29
Penthouse, Cancelada
€ 595.000
- 2 bed
- 2 bath
- 75 m²
Ref R5526013
Estepona, Costa del Sol
Asking price€ 595.000
An exceptional opportunity to acquire a spacious property in the very centre of Estepona, one of the Costa del Sol’s most desirable destinations, combining Mediterranean lifestyle with exciting investment potential. With 149 m² of built area, this property currently offers three bedrooms and two bathrooms, providing generous space and an excellent foundation for creating a stylish home or an attractive holiday rental investment.
One of the key highlights is the potential to further enhance the property’s layout and value, with the possibility of creating an additional terrace and converting the property into a four-bedroom, three-bathroom residence, subject to the necessary planning permissions, technical feasibility and community approvals.
The property also benefits from community approval for tourist rental use, making it an interesting opportunity for investors seeking a property in a central location with potential for holiday accommodation, subject to applicable licensing requirements.
Potential to create a 4-bedroom, 3-bathroom layout
Potential for an additional terrace, subject to approval
Walking distance to restaurants, cafés, shops and the charming old town
Close to the beach and Mediterranean promenade
Excellent potential for a personalised renovation or investment project
Estepona’s charming old town, vibrant atmosphere and Mediterranean lifestyle make it an appealing destination for both residents and visitors. The combination of a generous interior, central location and potential for further development makes this property an opportunity worth exploring.
A spacious property with vision, flexibility and investment potential in the heart of Estepona.
Spain adds roughly 8 to 13% on top of the price, depending on whether it is a resale or a new build. Here is the honest arithmetic for this home, so nothing surprises you at the notary.
Indicative only. ITP in Andalusia is 7%; new build is 10% VAT plus 1.2% stamp duty. Notary, land registry and legal fees are estimates. Your lawyer confirms the exact figures. Mortgage costs are not included.