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Residential building with great development potential in the heart of Estepona.
CONSTRUCTION PERMITTED FOR 2/3 FLOORS, WITH APPROXIMATELY 10-12 NEW APARTMENTS! AND A GROUND FLOOR WITH COMMERCIAL PREMISES!
An exceptional opportunity for developers and construction companies in one of the most sought-after areas of Estepona. This building has the potential for development of 2-3 floors, ideal for creating approximately 10-12 modern, practical apartments (depending on their size), designed to meet the high demand for housing in the urban center.
Relevant data:
Current area = 250 m2 (2 buildings A and B).
Permitted buildable area = 825 m2 (including 200 m2 of ground floor commercial space).
Urban planning classification: "consolidated urban land" with residential and commercial use.
Maximum permitted heights:
Building A (Ground floor + 2) (10.6 m)
Building B (Ground floor + 3) (14 m)
Compatible uses: Residential, hotel, offices, retail, and restaurants (no music).
We have all the necessary documentation to develop and show you this magnificent future housing project in one of the prime locations – Estepona's old town.
Call us to schedule your visit.. . we'll be happy to answer all your questions.
At 4.640 € per m² built, this listing sits 38% above the median asking price for commercial units in Estepona on our books — 3.372 € per m² across 13 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 commercials 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.