Description

Grupo Ibercosta is proud to present a remarkable investment opportunity in one of the most sought-after locations on the Costa del Sol. Situated in the vibrant heart of Estepona Centre, this expansive townhouse offers a rare chance to acquire a property of significant dimensions within a short walking distance of the town’s most iconic landmarks and essential everyday amenities. This property represents the quintessential Mediterranean lifestyle, blending the charm of traditional Andalusian living with the limitless potential of a modern renovation project.

Estepona, often referred to as the "Garden of the Costa del Sol," has become a premier destination in Southern Spain. Unlike many other coastal towns, Estepona has meticulously preserved its authentic Spanish character while undergoing sophisticated modernization. This townhouse is perfectly positioned to take advantage of this unique atmosphere, located just moments away from the picturesque Estepona Old Town, characterized by its flower-filled cobblestone streets, and the sun-drenched beaches of the Mediterranean Sea. The seafront promenade, or "Paseo Marítimo," is also just a brief stroll away, offering miles of scenic walking paths along the coast.

A Versatile Layout and Generous Proportions

The property currently boasts a substantial 181 m² of built space distributed across two levels, providing a solid foundation for an ambitious architectural transformation. The interior layout currently comprises five bedrooms and one bathroom, though the generous square footage allows for a complete reconfiguration to suit contemporary living standards. Complementing the interior is a 22 m² terrace, an essential feature for enjoying the year-round sunshine that characterizes the South of Spain.

One of the most intriguing architectural features of this townhouse is the current access to the first floor via an external staircase. While functional in its current state, this design element opens up fascinating possibilities for redesign. This layout makes the property exceptionally well-suited for conversion into two independent living units, providing a high-yield opportunity for investors interested in the lucrative holiday rental market or long-term leasing. Alternatively, it can be re-imagined as a grand, single-family residence with open-plan living areas, high ceilings, and luxury finishes.

Unmatched Investment Potential in a Prime Location

Presented as a complete renovation project, this townhouse serves as an ideal blank canvas for visionary buyers. Whether you are looking to create a bespoke family home tailored to your personal tastes or seeking a value-add investment in a central urban location, the possibilities are virtually endless. Furthermore, for those looking to maximize the property’s footprint, there is significant potential to add an additional level, subject to obtaining the relevant planning permissions from the local authorities. Such an addition would not only increase the living space but could also offer enhanced views of the surrounding townscape and the sea.

In addition to the main structure, the property includes practical storage space and the benefit of convenient street parking nearby. In a town center location where space is a premium, these features add significant practical value to the daily life of any future resident. Grupo Ibercosta recommends this property to those who understand the long-term value of real estate in Estepona’s historic and commercial core.

Experience the Best of Estepona and the Costa del Sol

The surrounding neighborhood is widely considered one of Estepona’s most desirable and vibrant districts. Residents will find themselves within easy reach of the famous Orchid House (Orquidario), a modern architectural landmark housing thousands of species of orchids. The area is also home to a diverse array of high-quality restaurants, traditional tapas bars, boutique shops, and cultural attractions that make Estepona a year-round destination.

Beyond the immediate local charm, the property enjoys excellent connectivity to the rest of the region. The glamorous hubs of Marbella and Puerto Banús are approximately 25 to 30 minutes away by car, offering world-class shopping and nightlife. For international travelers, Málaga Airport is accessible in under an hour, ensuring that your home in the South of Spain is always well-connected to the rest of Europe. This townhouse is not just a building; it is an invitation to create a masterpiece in one of the most beautiful corners of Andalusia.