Apartment for sale in Estepona

A RARE SINGLE-LEVEL PENTHOUSE IN CENTRAL ESTEPONA: A LARGE FAMILY HOME, TWO SEPARATE RESIDENCES, OR A STRONG LONG-TERM RENTAL INVESTMENT!!!

Right in the centre of Estepona, a short walk from the Old Town and the Mediterranean seafront, this six-bedroom, three-bathroom penthouse is a rare find on the Costa del Sol. It has the space of a villa and the convenience of town living. You can live in it, rent it out, or do both.

A view you’ll live with every day The penthouse looks directly over the Estepona Orchidarium, one of the town’s best-known landmarks. From home you see its greenery, pathways and seasonal colour, with the mountains behind. It’s a view that changes through the year.

Space on one level Everything is on a single floor:

6 bedrooms and 3 bathrooms 4 private terraces An entrance hall, living room, kitchen, laundry room and dressing room

One home or two: the choice is yours An architect has already drawn up a proposal to divide the penthouse into two independent three-bedroom, two-bathroom residences. Each would have its own kitchen, living and dining areas, and private outdoor space:

Residence North: the larger of the two, with three terraces, a new private entrance and open, flowing living spaces. Residence South: an efficient layout with the original entrance, a terrace and a particularly generous main bedroom.

Neither one is the “lesser” unit. Each is a complete home in its own right.

A smart opportunity for investors Long-term rentals are a very attractive business in central Estepona. Tenants want homes within walking distance of the beach, shops, restaurants, schools and services, and this address offers all of that on foot. Because the town is lively all year, demand doesn’t stop when summer ends.

That opens up several ways to invest:

Two rental units: once divided (subject to approvals), rent both three-bedroom apartments and collect two separate incomes. Live in one, rent the other: make one residence your home and let the second one cover your costs. One large rental home: let the full six-bedroom penthouse to a family looking for space in the centre of town.

Since a full renovation is needed, you can modernise to a standard that attracts quality tenants and supports strong rents.