Situated within the established Nueva Atalaya urbanisation on Avenida Pernet, this penthouse presents 135 m² of internal living space accompanied by a 40 m² terrace. The residence is positioned on the stretch of coastline commonly referred to as the New Golden Mile, located between the municipalities of Estepona and Marbella. Completed in 2001, the property is situated in a mature urban environment with direct access to the main coastal road and local amenities.
Key characteristics of location, homes, project phase and points of attention.
The property is located in the Nueva Atalaya district, situated directly on the Avenida Pernet. This position places the residence midway between the port of Estepona and the town of San Pedro de Alcántara. The location is characterised by its integration into the existing urban grid, offering immediate connectivity to the N-340 coastal artery.
The layout comprises two bedrooms and two bathrooms, catering to the requirements of a small household or a secondary residence. The inclusion of a 40 m² terrace addresses the desire for outdoor living space. The internal dimensions of 135 m² provide ample volume for standard residential functions without excessive maintenance requirements.
This project was completed in 2001, indicating a mature construction state rather than a new development. The infrastructure and landscaping are fully established, removing the uncertainties associated with off-plan purchases. The building fabric reflects the architectural standards of the turn of the millennium, with communal facilities already operational.
The property does not offer the energy efficiency ratings typically found in new constructions (A/B ratings). Being a penthouse in an urbanisation, it does not provide the isolation of a detached villa. The orientation includes both East and West aspects, which may result in varied sun exposure throughout the day depending on the specific room utilisation.
This property is suitable for buyers seeking a residence that is ready for immediate occupation without waiting for construction completion. It fits the profile of a household that prioritises proximity to beaches and urban amenities over a secluded, rural setting. The configuration is appropriate for use as a permanent primary residence for a small family or as a holiday home for those who frequent the Costa del Sol. It may also appeal to investors looking for a rental property in an established area with year-round demand due to the local infrastructure. Buyers who prefer mature gardens and a known community structure over the uncertainty of new developments will find the characteristics of this urbanisation relevant. The accessibility to both Estepona and Marbella broadens its suitability for those who require mobility along the coast.
The property was delivered in 2001, utilising construction materials and techniques standard for that period. The condition is reported as excellent to good, suggesting that maintenance has been upheld. Features include hot and cold air conditioning, a lift for accessibility, and a private terrace. The orientation allows for views of the sea, garden, and pool. The presence of a 40 m² terrace indicates a focus on outdoor living space, likely finished with tiling or paving suitable for the climate. The internal specifications are typical of the region's residential offerings from that era, providing functional utility rather than high-end luxury finishes. The communal areas, including the pool, are indicative of a well-maintained urbanisation where shared facilities are part of the value proposition.
The property is listed with a starting price of €515,000. This pricing reflects the combination of the penthouse category, the total built area including the terrace, and the established status of the urbanisation. When analysing the price per square metre in relation to new developments in Estepona, such as Celestia Homes or Sunny Golf, this property presents a higher capital entry point. This premium is attributable to the immediate availability and the specific attribute of a large private terrace, which often commands a value surfeit compared to apartments with limited outdoor space.
Daily life in this location is defined by convenience and accessibility. The immediate vicinity allows for pedestrian access to supermarkets and pharmacies, reducing car dependency for routine errands. The proximity to La Rada beach facilitates regular swimming or walking activities. The urbanised nature of Nueva Atalaya means that residents are part of a settled community rather than a seasonal tourist complex. The surrounding infrastructure supports a practical lifestyle where schools, medical centres, and sports facilities are within a short radius. The terraced area extends the living space outdoors, suitable for dining during the warmer months. While the area is residential, the presence of the main road nearby ensures that transport links are readily available, contributing to a functional living environment that balances leisure with logistical ease.
The surrounding environment of Nueva Atalaya is characterised by a mix of permanent residents and second-home owners, creating a stable atmosphere. The area is densely populated with sufficient services to support daily life, including a high concentration of restaurants and cafes within a 2 km radius. The presence of schools and health centres nearby adds to the functional convenience. The terrain is predominantly flat with a gentle slope towards the sea, making it walkable for most age groups. While the area is developed, it retains a residential feel, distinct from the high-density tourist zones further east. The proximity to the Diana shopping centre and local shops ensures that practical needs are met without long commutes. This environment supports a lifestyle where urban amenities are balanced with coastal access.
The map highlights the positioning of Nueva Atalaya along the Avenida Pernet, directly adjacent to the coastal road. It visualises the short distance to the shoreline at La Rada and the proximity to key urban landmarks such as the Diana Centre and the local hospital. The layout underscores the accessibility of the location within the broader Estepona municipality.
Approximate area · exact address shared on request
This project is positioned on the western flank of the New Golden Mile, acting as a transitional zone between the more resort-style developments of Marbella and the traditional town of Estepona. It is approximately 6 km from the centre of Estepona and a similar distance from San Pedro de Alcántara. This location offers a compromise: it is sufficiently removed from the high intensity of Marbella but maintains close proximity to its services. The region is defined by its coastal accessibility and the integration of golf courses into the urban landscape.
The property is strategically located regarding transport and amenities. Playa de Estepona is 524 m away, and the main La Rada beach is 769 m away, both within comfortable walking distance. Malaga-Costa del Sol Airport is approximately 64 km away by straight line, translating to roughly 45 to 50 minutes by car depending on traffic. Gibraltar Airport is closer at 36 km straight line. Golf courses such as Valle Romano and Azata Golf are situated within 4 to 5 km. A supermarket is within 104 m, and a pharmacy is within 237 m, ensuring immediate access to daily necessities. The connection to the AP-7 motorway is efficient, facilitating travel to Marbella or Gibraltar.
| Beach Distance | 0.8 km |
| Gibraltar (GIB) | 36 km |
| Malaga-Costa del Sol (AGP) | 64 km |
Source: OpenStreetMap, Google Maps
The location benefits from the Mediterranean climate characteristic of the Costa del Sol. With an average of 3,848 sun hours per year, the region supports an outdoor lifestyle for a significant portion of the year. The swimming season extends for approximately five months, where water temperatures remain at or above 20°C. The average annual temperature is 19.2°C. The area is situated at an elevation of 19 metres above sea level, with the Sierra Bermeja mountain range providing a backdrop and influencing local weather patterns, offering protection from harsh northern winds. The gentle slope of 2.4% towards the coast aids in drainage and sea views.
Source: Open-Meteo (2020, 2025 average)
The nearest coastal asset is Playa de Estepona and the larger La Rada beach, both known for their Blue Flag status and amenities. These beaches offer facilities such as chiringuitos (beach bars), showers, and lifeguard services during the season. For recreation, the area is well-supplied with golf options, including Valle Romano Golf and Azata Golf nearby. Sports enthusiasts have access to facilities like the Polideportivo Municipal and the Centro Deportivo José Ramón de la Morena within 1 km. The marina of Puerto Estepona, located 1.6 km away, provides additional leisure and dining options. The availability of EV charging points within a 1.5 km radius aligns with modern transportation needs.
134 Facilities Available
Source: OpenStreetMap, CSD
This project is positioned on the western flank of the New Golden Mile, acting as a transitional zone between the more resort-style developments of Marbella and the traditional town of Estepona. It is approximately 6 km from the centre of Estepona and a similar distance from San Pedro de Alcántara. This location offers a compromise: it is sufficiently removed from the high intensity of Marbella but maintains close proximity to its services. The region is defined by its coastal accessibility and the integration of golf courses into the urban landscape.
Estepona is a town and municipality in the comarca of the Costa del Sol, southern Spain. It is located in the province of Málaga, part of the autonomous community of Andalusia. Its district covers an area of 137 square kilometers in a fertile valley crossed by small streams and a mountainous areas dominated by the Sierra Bermeja, which reaches an elevation of 1,449 m at the peak of Los Reales.
| Month | Avg. Temperature | Rainfall |
|---|---|---|
| January | °C | 82 mm |
| February | °C | 72 mm |
| March | °C | mm |
| April | °C | mm |
| May | °C | mm |
| June | °C | 3 mm |
| July | 25.4°C | 0 mm |
| August | °C | 1 mm |
| September | 23.9°C | 13 mm |
| October | °C | mm |
| November | °C | mm |
| December | 14.9°C | 132 mm |
Flat
Ref: VL317551
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
When comparing this penthouse in Nueva Atalaya with newer developments such as Celestia Homes, Sunny Golf, and Anna de Estepona, distinct market segments emerge. The newer projects, with prices starting from €370,000 to €428,000, typically offer smaller apartments and higher energy efficiency ratings. This penthouse, priced at €515,000, occupies a higher price bracket, which is justified by the inclusion of a substantial 40 m² terrace and the penthouse classification itself. Unlike the 'new build' premium, which pays for modern construction standards, the value here lies in immediate occupancy, proven location quality, and generous outdoor square footage. Buyers choosing between these options must weigh the long-term energy savings of a new build against the immediate spatial benefits and established infrastructure of this 2001 residence. The Nueva Atalaya area offers a more centralised location relative to both Estepona and Marbella compared to some of the golf-centric developments further inland.
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