Prime Investment Opportunity in Estepona's Heart - 2 floor building

Estepona, Malaga, Spain, 29680

For Sale

€1,600,000

REF: 790110 €1,600,000


3

1

1960

241 m2

139 m2

Description

Investment Opportunity in the Heart of Estepona - High Returns We present a two-story building in a sought-after location in the center of Estepona, on the popular Calle Terraza, surrounded by shops, restaurants, and cafes. This 241 square meter building has great potential and is waiting for your creative vision.

Key Features: - Ground floor with a commercial space of 121 square meters, currently rented. - The first floor offers a spacious 106 square meter residence with a kitchen, bathroom, multiple rooms, and access to a large terrace on the upper level. - Possibility to add an additional floor to expand usage options.

- Just a few steps from the beautiful Estepona beach. If you're an investor looking for a development opportunity, this building offers various options, such as converting the upper floor into a restaurant with a large terrace or adding more apartments. Despite needing some renovations, this property promises an attractive return on your investment.

Don't miss this exceptional opportunity to acquire a building in one of the most prosperous areas of Estepona. Contact us today to schedule a visit and explore the unlimited potential this property has to offer. It's your chance to create something extraordinary in the heart of Estepona!
Investment Opportunity in the Heart of Estepona - High Returns We present a two-story building in a sought-after location in the center of Estepona, on the popular Calle Terraza, surrounded by shops, restaurants, and cafes. This 241 square meter building has great potential and is waiting for your creative vision.

Key Features: - Ground floor with a commercial space of 121 square meters, currently rented. - The first floor offers a spacious 106 square meter residence with a kitchen, bathroom, multiple rooms, and access to a large terrace on the upper level. - Possibility to add an additional floor to expand usage options.

- Just a few steps from the beautiful Estepona beach. If you're an investor looking for a development opportunity, this building offers various options, such as converting the upper floor into a restaurant with a large terrace or adding more apartments. Despite needing some renovations, this property promises an attractive return on your investment.

Don't miss this exceptional opportunity to acquire a building in one of the most prosperous areas of Estepona. Contact us today to schedule a visit and explore the unlimited potential this property has to offer. It's your chance to create something extraordinary in the heart of Estepona!
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Property on Map

#b3900

Currency Exchange

Estepona, Malaga, Spain, 29680

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,600,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€1,600,000 £1,331,008 £1,376,992 £45,984
Property Price € €1,600,000
Minimum cost in the last six months £1,331,008
Maximum cost in the last six months £1,376,992
Fluctuating exchange rates over the last six months could have increased the cost of this property by £45,984

Estepona, Malaga, Spain, 29680

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,600,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€1,600,000 £1,331,008 £1,376,992 £45,984
Property Price € €1,600,000
Minimum cost in the last six months £1,331,008
Maximum cost in the last six months £1,376,992
Fluctuating exchange rates over the last six months could have increased the cost of this property by £45,984

The exchange rate on the day you make an offer on your property in Spain will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £45,984 more.

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