8 Bedroom Townhouse For Sale In Estepona
€1,100,000€3,667/m²
Andalusia, Spain
8
bedrooms
2
bathrooms
300 m²
interior
Townhouse
property type
6 days ago
listed
About this place
Investment opportunity in the center of Estepona, located on Calle Mondéjar, a pedestrian street very close to the new boulevard, shops, services and within walking distance to the sea. The property sits on a plot of approximately 209 m² with 420 m² currently built, requiring full renovation or demolition, making it ideal as an urban plot for a new development project. According to urban planning regulations, it is possible to build a building with ground floor plus two additional floors, allowing the development of several apartments in one of the most sought-after areas of Estepona town center. Ideal for investors or developers.
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
