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El Paraiso, Costa del Sol, Málaga

Business for sale in El Paraiso, 376 m²

€1,195,000

€3,178/m²

  • 376 m²Built
  • 2,133 m²Plot
  • 1985Built in

Description of Business for sale in El Paraiso

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.

Business for sale in El Paraiso Features

Condition

  • Good Condition

Climate Control

  • Central Heating

Features

  • Wood Flooring

Furniture

  • Not Furnished

Security

  • Alarm System

Buying and running costs of Business for sale in El Paraiso

To buy it

Asking price€1,195,000
Transfer tax (ITP, 7%)€83,650
Notary & land registry (approx.)€11,950
Lawyer (approx. 1% + VAT)€14,460
Estimated total€1,305,060

Estimate for a resale home in Andalucía. New builds pay 10% VAT and 1.2% stamp duty instead of transfer tax. Your lawyer will confirm the exact figures.

Details of Business for sale in El Paraiso

Type
Business
Location
El Paraiso, Costa del Sol, Málaga
Price
€1,195,000
Built size
376 m²
Plot
2,133 m²
Year built
1985

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