Investment Property with Three Rental Units in Central Estepona
Estepona Centre, Estepona, Malaga province
350,000 € Updated 3 days ago
120 m² built, 4 bedrooms, 3 bathrooms
Apartment with 4 bedrooms for sale in Estepona Centre
Located in the heart of Estepona, this property represents an interesting investment opportunity primarily suited to the long-term rental market. The property is currently configured into three separate rental units, with a registered area of 98 m² corresponding to the main apartment and an additional 22 m² rooftop structure.
Unit A offers approximately 34 m² of built area and is arranged as a compact unit comprising a living area, kitchen, bedroom and bathroom.
Unit B, with approximately 64 m² of built area, is the largest of the three and comprises a living area with kitchen, two bedrooms and a bathroom.
On the upper floor, Unit C occupies the 22 m² rooftop structure recorded in the Land Registry and is currently arranged as a studio with living and sleeping area, kitchen and bathroom. It also benefits from a private terrace of approximately 21 m².
The three spaces are currently fitted out for rental use, providing a configuration particularly suited to an investor seeking income from long-term lettings. According to the owner’s estimates, the property has the potential to generate gross rental income in the region of €2,000 per month, subject to occupancy, rental agreements and prevailing market conditions.
The property enjoys a well-established central Estepona location, with shops, services, restaurants and the main amenities of the town centre within walking distance.
The property’s current physical configuration does not correspond to a legal or Land Registry division into three independent properties. Buyers and their legal and technical advisers should review the documentation and planning status of the existing alterations prior to completing any purchase.
Property Details
- 945-00451P
- Apartment
- 4 Bedrooms
- 3 Bathrooms
- 120 m² Built
- Amenities near
- Beach Side
- City views
- Close to restaurants
- Close to schools
- Close to shops
- Fully furnished
- Good condition
- Individual A/C units
- Kitchen equipped
- Mains water supply
- Mountain view
- Open plan kitchen
- Roof terrace
- Separate apartment
- Street view
- Transport near
- Urban view
Price, costs & taxes
| Asking price | 350,000 € |
|---|---|
| Built m² | 120 m² |
| Price per m² Built | 2.917 € |
| IBI | 421 € / year |
| Garbage | 117 € / year |
The sale price does not include expenses and taxes. Additional costs for the buyer: registration and notary fees, ITP (Transfer Tax) or in its absence VAT, and AJD (Stamp Duty) on new properties and subject to some requirements to be met. These costs and taxes are different depending on the province / autonomous community where the property is located and even on certain specific aspects of the buyer. All details and information sheet are available upon request from Marina Homes. This information is subject to errors, omissions, modifications, prior sale or withdrawal from the market.
About the building
| Year Built | 1978 |
|---|---|
| Floors | 2 |
| Property type | Apartment |
| EPC | In Progress |
Listing agent
Marina Homes Real Estate agents in Estepona +34 952 88 53 86
Location
- Estepona Centre
- Estepona
- Malaga province
Disclaimer This is a property advertisement (REF 945-00451P) provided and maintained by Marina Homes, Avda. Luis Braille, Urb. Puerto Paraíso, Bl.5, Local 7 29680 Estepona Málaga, and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties. PropertyTop.com does not own or control and is not responsible for the properties,website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to.