Beachside Bungalow in Los Monteros with Approved Licence for a New Luxury Villa

Located in one of the most exclusive residential areas of Marbella East, this exceptional property in Los Monteros Playa represents a unique investment opportunity just moments from the beach. The property currently comprises an old bungalow with 217 m² built and comes with an approved building licence for the development of a contemporary new-build luxury villa. The project envisions an elegant modern residence distributed across a basement, garden level, first floor, and a spectacular rooftop terrace with private pool, in addition to the access to the community swimming pool. Designed to maximise natural light and Mediterranean views, the future villa will offer approximately 300 m² of interior living space, complemented by generous terraces and a spacious basement level. The garden floor has been planned as the private sleeping quarters, featuring three en-suite bedrooms and an additional lounge area. The first floor will accommodate the main living spaces, including an open-plan kitchen, dining area, and lounge, all positioned to enjoy pleasant sea views from this elevated level. The panoramic rooftop terrace, complete with pool and chill-out area, will provide the perfect setting to enjoy Marbella’s exceptional year-round climate, with open views towards the Mediterranean Sea and the surrounding mountains. Demand in Los Monteros remains exceptionally high due to the limited availability of properties in this sought-after beachside location. The area is highly appreciated for its tranquillity, privacy, and security, as well as its proximity to some of Marbella’s finest lifestyle destinations. Within walking distance are the prestigious beaches of Los Monteros, the renowned La Cabane beach club, and the exclusive 5-star Kimpton Los Monteros Hotel, offering several restaurants, a spa, swimming pool, as well as tennis and paddle tennis facilities.