INVESTMENT OPPORTUNITY IN THE HEART OF ESTEPONA!
House in the heart of Estepona, five minutes walk from the historic center, ideal for investors.
This house, currently divided into 2 apartments, is a unique opportunity due to the boom that this area is having and the possibilities that this property offers.
It has three floors that are currently divided as follows:
- Ground floor: apartment with entrance hall, 1 bedroom, living room-kitchen, bathroom and outdoor patio. Partly recently renovated.
- First floor: Entrance hall with window. Apartment with 2 bedrooms, separate kitchen and bathroom.
- Third floor: solarium terrace with a storage room.
The apartments currently have separate entrances.
The possibilities of this property are several:
- Everything can be renovated and reunited in order to have a spacious 3-storey house in the heart of Estepona.
- You can maintain the current state of the property and rent the apartments separately, obtaining an insured ROI given the situation of the property and the high demand in the area.
- The property can be completely renovated and converted into 3 independent apartments, taking advantage of the storage room on the upper terrace.
From here, the possibilities are varied and all ensure a good investment.
This area of ??Estepona, close to shops, parks and services, is becoming highly valued due to the new constructions in the surroundings and is an asset that is constantly being appreciated.
Estepona on Costa del Sol lies 74 km west of Malaga airport at the foot of the Sierra Bermeja mountains. Estepona has a much more authentic atmosphere with typical Andalusian whitewashed houses and balconies decorated with flowers. The houses are whitewashed and iron gates painted every year to maintain the feeling of a cared for town. In the old part of the town the streets are still cobbled whilst along the seafront runs a very pretty promenade lined wih palm trees and flowers. Some typical Spanish beach bars are to be found along this promenade. All the usual beach and water activities are available such as jet-skiing, parasailing, diving and pedalos. If you have your own transport and want to find some quieter beaches with golden sand these can be found anywhere beyond Tarifa. Estepona is a perfect place for families and people looking for a quiet area away from the busy nightlife. There are many traditional tapas bars around Plaza Las Flores and some excellent restaurants specialising in seafood and fish dishes such as sardines on the spit (espeto de sardinas). There is plenty to do in and around Estepona. For the early risers the fish market at the harbour is an interesting sight. A large variety of fish are auctioned off but you must be there by 6am as it tends to be finished by 7am. The bull ring, on the outskirts of the town, has four museums in it one of which has an interesting collection of bullfighting memorabilia. The right place if you want a holiday home in Spain, also if you want to make money by renting it out when you are not using it.
