It was on this pineclad rocky promontory that the first 'urbanised' holiday homes were erected in the area during the 1950's. Since then the entire headland has been developed right the way up to the lighthouse on top, in a series of modern luxury urbanisations, apartments and chalets. To the east of the peninsula in the area known as Los Berengueles, shelters a small beach and the Marina del Este sports port which is centre of nautical life for the area. The marina is also being developed extensively for further residential occupation.

Sold for half a million pesetas only 50 years ago, the Punta de la Mona has become one of the most prestigious and expensive areas to live in and real estate prices have soared in recent years. Breath-taking panoramic views from almost every point make it a special place to have a home. Most of the older properties are quite large and discrete, with their own garden and occasional private jetty. More recent buildings are either apartments or pueblo-style urbanisations.

The rocky shoreline for most of the Punta is virtually inaccessible, with steep cliffs and deep water, punctuated by occasional caves which form one of the local diving attractions. On the eastern side, however, a small inlet behind a large rock known as Peñón de las Caballas (Mackerel Rock), has been developed into the Marina del Este, a moderate-sized sports port with around 220 moorings. The port is a popular venue, particularly in summer, with restaurants, bars and shops to entertain visitors. Beside it is the Playa de los Berengueles, the Punta's only beach which is very popular in summer.

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