered here is second to none. Estepona’s connectivity is another major draw; it is well-linked to the glamorous Puerto Banús and Marbella to the east, and the prestigious Sotogrande to the west, with Malaga International Airport accessible in under an hour. This makes the property an incredible gateway to the lifestyle of Southern Spain.

The property itself boasts a generous built area of 176 m², distributed over multiple levels to maximize space and privacy. With 4 large bedrooms and 4 bathrooms, the internal layout is exceptionally versatile. Currently, the townhouse requires a full restoration, which is exactly where the value lies for a savvy investor. This condition allows the new owner to redesign the interior according to modern standards, perhaps creating an open-plan living area or high-end en-suite bedrooms that are so in demand in today's market. The bones of the building are solid, providing a sturdy foundation for a creative architectural project that could significantly increase the property's market value upon completion.

One of the standout features of this townhouse is its orientation. Facing South, South-West, and West, the property is bathed in natural light throughout the day. In the Costa del Sol, where the sun shines over 300 days a year, this orientation is highly prized. It ensures that the living spaces remain bright and airy, and that the outdoor areas can be enjoyed year-round. Speaking of outdoor living, the property includes an impressive 60 m² private terrace. In a town center location, such a large outdoor space is a luxury. This terrace offers views of the surrounding urban landscape and the majestic Sierra Bermeja mountain range, providing the perfect setting for al fresco dining, sunbathing, or creating an urban rooftop garden.

From an investment perspective, this property falls into a high-demand category. The "fixer-upper" market in Estepona is incredibly competitive because the capital appreciation after renovation is substantial. As a "Category: Investment" listing, Grupo Ibercosta highlights the potential for a high Return on Investment (ROI). Whether you choose to renovate and sell (flip) or renovate and hold for long-term or short-term holiday rentals, the demand for quality housing in Estepona continues to outpace supply. The fact that the kitchen is not fitted and the furniture is not included further simplifies the demolition and redesign process, allowing you to start your project with a clean slate.

The townhouse is equipped with essential utilities including electricity, drinkable water, and telephone lines, ensuring that the logistical side of the restoration can proceed smoothly. Street parking is readily available in the vicinity, a common and convenient feature for homes in the traditional heart of the village. For families, the proximity to local schools and the safety of a village environment make this an attractive long-term residential prospect.

In summary, this townhouse represents the essence of opportunity in Southern Spain. It combines a massive footprint of 176 m², a sprawling 60 m² terrace, and a prime location in the flourishing town of Estepona. Grupo Ibercosta invites you to explore the potential of this property. While it requires work, the rewards of owning a personalized, four-bedroom home just steps from the sea in one of Europe’s best climates are immeasurable. Do not miss the chance to invest in the Costa del Sol’s bright future with a property that offers both character and incredible growth potential.