This key-ready townhouse in Atalaya, Málaga, offers a distinctive combination of residential living and investment potential. Constructed in 1981 and situated in the established Mar y Monte community, the property spans 204 m² with 3 bedrooms and 3 bathrooms, set within a 146 m² plot. It features a distinct, licensed guest apartment, providing immediate rental income. The location offers proximity to amenities and the coast, making it a versatile option for buyers seeking both lifestyle and financial returns.
Key characteristics of location, homes, project phase and points of attention.
Positioned within the tranquil Mar y Monte urbanisation in Atalaya, this townhouse benefits from a well-established residential setting. Its location on the New Golden Mile border places it conveniently between San Pedro de Alcántara and Estepona, with easy access to coastal areas, golf courses, and local services. The property is part of a community known for its Andalusian-style architecture and communal gardens.
This property caters to those seeking a residence with income-generating capabilities. The main house offers comfortable living spaces, while the separate, licensed guest apartment provides an opportunity for rental income, suitable for holiday lets or accommodating visitors. Its layout and features, including a terrace and solarium, support a lifestyle that balances private enjoyment with potential for external revenue.
This is an existing property, completed in 1981 and is currently key-ready. While not a new construction, it presents opportunities for modernisation and reconfiguration. The property's solid foundations and architectural scope allow for updates to create a more contemporary living space, combining its established character with potential for modern enhancements.
This property does not represent new construction and was completed in 1981. It is situated in an established community with communal facilities rather than private ones. While it includes a guest apartment with a tourist license, potential buyers should verify the specifics of this license and its income generation. The property is offered with a fixed asking price, not a starting price.
Ref: VL288322
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
This property is suited for individuals or families seeking a base on the Costa del Sol that offers more than just a private residence. It is particularly relevant for those interested in a hybrid investment strategy, leveraging the active tourist license of the guest apartment to offset ownership costs or generate supplementary income. Buyers who appreciate established communities with communal amenities like swimming pools and gardens will find this appealing. It is also suitable for those who value proximity to golf courses and beaches, with several options within a short distance. The property's layout, with a separate guest unit, is suitable for multi-generational families, those who frequently host visitors, or investors looking for immediate rental yield. The potential for modernisation also attracts buyers looking to customise a property to their specific tastes.
The townhouse, built in 1981, presents a solid foundation with potential for updates. The main residence features two bedrooms and a family bathroom, with an open reception area leading to outdoor spaces. The independent guest suite is a self-contained unit with its own bedroom and bathroom. The property includes a 30 m² east-facing terrace and a rooftop solarium. Features like fitted wardrobes and a fully fitted kitchen are present. While the existing condition is described as good, the text notes 'good architectural scope to reconfigure and modernise into an open-concept contemporary layout,' suggesting that finishes may be dated and renovations could enhance the property's appeal and functionality. Climate control is managed through air conditioning, and the property benefits from communal pools and gardens within a gated complex.
This townhouse is listed with a fixed asking price of €695,000. As an existing home, this price reflects the current market value and the property's condition and features, including its separate licensed guest apartment. The property is key-ready, meaning it is available for immediate occupation. There is no price variation or 'from' price indicated, as this is a single, fixed offering. Potential buyers should note that the property's value is influenced by its location, size, and its dual-purpose potential as both a residence and an income-generating asset through holiday rentals.
Atalaya, located on the New Golden Mile between Estepona and San Pedro de Alcántara, offers a balanced lifestyle. This area is characterised by its proximity to both the coast and established residential communities, catering to a mix of permanent residents and holidaymakers. The immediate surroundings are noted for their abundance of amenities, including numerous restaurants, cafes, and essential services like pharmacies and banks, all within a 2 km radius. The presence of 19 primary and 10 secondary schools, along with 2 health centres, indicates a well-supported local infrastructure. The area boasts significant tourism infrastructure with 24 hotels, and a steady flow of housing transactions suggests a dynamic local property market. The elevation of 652 meters offers a distinct perspective, away from the immediate beachfront, potentially providing a quieter atmosphere with cooler breezes.
Atalaya, situated within the municipality of Málaga province, offers a lifestyle that balances coastal proximity with inland tranquility. The area is recognised for its high density of amenities, with over 200 restaurants and numerous cafes, banks, and pharmacies accessible within 2 km. The educational infrastructure includes 19 primary and 10 secondary schools, alongside 2 health centres, supporting a well-rounded community. With 24 hotels and a significant number of housing transactions annually, the area is both a tourist destination and a stable residential market. The elevation of 652 meters above sea level suggests a location removed from the immediate coastal bustle, potentially offering cooler temperatures and a different perspective on the region. This setting provides a peaceful environment while remaining connected to the vibrant life of the Costa del Sol.
This map highlights the Atalaya area, situated inland from the immediate coastline but still within easy reach of the Mediterranean Sea. It shows the property's location within the Mar y Monte urbanisation, surrounded by residential properties and green spaces. Key points of interest, including golf courses and beaches, are marked, illustrating the convenient access to recreational facilities that define the Costa del Sol lifestyle.
Approximate area · exact address shared on request
Atalaya is situated within the province of Málaga, a key area of the Costa del Sol, known for its coastal resorts and economic activity. It lies on the border of the New Golden Mile, strategically positioned between the vibrant town of San Pedro de Alcántara and the larger resort of Estepona. Its distance to Marbella is approximately 12 km, while Málaga city is about 60 km away. This positioning allows residents to easily access the diverse offerings of the Costa del Sol, from the luxury of Puerto Banús to the cultural heritage of Málaga city, while residing in a more established and potentially quieter residential zone.
This Atalaya townhouse is strategically located for access to key amenities and transport links. Beaches such as Playa Isdabe and Playa Atalaya are approximately 0.5-0.6 km away as the crow flies, with a short drive of 3-4 minutes. Several championship golf courses, including El Campanario and El Paraíso, are within 1.4-2.1 km, requiring under a 5-minute drive. For connectivity, Málaga Airport (AGP) is approximately 60 km away, with an estimated 45-minute drive time. Gibraltar Airport (GIB) is further at around 89 km. The property is served by 7 public transport lines with 50 stops within reach, facilitating local movement. Major towns like Marbella are 12 km away, Puerto Banús is a 5-10 minute drive, and San Pedro de Alcántara centre is just 5 minutes away by car, indicating excellent regional accessibility.
| Malaga-Costa del Sol (AGP) | 60 km |
| Gibraltar (GIB) | 89 km |
Source: OpenStreetMap, Google Maps
Atalaya is located at an elevation of 652 meters above sea level, offering a distinct climate compared to the immediate coastal strip. This altitude contributes to a slightly milder average annual temperature of 16.5°C. The area experiences a Mediterranean climate, with warm, dry summers and mild, wetter winters. The swimming season, defined by water temperatures of 20°C or higher, lasts approximately 4 months. While the Costa del Sol is known for its abundant sunshine, the higher elevation might slightly temper the peak summer heat. The surrounding landscape, typical of Andalusia, features Mediterranean vegetation. The local climate supports outdoor activities for a significant portion of the year.
Source: Open-Meteo (2020–2025 average)
The proximity to the coast is a significant advantage, with beaches like Playa Isdabe and Playa Atalaya just 0.5-0.6 km away as the crow flies (a short drive). Several renowned golf courses are also nearby, including El Campanario Golf Course (1.4 km) and El Paraíso Golf Club (2.1 km), placing residents within minutes of prime golfing opportunities. Sports enthusiasts will appreciate the presence of tennis and padel clubs such as RozaRossa Tennis and Padel Club (1.6 km). The location also provides access to marinas like Puerto Deportivo José Banus, approximately 5.9 km away. The community itself offers leisure amenities, including large communal swimming pools set within lush gardens and a residents' social clubhouse.
Source: OpenStreetMap
| Month | Avg. Temperature | Rainfall |
|---|---|---|
| January | 8.4°C | 50 mm |
| February | 9.9°C | 41 mm |
| March | 11.1°C | 119 mm |
| April | 13.7°C | 55 mm |
| May | 17.8°C | 33 mm |
| June | 22.4°C | 13 mm |
| July | 26.4°C | 2 mm |
| August | 26.5°C | 5 mm |
| September | 21.7°C | 20 mm |
| October | 17.9°C | 52 mm |
| November | 12.1°C | 71 mm |
| December | 9.7°C | 64 mm |
Compared to other new developments on the Costa del Sol, such as Aquamar in Torre del Mar (starting from €269,950), Lantana Residencial in Mijas (from €205,000), and Etherna Homes 2 in Estepona (from €321,000), this existing townhouse at €695,000 represents a different market segment. These comparable projects are typically off-plan or recently constructed apartments and townhouses with 'from' prices, indicating a focus on new builds often at lower price points. This Atalaya property, being an established home, offers a fixed price and includes distinctive features like a licensed guest apartment, providing immediate rental income potential. While newer constructions might offer modern designs and energy efficiencies, this property's appeal lies in its established location, community setting, and the dual residential-income generating opportunity, which is less common in standard new developments.
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