Villa for sale in Nueva Atalaya, Estepona, Málaga

Exclusive rustic-style villa with all-day sun and great expansion potential in Estepona (Diana area)
Discover this magnificent, spacious and bright rustic-style villa, located in one of the most sought-after areas of Estepona, the prestigious Diana area. Thanks to its south-facing orientation, the property enjoys sunlight throughout the entire day, creating a warm and welcoming atmosphere all year round.
The villa stands out for its high-quality rustic architecture, featuring impressive double-height pitched ceilings, exposed wooden beams, solid wood fitted wardrobes, and rustic-style bathrooms adorned with beautifully selected decorative tiles. The independent kitchen, also rustic in style yet highly functional, is equipped with a ceramic hob and oven, and includes a practical pantry area where the refrigerator is discreetly located to preserve the visual harmony of the space.
Layout
The property is distributed over two levels:
Ground floor:
- Entrance hall
- Auxiliary living room with underfloor heating (originally a porch, later enclosed and renovated)
- Spacious main living room
- Double bedroom with en-suite bathroom
- Second double bedroom
- Full bathroom in the hallway
- Private staircase to the upper floor
- Independent kitchen with pantry
- Laundry room with small storage area and boiler room
Upper floor:
- Double bedroom with access to a large 39 m² terrace overlooking the mountains
- Shared full bathroom
- Double bedroom currently used as an office, featuring a Juliet-style balcony with stunning sea views
Outdoor Areas
From the ground floor, you access a spacious terrace beneath a large covered porch, leading to a two-level garden:
- Upper level with a swimming pool featuring a waterfall, independent outdoor shower, and a tropical ambiance with mature trees and palm trees
- Lower level surrounding the house, bordered by a perimeter hedge that provides excellent privacy
The property includes a carport for one vehicle (currently used as a storage area) and additional parking space for two cars at the entrance.
Outstanding Expansion Potential
The plot measures 1,246 m² with a building allowance of 0.36%, allowing for a total buildability of up to 448 m².
Currently, 266 m² are built, leaving approximately 182 m² available for further construction, offering multiple possibilities:
- Enclosing the upper terrace to create an additional bedroom
- Building annexes on the ground floor
- Expanding existing living areas
There is even a previously requested project to open the kitchen and connect it with the laundry room, creating a larger and more modern kitchen space.
Excellent Investment Opportunity
The villa is highly rentable during the holiday season and has been rented successfully in the past. It offers excellent summer returns, with the potential to achieve around €5,000 per week, in line with other similar villas in the area.
Features & Equipment
- Independent air conditioning in almost all rooms
- Underfloor heating in all bathrooms and in the auxiliary living room
- Heating system via gas boiler with accumulator and radiators throughout the house
- Mains water supply plus private well for garden irrigation, ensuring significant water savings
- 24-hour monitored alarm system
- Furniture optional
Location
Set in a quiet, family-friendly residential area, surrounded by villas and townhouses, yet within walking distance of shops, schools, and amenities. Excellent connections to Estepona and San Pedro de Alcántara, both just minutes away by car.
A truly unique property, ideal as a permanent residence, holiday home, or high-yield investment, with the added value of being able to enjoy it as it is or expand it to suit your needs.