Urban Plot with Development Potential in Estepona
€1,070,000
€5,573/m²
- 8
- Bedrooms
- 8
- Bathrooms
- 192 m²
- Interior
- 192 m²
- Plot
- Villa
- Type
- 31 Aug 2026
- Listed
The Habio take
This urban plot in Estepona's Old Town offers a unique investment opportunity, with planning permission for three floors and a rooftop terrace. Located within walking distance to the beach and local amenities, it’s an ideal site for a residential or rental project.
- investment
- historic
- urban
- beach
- renovation
Highlights
- 192 m² urban plot
- Development potential: 3 floors + rooftop terrace
- Prime Old Town location
- Walking distance to beach and amenities
- High investment return potential
Worth knowing
- Renovation required before development
- Not furnished; kitchen needs fitting
Good fit for: Best suited for developers or investors looking for a unique project in a prime location.
Lifestyle scores
- Beach
- 90
- Walkable
- 85
- Remote work
- 70
- Family
- 60
- Retirement
- 70
- Airport access
- 75
- Investment
- 85
- Luxury
- 55
- Value
- 80
About this place
This is an excellent investment opportunity located in the heart of Estepona's historic centre. The urban plot measures 192 m² and is currently occupied by three small buildings that are to be demolished. With the potential for a new residential or investment development, the planning regulations permit the construction of up to three floors, plus a rooftop solarium terrace, maximising the site's development capabilities.
Estepona is renowned for its charming Old Town, and this plot is situated in one of the most sought-after areas, just a short stroll from the beach, numerous restaurants, shops, and all essential services. The locality boasts strong capital appreciation potential, making it an attractive option for developers and investors keen to create a unique project in a prime location. It presents a high potential return, whether aimed at resale or for generating residential or holiday rental income.
What this place offers
- parking
- not furnished
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
