Description

Grupo Ibercosta is proud to present a unique real estate opportunity located in one of the most sought-after areas of Southern Spain. This 120m² commercial premises is situated in the vibrant center of Estepona, a town that has beautifully balanced its traditional Andalusian charm with modern, high-end infrastructure. Known as the "Garden of the Costa del Sol," Estepona offers an unparalleled quality of life, and this property places you right at the doorstep of everything this Mediterranean paradise has to offer.

Prime Location in Southern Spain

Location is the most critical factor in real estate, and this property excels in that regard. Nestled just a few steps away from the Historic Center of Estepona, the premises are surrounded by the town’s iconic whitewashed streets, adorned with colorful flower pots and traditional architecture. This area is the beating heart of the city, where you can find an eclectic mix of gourmet restaurants, traditional tapas bars, boutique shops, and essential services.

Beyond the urban charm, the property is a mere 7-minute walk from the Mediterranean Sea. The nearby beach is complemented by the newly developed coastal path (Senda Litoral), which connects the entire Costa del Sol, allowing for scenic walks or bike rides along the shoreline. For those traveling from abroad or commuting, the logistics are excellent: the property is well-connected by car, located only 80km from Malaga International Airport and approximately 45 minutes from Gibraltar Airport. Whether as a local business hub or a holiday retreat, the connectivity is world-class.

Unmatched Conversion Potential: From Commercial to Residential

One of the most compelling aspects of this property is its versatility. While currently registered as a commercial premises, its layout and structural characteristics make it an ideal candidate for a "change of use" project. With a technical project that meets the local habitability requirements, this 120m² space could be transformed into a stunning modern dwelling. Large open-plan lofts or multi-bedroom apartments are in high demand in Estepona center, making this a lucrative prospect for investors and developers.

The property is already equipped with essential water and electricity supplies, significantly streamlining any renovation process. Furthermore, the architectural possibilities are enhanced by the option to create a corner entrance. The inclusion of a ramp access provides greater convenience and ensures the property can meet modern accessibility standards, adding further value to the final product.

Natural Light and Architectural Advantages

Light is a luxury in Southern Spain, and this premises is designed to maximize it. The property boasts a wide facade where expansive floor-to-ceiling windows can be installed, flooding the interior with the bright Andalusian sun. This makes the space feel even more voluminous and inviting, whether it remains a commercial storefront or becomes a private residence.

A unique and highly valuable feature of this property is its proximity to an adjacent plot of land registered for "green space" use. Because this neighboring land cannot be built upon, the owner has the rare opportunity to create window openings on the side of the building. This ensures permanent natural light and ventilation that will never be blocked by future constructions—a significant advantage in dense urban centers. Overlooking a green area adds a sense of tranquility and a touch of nature to an otherwise central urban setting.

An Investment Opportunity with Grupo Ibercosta

Estepona is currently experiencing a real estate boom, with property values steadily increasing as it becomes a top destination for international buyers and digital nomads. Acquiring a 120m² space in such a strategic location offers multiple exit strategies: you could establish a flagship business in a high-traffic area, develop a luxury apartment for the short-term holiday rental market, or create a bespoke permanent home in the center of the city.

At Grupo Ibercosta, we recognize the immense potential of this property. Its size, the possibility for residential conversion, the proximity to the beach, and the guaranteed light from the adjacent green zone make it a standout choice in the current market. We highly recommend a viewing to truly appreciate the scale and the possibilities of this space. Contact our team today to schedule a visit and take the first step toward securing a prime piece of real estate in Southern Spain.