This substantial villa, set within the sought-after enclave of El Colorado in Nueva Andalucia, Marbella, presents an exceptional opportunity for those seeking a renovation project in a prime location. Boasting 7 bedrooms, 5 bathrooms, and a guest toilet, the property offers generous accommodation across a built area of 356m² and occupies a sizeable plot of 1,539m². The residence is ideally situated for access to local amenities, transport links, and is in close proximity to renowned golf courses, schools, shops, the port, and the sea.
Designed with family living and entertaining in mind, the villa features a spacious living room with a fireplace, a separate dining room, and a guest room, all complemented by marble floors throughout. Double glazing, fitted wardrobes, and security shutters enhance comfort and security, while a basement provides additional versatile space. The property also benefits from a private garage, offering secure parking for 3 cars plus a car port for another 2 – 3 cars, and storage.
Outdoor living is a key highlight, with a private swimming pool and landscaped gardens offering both pool and garden views. Multiple terraces, both covered and uncovered, provide options for relaxation and al fresco dining, including a dedicated barbeque area and guest toilet for convenience. The villa’s position on the mountainside ensures picturesque surroundings, while its proximity to a children’s playground makes it ideal for families.
Although in need of renovation, this villa represents a rare chance to create a bespoke home in one of Marbella’s most desirable neighbourhoods. Whether as a permanent residence or a luxurious holiday retreat, the property’s blend of space, location, and potential is sure to appeal to discerning buyers seeking a project in Nueva Andalucia.
Contact us
Similar Properties
Schedule a
Viewing
Book Now
Investment opportunity in the center of Estepona, located on Calle Mondéjar, a pedestrian street very close to the new boulevard, shops, services and within walking distance to the sea. The property sits on a plot of approximately 209 m² with 420 m² currently built, requiring full renovation or demolition, making it ideal as an urban plot for a new development project. According to urban planning regulations, it is possible to build a building with ground floor plus two additional floors, allowing the development of several apartments in one of the most sought-after areas of Estepona town center. Ideal for investors or developers.
Schedule a
Viewing
Book Now
Building comprising 4 spacious independent apartments and a commercial space with a basement, located in the old town of Marbella. With a constructed area of 404 m2, plus a large 145 m2 rooftop terrace offering beautiful views of the old town and the Church of La Encarnación. The building is situated between two streets, and all apartments have access to a small terrace/balcony. The main apartment has 3 bedrooms and is the only one with direct access to the rooftop terrace. Ideal property for tourist rental. The commercial space is also available for rent.
Schedule a
Viewing
Book Now
Enjoy open views to the Mediterranean, a short walk to the sea, and the freedom to rent part or all of the villa — with tourist license already in place. This is a spacious villa in Marbella East that offers flexibility, rental income, and long-term potential. The main house has 4 bedrooms, plus an extra room with its own ensuite bathroom that could be easily used as a 5th bedroom, office, or guest space. On the lower level, there are 2 fully independent studios, each with their own entrance, kitchen, and bathroom — perfect for short-term rentals or guests. The property has a valid tourist license, allowing it to be legally rented short- or long-term, either as a whole or in separate units (accommodating up to 14 guests in total). The two studios alone generate over €55,000 per year through platforms like Airbnb and Booking. The entire villa can realistically generate an average of €10,000 per month, reaching up to €120,000 gross per year. Inside, the house is bright and open, with a fireplace, underfloor heating, A/C in all rooms, and 30 solar panels to reduce electricity costs. Outside you’ll find a lush tropical-style garden, private pool, large garage (fits several cars), and room to expand — either by adding another level or building a separate one-floor house (subject to approval). The location is another plus: 5 minutes walking to the beach, with easy access to Marbella center. The area is developing fast — the coastal walkway is being renovated, making the beachside experience even better, and there are new projects happening nearby that add value to the area. Since this is an updated older property, there are a few important legal details to understand before visiting. All documentation is ready and will be shared in advance. If it sounds like what you're looking for — reach out. I’ll give you all the info and show you around.
Schedule a
Viewing
Book Now
NON-FINANCEABLE PROPERTY. This is a legally registered property, but not officially recorded in the land registry, situated on a rural plot and held in undivided ownership. Las Coscas Urbanization, El Hornillo area. Detached villa of 275m2 on a plot of approximately 1550m2, built on two floors. Plot with unobstructed views, large swimming pool, and garden area with vegetable garden and fruit trees. House with 7 bedrooms and 3 bathrooms, separate kitchen, and living room with fireplace. Multipurpose area with bathrooms. House equipped with solar panels [IW]. Just a few minutes from the AP7 motorway and the center of Fuengirola. Bus stop nearby.