EDENOVO

Ground Floor Apartment in Manilva

Ground Floor Apartment in Manilva - Main Photo
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EDN-16023
For Sale
Listed since Mar 21, 2026
2Bedrooms
2Bathrooms
75 m²Built
SeaViews

Description

Discover an exceptional investment or holiday residence nestled in the serene heights of Manilva. This ground-floor apartment in the Resort Terrazas Costa del Sol offers a sophisticated blend of Mediterranean tranquility and modern convenience. Positioned to capture panoramic sea views across the Strait of Gibraltar and towards the North African coastline, the property serves as a peaceful retreat from the bustling coastal hubs while remaining perfectly connected to the region's finest attractions.

The interior layout spans 75 square meters of efficiently designed living space, featuring two spacious bedrooms and two bathrooms. The heart of the home is an expansive open-plan living area that integrates a fully equipped kitchen, creating a fluid environment for relaxation and social gatherings. Large glass doors open directly onto a 20-square-meter private terrace, which extends into a small, manicured garden area, allowing for seamless indoor-outdoor living and immediate access to the fresh coastal air.

Situated within a secure gated community, residents benefit from 24-hour security and access to beautifully landscaped communal areas. The complex is designed for ease of use, featuring multiple swimming pools and leisure zones. Modern comforts are standard, including full air conditioning and high-speed internet. Notably, the property is currently managed by the renowned Pierre & Vacances, providing a hassle-free ownership experience where essential costs such as electricity, water, and community fees are covered by the operator.

The location in Manilva strikes a perfect balance between mountain scenery and seaside proximity. A short five-minute drive brings you to the golden sands of the beach and the local marina. The urbanization is surrounded by rolling countryside, offering a quiet atmosphere that is highly sought after by those looking to escape the more crowded tourist zones. Excellent road links ensure that the luxury of Sotogrande and the vibrant life of Estepona are within easy reach.

For the savvy investor, this property represents a guaranteed 5% annual yield through an existing management contract valid until 2030. Owners can enjoy the apartment for 60 days per year during the off-season, making it a versatile asset that combines financial returns with personal leisure. This is a rare opportunity to acquire a beachfront-adjacent property with a proven income stream and zero maintenance overheads.

About Estepona & Casares

No other coastal town has undergone such a radical and rapid urban transformation as Estepona. Casares is one of the most picturesque white villages of Andalusia — a medieval Moorish quarter on the heights, with golf resorts and beachfront residences below.

Areas

Built:75 m²Terrace:20 m²

General

Type:Apartment / Ground Floor ApartmentCondition:Recently RefurbishedOrientation:South

Views

SeaMountainPanoramicGardenPoolForest

Security

Gated Complex24 Hour Security

Climate

Air Conditioning

Features

GarageTerraceSea view
Region:ManilvaArea/Town:Manilva

Setting

CountryBeachsideClose To ForestUrbanisation
Asking Price

€ 205 000

Original Price
€ 215 000
Price per m²
€ 2 733 / m²

Investment Potential

Price per m²
€ 2 733 / m²
Comparison basis
98 · Manilva
Median asking price per m²
€ 3 382 / m²
Typical range
€ 2 828 – 4 125 / m²
Ask more per m²
80 %
Same type & bedrooms
705 · Apartments · Bedrooms: 2 · Estepona & Casares
Median asking price
€ 425 000
Typical asking price
€ 325 000 – 550 000

Median of asking prices in the EDENOVO catalogue, not closing prices. Rental yields are estimates based on local market data. Not guaranteed.

Purchase Cost Calculator

€ 205 000
€
Transfer Tax (ITP 7%)€ 16 400
Notary & Registry Fees (est.)€ 2 200
Legal Fees€ 2 050
Total Taxes & Fees€ 20 650
Total Purchase Cost€ 225 650

Costs are approximate. Please consult a legal advisor.

Mortgage Calculator

Property Price (€)€ 205 000
Down Payment20% (€ 41 000)
%
years
Loan Amount€ 164 000
Monthly Payment€ 821,02
Required Monthly Income€ 2 736,74 / mo

Based on 30% of gross monthly income

Calculations are indicative. Please consult a financial advisor.

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EDN-16023·EUR 205 000€ 2 733/m²