Residential Plot in Estepona

€2,300,000

  • 7 Bedroom
  • 6 Bathroom
  • 495m² Built
  • 75m² Terrace
  • 3.560m² Plot

Property Overview

Investment Opportunity

An investment property is being offered with 2 possible options:

Option 1 — Land for new development project for the construction of 13 apartments.
The project has been fully developed and is ready to be implemented.

Therefore, the property is of interest both to an investor seeking rental income and to a developer interested in constructing and subsequently selling the apartments.

Option 2 — Two completed villas for rental
The property includes 2 completed villas that can be used to generate stable income through either short-term holiday rentals or long-term rentals.

The property encompass the original main house, a modern recently built guest bungalow and two swimming pools, all nestled amidst green gardens and fragrant orange trees orchard.
The property is secluded, peaceful, and provides a serene escape from the hustle and bustle of everyday life.

The main house accommodation comprises an entrance hall and an open living room featuring a cozy fireplace. The high ceilings and historic ambiance create a warm and inviting atmosphere. The fully equipped kitchen provides direct access to a lovely patio where you can enjoy a relaxing breakfast in a cool and tranquil setting. The ground floor level of the main house features three bedrooms, one of which is en-suite and comes with a fireplace, while the other two share a bathroom. Step outside and you will find a separate gazebo with a fully equipped barbecue and dining area next to the swimming pool.

The upper level houses the master bedroom suite with jacuzzi and walking wardrobe. The balcony offers views of the sea and mountains.

A fully refurbished modern style villa with private swimming pool, patio, and barbecue area is separated from the main house and has total privacy. The house features an open plan living room and kitchen area, and three separate en-suite bedrooms each with their own private terraces and laundry.
220 m2 main house + 30 m2 terrace (two on the first floor ‌and ‌one ‌on ‌the second ‌floor) + barbecue ‌and ‌garage
new house ‌of 200 m2 ‌+ barbecue and a ‌terrace ‌of 45 m2
Ideal ‌property ‌for ‌large ‌families ‌or ‌investors.

Features

  • Setting: Country, Close To Sea, Close To Town, Close To Schools, Close To Marina.
  • Condition: Recently Refurbished.
  • Climate Control: Air Conditioning, Hot A/c, Cold A/c, Fireplace, U/f Heating, U/f/h Bathrooms.
  • Features: Covered Terrace, Fitted Wardrobes, Private Terrace, Guest House, Storage Room, Utility Room, Ensuite Bathroom, Barbeque, Double Glazing, Staff Accommodation, Fiber Optic.
  • Furniture: Fully Furnished.
  • Security: Gated Complex, Alarm System.
  • Parking: Garage.
  • Category: Golf, Holiday Homes, Investment, Luxury.
  • Promotion: Jacuzzi.

Tell me more

  • Tell me more about Estepona
    Estepona is a vibrant coastal town and municipality on the western Costa del Sol, Málaga, Andalusia, Spain. With a population of over 76,000, it has successfully blended its traditional Andalusian charm, evident in its beautifully renovated old town with whitewashed streets, with modern tourism infrastructure. Estepona boasts extensive beaches, a bustling marina, numerous golf courses, and an impressive orchidarium. It offers a lively atmosphere and a wide array of amenities, making it a popular destination for both residents and tourists seeking an authentic Spanish experience by the sea.
  • How far is this property from the nearest airport?
    Estepona is 80km from the nearest airport, approximately 65 minutes driving time.
  • What are the annual runing costs of this property?
    The annual running cost are €432 consisting of IBI €432 (Impuesto sobre Bienes Inmuebles' or Council Tax), Community Fees €0 and Garbage €0.
    * Based on current information; values are subject to revision.