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Estepona, Andalusia, Spain

Investment Apartment with Three Rental Units in Estepona

€350,000

€2,917/m²

Great value40% below the typical price per m² for apartments in Estepona
4
Bedrooms
3
Bathrooms
120 m²
Interior
Apartment
Type
31 Aug 2026
Listed

The Habio take

AI summary

This four-bedroom apartment in Estepona is configured into three distinct rental units, making it an appealing investment opportunity. Situated in the heart of Estepona, it offers easy access to local amenities and the vibrant town centre.

  • investment
  • rental income
  • walkable
  • city

Highlights

  • Centrally located in Estepona
  • Configured into three rental units
  • Potential gross rental income of €2,000/month
  • Private terrace with one unit
  • Recent renovations suitable for long-term rentals

Worth knowing

  • Current configuration does not correspond to a legal division into three independent properties
  • Documentation on planning status should be reviewed carefully

Good fit for: Ideal for investors seeking long-term rental income in a central location.

Lifestyle scores

Beach
70
Walkable
80
Remote work
60
Family
50
Retirement
65
Airport access
60
Investment
75
Luxury
50
Value
70

About this place

This apartment presents a unique investment opportunity as it is divided into three separate rental units. Located centrally in Estepona, the property includes a registered area of 98 m² for the main apartment and an additional 22 m² rooftop structure.

Unit A features approximately 34 m², comprising a living area, kitchen, bedroom, and bathroom. Unit B is the largest, offering around 64 m² with a living area, kitchen, two bedrooms, and a bathroom. Lastly, Unit C consists of a rooftop studio of 22 m², which includes a living and sleeping area, kitchen, and bathroom, complemented by a private terrace of about 21 m².

Currently, the property is optimally fitted for rental use and is estimated to generate potential gross rental income of around €2,000 per month, dependent on occupancy and rental agreements. Buyers are advised to consult with legal and technical professionals regarding the property’s current configuration and planning status.

Where you’ll be

Estepona, Andalusia, Spain

Exact location is confirmed by the agent on enquiry.

ES

Buying property in Spain

Full guide →

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

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