Townhouse for sale in Atalaya, Estepona – R5513440

  • €695,000
  • Bedrooms3
  • Bathrooms3
  • Built area204 m²
  • Plot146 m²
ATALAYA, ESTEPONA | 3-Bedroom Townhouse with Separate Licensed Guest Apartment
146 m² Built | 2-Bed Main Residence + 1-Bed Independent Guest Studio | Active Tourist Licence (€15k/Year Proven Income) | 30 m² East-Facing Terrace + Rooftop Solarium | Mar y Monte, Atalaya

Superbly positioned within the established and charming Andalusian-style community of Mar y Monte in Atalaya, this 146 m² property represents an exceptional hybrid investment and residential opportunity. Offering a versatile two-bedroom main residence alongside a fully independent one-bedroom guest apartment with an active tourist licence, this property generates consistent year-round income capable of substantially covering running costs or offsetting a mortgage.

The Residences & Layout
Primary Residence (Main House):

Features two comfortable double bedrooms and a full family bathroom.

Bright, open reception area leading out to outdoor living zones.

Solid foundations with fantastic architectural scope to reconfigure and modernise into an open-concept contemporary layout.

Independent Licensed Guest Suite:

Completely self-contained one-bedroom, one-bathroom annex with private direct access.

Fully licensed for holiday rentals (Licencia Turística).

Established track record achieving €70 – €80 per night consistently throughout the year.

Produces approximately €15,000 per annum in passive rental yield, offering immediate turnkey cash flow.

Outdoor Living & Terraces
30 m² East-Facing Terrace: An expansive ground-level alfresco terrace bathed in morning and midday sunshine, tailored for outdoor dining, barbecues, and relaxation.

Rooftop Solarium: Private rooftop sun deck offering open views across the urbanisation and surrounding landscape, capturing all-day sunshine until dusk.

Community & Lifestyle Amenities
Located within the tranquil, low-rise residential complex of Mar y Monte:

Outstanding, large communal swimming pools set within lush Mediterranean gardens

Residents' social clubhouse available for private events and gatherings

Peaceful, safe, and family-friendly residential environment

Strategic Location
Conveniently situated on the New Golden Mile border between San Pedro de Alcántara and Estepona:

Beach & Coastal Promenade: 3–4 minutes

San Pedro de Alcántara Centre: 5 minutes

Puerto Banús: 8–10 minutes

Championship Golf (Atalaya Golf & Country Club, ‌Guadalmina, ‌El ‌Paraíso): ‌Under ‌5 minutes

Málaga ‌Airport: ‌45 minutes

A ‌unique property offering lifestyle versatility, ‌proven holiday ‌rental ‌income, ‌and substantial upside potential ‌through ‌light ‌modernisation.

Private ‌viewings ‌strictly ‌by ‌appointment.
This property for sale in Atalaya has 3 bedrooms, 3 bathrooms and 204 m². 695,000 €. Located in Atalaya, on the Costa del Sol (Málaga, Spain). Reference R5513440. Contact EVS PROPERTY GROUP for more information or to arrange a viewing.

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Listed on 15/10/2026

Approximate address

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  • Address: Atalaya, Costa del Sol, Malaga, Spain
  • City: Atalaya, Estepona
  • Province: Málaga

Details and legal information

Updated on October 27, 2026

Decree 218/2005 of the Junta de Andalucía · Consumer information on the sale and rental of homes

  • ReferenceR5513440
  • Price€695,000
  • Area204 m²
  • Land Area146 m²
  • Bedrooms3
  • Bathrooms3
  • Garage0
  • Year Built1981
  • Property typeTerraced house

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Purchase costs and yield

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Resale
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Gross yield = annual rent ÷ price × 100. The net yield depends on costs, IBI and community fees: use the “Yield / ROI” tab.

An indicative calculation, not tax or legal advice. Rates in force in Andalusia as of 10/10/2026.

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