Villas for sale in El Paraiso, Estepona

Impression after renovation.. Set just a short walk from the quiet shores of El Saladillo and Costalita, this five-bedroom, four-bathroom villa on Calle de la Vela presents a rare opportunity to create a bespoke luxury residence in one of Estepona's most sought-after coastal addresses. The 816 m² south-facing plot is level and well-established, offering maximum sunlight year-round and ample space for a designer pool and generous outdoor living areas. Planning parameters allow for construction of up to approximately 350 m², with the option to add a second storey and a basement, opening the door to potential sea views and a fully contemporary architectural vision. Puerto Banús and Estepona's town centre are just minutes away by car, while restaurants, supermarkets and transport links are within easy reach on foot. Whether the goal is a high-yield development project or a personally tailored forever home, properties with this combination of location, plot size and expansion potential are genuinely rare on the Costa del Sol.