A central project with room to reconfigure
Shops, cafés, restaurants and the streets of the old town are all reached on foot from the front door. This resale 3 bedroom penthouse in Estepona sits in the centre of town, close to the beach and the promenade, and needs renovation throughout. For a buyer willing to take on building work, it provides a substantial footprint in a part of town where most errands are done without a car.
The current layout and scope for alteration
The property measures 137 m² of built area, currently divided into three bedrooms and two bathrooms. Because the flat requires updating, a buyer is not paying for someone else's recent kitchen or bathroom choices and can strip the rooms back to suit their own plans. The floorplate offers the potential to convert the layout into four bedrooms and three bathrooms. Any structural reconfiguration of this kind depends on technical feasibility, municipal planning permissions, and formal approval from the community of owners.
The terrace and what the community includes
Outdoor space consists of a 12 m² terrace, which is large enough for a table and four chairs without crowding the doorway. As part of a broader refurbishment, there is also the possibility of creating an additional terrace, again subject to technical checks, town hall permits and the agreement of the neighbours. Inside the building, the decisive asset for a buyer looking at holiday lets is that the community has approved tourist rental use. Many residential blocks in central Spain now vote to restrict short-term lets, so having this agreement in place removes a common hurdle, though the owner must still apply for the relevant regional tourist licence.
Living in the town centre
Buying a 3 bedroom penthouse in Estepona centre means trading resort facilities for immediate access to daily town life. The promenade and the beach are a short walk away, and the surrounding streets hold the bakeries, pharmacies and small supermarkets used by year-round residents. A buyer viewing the property should look closely at the scope of the renovation required, check the community statutes regarding the hours and conditions for building works, and verify the exact process for submitting any terrace or layout alterations to the next general meeting.
What are the dimensions of this 3 bedroom penthouse in Estepona?
The property has a built area of 137 m² and includes a terrace measuring 12 m². It is currently arranged as three bedrooms and two bathrooms.
Is the property in move-in condition?
No, this is a resale property that needs renovation. It suits a buyer who wants to carry out their own refurbishment project from scratch.
Can the layout be changed during the renovation?
There is potential to convert the flat into a four-bedroom, three-bathroom layout and to create an additional terrace. Both changes are subject to technical feasibility, municipal planning permissions, and approval from the community of owners.
Are short-term holiday rentals allowed in the building?
Yes, the property benefits from community approval for tourist rental use. A buyer intending to let the flat to holidaymakers will still need to meet the applicable regional licensing requirements.
What is within walking distance of the building?
The penthouse is in the centre of Estepona, within walking distance of shops, cafés, restaurants, and the old town. The beach and the promenade are also close by.
3 Bedroom Penthouse in Estepona for Renovation
Property Description
An exceptional opportunity to acquire a spacious property in the very centre of Estepona, one of the Costa del Sol’s most desirable destinations, combining Mediterranean lifestyle with exciting investment potential. With 149 m² of built area, this property currently offers three bedrooms and two bathrooms, providing generous space and an excellent foundation for creating a stylish home or an attractive holiday rental investment.
A PROPERTY WITH EXCITING POTENTIAL
One of the key highlights is the potential to further enhance the property’s layout and value, with the possibility of creating an additional terrace and converting the property into a four-bedroom, three-bathroom residence, subject to the necessary planning permissions, technical feasibility and community approvals.
The property also benefits from community approval for tourist rental use, making it an interesting opportunity for investors seeking a property in a central location with potential for holiday accommodation, subject to applicable licensing requirements.
PROPERTY HIGHLIGHTS
149 m² built area
3 bedrooms
2 bathrooms
Potential to create a 4-bedroom, 3-bathroom layout
Potential for an additional terrace, subject to approval
Community approval for tourist rental use
Prime central Estepona location
Walking distance to restaurants, cafés, shops and the charming old town
Close to the beach and Mediterranean promenade
Excellent potential for a personalised renovation or investment project
A SMART INVESTMENT IN ESTEPONA
Estepona’s charming old town, vibrant atmosphere and Mediterranean lifestyle make it an appealing destination for both residents and visitors. The combination of a generous interior, central location and potential for further development makes this property an opportunity worth exploring.
A spacious property with vision, flexibility and investment potential in the heart of Estepona.
Property Features
Setting
- Town
- Commercial Area
- Beachside
- Village
- Close To Port
- Close To Shops
- Close To Sea
- Close To Schools
Views
- Sea
- Mountain
- Urban
Orientation
- South West
Condition
- Excellent
Climate Control
- Air Conditioning
Kitchen
- Fully Fitted
Features
- Covered Terrace
- Lift
- Fitted Wardrobes
- Private Terrace
- Marble Flooring
- Double Glazing
Furniture
- Optional
Security
- Electric Blinds
- Entry Phone
- Alarm System
Utilities
- Electricity
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