R5512831, Commercial Business in El Paraiso
Ref # : R5512831
For sale € 1,195,000
Unique Investment Opportunity
We present an exceptional investment opportunity in one of Estepona's most sought-after residential and commercial areas: Urbanización El Pilar â El ParaÃso. Located on Sabinillas Street, in the heart of a... Unique Investment Opportunity
We present an exceptional investment opportunity in one of Estepona's most sought-after residential and commercial areas: Urbanización El Pilar â El ParaÃso. Located on Sabinillas Street, in the heart of a well-established residential community and just one minute from the main coastal road, the property enjoys a strategic yet quiet setting, tucked away from noise thanks to its second-line position.
Key Features of the Property
2,133 m2 Plot with Commercial Use
Fully Renovated 212 m2 Restaurant
A spacious, mostly open-plan establishment featuring terraces, upgraded access points, a fitted kitchen, and landscaped garden areas. The restaurant is ready to operate immediately.
Approved Basic Project for a Business Center
The northern section of the plot allows for the construction of 8 offices or commercial units, arranged in 4 buildings, each divided into two loft-style units with ground floor, first floor, and rooftop terrace.
The design prioritizes natural light, open spaces, interconnected porches, and landscaped areas, creating an attractive and dynamic environment for future businesses.
High Investment Potential
Both assets âthe Restaurant and the Business Centerâ complement and enhance one another, addressing a real demand for services in this high-density residential area.
Restaurant ready to lease, with an estimated rental income of â¬140,000/year, equivalent to a 5.2% return.
Business Center: once developed, it would generate strong additional returns due to the number of units and their strategic location.
The estimated construction cost for the Business Center is â¬1,000,000 if carried out by the current owner's construction company. However, the investor is free to use their own builder or to convert that section of the plot into extended landscaped gardens for the restaurant, which would significantly increase its rental value.
A Secure Investment with Guaranteed Growth.
This project offers multiple income streams in a premium area with year-round âdemand. âAn âideal âopportunity for âinvestors âseeking âsecurity, âhigh returns, âand âan âexclusive âcommercial âproduct.
For âmore information âor to âschedule âa visit, we âwill âbe âdelighted âto âassist âyou.
General Amenities
Good
Interior Amenities
Not Furnished
Central Heating
Security Amenities
Alarm System
Wood Flooring
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