Shure Real Estate
For sale

El Paraiso

€1,195,000

Reference
R5512831
Built area
376 m²
Plot
2133 m²
Pool
No

Description

Unique Investment Opportunity We present an exceptional investment opportunity in one of Estepona's most sought-after residential and commercial areas: Urbanización El Pilar – El Paraíso. 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 —the Restaurant and the Business Center— 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 €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 €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 ‌demand. ‌An ‌ideal ‌opportunity ‌for investors seeking security, ‌high returns, and an ‌exclusive commercial ‌product. For more ‌information or ‌to ‌schedule ‌a visit, we ‌will ‌be ‌delighted ‌to ‌assist ‌you.

Where it is

El Paraiso, Malaga

Ask us to come to you

Shure Real Estate answers by telephone or email. Nothing is booked here — an agent gets in touch and you agree a time together.

What would you like?
An email address or a telephone number. Whichever you would rather be reached on.

For a valuation: the address, the type and the size of your home. For a viewing: what you would like to see.

Leave it empty, or choose 2026-11-14 or later.

Read this before you send

How your details are used

Controller: Shure Real Estate, [postal address], [contact address]. Purpose: to answer what you ask us — about a property, about a valuation of your own home, or about a viewing — and to keep the contact that answering it requires. Legal basis: steps taken at your request before entering into a contract, article 6(1)(b) of the GDPR. We do not ask for your consent, because the enquiry is one you started. Recipients: the people at Shure Real Estate who handle your enquiry, and the suppliers who run our systems. Your details go no further and are not used to send you marketing. How long we keep it: 24 months after our last contact with you, unless you become a client, in which case the periods in our client register apply. Your rights: you can ask for access, correction, erasure, restriction, portability, and to object, by writing to [contact address]. You can also complain to the Spanish data protection authority, the AEPD (www.aepd.es).