---
type: property
title: S EXCEPTIONALSEA VIEW INVESTMENT OPPORTUNITY: LUXURY VILLA WITH PROJECT AND LICENSE IN PARADISE, BENAHAVÍS
description: Villa for sale in El Paraiso, Estepona East, Estepona, 4 bedrooms, 364 m2 built, 1590000 EUR
language: en
tags: [for-sale, property, villa, el-paraiso, estepona-east, estepona]
id: GR82-1513P
updated: 2026-09-12
resource: https://www.propertytop.com/forsale/el-paraiso/villas/733-GR82-1513P
image: https://media.inmobalia.com/imgV1/B8vEv5Xh_V8qnoSUnXFRRc_uKfehTtEljoQ4LLrIEphslQUvCZPYeKW3DJqW8K2TDbpt3EpEXwIAr4pHV7nygGNqsFwtgL5gELU7AOhcZ45JqYLQ_sEtRhdQqJWN2UuQbnN9fnCglEKeKo~fRo0vAnNA9Fe7nyLkdTwtzzaZ731RfMzYt~M1EE0OTa4sbP8vfKaIqa2YpKqzTobRTm0Zk_xmsNC92YPpvn4Y2H1hWkDPTFxRNi0O9akQ5N8aCT~HOxKi_iugvkiUO6wOLTwCXY0ETsdCiKYr3NJZJ1sTLtt5ZOXM5Yekdw5xz5qjGAW9c~o6FZhqr8Hy.jpg
---

# About

We present a strategic investment opportunity in one of the most established and sought-after areas of the Costa del Sol. This property is situated on a generous 2,138 m² plot and is being marketed with a completed Construction Project and Building Permit granted by the Benahavís Town Hall. This competitive advantage allows the buyer to begin construction immediately, avoiding the usual administrative waiting times that currently range from 12 to 18 months. The Transformation and Expansion Project The project, designed by a prestigious architecture firm, proposes a complete renovation and expansion that transforms the original structure into a modern and functional three-level villa. The property will have a constructed area of ​​approximately 500 m², distributed as follows: In the basement, 85 m² are reclaimed to create a private garage and a state-of-the-art gym, adding residential value that was previously nonexistent. The ground floor is redesigned with an open-plan concept, integrating a spacious living-dining room, a designer kitchen, two en-suite bedrooms, an office, and direct access to large terraces with a pool and garden. Finally, the upper floor is expanded by removing the old roof to accommodate the main master suite with a dressing room, private bathroom, additional office, and panoramic terraces. Investment and Profitability Analysis The current market in El Paraíso for modern villas of this size places sale prices above €5,600/m². While a completed villa in this area can reach a market value of between €3.5 and €4.2 million, this transaction allows for entry at the price of an asset for renovation. Considering an estimated investment in renovations to achieve luxury finishes, the investor stands to gain a potential capital appreciation of over €1 million upon completion of the project. What does the offer include? The acquisition of this property guarantees the delivery of all the intangible assets necessary to begin construction: 1. Ownership of the 2,138 m² plot and existing structure. 2. Complete and approved Construction Project, including layout plans, installations, and structural details. 3. Valid Building Permit. 4. Completed Waste Management and Health and Safety Study. In short, it is the ideal property for a homeowner who wants to personalize their home without delay, or for an investor looking to maximize their return in the municipality with the highest per capita income and exclusivity in the area.

# Facts

- Price: 1590000 EUR
- Location: El Paraiso, Estepona
- GPS coordinates: [36.47265,-5.033627]
- Property Type: Villa
- Reference: GR82-1513P
- Bedrooms: 4
- Bathrooms: 3
- Sizes in m2: [built: 364, plot: 2138]
- Construction Year: 1996
- Orientation: SO
- Features: [Private terrace, Living room, Close to shops, Close to town, Close to schools, Sea view, Pets allowed, Laundry room, Ground floor patio, Covered terrace, Garden view, Walk-in closet, Steam Room, Unfurnished, Fireplace, Close to golf, Uncovered terrace, Basement, Games Room, Storage room, Gym, Balcony, Solarium, Dining room, Barbecue, Renovation Needed, Guest toilet]

# Discovery

- [Properties in El Paraiso](https://www.propertytop.com/forsale/el-paraiso.md)
- [Properties in Estepona East](https://www.propertytop.com/forsale/estepona-east.md)
- [Properties in Estepona](https://www.propertytop.com/forsale/estepona.md)
- [Villas in El Paraiso](https://www.propertytop.com/forsale/el-paraiso/villas.md)

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