We present this exceptional villa located in one of the most sought-after areas of Nerja, in the prestigious and peaceful Capistrano neighborhood. This is a truly unique property in terms of both size and potential, built on one of the largest plots in the area, with over 3,000 m² of south-facing landscaped gardens offering unbeatable panoramic sea views. Surrounded by lush vegetation, fruit trees, and tropical plants, the property ensures privacy and a high quality of life. The main house has a built area of 476 m² and is currently divided into four independent apartments plus a studio, offering a total of nine bedrooms and eight bathrooms. Each unit has its own private entrance, providing excellent flexibility for large families or immediate use as a tourist rental business. The villa is in good condition, fully furnished and equipped, and ready to move into or start renting out right away. It also has a First Occupancy License (LPO) and all the necessary legal documentation. One of the most outstanding features of this property is its significant development potential. The plot includes four registered units, of which only one is currently built upon, allowing for the construction of up to three additional detached villas of up to 250 m² each, with two floors and private swimming pools. There is also the possibility to subdivide the large plot and build two more independent houses, making this a unique opportunity to develop a large-scale tourist or real estate project in a prime location. The property includes a closed garage for two vehicles, solar panels for hot water, an automatic irrigation system, and separate electricity meters for each apartment. It also offers several sunny terraces facing south, perfect for enjoying the Mediterranean climate and open sea views. This is a truly exceptional property that combines location, space, privacy, and development potential – a rare find on the current Nerja market. Whether you’re looking for a solid investment or a residence with expansion opportunities, this villa offers everything needed to become one of the best real estate opportunities in the area. For more information or to arrange a viewing, please contact Fastighetsbyrån.