Large Residential Plot for Luxury Villa in New Golden Mile
€875,000
€1,842/m²
- 1
- Bedroom
- 1
- Bathroom
- 475 m²
- Interior
- Land
- Type
- 31 Aug 2026
- Listed
The Habio take
This spacious 2,537m² residential plot offers an excellent opportunity for building a luxury villa with a buildable area of 475m². Located in the peaceful La Panera area of the New Golden Mile in Andalusia, it boasts unobstructed sea views towards Gibraltar and is just a short drive from the vibrant Puerto Banus.
- beach
- luxury
- investment
- quiet
Highlights
- Large plot size of 2,537m²
- Buildable area of 475m² plus extras
- Stunning sea views towards Gibraltar
- Close proximity to the beach (2km)
- Located in a high-quality urbanisation
- Only 10-12 minutes from Puerto Banus
Worth knowing
- Location may require a car for daily errands
Good fit for: Ideal for buyers looking to build a luxury home in a serene environment.
Lifestyle scores
- Beach
- 70
- Walkable
- 50
- Remote work
- 60
- Family
- 70
- Retirement
- 75
- Airport access
- 65
- Investment
- 80
- Luxury
- 85
- Value
- 70
About this place
This large plot is perfect for constructing a luxury villa, providing ample space for creative design. The plot size is 2,537m², allowing for a buildable area of 475m², plus additional space for a basement and porches.
Set in an elevated position, the property offers panoramic western sea views towards Gibraltar and the surrounding mountains. It is conveniently located just 2km from the beach and within easy reach of a variety of amenities, including great restaurants, supermarkets, hospitals, and schools.
Located in the high-quality urbanisation of La Panera, this plot is surrounded by luxury villas, ensuring a prestigious lifestyle. With all necessary services already in place, this is an excellent opportunity for investment in a sought-after area.
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
