Description

Grupo Ibercosta is proud to present a truly unique real estate opportunity in one of the most coveted locations in Southern Spain. This charming townhouse, nestled within the picturesque streets of Estepona’s historic Old Town, is currently offered for sale as a ‘Usufruct’ investment. This specific financial arrangement allows an astute buyer to acquire the bare ownership (Nuda Propiedad) of a premium asset at a significant discount, while the current 72-year-old female resident retains the right to use and enjoy the property for her lifetime.

With an accurate market valuation of 570,000 Euros, this property is being positioned on the market for 427,500 Euros. This represents a substantial 25% discount, offering an incredible entry point for those looking to secure a high-value residence in the rapidly appreciating Estepona market. At Grupo Ibercosta, we recognize that such strategic investments are rare, especially when they involve properties maintained to such an impeccable standard in prime locations.

A Home of Character and Andalusian Elegance

Situated on what is widely considered one of the prettiest, flower-lined streets in the historic center, this beautifully presented home is a masterclass in traditional charm. The residence features two spacious bedrooms and two modern bathrooms, distributed across a layout that maximizes both privacy and natural light. Unlike many traditional townhouses that can feel enclosed, this property is flooded with brightness, creating an airy and welcoming atmosphere from the moment you step through the door.

The ground floor is designed for both comfortable living and elegant entertaining. It features a spacious lounge that flows seamlessly into a large dining room, providing ample space for family gatherings. One of the standout features of this home is the presence of two internal covered patios. these peaceful, private outdoor sanctuaries are quintessential to Andalusian architecture, offering a cool retreat during the warm summer months and enhancing the property's authentic character.

Outdoor Living and Panoramic Views

Moving upstairs, the property continues to impress with its dedication to the outdoor lifestyle that defines the Costa del Sol. A generous roof terrace serves as the crowning jewel of the home. Equipped with a stylish pergola, this space is perfectly suited for alfresco dining, morning coffee, or simply soaking up the Mediterranean sun. The terrace also includes an additional storage room, providing practical solutions for keeping the living areas clutter-free.

From this elevated position, you can enjoy the gentle sea breeze and the unique atmosphere of the Old Town. Whether you are looking for a place to sunbathe in total privacy or a scenic spot to host dinner parties under the stars, this roof terrace offers the ideal setting to enjoy the region's enviable year-round climate.

Estepona: The Garden of the Costa del Sol

Located in the south of Spain, Estepona has transformed into one of the most desirable destinations on the Mediterranean coast. Known as the "Garden of the Costa del Sol," the town is famous for its impeccably clean streets, vibrant flower displays, and a commitment to preserving its authentic Spanish heritage while offering world-class modern amenities. This property is perfectly positioned to enjoy the very best the town has to offer.

The townhouse is located just 250 metres from the golden sands of the beach, allowing for daily walks along the Mediterranean shore. Additionally, it is a mere 250 metres from the vibrant Plaza de las Flores, the social heart of the town, where you will find an array of boutiques, traditional tapas bars, and fine dining establishments. Living here means having the rich culture of Southern Spain right on your doorstep, from the bustling local markets to the serene Sierra Bermeja mountains that provide a stunning backdrop to the town.

A Secure Future Investment with Grupo Ibercosta

This is more than just a house; it is a long-term asset with incredible potential. While the usufruct arrangement means the property is not for immediate occupancy, it secures a prime piece of real estate at a price well below market value. For the forward-thinking investor, this represents a secure way to build wealth through property appreciation in a town that is seeing unprecedented growth and international interest.

In the future, this special property will serve as an ideal permanent residence, a luxurious holiday home, or a high-yield rental investment. Its proximity to the sea, combined with its location in the most aesthetic part of the Old Town, ensures that its value and desirability will only continue to rise. Contact Grupo Ibercosta today to learn more about this exceptional usufruct opportunity and how you can secure your future in the heart of Estepona.