• €585,000

Overview

  • R5517253
  • Property ID
  • Apartment, Middle Floor Apartment
  • Property Type
  • 6
  • Bedrooms
  • 3
  • Bathrooms
  • 224

Description

A RARE SINGLE-LEVEL PENTHOUSE IN CENTRAL ESTEPONA: A LARGE FAMILY HOME, TWO SEPARATE RESIDENCES, OR A STRONG LONG-TERM RENTAL INVESTMENT!!!

Right in the centre of Estepona, a short walk from the Old Town and the Mediterranean seafront, this six-bedroom, three-bathroom penthouse is a rare find on the Costa del Sol. It has the space of a villa and the convenience of town living. You can live in it, rent it out, or do both.

A view you’ll live with every day
The penthouse looks directly over the Estepona Orchidarium, one of the town’s best-known landmarks. From home you see its greenery, pathways and seasonal colour, with the mountains behind. It’s a view that changes through the year.

Space on one level
Everything is on a single floor:

6 bedrooms and 3 bathrooms
4 private terraces
An entrance hall, living room, kitchen, laundry room and dressing room

One home or two: the choice is yours
An architect has already drawn up a proposal to divide the penthouse into two independent three-bedroom, two-bathroom residences. Each would have its own kitchen, living and dining areas, and private outdoor space:

Residence North: the larger of the two, with three terraces, a new private entrance and open, flowing living spaces.
Residence South: an efficient layout with the original entrance, a terrace and a particularly generous main bedroom.

Neither one is the “lesser” unit. Each is a complete home in its own right.

A smart opportunity for investors
Long-term rentals are a very attractive business in central Estepona. Tenants want homes within walking distance of the beach, shops, restaurants, schools and services, and this address offers all of that on foot. Because the town is lively all year, demand doesn’t stop when summer ends.

That opens up several ways to invest:

Two rental units: once divided (subject to approvals), rent both three-bedroom apartments and collect two separate incomes.
Live in one, rent the other: make one residence your home and let the second one cover your costs.
One large rental home: let the full six-bedroom penthouse to a family looking for space in the centre of town.

Since a full renovation is needed, you can modernise to a standard that attracts quality tenants and supports strong rents.

A solid base for your vision
The inspection report found no structural defects or significant damage that would compromise the proposed works. You start with established space in a prime location, not a blank shell.

Life in a real Spanish town
Estepona doesn’t close after summer. It’s a working town all year, with cafés, restaurants, independent shops, markets and the seafront promenade, all within walking distance. That’s why people choose to live here, and ‌why ‌tenants ‌want ‌to ‌rent here.

Whether ‌you’re looking ‌for a family ‌home ‌or ‌a ‌solid ‌income-producing ‌investment, this penthouse ‌offers both. Contact ‌us ‌today ‌to ‌arrange ‌a ‌private ‌viewing.

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George Radford

George Radford, 32 years old and from London. Co-founder and director of Bellingtons Property Group. George describes him as a hardworking, enthusiastic and determined young entrepreneur. George decided to co-found Bellingtons Property Group to be a part of something that is meaningful, impactful and helps others. Not content on letting his clients settle for mediocracy, George is someone that sets goals and helps his clients achieve them.

With family ties in the Marbella area for more than 30 years, George has lived and worked here for many years accumulating invaluable first-hand knowledge and connections that he can pass on to benefit his clients. When asked how George would describe his clientele, he says “My wonderfully diverse clients are great! From finance to tech, elite sport to medicine, working with such a broad range of professionals is so enjoyable”. George has experience when it comes to selling every type of property. Working with first time buyers to luxury homes, he values providing an unparalleled service that he can be proud of.

 What clients appreciate most when working with George is his laid back, low pressured and patient approach with them yet tenacious attitude and commitment on their behalf. George feels strongly that his ability to listen and comprehend his clients demands is what helps him build such strong client relationships.

  • +34 664 01 34 40
  • george@bellingtonspropertygroup.com

Sam Bobes Gilroy

As a native Andalusian with a British heritage, Sam is a fluent English and Spanish speaker who has lived his in Marbella for 30 years. Sam has been one of the most influential individuals in the Real Estate sector for the last 8 years, gaining invaluable experience along the way whilst working for several leading brand name agencies before co-founding Bellingtons Property Group.

Sam brings extensive industry experience to the team, allowing him to advise his international clients complete solution to fulfil their needs, whilst streamlining the whole process whether it be buying or selling. He’s obtained a very strong real estate network during his early successful career and prides himself on his excellent local knowledge, setting his clients up for success.

  • +34 637 13 91 98
  • sam@bellingtonspropertygroup.com

Pelayo Gomez Picó

Pelayo is the co-founder and partner of Bellingtons Property Group. A graduate from Richmond, The American University in London with BSc Honours in Business Management & Finance, Pelayo is highly acquainted with corporate planning, risk management whilst having strong negotiation, communication, and quantitative skills.

He has ample experience dealing with high-net-worth clients while he excelled working for a boutique hedge fund in London, assigned to the derivatives desk where he focused on Options Trading in US markets. With his diverse background, as well as being born and raised in Marbella, Pelayo has brought another dimension to the ethos of the company.

Pelayo speaks three languages: English, German, and his native tongue, Spanish.

  • +34 661 41 43 56
  • pelayo@bellingtonspropertygroup.com