
Penthouse Apartment in New Golden Mile




Description
Discover a versatile real estate asset on the New Golden Mile, where this expansive 5-bedroom penthouse offers a rare combination of residential scale and entrepreneurial potential. Positioned between Estepona and San Pedro de Alcántara, the property serves as a blank canvas for those seeking a bespoke Mediterranean lifestyle. The residence is elevated above the lush landscape, providing 360-degree views that span the Mediterranean coastline, nearby golf courses, and the verdant countryside, ensuring a sense of complete privacy and immersion in the Costa del Sol environment.
The interior architecture is defined by its adaptability, currently configured as a main residence with two bedrooms, two bathrooms, a substantial private office, and two independent guest suites. This layout is particularly suited for multi-generational living or a high-end boutique hospitality project. The 321 m² of built space is complemented by an extraordinary wraparound terrace that encompasses the entire perimeter of the home. These expansive outdoor zones allow for distinct areas dedicated to al fresco dining, sunset lounging, and wellness activities, all while framed by panoramic sea and mountain vistas.
Key internal features include a cozy fireplace for cooler winter evenings, full air conditioning, and a storage room for practical management of the property. The two guest suites offer private shower facilities, making them ideal for short-term rentals or staff accommodation. For those looking to add value, the existing office space and guest quarters present significant potential for reconfiguration into a larger, cohesive family home or a modern live-work studio.
The location is strategically placed within walking distance of the beach and surrounded by some of the coast's most prestigious golf courses. Residents benefit from 24-hour security within the urbanisation, ensuring peace of mind. Excellent infrastructure connects the property to the luxury boutiques of Puerto Banús and the authentic charm of Estepona town center within a ten-minute drive. This penthouse on the New Golden Mile represents a rare opportunity to secure a substantial footprint in one of Spain's most resilient real estate markets.
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.
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Setting
€ 399 000
Investment Potential
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
Costs are approximate. Please consult a legal advisor.
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Based on 30% of gross monthly income
Calculations are indicative. Please consult a financial advisor.
Location
Estepona & Casares GuideSimilar Properties
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