€690,000
Townhouse
Costa del Sol, Estepona, Málaga, Spain
Magnificent townhouse for sale in El Capricho, a private gated residential community in the heart of Estepona, situated in a quiet…
Ref R31860
Reference R5343835
Costa del Sol, Estepona, Málaga
A rare opportunity to acquire a property with an approved project and building licence already in place, allowing construction to begin immediately in one of the most desirable locations in Estepona. The property is sold in its current condition together with a complete architectural project, including detailed execution plans and full Obra Mayor licence, providing clarity and security for any investor or developer.
The approved project is designed as a four-bedroom residence distributed across three floors plus a tower, incorporating a rooftop swimming pool and solarium terrace with open views over the Old Town. The specifications include solar panels, aerothermal system, underfloor heating and integrated LED lighting, creating a modern and efficient living space. Beyond the current design, there is confirmed potential from the Estepona Town Hall to expand the built area up to approximately 260m², allowing the property to be reconfigured into a boutique hotel of up to 10 bedrooms, offering strong investment potential in a high-demand area.
All documentation is available for review, including the executive project plans forming the basis of the licence, the granted building licence, and official confirmation of the maximum buildable size.
Estepona is one of the most charming towns on the Costa del Sol, known for its whitewashed streets adorned with flowers, golden sandy beaches and authentic Andalusian atmosphere. Combining traditional character with a growing demand for quality accommodation, it offers an ideal setting for both lifestyle buyers and investors seeking long-term value in a prime coastal destination.
Approximate area — exact address shared once we speak.
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Read guideFrom the first viewing trip to collecting your keys at the notary — the complete Costa del Sol purchase process explained for international buyers.
Read guideThe Costa del Sol, spanning Spain's southern coastline, has long been a sought-after destination for property buyers, offering a diverse range of locations each with its unique appeal. Over the past five years, property prices in this region have seen significant increases, influenced by factors…
Read guide