FOR SALE 🏡 Beachside Villa to Renovate One Minute from the Sand – New Golden Mile, Estepona 🇪🇸

FOR SALE 🌟
🏡 Beachside Villa to Renovate One Minute from the Sand
🇪🇸 New Golden Mile, Estepona 🇪🇸

A detached villa on a large plot in a quiet beachside area of the New Golden Mile, a one-minute walk from the beach and offered as a renovation project. ✨

✅ 5 bedrooms
✅ 4 bathrooms
✅ Built area: approx. 698 m²
✅ Plot: approx. 1,984 m²
✅ Private pool and garage
✅ One-minute walk to the beach
✅ Renovation project with clear upside
✅ Asking Price: €2,400,000

The house has a solid structure and a generous layout with good natural light. It is dated and needs renovation, which makes it a blank canvas for a modern beachside home or a high-end rental property.

The plot of almost 2,000 m² holds a large lawn, mature trees, a pool and covered terraces, with ample room to redesign the gardens and outdoor living areas.

Detached villas this close to the sea on the New Golden Mile are increasingly scarce. The area is established and quiet, with golf courses, beach clubs, San Pedro de Alcántara and Estepona within a short drive.

📊 Investment case (indicative)
✅ Planning: Planning status on request
✅ Purchase after negotiation: approx. €2,280,000, plus approx. €205,000 costs (7% transfer tax, notary, registry, lawyer)
✅ Full renovation of approx. 699 m² at €1,500 per m²: approx. €1,330,000 (incl. architect and project management, licence and ICIO tax, 10% contingency)
✅ Total investment incl. approx. 18 months holding costs: approx. €3,850,000
✅ Renovated beachside villas on the New Golden Mile realistically sell at approx. €7,000–8,000 per m² (asking prices less the usual 10–15% negotiation); we use the lower end
✅ Estimated resale: approx. €4,890,000, less approx. €340,000 selling costs
✅ Indicative profit: approx. €700,000, before capital gains tax
Figures are indicative estimates based on our reference renovation cost and comparable renovated villas nearby; they are not a valuation. Plug in your own renovation cost per m² to compare with your own project.

Contact Agent4Stars for further information or to arrange a viewing.

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