Prime Commercial Plot with Renovated Restaurant - Investment Opportunity in El Pilar, Estepona

This exceptional property listing presents a remarkable investment opportunity for discerning investors. Situated in the coveted area of El Pilar, El Paraiso, this commercial plot spans an impressive 2100 m², offering tremendous development potential. One of the property’s key highlights is the existing restaurant premises, already built and partially renovated, providing an excellent starting point for various ventures.

Featuring an urban consolidated plot status, the property is fully compatible with administrative, commercial, and hotel use, per Estepona’s current PGOU. The flexibility and range of possibilities are further enhanced by the potential to construct a two-level project comprising a ground floor and first floor, totalling 861 m². Additionally, a basement can be built, catering to parking requirements. The maximum permissible ground occupancy stands at 50%, ensuring ample space for future developments.

The property has an approved basic building project and a building permit for a business centre spanning 480 m², featuring eight independent offices and a substantial 450 m² underground garage. The selling price of this offer includes the 212 m² building that previously housed the renowned restaurant La Fiorentina by De Medici. Significant renovations have already occurred, boasting new flooring, underfloor heating, and upgraded electrical and plumbing installations.

Beyond the property itself, the surrounding area holds immense appeal. Estepona boasts excellent road access, ensuring convenient connections to nearby towns and cities. For families, renowned schools are within easy reach, providing quality education options. Various shops, including local boutiques and larger retail centres, are situated nearby, catering to all your shopping needs. The area’s thriving amenities and vibrant atmosphere create a perfect setting for diverse business ventures.

This investment opportunity is brimming with potential, awaiting a visionary investor to bring their ideas to life. Whether you envision office premises, a restaurant complemented by a pool club, or a charming boutique hotel, this property promises limitless possibilities. Take advantage of this chance to make a significant mark in the thriving real estate landscape of El Pilar, El Paraiso – Estepona.