Apartment in Estepona Ref R5442388
Manilva · Costa del Sol
+22 more photos available — request the full set.
Set within the peaceful gated community of Punta Paloma in Manilva, this beautifully presented penthouse combines generous living spaces, panoramic Mediterranean views, and excellent investment potential on the Costa del Sol. Offered fully furnished and key-ready, the property is ready to enjoy immediately as a permanent residence, holiday home, or rental investment.
The apartment offers 137 m² of well-designed living space with two spacious bedrooms and two modern bathrooms. Bright, open-plan interiors are filled with natural light thanks to the south-facing orientation, while the living and dining area flows effortlessly onto expansive private terraces overlooking the sea. Whether enjoying breakfast in the morning sun or relaxing at sunset, the outdoor spaces provide an exceptional setting for year-round Mediterranean living.
The fully equipped kitchen complements the practical layout, while quality finishes throughout create a comfortable and contemporary atmosphere. The property also includes a private underground parking space and a generous storage room.
Residents benefit from beautifully maintained communal gardens, a heated outdoor swimming pool, a heated indoor pool, and the privacy of a secure gated community with low community fees.
Located only 900 metres from the beach, the penthouse enjoys easy access to La Duquesa Marina, Sotogrande, Estepona and Gibraltar. Golf enthusiasts are perfectly positioned just minutes from La Duquesa Golf and San Roque Golf Club, while restaurants, beach clubs, shops and everyday amenities are all within easy reach.
With strong rental demand in the area and an estimated return on investment of 5–8%, this property represents an outstanding opportunity to secure a luxury property on the Costa del Sol that combines lifestyle, convenience and long-term value.
At 3.066 € per m² built, this listing sits 29% below the median asking price for apartments in Estepona on our books — 4.292 € per m² across 770 listings.
Those are asking prices from our broker feed, not sold prices. Agreed figures on the Costa del Sol routinely land below asking, and the gap moves with the area and with how long a property has been on the market. We wrote about that difference in asking versus sold price.
The closest 6 listings we hold for apartments in Estepona, ordered by how near they sit to this asking price.
Every viewing is in person, with a senior member of our team. We come prepared with the building check, comparable transactions, and our honest read.