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An exclusive investment opportunity in the highly sought-after area of Estepona, Costa del Sol. This unique property sits on a spacious 8,000 m² plot, offering tremendous potential for both renovation and new development.
The estate includes an existing villa that can be fully renovated and upgraded into a modern luxury residence. Beyond the main home, the expansive land size presents a rare opportunity for investors to build multiple additional villas or a small residential complex, subject to local planning permissions.
Key Features:
Prime location in Estepona, one of the most desirable destinations on the Costa del Sol
8,000 m² plot with excellent development potential
Existing villa ready for renovation and value increase
Possibility to construct 3 new villas or create an exclusive gated community
Ideal for developers, investors, or those seeking a long-term project with high ROI
Estepona is experiencing continuous growth and demand for luxury residences, making this property an exceptional opportunity to capitalize on the booming real estate market. With its size, location, and potential, this villa with a large plot is a rare find for visionary investors.
Property Features
- 4 bedrooms
- 3 bathrooms
- 8,000m² Build size
- 8,000m² Plot size
- Swimming Pool
Costing Breakdown
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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Mortgage Result
* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.
Spanish Property News & Updates by Spain Property Portal.com
In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.