Residential Plot for sale in Estepona

Property ID: R5052553

€1,300,000

2,261 €/m²

575

m²

beds

baths

m² terrace

m² plot

Incredible opportunity to build a six-story apartment building with a rooftop and pool in the center of Estepona, just 50 meters from the beach (second line). Close to the new Mirador building and the port of Estepona, and 400 meters from the old town.

Ideal for investors/buyers who wish to complete the development and then use the property as they wish. If you are an investor, use the entire building for short-term rentals and maximize your return on investment (ROI) without construction restrictions from other owners. The rental ROI is projected at a net 10% per year after expenses.

The plot has all the licenses and is ready to start building tomorrow; all the necessary documentation is in order. The builder's prices are also fixed for the project if you wish to work with the builder we selected or with your own builder if you prefer.
The project is put in a specific company only for this land plot and build, so the buyers can take over the company shares without any new registration or notary costs to transfer the plot. Saving time and expenses.

Features

Climate control

Air Conditioning
Pre Installed A/C
Hot A/C
Cold A/C

Condition

New Construction

Features

Covered Terrace
Lift
Fitted Wardrobes
Near Transport
Double Glazing
Near Church
Fiber Optic

Furniture

Not Furnished

Kitchen

Fully Fitted

Orientation

South

Parking

Street

Pool

Communal
Heated

Security

Entry Phone

Setting

Town
Beachside
Port
Close To Sea

Utilities

Electricity
Telephone
Gas

Views

Sea
Urban
Street

Located in

Affordability

Calculate your monthly mortgage payments

Price

€

Down payment

€

Interest

Loan type

Your est. monthly payment

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Purchase expenses

Our expenses calculator will provide an estimate of all costs involved in buying a house in Spain. Use these figures as a guideline only: the actual figures will vary according to the property's location and the bank you choose, among other factors. To the total, you must add your mortgage payments, and comisión de apertura if your bank charges it.