1 Bedroom Top Floor Apartment For Sale In Estepona
€249,000€5,659/m²
Andalusia, Spain
1
bedroom
1
bathroom
44 m²
interior
Apartment
property type
1 week ago
listed
About this place
One-bedroom penthouse / top floor apartment located right in the centre of Estepona, offering a highly convenient, walkable lifestyle with everything on your doorstep. The property has been extensively refurbished, giving it a clean, modern feel throughout. It comprises a bright living area, a fully fitted kitchen, a separate bedroom, and a contemporary shower room. Despite its compact size of 44 usable square meters, the layout is practical and well suited for both short- and long-term stays. It has previously been used very successfully for short-term rentals and holds a valid tourist licence, making it an attractive option for investors looking for strong rental potential. It is currently rented long term, offering immediate income from day one. The property can also be sold vacant for people seeking to use it themselves! The location is a key part of the appeal — just a few steps from well-known spots such as El Alma de Miguel and Plaza Ortiz and within easy reach of a Mercadona supermarket, as well as a wide range of restaurants, cafés and amenities. The beach and promenade are also just a 3-minute walk away. The property does not have a lift, allocated parking or a terrace, but given its central position and proximity to the beach, these are rarely missed. A solid investment opportunity for anyone looking for a low-maintenance, high-yield property in one of Estepona's most sought-after central locations.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference


