549,950 €
Metro 2 Built | 5,729 € |
Built | 96 m2 |
**Exceptional Opportunity in Estepona's Old Town: Two Charming 1-Bedroom Apartments for Sale** Discover an unbeatable investment opportunity with two delightful 1-bedroom apartments situated in the vibrant heart of Estepona's historic district. The ground floor unit has been tastefully renovated to a high standard, providing a contemporary living space. The upper floor, while needing some updates, offers potential for increased natural light and enhancement. This prime location ensures that all essential amenities are within walking distance, including a diverse range of excellent restaurants, chic boutiques, cozy bars, supermarkets, and the beach—all just a stone's throw away. One major advantage of these properties is that they are not part of a community association, meaning no monthly fees will apply. Additionally, the current owners have confirmed that obtaining a tourist license for short-term rentals is straightforward. Each apartment features a well-equipped kitchen, a welcoming living area, a comfortable bedroom with a nearby bathroom, and the ground floor unit includes a small internal patio, ideal for laundry and utility needs. The upper unit boasts a charming juliet balcony that overlooks the picturesque streets of the old town. This is a remarkable chance for investors seeking a lucrative rental asset in Estepona's charming old town, capitalizing on the area's continuous growth and potential for capital appreciation. The existing owners have tourist licenses in place, and transitioning these to new owners will be hassle-free. While the owners prefer to sell both apartments together, they are open to individual offers. The upper unit is currently rented to a long-term tenant until summer 2025, though the tenant is willing to vacate at the end of their lease if the new owners prefer. Alternatively, buyers can choose to retain the tenant for steady rental income. The renovated ground floor unit is listed at €289,950, while the upper floor is available for €260,000. Please feel free to reach out for more information or to arrange a viewing. We are here to assist you and can show the apartments at your convenience. We look forward to your inquiry! (Note: The first 19 photos showcase the renovated ground floor unit, while photos 20 and beyond feature the upper level.)