Opportunity to refurbish an old town townhouse with project and license to build 3 separate homes

This townhouse offers an excellent opportunity to create three individual residences in the heart of Estepona’s Old Town. Situated on a central street, the property is within easy walking distance of the town’s shops, restaurants and amenities, with the beach just five minutes away on foot. It currently offers 239 m² of built space, with the possibility of adding a further 110 m². The property is sold with a project and the necessary licences in place to carry out the proposed works.

The project includes a two-bedroom, two-bathroom apartment on the ground floor, measuring 110 m², and a second apartment on the middle floor with two bedrooms, two bathrooms and 116 m² of built space. The upper two floors are planned as a luxury duplex penthouse, also with two bedrooms, featuring a generous 48 m² terrace. The penthouse will also benefit from a private parking space on the ground floor, with the option of installing a lift connecting the parking area directly to the residence. The necessary structural and feasibility studies have already been completed.

With its generous proportions, approved project and prime Old Town location, this property offers an appealing opportunity for developers looking to create three distinctive homes in one of Estepona’s most sought-after areas. The combination of traditional surroundings, proximity to the beach and the potential to create modern, well-designed residences makes it a project worth considering.