House in Estepona
Atalaya, Estepona , Malaga
695,000€
ID: R5513440
Listed: 15 October 2026
Technical Details
204 m²
Area
3
Bedrooms
3
Bathrooms
146 m²
Plot
Amenities
Description
Superbly positioned within the established and charming Andalusian-style community of Mar y Monte in Atalaya, this impressive 146 m² property offers a unique blend of residential comfort and lucrative investment potential. With its versatile layout, featuring a two-bedroom main residence and a fully independent one-bedroom guest apartment complete with an active tourist licence, this home not only promises a delightful living experience but also generates consistent year-round income that can significantly offset running costs or help with mortgage payments.
The primary residence boasts two comfortable double bedrooms, providing ample space for relaxation and rest. The full family bathroom adds convenience for everyday living. A bright and inviting reception area seamlessly leads to outdoor living zones, creating a perfect space for entertaining or enjoying quiet moments. The solid foundations of this home offer fantastic architectural possibilities, allowing for easy reconfiguration and modernisation into a contemporary open-concept layout that suits your personal style.
The independent licensed guest suite is a true asset, as it is completely self-contained with its own private access. This one-bedroom, one-bathroom annex is fully licensed for holiday rentals (Licencia Turística) and has established a solid track record of achieving €70 – €80 per night consistently throughout the year. With an impressive passive rental yield of approximately €15,000 per annum, this property offers immediate turnkey cash flow, making it an ideal investment for those looking to capitalise on the thriving rental market.
Outdoor living is a highlight of this property. The expansive 30 m² east-facing terrace invites abundant morning and midday sunshine, perfect for alfresco dining, barbecues, or simply soaking in the sun. Additionally, the private rooftop solarium provides a serene sun deck with open views across the urbanisation and surrounding landscape, allowing you to bask in the sun’s glow until dusk.
Located within the tranquil, low-rise residential complex of Mar y Monte, residents benefit from exceptional amenities, including outstanding communal swimming pools set amidst lush Mediterranean gardens, and a residents' social clubhouse available for private events and gatherings. This peaceful, safe, and family-friendly environment ensures a quality lifestyle for all ages.
Strategically situated on the New Golden Mile, this property is just minutes away from the stunning beach and coastal promenade, as well as the vibrant San Pedro de Alcántara Centre. The upscale Puerto Banús is only a short drive away, and championship golf courses such as Atalaya Golf & Country Club, Guadalmina, and El Paraíso are all within a five-minute radius. Málaga Airport is conveniently accessible within 45 minutes, making this location both desirable and practical.
This unique property offers lifestyle versatility, proven holiday rental income, and substantial upside potential through light modernisation. Private viewings are strictly by appointment, making this an opportunity not to be missed.
Location
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