Restaurant with a private house on the first line of the sea on the New Golden Mile, Estepona, Spain

1,365,000 €
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A Golden Visa can be obtained with the purchase of this property (residence permit for investments).

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Details
Property parameters
  • Leasable area: 327 m²
Transaction costs
  • Broker: 5.0 %

Restaurant overlooking the sea on the New Golden Mile.

Description

The restaurant is sold with a private house with a separate entrance which is located at the top of the restaurant.

The house of 149 m² with a large terrace of 88.45 m² and a sea view includes 3 bedrooms, 2 bathrooms, a living room and a fully equipped kitchen.

The house has a very high potential for short-term rental.

There are several exclusive beach complexes near the restaurant.

Transaction costs

Brokerage fee is 5%.

Location

The New Golden Mile — the coastal zone between Estepona and San Pedro Alcantara is a concentration of exclusive residential complexes. This stretch of coast stretching along the coast to the east of Estepona has a fantastic view of the sea, the mountain of Gibraltar and the mountain range of northern Morocco.

The New Golden Mile has also become the location of the luxurious five-star hotels such as Kempinski, Las Dunas and SPA complexes.

In addition to luxury resort hotels, a small shopping center, a stylish beach restaurant Tikitano and typical coastal bars you can also visit the archaeological park.

  • Property on the map
    Location right down to the building, street or city

Statistics in Estepona

Price per m², €
2,216
Real estate Price, €
Apartment in the city centre, m² 2,216.0
Apartment in a bedroom community, m² 1,850.0
Transport Price, €
Public transport, 1 ride 2.0
Monthly travel card 20.0
Taxi, 1 km 1.05
Petrol, 1 l 1.28
Food Price, €
Water, 1.5 l 0.58
Milk, 1 l 0.71
White bread, 500 g 1.0
Eggs, a dozen 1.5
Chicken fillet, 1 kg 5.4
Education Price, €
Kindergarten, per month 300.0
International school, per year 7,666.67

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

More properties

If this property wasn’t for you, take a look at other restaurants for sale in Spain.

You can see more restaurants for sale in Estepona elsewhere on our website.

Repurposing a building into a residence hall with a forward sale in Cologne
  • €2.6M investment amount
  • 10 % yield
  • 2 years project term
Application deadline: January 30

The best development offer

Repurposing a building into a residence hall with a forward sale in Cologne

Application deadline: January 30

  • investment amount €2.6M
  • yield 10 %
  • project term 2 years

Buying and repurposing a building into a student residence with a subsequent sale. Several investors with different shares can participate. Buyers are already interested (Forward Deal).

An apartment hotel with a restaurant, a 11–12 -storey concrete building with a terrace and balconies. Total area — 4,984 m², number of units — 270.

The property is located near the centre of Cologne, 1 km away from the Agnes district. There is a traffic interchange not far from the building, the closest public transport stop is 400 m away. There are 20 different educational institutions within a 3–5 km radius. All the necessary infrastructure facilities are located within walking distance.

The expected rental flow after commissioning — €1M per annum.

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    €100M

    capital placed

    10 years

    in the real estate market

    1,000+

    deals since 2008

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    Enquire about this restaurant
    Anna Kurianovich
    Anna Kurianovich
    Investment consultant in Estepona
    +44 17 4822 0039
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