Description

Exclusive La Paloma Reform Project: Panoramic Sea Views & Unbeatable Value

Overview
This is an exceptional, and rare, investment opportunity to acquire a substantial, standalone villa in one of the Costa del Sol's most sought-after and exclusive residential enclaves: La Paloma, Manilva.

This substantial 5-bedroom, 6-bathroom residence is presented as a full renovation project. Priced significantly below market value, it is a "diamond in the rough" waiting for a visionary to restore its former glory and unlock its true, immense potential.

This property is not just about its space; it is defined by its unbeatable location and its truly breath-taking, panoramic, open-unobstructed views of the Mediterranean Sea and the entire coastline.

The Prime Location: La Paloma, Manilva
La Paloma is synonymous with prestige, tranquillity, and a luxurious lifestyle. It is a well-established, secure, and private community of high-end, bespoke villas, all designed to maximize the incredible vistas.

Beachfront Proximity: You are just a short 5 minute drive from the golden sands and clear waters of the Mediterranean. This proximity is a critical driver of the area's high property values.

Amenities at Hand: A few minutes' drive takes you to the charming Puerto de la Duquesa, with its array of waterfront restaurants, cafes, and berths. The vibrant towns of Estepona and Sotogrande (with its world-class polo, marina, and golf) are less than a 15-minute drive.

Connectivity: The property enjoys easy access to the A-7, putting Gibraltar and its airport within 25 minutes, and Málaga International Airport just a hour away.

Surroundings: The immediate area is dotted with top-tier golf courses, international schools, and natural parks, making it a perfect spot for both year-round living and a high-end holiday retreat.

The Property: A Canvas for Your Masterpiece
The villa is a large-scale project that demands a full transformation, offering the discerning buyer a complete blank canvas.

While the current structure requires a comprehensive overhaul—from plumbing and electrical to windows, flooring, and all fixtures—the fundamental bones are solid, and the space is vast.

Potential Key Features to Create:

Open-Plan Living: Reconfigure the main floor to create a seamless, light-filled living, dining, and kitchen area that frames the million-dollar sea views.

The Bedrooms: All five bedrooms can be transformed into spacious, luxurious suites.

The Exterior: This is where the magic happens. The expansive plot offers immense potential to create:

Tiered, landscaped tropical gardens.

State-of-the-art outdoor kitchen and dining areas.

A massive rooftop solarium with 360-degree views, perfect for a chill-out zone, hot tub, or yoga deck.

Basement Potential: Depending on the structure, there is a potential to create a cinema room, a home gym, a spa, or even an independent guest apartment.

The Investment Potential: A Real "Before & After" Story
This is not a property for someone seeking a "move-in ready" home. This is a project that demands time, care, and a significant investment.

However, the reward is extraordinary.

This villa is priced to reflect its current state. A comprehensive, high-standard renovation will transform this property into a truly stunning, trophy home, competing directly with the finest properties on the coast.

In La Paloma, fully finished villas of this size, specification, and especially with these open, panoramic views, are achieving market values comfortably in excess of €3 million. This project offers a substantial, clear margin of profit for a developer or a significant equity gain for an owner-occupier.

Why Choose This Project?
Unrivalled Location: La Paloma is a name that guarantees value.

"Unsellable" Views: You can change a kitchen, but you cannot change a view. These unobstructed, panoramic sea and coastline vistas are the single most valuable and rare feature of any property.

Priced to Transform: Acquire prime real estate at a fraction of its future value.

Complete Customization: Create your dream home from the ground up, tailored perfectly to your tastes and lifestyle.

Exceptional ROI: The potential profit upon completion is immense, making it one of the most exciting investment opportunities available today.

Schedule Your Viewing
Opportunities to create a masterpiece on a plot with a view like this are increasingly rare in La Paloma. This property must ‌be ‌seen ‌to ‌be fully ‌appreciated.

We ‌invite ‌serious ‌buyers ‌and investors ‌with a ‌vision to ‌contact ‌us for ‌a private viewing and ‌to ‌discuss ‌this ‌unique ‌project ‌in ‌detail.

Details

Property Reference:R5486980
Reference Agency:
Country:Spain
Year Built:1990

Features

Setting: Close To Town, Close To Schools
Orientation: South
Condition: Renovation Required
Pool: Private, Indoor, Heated
Climate Control: Air Conditioning, Hot A/C, Cold A/C, Fireplace
Views: Sea, Mountain, Beach, Port, Panoramic
Features: Covered Terrace, Fitted Wardrobes, Near Transport, Private Terrace, Solarium, Satellite TV, WiFi, Gym, Storage Room, Utility Room, Ensuite Bathroom, Wood Flooring, Marble Flooring, Bar, Double Glazing
Furniture: Not Furnished
Kitchen: Partially Fitted
Garden: Private, Easy Maintenance
Security: Alarm System
Parking: Garage, Private
Utilities: Electricity, Drinkable Water, Telephone
Category: Investment, Resale

Address

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Hernan Bustos
Hernán Bustos
Director - Real Estate Broker
€ (EUR)
€ (EUR)

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    Coby Keilhplz
    19 September 2026
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    I sold my apartment in Spain with the help of Hernán Bustos - Real Estate Experts in just a week. They are an amazing team of professionals, covering everything from photography and videography to transaction support and all the paperwork – fast, efficient, and well-organized work. I'm very pleased, thank you so much! I highly recommend them.

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    Andrija Gavrilovic
    8 July 2026
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    We sold our property in Costa del sol quick and easy with Hernán Bustos. Great service, we recommend.
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    6 July 2026
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    I've had the opportunity to work with Hernán Bustos Real Estate, and the experience has been excellent. Beyond their professionalism, I want to highlight the personal touch of the entire team. From the very first moment, they made me feel comfortable, listened to, and genuinely interested in helping. I especially want to thank Hernán for his approachability, commitment, and generosity. Nati interviewed me to learn about my business and find the best way to support it, which demonstrates that they care not only about selling properties but also about people and the local business community. It's a pleasure to find professionals who work with such honesty, empathy, and dedication. Without a doubt, this real estate agency is highly recommended.

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    ana soto
    23 April 2026
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    I give 5 stars to Hernán Bustos Real Experts! Professionalism, experience, efficiency, absolute transparency, dedication, zero surprises, and above all, exceptional customer service… All these qualities perfectly describe Hernán Bustos, who guided me through the sale of my house and also during the search for my new home, right up until I had the keys in my hand. He helped me with the thorough review and paperwork, so I felt completely secure with his support and that of his team! Thank you, Hernán, for making this complex process so easy for me… I recommend them 100%!

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    16 April 2026
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