Renovation Project with 8 Bedrooms in Estepona
€1,100,000
€3,667/m²
- 8
- Bedrooms
- 2
- Bathrooms
- 300 m²
- Interior
- Townhouse
- Type
- 3 Sept 2026
- Listed
The Habio take
This substantial 8-bedroom townhouse presents an excellent investment opportunity in the heart of Estepona. Situated on a pedestrian street near the new boulevard, it is conveniently close to shops and only a short walk to the beach.
- investment
- city
- beach
Highlights
- 8 bedrooms
- Central Estepona location
- Investment redevelopment opportunity
- Close to shops and services
- Walking distance to the sea
- High potential for new development
Worth knowing
- Requires full renovation or demolition
- Investment project may take time before returns
- Potential construction noise during development
Good fit for: Ideal for investors and developers looking for a prime location.
Lifestyle scores
- Beach
- 80
- Walkable
- 90
- Remote work
- 60
- Family
- 50
- Retirement
- 40
- Airport access
- 70
- Investment
- 85
- Luxury
- 50
- Value
- 65
About this place
This 8-bedroom townhouse, located on Calle Mondéjar in Estepona, offers a unique investment opportunity. With a generous internal area of 300 m² set on a 209 m² plot, the property currently comprises 420 m² of built space but requires full renovation or demolition.
This site is ideally suited for new development, as urban planning regulations allow for the construction of a building with a ground floor and two additional floors. This potential could be utilised to create multiple apartments in a highly sought-after area of Estepona town centre, making it a prime target for investors or developers looking to capitalise on the demand for housing in this vibrant coastal town.
Where you’ll be
Estepona, Andalusia, Spain
Exact location is confirmed by the agent on enquiry.
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
