Description

Grupo Ibercosta is proud to present an extraordinary real estate opportunity located in the very soul of Estepona’s historic old town. This charming detached house represents the quintessential Andalusian lifestyle, blending timeless architectural traditions with an unbeatable location in the "Garden of the Costa del Sol." Situated on a serene pedestrian street, this property offers the peace of a residential sanctuary while being only a few steps away from the vibrant energy of one of Southern Spain’s most beautiful coastal towns.

An Unrivaled Location in the Heart of Estepona

Estepona, located in the province of Málaga in the south of Spain, has transformed into one of the most prestigious destinations on the Costa del Sol. Unlike many other coastal towns, Estepona has meticulously preserved its authentic Spanish character. This property is nestled within the famous "Centro Histórico," characterized by its labyrinth of narrow, cobblestone streets adorned with thousands of colorful flower pots. Living here means having the iconic Plaza de las Flores just around the corner, where the scent of orange blossoms fills the air and local life unfolds in the many boutique shops and traditional tapas bars.

The location is a true paradise for those who value a "car-free" lifestyle. Within a short, pleasant stroll, you will find the golden sands of Playa de la Rada, one of the region’s most beloved beaches, and the expansive Paseo Marítimo, perfect for sunset walks along the Mediterranean. Additionally, the bustling Puerto Deportivo marina is easily accessible, offering a wide array of international restaurants, water sports, and the popular Sunday market. Everything you need—from fresh local produce at the municipal market to high-end gastronomy—is right on your doorstep.

Property Features and Traditional Charm

This authentic detached residence spans 115 m² of built area across two well-distributed floors. Currently, the home is ready to move into, yet it offers a wonderful canvas for those looking to infuse their own personal style through a modern renovation. The ground and first floors currently house three comfortable bedrooms, a full family bathroom, a bright and airy living room designed for relaxation, and a fully independent kitchen. The layout also includes a practical storage room to keep the living spaces uncluttered.

The crown jewel of this property is undoubtedly the spectacular upper solarium. Spanning over 60 m², this expansive outdoor terrace provides panoramic views over the terracotta rooftops of the old town. It is the perfect setting for sunbathing in the 325 days of sunshine that Estepona enjoys annually, or for creating an alfresco dining area under the stars. Adjacent to the solarium, there is an additional 28 m² storage room that could potentially be converted into a summer kitchen, a creative studio, or a guest suite.

Enormous Development Potential for Investors

Beyond its current charm, this property represents a significant investment opportunity due to its exceptional urbanistic potential. For those looking to maximize their return on investment or create a larger luxury residence, the local regulations allow for the expansion of the building. Current zoning allows for a ground floor plus three additional levels (G+3). This would enable the construction of up to 264 m² of gross living space.

Whether your vision is to develop a boutique holiday rental building, several independent apartments, or a grand four-story family home with a private rooftop pool, the possibilities are virtually limitless. In a market where detached houses in the historic center are increasingly rare, the ability to nearly triple the existing square footage adds immense value to this acquisition. This is a strategic move for developers looking to capitalize on Estepona’s rising popularity and the high demand for premium rentals in the old town.

The Mediterranean Lifestyle with Grupo Ibercosta

Priced at €460,000, this property is more than just a house; it is an invitation to a lifestyle defined by culture, sun, and sea. Estepona offers a unique blend of traditional Andalusian heritage and modern luxury infrastructure, including world-class golf courses, hospitals, and international schools just a short drive away. By choosing this home, you are investing in a location that continues to see steady appreciation and a quality of life that is hard to match anywhere else in Europe.

At Grupo Ibercosta, we specialize in identifying properties with unique character and high growth potential. We invite you to discover the magic of Estepona and explore the hidden potential of this traditional Andalusian home. Contact us today to arrange a private viewing and take the first step toward owning a piece of the historic heart of the South of Spain.