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Estepona, Andalusia, Spain

Spacious 6-Bed Penthouse with Renovation Potential in Estepona

€670,000

€3,384/m²

Great value30% below the typical price per m² for apartments in Estepona
6
Bedrooms
3
Bathrooms
198 m²
Interior
Apartment
Type
2 Sept 2026
Listed

The Habio take

AI summary

This expansive 6-bedroom penthouse boasts the potential to be transformed into two separate apartments, making it a unique investment opportunity. Located in central Estepona, it overlooks the beautifully landscaped Orchidarium and is close to the vibrant town centre.

  • investment
  • renovation
  • city
  • garden

Highlights

  • Large 6-bedroom penthouse
  • Potential to convert into two apartments
  • Views of the Orchidarium
  • Open-plan living and kitchen area
  • Multiple terraces
  • Access to communal rooftop terrace

Worth knowing

  • Additional renovations will be required
  • No private outdoor space specified

Good fit for: Ideal for investors or those looking for a large family home with renovation potential.

Lifestyle scores

Beach
50
Walkable
80
Remote work
65
Family
70
Retirement
60
Airport access
70
Investment
75
Luxury
65
Value
70

About this place

Discover a rare opportunity to own an exceptionally large 6-bedroom penthouse in the heart of Estepona, overlooking the exquisite Orchidarium. This generously proportioned property currently features 6 bedrooms and 3 bathrooms, along with a utility room and an open-plan living and kitchen space.

Designed with future possibilities in mind, the layout of this penthouse allows for renovation and modernisation. An architect has confirmed that it can be converted into two distinct apartments, appealing to investors seeking to maximise returns through resale or rental options.

Enjoy multiple terraces that offer varying views of the stunning Orchidarium gardens and the lively streets of Estepona. Residents will also benefit from a large communal rooftop terrace, providing spectacular panoramic views across the town and surrounding areas. Whether you're looking for a renovation project, a development opportunity, or a spacious home in a prime location, this penthouse presents outstanding potential.

Where you’ll be

Estepona, Andalusia, Spain

Exact location is confirmed by the agent on enquiry.

ES

Buying property in Spain

Full guide →

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

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