Description

Grupo Ibercosta is proud to present a truly exceptional investment opportunity located in the vibrant heart of Estepona, one of the most flourishing towns in Southern Spain. Situated on the charming Calle Mondéjar, this property represents a rare chance for developers and visionaries to secure a foothold in a high-demand urban area. This pedestrianized street offers the perfect blend of traditional Andalusian charm and modern convenience, making it an enviable location for any future residential or commercial project.

Unbeatable Location in the Garden of the Costa del Sol

Estepona, often referred to as the "Garden of the Costa del Sol," has undergone a magnificent transformation over the last decade. Located in the province of Málaga, Southern Spain, this coastal gem has successfully balanced its traditional white-walled village aesthetic with world-class infrastructure. The property on Calle Mondéjar is strategically positioned just steps away from the newly inaugurated boulevard, a project that has redefined the town’s relationship with the Mediterranean Sea. This area is now a hub of social activity, featuring lush gardens, modern walkways, and high-end commercial spaces.

Future residents or guests of a development here will enjoy the luxury of being within walking distance to the sea. The pristine beaches of Estepona are renowned for their quality and length, providing a relaxed coastal lifestyle that is highly sought after by both local and international buyers. Furthermore, the property is surrounded by a wealth of shops, traditional tapas bars, gourmet restaurants, and essential services, ensuring that everything one needs is right at their doorstep. The pedestrian nature of Calle Mondéjar guarantees a peaceful environment, free from the noise of heavy traffic, while still being in the center of the action.

Property Specifications and Development Potential

The property currently sits on a generous urban plot of approximately 209 m². At present, the existing structure comprises 420 m² of built space. While the current building holds the echoes of traditional architecture, it is being offered primarily as a development site. The structure requires a comprehensive full renovation or, more ideally, a complete demolition to make way for a state-of-the-art new build project. For an investor, the value lies in the land and the significant building volume permitted by local urban planning authorities.

According to current urban planning regulations in Estepona’s historic and central zones, this plot allows for the construction of a building consisting of a ground floor plus two additional levels (GF+2). This configuration is perfect for the development of a boutique apartment complex. Given the 209 m² footprint, a developer could design a series of luxury apartments, potentially including spacious ground-floor units with private patios and upper-floor residences with balconies overlooking the picturesque streets of the town center. The demand for modern, high-quality housing in this specific area of Estepona is currently at an all-time high, ensuring a strong exit strategy for any development project.

A Secure Investment with Grupo Ibercosta

In the current real estate climate of Southern Spain, finding a plot of this size in a consolidated urban center is increasingly difficult. The scarcity of available land in Estepona center has driven a steady appreciation in property values, making this an ideal timing for acquisition. Whether you are looking to develop a portfolio of long-term rental units, a holiday apartment block, or a prestigious town residence, this plot on Calle Mondéjar provides the versatility and location required to maximize your return on investment.

Grupo Ibercosta is dedicated to identifying properties with the highest potential for our clients. We understand that Estepona is no longer just a holiday destination; it is a thriving year-round community with a growing population and a robust economy. Investing here means investing in a town that prioritizes quality of life, sustainability, and cultural heritage. This plot is a blank canvas waiting for a professional developer to bring a new vision to life in one of the most prestigious locations on the Costa del Sol.

For more information regarding the technical specifications, urbanistic reports, or to arrange a site visit, please contact Grupo Ibercosta today. Our team of experts is ready to assist you in navigating this unique opportunity and turning this urban plot into Estepona’s next landmark development.