Villa for sale in Estepona, Málaga

In the heart of Estepona’s charming Old Town, this unique property offers an exceptional investment and lifestyle opportunity. The plot includes an approved project for a new build of approximately 150 m², allowing for the creation of a stylish modern home or boutique development within one of Estepona’s most sought-after areas. In addition to the project, the property currently features two ready-built apartments, which can easily be combined into one spacious residence. This provides flexible options — whether to renovate and expand the existing structure or to proceed with the planned new construction. Ideally situated just steps away from Estepona’s picturesque cobbled streets, vibrant restaurants, boutique shops, and sandy beaches. This is a rare opportunity to acquire a property with both immediate usability and long-term development potential in one of the Costa del Sol’s most desirable coastal towns. Key features: Plot with project for approx. 150 m² construction Two existing apartments (can be joined into one larger home) Located in Estepona Old Town Flexible investment potential – renovate or rebuild Walking distance to the beach, cafes, and all amenities