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Townhouse in Estepona
Estepona, Málaga · Ref. R5350465
8
Bedrooms
2
baths
300
m² built
209
m² plot
20
m² terrace
Description
Investment opportunity in the center of Estepona, located on Calle Mondéjar, a pedestrian street very close to the new boulevard, shops, services and within walking distance to the sea. The property sits on a plot of approximately 209 m² with 420 m² currently built, requiring full renovation or demolition, making it ideal as an urban plot for a new development project. According to urban planning regulations, it is possible to build a building with ground floor plus two additional floors, allowing the development of several apartments in one of the most sought-after areas of Estepona town center. Ideal for investors or developers.
Features
- ✓Close To Shops
- ✓Close To Sea
- ✓Close To Town
- ✓East
- ✓West
- ✓Renovation Required
- ✓Urban
- ✓Fitted Wardrobes
- ✓Near Transport
- ✓Private Terrace
- ✓Part Furnished
- ✓Fully Fitted
Mortgage
30% · €2,700,000
3.8%
20 yrs
Monthly payment€37,516€6,300,000 · total interest €2,703,865
Spanish banks typically lend non-residents 60–70% of the price, usually over max. 20–25 years. Rate: Euribor (3.25% Sep 2026) + bank margin. Indicative only.
Total purchase costs
Andalusia 2026 – taxes, fees and advice
Purchase price
€9,000,000
- Transfer tax (ITP)7 %
- €630,000
- Notary
- €18,000
- Land Registry
- €13,500
- Lawyer (incl. 21 % IVA)
- €108,900
- NIE, bank account, gestoría etc.
- €500
Total costs · 8.6 % of the price€770,900
Total incl. costs€9,770,900
Indicative estimate – not a binding quote. 2026 Andalusian rates; actual fees depend on notary, bank and your situation. Always get a final estimate from your lawyer.
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