Land in Estepona

This exceptional urban development plot on Calle Real represents a rare chance to shape the architectural landscape of Estepona's vibrant historic center. Situated in one of the most prestigious streets of the Old Town, this property offers a prime canvas for a sophisticated multi-family residential building. The location perfectly balances the traditional charm of whitewashed Andalusian streets with the sophisticated coastal lifestyle that has made the Costa del Sol a global destination. For investors seeking a project with high visibility and prestige, this site provides an unrivaled foundation just steps from the shoreline.

The project encompasses a total gross buildable area of 544.5 square meters, intelligently distributed across a ground floor, five upper levels, and a magnificent penthouse. The sale includes 472.3 square meters of this buildable volume, specifically allocated for the creation of seven bespoke residential units. While the current owner retains a portion of the ground floor for commercial purposes, the remaining development potential allows for a high-density, high-quality residential layout. The structural costs are strategically designed to be shared proportionally, ensuring a collaborative and efficient construction phase for the developer.

A standout feature of this development is the potential for breathtaking sea and port views from the upper floors and the penthouse terrace. The planning permits a maximum height of 22 meters, allowing the future building to tower elegantly over the surrounding traditional rooftops. Beyond residential use, the planning ordinance H-2 also permits hospitality and communal accommodation, offering versatility for a boutique hotel or luxury holiday apartments. This flexibility ensures the asset remains adaptable to shifting market demands in the luxury sector.

Location is paramount, and this plot sits in the heart of Estepona's urban pulse. Residents will enjoy immediate access to high-end boutiques, traditional tapas bars, and the newly renovated promenade. The beach is a short, scenic stroll away, making it a highly desirable location for short-term holiday rentals or permanent luxury residences. With direct proximity to Estepona Port and easy access to the AP-7 highway, the property is conveniently connected to Marbella, Puerto Banús, and Málaga International Airport, ensuring maximum logistical ease for international owners.

Acquiring this land in Estepona is a strategic move into a market characterized by rapid capital appreciation. The combination of its central historic location and the approved preliminary project significantly reduces the lead time for development. As the 'Garden of the Costa del Sol' continues to attract global investment, this plot stands as a trophy asset for those looking to deliver a landmark residential project in a high-demand Mediterranean enclave.