Townhouse in Estepona

Situated in the vibrant core of Estepona, this substantial townhouse presents a multi-layered acquisition prospect for strategic buyers. Located just a short stroll from the sun-drenched sands of La Rada beach, the property offers a rare chance to enter one of the Costa del Sol's most resilient markets. The building spans a generous 223 square meters of construction on a 121-square-meter footprint, currently configured to accommodate five bedrooms and three bathrooms across two main levels. The location ensures that residents are fully immersed in the Andalusian lifestyle, surrounded by the town’s famous flower-lined streets and eclectic dining scene.

The internal distribution currently favors a split-occupancy model. The upper floor is immediately available for comprehensive renovation, providing a blank canvas to create two independent contemporary apartments. Meanwhile, the ground floor remains under a lifetime usufruct for the current 92-year-old occupant, ensuring a phased transition of the full asset. A standout feature is the 121-square-meter rooftop terrace, which offers panoramic views toward the port and the Mediterranean, providing an ideal foundation for a communal solarium or private leisure oasis.

Investors can capitalize on the high rental demand in central Estepona by refurbishing the upper units for immediate yield while the long-term value of the ground floor matures. Once fully consolidated, the building could potentially yield four separate apartments, each generating significant monthly income. The existing structure is robust, offering a solid basis for a high-end redevelopment project that aligns with the town's ongoing modernization and luxury shift.

Living in this part of Estepona means having every necessity within reach. The historic Old Town, the bustling marina, and a wealth of local services are all accessible on foot. For those looking further afield, the property is well-connected to the A-7 coastal road, putting Marbella and Sotogrande within a twenty-minute drive, while Malaga Airport is approximately 50 minutes away. This townhouse represents a calculated entry point into a premium coastal location with significant capital appreciation potential.