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1 bedroom Townhouse for sale in Estepona

€ 299.000

Information

R3617963

Townhouse for sale in Estepona

If your project is to have your home and at the same time set up your business, this is your property. This is a recently renovated house where on the ground floor we can find a diaphanous place with everything you need to open a restaurant or tapas bar. It has the project carried out and thanks to the fact that it is located in the center of all the hotel activity in Estepona, it is the ideal place to develop it.

With an independent access on the first floor we find a newly renovated loft-style apartment with a bedroom, bathroom with shower, kitchenette with all appliances and furniture is brand new, living room with balcony and on the third floor we will find a spectacular terrace with Mountain View.

It is a property that grants multiple options, come and see all the options it offers, since it is located in the most demanded area of the city, right in the historic center and the commercial area of Estepona, a few meters from the beach and from the seafront. It is an area of constant growth with high tourist traffic throughout the year thanks to the large number of restaurants with terrace that are located on the same street.

Townhouse, Estepona, Costa del Sol.
1 Bedroom, 1 Bathroom, Built 129 m², Terrace 60 m².

Setting : Town, Commercial Area, Beachside, Close To Shops, Close To Sea.
Orientation : North, North East.
Condition : Recently Renovated, Recently Refurbished.
Views : Mountain, Street.
Features : Private Terrace.
Furniture : Fully Furnished.
Kitchen : Fully Fitted.
Utilities : Electricity, Drinkable Water, Telephone.
Category : Investment..

 

Our reference for this 1 bedroom Townhouse for sale in Estepona: R3617963 

Property R3617963 was last updated: 14-03-2020

  • City: Estepona
  • Property type: Townhouse
  • Bedrooms: 1
  • Bathrooms: 1
  • Size: 129 m2
  • Terrace Size: 60 m2
  • Orientation: North , North East
  • Reference: R3617963

Estepona

Property for sale in Estepona - Guide

Estepona is a very charming Spanish city located 10 km south of Marbella, with a very authentic feeling. Originally a fishing village, the city has developed naturally with time. The city is still undergoing improvements to meet the demands from the property owners who decide to buy property in Estepona. The city center and its 5km long beach promenade offers many typical Spanish restaurants and Chiringuitos - Beachbars. The majority of the apartments for sale in Estepona is located either in the outskirts of the city center, or in the many beachfront apartment developments.

The permanent population in 2017 was around 75.000 inhabitants, and as a result the city is alive even in the winter time. The city offers many different activities, such as Selwo adventure park - a zoo integrated in natural surroundings, a gocart track, and a botanical garden. The muncipiality consists of several different areas such as Selwo, Cancelada, Atalaya, Costalita, El Cristo & Valle Romano. There is also a large industrial area, with car dealerships, outlets and home to many companies. The general price level for properties for sale is increasing. Over the last 10 years many properties have seen an increase of 50-100%.

Apartment for sale in Estepona - Guide

Estepona has recently seen a high increase in new developments with apartments for sale. As a result, there is apartments for sale in a broad price ranges, from at 200.000 € to 2.500.000 €. The price it costs to buy an apartment depends largely on the location. Beachfront apartments for sale in Estepona begins around 400.000 for a 2 bedroom apartment, walking distance to the beach. The price increases depending on size and the level of luxury. The price level for apartments within the city centre is below average. Outside the city mostly average, and beachfront apartments are priced above average for the area.

Beachfront apartments for sale

The beachfront apartments are within few 100 meters from the beach. Many of the beachfront apartments for sale also offers fantastic sea views. Beachfront apartments are always in high demand. The beachfront apartments for sale are mostly built during the last 15 years. In 2018 there is 3 different developments under construction, which all offer beachfront apartments for sale. They are The Edge, Emare & The Island. Almost all of the beachfront apartments for sale in Estepona offers fantastic sea views. All urbanisations are medium to high quality, with a few high luxury developments, such as Doncella and Los Granados Playa. An investment in a beachfront apartment for sale, will normally keep its price well, due to the high demand.

Modern apartments for sale

It is not too easy to find modern apartments for sale in Estepona. Most developments are older, and built in typical Spanish style. Many of the beachfront apartments for sale have a modern look and updated interior. Many property buyers choose to buy an older apartment, and do a full renovation. As a result, the location is central and the interior very modern. Several luxury developments are under construction in Estepona, which offers modern apartments for sale.  The Edge apartments, Las Mesas & The Island townhouses are examples of this. Because of the limited number of modern apartments for sale, they are in high demand.

Off-plan apartments for sale

In the center there is many new developments and off-plan projects for sale. Buying off-plan, under construction, or as a project will save you up to 25% in cost.  There is good chance of finding bargains apartments for sale, and very cheap apartments. If you are looking for a bargain apartment, or a distressed sale, Estepona is a good option. Many apartments was bought 10-20 years ago, at very low prices. A distressed sale gives you the possibility for an outstanding profit. Cheap apartments, and bargains are only on the market for short time, so quick reaction is necessary.

Luxury apartments for sale

In Estepona, all luxury apartments for sale are located on the beachfront, which also have the nickname "The New Golden Mile". The most luxurious of them all is Doncella Apartments, just outside the city centre. Here the apartments for sale begin around 700.000 for a 1 bedroom apartment, and continues towards 2.500.000 € for a 4 bedroom penthouse. Doncella offers a variety of services, and are kept in immaculate condition throughout. Another luxury development is Los Granados Playa, offering very spacious apartments, starting at 1.200.000€. Furthermore there is a large heated pool, restaurant and concierge service. Not far away from Los Granados Playa, Emare is under construction. Modern, spacious apartments with a starting price of 2.300.000 for a 2 bedroom apartment for sale.