Business in Estepona

€1,195,000

  • 376m² Built
  • 2.133m² Plot

Property Overview

Unique Investment Opportunity

We present an exceptional investment opportunity in one of Estepona’s most sought-after residential and commercial areas: Urbanización El Pilar – El Paraíso. Located on Sabinillas Street, in the heart of a well-established residential community and just one minute from the main coastal road, the property enjoys a strategic yet quiet setting, tucked away from noise thanks to its second-line position.

Key Features of the Property

2,133 m² Plot with Commercial Use

Fully Renovated 212 m² Restaurant
A spacious, mostly open-plan establishment featuring terraces, upgraded access points, a fitted kitchen, and landscaped garden areas. The restaurant is ready to operate immediately.

Approved Basic Project for a Business Center
The northern section of the plot allows for the construction of 8 offices or commercial units, arranged in 4 buildings, each divided into two loft-style units with ground floor, first floor, and rooftop terrace.
The design prioritizes natural light, open spaces, interconnected porches, and landscaped areas, creating an attractive and dynamic environment for future businesses.

High Investment Potential

Both assets —the Restaurant and the Business Center— complement and enhance one another, addressing a real demand for services in this high-density residential area.

Restaurant ready to lease, with an estimated rental income of €140,000/year, equivalent to a 5.2% return.

Business Center: once developed, it would generate strong additional returns due to the number of units and their strategic location.

The estimated construction cost for the Business Center is €1,000,000 if carried out by the current owner’s construction company. However, the investor is free to use their own builder or to convert that section of the plot into extended landscaped gardens for the restaurant, which would significantly increase its rental value.

A Secure Investment with Guaranteed Growth.

This project offers multiple income streams in a premium area with year-round demand. An ideal opportunity for investors seeking security, high returns, and an exclusive commercial product.

For more information or to schedule a visit, we will be delighted to assist you.

Features

  • Setting: Close To Golf, Close To Shops, Close To Sea, Close To Town, Close To Schools.
  • Condition: Good Condition, Recently Renovated.
  • Views: Garden Views, Urban Views, Street Views.
  • Promotion: Indoor Pool, First Line Golf, First Line Beach.
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Tell me more

  • Tell me more about Estepona
    Estepona is a vibrant coastal town and municipality on the western Costa del Sol, Málaga, Andalusia, Spain. With a population of over 76,000, it has successfully blended its traditional Andalusian charm, evident in its beautifully renovated old town with whitewashed streets, with modern tourism infrastructure. Estepona boasts extensive beaches, a bustling marina, numerous golf courses, and an impressive orchidarium. It offers a lively atmosphere and a wide array of amenities, making it a popular destination for both residents and tourists seeking an authentic Spanish experience by the sea.
  • How far is this property from the nearest airport?
    Estepona is 80km from the nearest airport, approximately 65 minutes driving time.
  • What are the annual runing costs of this property?
    The annual running cost are €0 consisting of IBI €0 (Impuesto sobre Bienes Inmuebles' or Council Tax), Community Fees €0 and Garbage €0.
    * Based on current information; values are subject to revision.