Premium Residential Plot for 44 Units on Estepona's New Golden Mile
€3,500,000
€1,025/m²
- 1
- Bedroom
- 1
- Bathroom
- 3,413 m²
- Interior
- 5 m²
- Plot
- Land
- Type
- 3 Sept 2026
- Listed
The Habio take
This exceptional 4,997 m² plot in Estepona’s New Golden Mile is designed for the development of 44 luxury apartments with sea views. Located within walking distance to the beach and close to the vibrant city centre, this land offers an unparalleled investment opportunity in one of the Costa del Sol's most coveted areas.
- investment
- coastal
- luxury
- beach
Highlights
- Prime location on the New Golden Mile
- Sea views from the first floor
- Development potential for 44 luxury apartments
- Walking distance to the beach
- Close to the vibrant city centre
Good fit for: Ideal for developers aiming to create luxury residential units in a sought-after area.
Lifestyle scores
- Beach
- 90
- Walkable
- 75
- Remote work
- 60
- Family
- 70
- Retirement
- 80
- Airport access
- 70
- Investment
- 85
- Luxury
- 90
- Value
- 65
About this place
Situated directly opposite the prestigious 5-star Kempinski Hotel, this prime land parcel offers an extraordinary opportunity in Estepona, Andalusia. The plot size of 4,997 m² allows for a buildable area of 3,413 m², earmarked for the construction of 44 upscale apartments under the desirable 'Pueblo Mediterráneo' scheme, featuring a ground floor plus two additional floors.
This project holds immense potential for creating high-end residential units that include stunning ground-floor apartments with private gardens, units with partial sea views from the first floor, and impressive penthouses complete with solariums. The proximity to Laguna Village and Estepona’s lively city centre further enhances the appeal, making this an attractive proposition for international buyers focused on luxury living and a solid return on investment.
Where you’ll be
Estepona, Andalusia, Spain
Exact location is confirmed by the agent on enquiry.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
