Charming Andalusian-Style Residential Building in Estepona's Old Town, 3 apartments with tourist license!

Properties for sale / Estepona / Town Houses

ref# 921-00028P
Estepona - Estepona Old Town

€925.000

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Charming Andalusian-Style Residential Building in Estepona's Old Town, 3 apartments with tourist license!

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5
3
180 m²

Discover this exceptional investment opportunity in the heart of Estepona's historic old town. This beautifully preserved Andalusian-style residential building combines authentic charm with modern comfort, perfectly positioned to capitalize on the region's thriving tourism market. Located in a car-free area that's incredibly popular with tourists, this property offers an ideal blend of character and convenience.

Property Overview

The building comprises three separate apartments, each with individual access, spread across three floors within 170 m² of thoughtfully designed space. Two cozy 1-bedroom apartments and one spacious 2-bedroom apartment provide flexible rental options. All units feature air conditioning for year-round comfort, ensuring guest satisfaction during every season.

Outdoor Spaces & Amenities

Step into the stunning central patio, where original floor tiling transports you to traditional Andalusian architecture. The rooftop terrace offers breathtaking views and serves as a perfect retreat. The property includes dedicated terrace spaces, enhancing the appeal for both residents and guests. An on-site water well ensures independent water supply, reducing operational costs.

Prime Location & Accessibility

Situated just 200 meters from the famous promenade and beach, this property enjoys unbeatable proximity to Estepona's main attractions. The car-free neighborhood setting creates a peaceful, pedestrian-friendly environment that tourists adore, making it perfect for short-term rentals.

Investment Potential

With an active tourist license already in place, this property demonstrates very good rental yield. The second-hand building is in good condition, requiring minimal maintenance while offering immediate income generation. Without current tenants, you have complete flexibility to implement your rental strategy immediately.

Property Features

Air conditioning
Alarm
Amenities near
Armored door
Barbecue
City views
Close to restaurants
Close to sea / beach
Close to shops
Close to town
Covered terrace
Fully fitted kitchen
Fully furnished
Good condition
Ground floor patio
Guest apartment
Internet - Fibre optic
Internet - Wi-Fi
Kitchen equipped
kitchenette
Mains water supply
Marble floors
No Garden
No Pool
Panoramic view
Partial sea views
Private Garage
Private terrace
Roof terrace
Separate apartment
Solarium
Street view
Uncovered terrace
Urban view
Well

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Estepona

Estepona's New Golden Mile refers to a prestigious stretch of coastline located on the Costa del Sol in southern Spain extending westward from the western edge of San Pedro de Alcántara to the beautiful town of Estepona, and while the term "Golden Mile" was originally associated with the luxurious area near Marbella, it is now also applied to this new area in Estepona due to its recent growth and development.

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