Five-Bedroom Townhouse with Strong Investment Potential in Estepona
€552,000
€2,475/m²
- 5
- Bedrooms
- 3
- Bathrooms
- 223 m²
- Interior
- Townhouse
- Type
- 2 Sept 2026
- Listed
The Habio take
This spacious five-bedroom townhouse in Estepona presents an excellent investment opportunity with much potential for conversion into four apartments. Located in the vibrant heart of Estepona, it's just a short stroll from La Rada beach and the charming Old Town.
- beach
- investment
- city
- rental income
Highlights
- Five bedrooms with significant rental potential
- Location in Estepona centre, near beach and amenities
- Rooftop terrace for outdoor living
- Opportunity to create up to four independent apartments
- Immediate income potential with renovation of upper floor
Worth knowing
- Ground floor currently occupied until the owner vacates
- Full upper floor renovation required for maximum income
Good fit for: Ideal for investors seeking quick returns and long-term appreciation.
Lifestyle scores
- Beach
- 90
- Walkable
- 80
- Remote work
- 70
- Family
- 65
- Retirement
- 60
- Airport access
- 75
- Investment
- 85
- Luxury
- 50
- Value
- 70
About this place
This property offers 223 square metres of space across two floors, making it ideal for those looking for a renovation project in a prime area. The ground floor is currently occupied under a lifetime usufruct, providing continuity and security for the existing tenant while enabling immediate renovations to the upper floor.
With the potential to create two independent apartments on the upper level, along with two more on the ground floor, this home could generate significant rental income. The estimated rental income is approximately €1,100 per month per apartment, which could amount to over €4,000 monthly once fully renovated.
The rooftop terrace, offering 121 square metres, can be transformed into a solarium or leisure area, perfect for the sunny climate of Estepona. Located within walking distance to local shops, restaurants, and leisure options, this property sits in one of the most desirable areas along the Costa del Sol, making it a promising choice for both long-term and holiday rentals.
Where you’ll be
Estepona, Andalusia, Spain
Exact location is confirmed by the agent on enquiry.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
