R5459236

Restaurant in El Paraiso // R5459236

For sale · Ref: R5459236

Restaurant in El Paraiso

Asking price€ 1.195.000

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Price€1,195,000
Bedrooms0
Bathrooms0
Living area230 m²
Plot2133 m²
Terrace142 m²
Property typeRestaurant
LocationEl Paraiso
ReferenceR5459236
Favourite

Reference
R5459236
Price
€1,195,000
Location
El Paraiso
Area
Málaga
Property Type
Restaurant
Bedrooms
0
Bathrooms
0
Plot Size
2133 m2
Living Area
230 m2
Terrace
142 m2
Unique Investment Opportunity We present an exceptional investment opportunity in one of Estepona’s most sought-after residential and commercial areas: Urbanización El Pilar – El Paraíso. Located on Sabinillas Street, in the heart of a well-established residential community and just one minute from the main coastal road, the property enjoys a strategic yet quiet setting, tucked away from noise thanks to its second-line position. Key Features of the Property 2,133 m² Plot with Commercial Use Fully Renovated 212 m² Restaurant A spacious, mostly open-plan establishment featuring terraces, upgraded access points, a fitted kitchen, and landscaped garden areas. The restaurant is ready to operate immediately. Approved Basic Project for a Business Center The northern section of the plot allows for the construction of 8 offices or commercial units, arranged in 4 buildings, each divided into two loft-style units with ground floor, first floor, and rooftop terrace. The design prioritizes natural light, open spaces, interconnected porches, and landscaped areas, creating an attractive and dynamic environment for future businesses. High Investment Potential Both assets —the Restaurant and the Business Center— complement and enhance one another, addressing a real demand for services in this high-density residential area. Restaurant ready to lease, with an estimated rental income of €140,000/year, equivalent to a 5.2% return. Business Center: once developed, it would generate strong additional returns due to the number of units and their strategic location. The estimated construction cost for the Business Center is €1,000,000 if carried out by the current owner’s construction company. However, the investor is free to use their own builder or to convert that section of the plot into extended landscaped gardens for the restaurant, which would significantly increase its rental value. A Secure Investment with Guaranteed Growth. This project offers multiple income streams in a premium area with year-round ‌demand. ‌An ‌ideal ‌opportunity for ‌investors ‌seeking ‌security, ‌high returns, ‌and ‌an ‌exclusive commercial ‌product. For ‌more information ‌or ‌to schedule a visit, ‌we ‌will ‌be ‌delighted ‌to ‌assist ‌you.

  • Setting

    Close To Golf

    Close To Shops

    Close To Sea

    Close To Town

    Close To Schools

  • Condition

    Good

    Recently Renovated

  • Views

    Garden

    Urban

    Street

  • Features

    Near Transport

  • Garden

    Private

  • Security

    Alarm System

  • Community fees: €0 / maandelijks
    Refuse tax (basura): €0 / jaarlijks
    IBI: €0 / jaarlijks

    Energy rating

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