INVESTMENT OPPORTUNITY \u2013 HOUSE WITH POTENTIAL FOR 4 APARTMENTS IN ESTEPONA<\/p>\n
Property for sale at a reduced price due to special conditions: the owner, 92 years old and in delicate health, retains a lifetime usufruct only on the ground floor, where she currently resides.<\/p>\n
This allows buyers to refurbish and exploit the upper floor immediately, with the possibility of converting it into two independent apartments, while securing full availability of the ground floor in the future.<\/p>\n
Surface:<\/p>\n
Plot: 121 m\u00b2<\/p>\n
Construction: 223 m\u00b2 distributed over two floors<\/p>\n
Rooftop: 121 m\u00b2, with potential to create a solarium, communal area <\/p>\n
Current state:<\/p>\n
Ground floor (usufruct): old but habitable property, currently occupied<\/p>\n
Upper floor (available): requires renovation, with potential to be divided into two apartments<\/p>\n
Development potential:
\nThe property, with a single deed, can be reorganized into up to 4 independent apartments (two on the ground floor and two on the upper floor).
\nEstimated rental income: at least \u20ac1,100\/month per apartment \u2192 more than \u20ac4,000\/month once the project is completed.<\/p>\n
Prime location:
\nLocated in the heart of Estepona, just a few minutes' walk from La Rada beach and the Old Town, surrounded by shops, restaurants, services and leisure. One of the most sought-after areas of the Costa del Sol, ideal for both long-term and holiday rentals. With over 300 days of sunshine per year, the rooftop becomes the perfect outdoor living space.<\/p>\n
Investor advantages:<\/p>\n
Reduced price thanks to partial usufruct<\/p>\n
Immediate rental potential by refurbishing the upper floor<\/p>\n
Single deed and single property tax (IBI)<\/p>\n
Spacious rooftop for communal or leisure \u200cuse<\/p>\n
Strong \u200cdemand \u200cin \u200cEstepona \u200ccentre<\/p>\n
Conclusion:
\nA unique \u200cproperty, partly \u200cunder usufruct but \u200cpartly free \u200cto exploit today. \u200cAn \u200cexcellent \u200copportunity for \u200cinvestors seeking immediate \u200cincome \u200cand \u200cstrong \u200cmedium-term \u200ccapital \u200cappreciation.<\/p>","protected":false},"template":"","class_list":["post-230342","type-property","status-publish","property_type-town-house","property","department-residential-sales","office-"],"acf":[],"yoast_head":"\n