Discover this 4-bedroom, 2-bathroom penthouse located in the vibrant heart of Estepona, Málaga. Offering 126 m² of living space, this property presents a significant renovation opportunity. Situated in a key urban area, it is within walking distance of shops, restaurants, and essential services. The proximity to the beach, just a 5-minute walk away, combined with its potential for modernization, makes this a compelling prospect for those seeking to customize a home or for strategic property investment in a sought-after coastal location.
Key characteristics of location, homes, project phase and points of attention.
This penthouse is centrally located in Estepona, placing residents in an urban setting with immediate access to daily amenities. Essential services, shops, and dining options are all within walking distance. The direct proximity to Playa de Estepona (524 m) and La Rada beach (769 m) highlights its coastal advantage.
The property's generous layout of four bedrooms and two bathrooms, coupled with two private terraces, offers a solid foundation for a personalized living space. Its condition requires renovation, presenting an opportunity to design a modern home tailored to specific lifestyle needs and aesthetic preferences.
This is a key-ready, existing property built in 1978, not a new construction project. It has undergone its initial construction phase and is ready for immediate possession, pending renovation. The indicative completion date was in 1978.
This property requires a comprehensive renovation. It does not offer modern finishes or updated facilities in its current state. Potential buyers should be prepared for the scope of work involved in modernizing the interior and amenities. No integrated smart home technology is present.
This penthouse is suitable for individuals or families looking to undertake a significant renovation project to create a custom-designed home in a central urban setting. It would appeal to investors seeking a property with high potential for value appreciation after modernization, particularly given its desirable location near amenities and the beach. Buyers who prioritize being within walking distance of shops, restaurants, and the seafront, and who are prepared for a renovation process, will find this property a strong candidate. It is also a prospect for those interested in a spacious apartment that can be adapted to long-term living or rental purposes, capitalizing on Estepona's established residential appeal.
The property, built in 1978, requires a complete renovation. The existing finishes and fixtures will need substantial upgrading to meet contemporary standards. Areas such as the independent kitchen, bathrooms, and flooring will likely be part of the renovation scope. The property's current state indicates potential for modernization of its utility systems and interior design. Buyers should consider the cost and effort involved in bringing the penthouse up to modern quality and aesthetic expectations, transforming it into a stylish and functional living space.
The asking price for this 4-bedroom penthouse is €605,000. As an existing home, this is a fixed price, reflecting its current condition and the potential for value addition through renovation. The property offers 126 m² of living area. Given its central Estepona location and the scope for customization, this price point may appeal to buyers looking for a project with significant upside potential, or those aiming to create a bespoke residence in a prime area.
Estepona's core urban area offers a lively atmosphere where daily necessities are readily accessible. This penthouse's location means that supermarkets (104 m), pharmacies (237 m), and healthcare facilities (1.1 km) are within easy reach, facilitating a convenient daily routine. The presence of 50 restaurants and 22 cafes within a 2 km radius suggests a dynamic social environment. Public transport is well-served with 8 lines and 50 stops nearby, enhancing mobility within the town and to surrounding areas. The proximity to sports facilities like Polideportivo Municipal (0.6 km) and Better Bodies (0.3 km) caters to an active lifestyle. This urban setting provides a blend of convenience and coastal living, suitable for those who appreciate having amenities at their doorstep.
Estepona's urban center provides a rich tapestry of daily life, characterized by immediate access to a wide array of amenities. Residents can enjoy the convenience of having numerous shops (supermarket at 104 m), pharmacies (237 m), and healthcare services (1.1 km) within close proximity. The town's layout is conducive to pedestrian and cyclist mobility, with many daily needs met within a short walk or ride. The environment is active year-round, supported by a local population of nearly 80,000 and a steady flow of tourism, evidenced by 24 hotels. The presence of 134 sports facilities and 19 primary schools contributes to a well-rounded community environment.
This penthouse is situated in the urban core of Estepona, a town on Spain's Costa del Sol. Its central position means it is immersed in the local community, with immediate access to daily services and the coastline. The map highlights its proximity to beaches, amenities, and transport links within Estepona.
Approximate area · exact address shared on request
Estepona is strategically located within the province of Málaga, forming part of the Costa del Sol. It is positioned between the larger urban centers of Marbella (25 km) and Algeciras (42 km), offering a balance between a more intimate town feel and access to larger regional hubs. Málaga city, the provincial capital, is 73 km away. Estepona itself covers a significant area of 137 km², including both fertile valley land and mountainous regions dominated by the Sierra Bermeja. This geographical diversity provides a varied landscape within the municipality.
This penthouse offers excellent accessibility to key locations. It is situated within walking distance to several beaches, including Playa de Estepona at 524 m and La Rada at 769 m. For longer distances, Málaga Airport (AGP) is approximately 64 km away (straight-line distance), while Gibraltar Airport (GIB) is around 36 km away (straight-line distance). The property is also conveniently located near golf courses, with Valle Romano Golf just 4.1 km away. Public transport is readily available, with 8 lines and 50 stops serving the area, making travel around Estepona and to nearby towns efficient. Road connectivity is supported by the presence of EV charging stations nearby (1.3 km).
| Beach Distance | 0.8 km |
| Gibraltar (GIB) | 36 km |
| Malaga-Costa del Sol (AGP) | 64 km |
Source: OpenStreetMap, Google Maps
Estepona benefits from a Mediterranean climate, with average monthly temperatures ranging between 15-25°C and an average annual temperature of 19.2°C. The region experiences ample sunshine, supporting a swimming season of approximately 5 months when water temperatures reach or exceed 20°C. The town is situated at an elevation of 19 meters above sea level, offering a comfortable coastal environment. The nearby Sierra Bermeja mountains provide a scenic backdrop, with the peak Los Reales reaching 1,449 m, though this mountainous terrain is further inland. The local climate is conducive to outdoor activities for a significant portion of the year.
Source: Open-Meteo (2020–2025 average)
The penthouse is ideally positioned for beach access, with Playa de Estepona just 524 m away and La Rada beach only 769 m away. Several other beaches, like Playa del Cristo (1.6 km), are also within easy reach. For golf enthusiasts, multiple courses are nearby, including Valle Romano Golf (4.1 km) and Azata Golf (4.4 km). The area boasts extensive recreational infrastructure, with 134 sports facilities available. Puerto Estepona (1.6 km) and Puerto Deportivo (1.8 km) offer marina facilities. Viewpoints such as Mirador del Carmen de Estepona (1.2 km) provide scenic vistas.
134 Facilities Available
Source: OpenStreetMap, CSD
Estepona is a town and municipality in the comarca of the Costa del Sol, southern Spain. It is located in the province of Málaga, part of the autonomous community of Andalusia. Its district covers an area of 137 square kilometers in a fertile valley crossed by small streams and a mountainous areas dominated by the Sierra Bermeja, which reaches an elevation of 1,449 m at the peak of Los Reales.
| Month | Avg. Temperature | Rainfall |
|---|---|---|
| January | 12.8°C | 86 mm |
| February | 13.7°C | 55 mm |
| March | 14.8°C | 172 mm |
| April | 16.7°C | 73 mm |
| May | 19.9°C | 33 mm |
| June | 23.7°C | 11 mm |
| July | 26.7°C | 1 mm |
| August | 26.9°C | 7 mm |
| September | 23.9°C | 28 mm |
| October | 20.6°C | 76 mm |
| November | 16.2°C | 96 mm |
| December | 14.0°C | 84 mm |
Flat
Ref: VL191992
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
Estepona's property market, particularly its central urban areas, offers a distinct profile compared to surrounding developments. While projects like Anna de Estepona, Isea Estepona III, and The Palms offer new-build options starting from €428,000 to €450,000, this penthouse at €605,000 represents an existing property requiring extensive refurbishment. These new developments typically feature modern designs and integrated amenities. In contrast, this penthouse provides a larger living space (126 m²) and the distinctive opportunity to implement a personalized design from the ground up. Its established location means immediate access to the town's established infrastructure and a more traditional urban living experience. The price reflects not just the square footage but the potential for value creation through renovation in a prime, central Estepona setting, distinguishing it from newer, off-plan constructions.
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