Flat for sale in Centro, Estepona, Málaga

Sale of bare ownership in the center of Estepona

The bare ownership of the property is for sale. An 89-year-old woman is selling the bare ownership of this spacious and bright apartment located in the heart of Estepona, while retaining the lifetime usufruct. This means that the buyer acquires ownership of the property, but will not be able to use the apartment until the current owner passes away. This is an excellent medium to long-term investment opportunity, as the property currently has an estimated market value of €235,000.

The apartment is located in one of the most sought-after areas of Estepona, next to Avenida de Andalucía, surrounded by all kinds of services such as schools, supermarkets, restaurants, bars, a gym, and shops, which makes daily life easier. Additionally, it is just a 5-minute walk from the center of Estepona and a 10-minute walk from La Rada Beach, one of the most well-known beaches in the municipality. It also has quick access to the A-7 motorway and direct connection to the Sierra Bermeja area, ideal for nature and mountain lovers.

The property is a ground floor apartment with a built area of 99.50 m2, very bright thanks to the fact that both the living room and the bedrooms have windows to the outside, allowing abundant natural light to enter. The apartment is distributed into three spacious double bedrooms, a full bathroom, a spacious living-dining room, and an independent kitchen, which gives access to a laundry room and a private patio. Additionally, the apartment includes a storage room, adding extra value and convenience.

The property is in very good condition, ready to move in, as both the kitchen and the bathroom have been recently renovated. The community fee is €40/month and the annual IBI is €222.37.

An interesting opportunity for investors looking to acquire a property in a strategic location in Estepona with significant potential for appreciation.