Strategic Investment Opportunity: Expansive 520m2 Multi-Purpose Building in the Heart of Estepona
- 520 M² Build 60 M² Terrace
- 1 Bathrooms
Grupo Ibercosta is proud to present a truly unique and versatile real estate opportunity in one of the most sought-after locations on the Costa del Sol. Located in the vibrant town of Estepona, in the sunny south of Spain, this substantial property has recently seen a significant price reduction, making it one of the most attractive investment prospects currently on the market. Whether you are an entrepreneur looking for a new headquarters, a developer with a vision for residential conversion, or an investor seeking a high-yield asset, this 520m2 industrial and commercial estate offers a blank canvas to realize your professional ambitions.
Situated in a centric area that perfectly balances urban convenience with the tranquility of an elevated position, this property is just a five-minute walk from the bustling city centre of Estepona. Known as the "Garden of the Costa del Sol," Estepona has undergone a magnificent transformation in recent years, becoming a prime destination for international investors and families alike. This property sits on the border of the historical centre, providing immediate access to all essential amenities, including the renowned Felipe VI Auditorium theatre, modern playgrounds, prestigious schools, and a wide array of local shops and gourmet restaurants.
The property is characterized by its impressive scale, boasting a total built area of 520m2 distributed equally over two expansive levels. Each floor offers a "whopping" 260m2 of usable space, providing a sense of volume and possibility that is rarely found so close to the city centre. The architectural layout currently reflects its history as a mixed-use facility, which adds a layer of character and functional infrastructure that new owners can leverage immediately.
The ground floor has traditionally served as a large-scale workshop. With its high ceilings and open-plan layout, it is perfectly suited for industrial use, a distribution hub, or even a contemporary art gallery or fitness studio. One of the standout features of the lower level is the lovely private patio area, providing a pocket of outdoor space that is essential for ventilation and natural light in a Mediterranean climate. This level is designed for heavy-duty use but possesses the structural integrity to be transformed into something much more refined.
The upper floor offers a completely different atmosphere. Previously utilized as a private children's school, this level is already partitioned into functional zones. It includes a dedicated 40m2 office space, perfect for administrative management or professional consulting. Furthermore, the top floor is equipped with essential facilities such as multiple toilets, a fully functional kitchen, and a bar area. This makes the level an ideal candidate for a restaurant venture, a co-working space, or an educational center. To complement the interior, the upper level features an even larger patio than the ground floor, facing the opposite direction to capture the best of the Spanish sun throughout the day.
Location is the cornerstone of any successful real estate investment, and this property delivers in abundance. Perched at a slight elevation near the mountain's edge yet integrated into the urban fabric, the building enjoys a unique vantage point. Estepona itself is a jewel of Southern Spain, offering over 300 days of sunshine a year and a high quality of life. The proximity to the coast, combined with the traditional Andalusian charm of the white-walled streets, ensures that any business established here will benefit from both local foot traffic and the growing international community.
Being so close to the local theatre and cultural hubs means the area is constantly frequented by residents and tourists. The infrastructure surrounding the property is excellent, with easy road access to the AP-7 highway, connecting you to Marbella in 20 minutes and Malaga Airport in under an hour. For a developer, the location offers the potential to explore residential projects, subject to local planning permissions, given the high demand for housing in this specific part of town.
At Grupo Ibercosta, we believe this property represents "heaps of potential" for the right buyer. It is not just a building; it is a strategic asset. The rare combination of industrial capacity downstairs and a hospitality-ready setup upstairs creates a hybrid opportunity that is difficult to replicate in Estepona’s tightening real estate market. The recent price reduction acts as an invitation for those who have been waiting for the right moment to enter the Costa del Sol market at a competitive entry point.
We invite you to bring your ideas and suggestions to us. Whether you envision a boutique hotel, a luxury gym, a multi-office business park, or a creative workshop, this 520m2 structure is ready to be transformed. Our team is here to guide you through every step of the acquisition process and help you realize your next big dream in the south of Spain. Contact Grupo Ibercosta today to arrange a private viewing and explore the endless possibilities of this remarkable Estepona estate.
Reference R5294503
Status
SaleProperty Type
CommercialBuild size
520 M²Terrace Size
60 M²Receive updates on exclusive new developments and resales.