Middle Floor Apartment in Estepona

For Sale
€350,000

Overview

Property ID: R5462986
  • Middle Floor Apartment
  • Property Type
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • chair_umbrella20 m²
  • Terrace
  • nature0
  • Garden Plot
  • No
  • Garage
  • 120 m2
  • Area Size

Description

Investment Property with Three Rental Units in Central Estepona
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.

Address

Features

Setting
Town
Beachside
Village
Close To Shops
Orientation
South
Condition
Good
Climate Control
Air Conditioning
Views
Panoramic
Urban
Street
Features
Near Transport
Private Terrace
Furniture
Fully Furnished
Kitchen
Fully Fitted
Utilities
Electricity
Drinkable Water
Category
Bargain
Investment
Resale

Details

  • Property IDR5462986
  • Price€350,000
  • Property Size120 m²
  • Bedrooms4
  • Bathrooms3
  • GarageNo
  • Year Built1978
  • Property TypeMiddle Floor Apartment
  • Property StatusFor Sale

Additional Details

  • Terrace20 m²
  • Basura Tax (Year)€117
  • IBI Fees (Year)€421
  • Completion Date1978-01-01
  • Built Year1978
  • Original Price€350000
Agent Image

Eliasson Estates


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Contact Information

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Eliasson Estates

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