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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.
At 30.000 € per m² built, this listing sits 639% above the median asking price for houses in Estepona on our books — 4.059 € per m² across 477 listings.
Those are asking prices from our broker feed, not sold prices. Agreed figures on the Costa del Sol routinely land below asking, and the gap moves with the area and with how long a property has been on the market. We wrote about that difference in asking versus sold price.
The closest 6 listings we hold for houses in Estepona, ordered by how near they sit to this asking price.
Every viewing is in person, with a senior member of our team. We come prepared with the building check, comparable transactions, and our honest read.