Property features
Private Terrace
Private Garden
Close To Sea
Fully Fitted Kitchen
Electricity Utilities
Drinkable Water Utilities
Fitted Wardrobes
Telephone Utilities
Close to Schools
Close to Shops
Excellent Condition
Urban Views
Town
Near Transport
Close To Port
Investment
Contemporary
Street Parking
Resale
Beachside
Close To Town
Close To Marina
Street Views
Access for people with reduced mobility
Recently Refurbished Condition
Cheap
Recently Renovated Condition
Optional Furniture
Holiday Homes
Bargain
East Orientation
Pre Installed A/C Climate Control
Near Church
Description
The property is not part of a community so no fees are applicable, obtaining a touristic licence for rentals would not be an issue the owners have confirmed.
Both apartments boast a fully fitted kitchen, cosy living room, a bedroom with adjacent bathroom, and a small internal patio in the case of the ground floor unit, with space to hang laundry, and the washing machine and boiler. In the upper unit there a julienne balcony overlooking the charming old town street.
Excellent opportunity for investors looking for a cash cow rental asset in the heart of Estepona Old town, with the bonus of benefiting from Estepona's year on year growth, and capital appreciation that comes with that. The owners have touristic licences in place. Changing them over to any prospective new owner would be very easy.
The owners would like to sell both units together ideally, however offers are welcome for the individual apartments. The upper level is rented unit summer 2025 (long term tenant). The tenant is not tied into a 5 year contract however and is willing to vacate the property at the end of their tenancy should the new owners wish. Alternatively they could retain the tenant and accompanying income. The ground floor renovated unit is available for €289'950, and the 1st floor is available for €260'000.
Please do not hesitate should you wish to obtain any more information. We are entirely at your disposal and able to show the apartment at your earliest convenience.
We look forward to hearing from you.
(the first 19 photos are of the ground floor renovated unit, the latter photos, 20 onwards, are of the upper level)