The Golden Mile of the Costa del Sol moves 26 kilometres west of Marbella
Currently there are almost 60 promotions underway, and in marketing, more than 200, with prices ranging from between €200K up to €3M.
In November 2015 the Supreme Court declared a null revision of the General Plan of Urban Planning in Marbella. The urban paralysis and the legal uncertainty meant that promotors and investment funds started to look in nearby towns. One of them is Estepona, which has taken full advantage of the situation and has firmly planted seeds to become the future golden mile of the Costa del Sol.
Estepona, located just 26km west of Marbella, is currently home to almost 60 promotions with a further 200 in the marketing stages. The projects see prices ranging from €200K to €3M.
According to ‘El Confidencial’ statistics show that the sales pace throughout the month of January 2019 has been very good, even better than that in Madrid.
Estepona is undoubtedly one of the areas of the Spanish coast where there is a greater recovery in the housing market and with an upward trend, since prices are still 45% below maximums.
Estepona has an extraordinary climate, 28km of coastlines, good infrastructures, interesting investment opportunities and a wide range of prices, all factors that have made it one of the most requested places on the Costa del Sol as a holiday destination.