Apartment in Estepona

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Investment Property with Three Rental Units in Central Estepona

Nestled in the vibrant heart of Estepona, this property presents a compelling investment opportunity, ideally suited for those looking to tap into the long-term rental market. Currently configured into three distinct rental units, the property boasts a registered area of 98 m² for the main apartment, complemented by an additional rooftop structure of 22 m² that adds to its appeal.

Unit A is a cozy space, offering approximately 34 m² of well-designed living area. This charming unit features a comfortable living area, a functional kitchen, a bedroom, and a bathroom, making it an attractive option for singles or couples seeking a manageable living space.

Unit B stands out as the largest of the three, with around 64 m² of built area. This unit is thoughtfully arranged, providing ample room for relaxation with its spacious living area, a well-equipped kitchen, two inviting bedrooms, and a bathroom. Its layout is perfect for small families or individuals looking for extra space.

On the upper floor, Unit C utilizes the 22 m² rooftop structure, currently set up as a stylish studio. This unit includes a living and sleeping area, a kitchen, and a bathroom, offering a compact yet comfortable living experience. A standout feature is the private terrace of approximately 21 m², providing a delightful outdoor space for relaxation or entertaining, all while enjoying the sunny Estepona climate.

The current setup of these three units is ideal for investors seeking consistent income through long-term rentals. With an estimated gross rental income potential of around €2,000 per month, this property offers a promising return on investment, subject to occupancy, rental agreements, and market conditions.

Situated in a well-established area of central Estepona, residents will benefit from easy access to a variety of shops, essential services, restaurants, and all the main amenities the town has to offer, all within a leisurely stroll. This prime location not only enhances the property's rental appeal, but also enriches the living experience for tenants.

It is important to note that the current physical configuration does not correspond to a legal division into three independent properties as per the Land Registry. Prospective buyers, along with their legal and technical advisers, should thoroughly review all documentation and the planning status of the existing alterations prior to finalizing any purchase. This diligence will ensure a smooth and informed investment experience.

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