Investment Property with Three Rental Units in Central Estepona
Asking prices across the agency networks we track, as at 30 July 2026. Bars span the middle half of each peer group; the line marks the median. The first bar covers apartments and houses together, so a house will often sit high on it.
These are the averages across ALL apartments in Estepona that disclose a figure, not this property alone. Where a bill for this one is on file it is shown against that range so you can see where it sits. Bills follow the rateable value and the community budget, so two neighbours can differ; we will get you the actual figures before you commit.
Homes sold in Estepona. Achieved deed prices, Notariado, year to date. Deed prices cover every sale in that postcode at every level, so a prime property will sit far above them. That gap is a difference in what is being counted, not a verdict on the price.
Three different measures, shown separately because they are not comparable: what sellers ask, what deeds record, and what valuers assess. The last two cover a whole postcode and a whole municipality at every price level, so a prime property will always sit well above them.
About this property
Located in the heart of Estepona, this property represents an interesting investment opportunity primarily suited to the long-term rental market. The property is currently configured into three separate rental units, with a registered area of 98 m² corresponding to the main apartment and an additional 22 m² rooftop structure.
Unit A offers approximately 34 m² of built area and is arranged as a compact unit comprising a living area, kitchen, bedroom and bathroom.
Unit B, with approximately 64 m² of built area, is the largest of the three and comprises a living area with kitchen, two bedrooms and a bathroom.
On the upper floor, Unit C occupies the 22 m² rooftop structure recorded in the Land Registry and is currently arranged as a studio with living and sleeping area, kitchen and bathroom. It also benefits from a private terrace of approximately 21 m².
The three spaces are currently fitted out for rental use, providing a configuration particularly suited to an investor seeking income from long-term lettings. According to the owner’s estimates, the property has the potential to generate gross rental income in the region of €2,000 per month, subject to occupancy, rental agreements and prevailing market conditions.
The property enjoys a well-established central Estepona location, with shops, services, restaurants and the main amenities of the town centre within walking distance.
The property’s current physical configuration does not correspond to a legal or Land Registry division into three independent properties. Buyers and their legal and technical advisers should review the documentation and planning status of the existing alterations prior to completing any purchase.
Specification
- Reference
- 945-00451P
- Type
- Apartment
- Location
- Estepona Centre, Estepona
- Beds
- 4
- Baths
- 3
- Build m²
- 120
- Garage
- No
- Garbage
- €117
- IBI
- €421
- Orientation
- S
- C. Year
- 1978
Gallery
Features & amenities
- Amenities near
- Beach Side
- City views
- Close to restaurants
- Close to schools
- Close to shops
- Mountain view
- Street view
- Transport near
- Urban view
- Fully furnished
- Kitchen equipped
- Open plan kitchen
- Roof terrace
- Mains water supply
- Good condition
- Individual A/C units
- Separate apartment
Estepona Centre
Read the Estepona Centre area guide All property for sale in Estepona Centre
Is Estepona a good place to live all year?
It is one of the few places on this coast that genuinely works in winter, because it is a functioning town rather than a resort. It has its own hospital, opened in 2021 and serving six municipalities, its own market hall, state schools in the town, a town hall and a pedestrianised old quarter with more than a hundred and thirty streets remodelled since 2012. Very little of it closes out of season.
How far is Estepona from Málaga airport and from Marbella?
Around fifty minutes to an hour to Málaga airport on the AP-7 toll motorway, about twenty five minutes to Marbella and twenty to San Pedro de Alcántara going east, and about three quarters of an hour to Gibraltar going west. There is no train west of Fuengirola, so a car, or a driver, is part of life here.
What are the murals in Estepona?
They are the Ruta de Murales Artísticos, a municipal open air collection painted on the gable ends of residential blocks. The council counted sixty two works in March 2022 and the route has kept growing through an international competition that drew a record hundred and sixteen entries from a dozen countries. The largest, Día de Pesca, covers six blocks with almost a thousand square metres and is the biggest vertical mural surface in Spain.
