Description

Grupo Ibercosta is proud to present a truly exceptional opportunity in the heart of the Costa del Sol. Located in the vibrant town of Estepona, often referred to as the "Garden of Andalusia," this property offers a rare combination of strategic location, generous space, and incredible versatility. Whether you are an entrepreneur looking for a new base of operations or a visionary investor seeking to create a bespoke residential haven, these commercial premises represent a blank canvas ready to be transformed.

Situated in a serene residential enclave, this property spans a total of 98 square meters, offering a layout that is as functional as it is adaptable. Currently, the space is intelligently divided into two distinct areas of approximately 49 square meters each. One half of the premises has been fully fitted out and is maintained in excellent condition, ready for immediate use. The other half remains in its raw, original state, providing the perfect foundation for a custom architectural project where you can design every detail from the ground up.

The true magic of this property lies in its potential for change of use. Following a growing urban trend in Estepona and major Mediterranean cities, these premises are ideally suited for conversion into a stunning modern loft-style home. The high ceilings and open-plan possibilities allow for a contemporary architectural approach, blending industrial aesthetics with the warmth of a Mediterranean home. Alternatively, the dual-zone layout makes it a perfect candidate for a hybrid "live-work" space, where you can maintain a professional studio in one section while enjoying a private residence in the other.

The location is undoubtedly one of the property's strongest assets. Estepona has become one of the most sought-after destinations in Southern Spain, known for its beautifully preserved old town, world-class beaches, and a climate that boasts over 300 days of sunshine per year. This property is positioned in a quiet residential neighborhood that guarantees peace and privacy, yet it is located just a 5-minute stroll from the bustling town center. This means you are never far from the charming flower-lined streets, gourmet restaurants, local boutiques, and the stunning Paseo Marítimo.

Investing in Estepona is a move toward quality of life. The town offers a perfect balance between traditional Spanish charm and modern infrastructure. From the prestigious marina to the nearby golf courses and the Sierra Bermeja mountains, the lifestyle options are endless. By acquiring this property through Grupo Ibercosta, you are securing a foothold in a market that continues to see steady appreciation and high demand for both commercial and unique residential spaces.

Please note that this property is currently registered as commercial premises. Any plans to change the use to residential must be verified and processed by the buyer in accordance with the current urban regulations issued by the Estepona Town Council. Grupo Ibercosta recommends professional consultation to ensure your vision aligns with local zoning laws.

Regarding the financial aspects of the acquisition, the purchase is subject to Property Transfer Tax (ITP) under Law 5/2021, with a standard maximum rate of 7%. The taxable base will be determined by the higher of the registered price or the cadastral reference value. Reduced rates may apply depending on the buyer's specific profile. Costs for the public deed and registration in the Land Registry are governed by official tariffs, with estimated notary fees ranging between €500 and €2,000, and registration fees between €250 and €1,500. If an administrative agency is engaged, fees are estimated between €300 and €500. The Municipal Capital Gains Tax (IIVTNU) is the responsibility of the seller. The estimated total investment for the buyer is approximately €215,000 (+10%), though the final amount will depend on individual circumstances. Brokerage fees are fully covered by the seller.

Do not miss the chance to own a piece of Estepona's bright future. Contact Grupo Ibercosta today to arrange a viewing and explore the endless possibilities this unique space has to offer.