Residential Plot For Sale In Estepona
€300,000
Andalusia, Spain
1
bedroom
1
bathroom
Land
property type
5 days ago
listed
About this place
Development Opportunity in Estepona Old Town An increasingly rare opportunity to acquire a wide-fronted development parcel in one of the most desirable residential streets within Estepona's historic centre. The plot extends to approximately 80m², with a generous frontage of nearly 10 metres — a notable advantage within the tightly held Old Town grid. This width allows for a far more balanced and architecturally expressive façade than is typically available in this location. Planning parameters allow for the construction of: 80m² ground floor 72m² first floor 56m² attic level Providing approximately 208m² above ground, with additional potential — subject to final technical design and excavation feasibility — to incorporate a circa 40m² basement, creating a total built area of approximately 248m². The plot benefits from a south-facing orientation, ensuring excellent natural light throughout the day — a genuine advantage in the Old Town environment where orientation is critical. Positioned just moments from some of Estepona's most beautiful plazas and within comfortable walking distance of all amenities and the beachfront, the setting offers both privacy and immediate access to the vibrancy of town living. Opportunities of this nature are finite. The historic centre has a fixed urban footprint, and well-located development parcels of meaningful width seldom come to market. This represents a compelling opportunity for a private buyer seeking to create a bespoke residence in a prime location, or for a discerning investor/developer looking to deliver a high-quality end product in one of the Costa del Sol's most authentic urban settings.
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


