The Crown Jewel of Estepona’s New Golden Mile: A Premier Development Opportunity for 44 Luxury Residences
- 3413 M² Build 4997 M² Plot
Grupo Ibercosta is proud to present an unrepeatable investment opportunity to dominate the most sought-after luxury expansion zone in Southern Spain. Located in the heart of Estepona’s New Golden Mile, this premium plot represents the pinnacle of real estate potential on the Costa del Sol. This is not merely a piece of land; it is the canvas for a high-end residential masterpiece, strategically positioned to capture the growing demand for exclusive Mediterranean living.
The location of this asset is truly unparalleled. Situated directly opposite the iconic 5-star Kempinski Hotel Bahia, the plot sits within an elite enclave that defines modern luxury. The New Golden Mile has become the premier destination for international investors seeking a blend of sophistication, tranquility, and accessibility. Future residents will enjoy being within walking distance to the pristine Mediterranean beaches and a stone’s throw from the world-renowned Laguna Village, which is currently being transformed into one of the most exclusive social and retail hubs in Europe. Furthermore, the vibrant city center of Estepona, known as the "Garden of the Costa del Sol," is just minutes away, offering a perfect balance between traditional Andalusian charm and cosmopolitan infrastructure.
This 4,997 m² plot offers a rare level of connectivity and prestige. To the east, the glitz and glamour of Puerto Banús and Marbella are easily reachable within a fifteen-minute drive. To the west, the world-class golf courses of Sotogrande await. This strategic position in the South of Spain ensures that any development here will benefit from the region's 300+ days of sunshine and a year-round flow of high-net-worth international visitors and residents.
The technical specifications of this project make it a developer’s dream. With a total buildability of 3,413 m²t, the land is designated for the development of 44 luxury apartments under the highly coveted "Pueblo Mediterráneo" typology. This specific architectural style, characterized by a Ground Floor + 2 configuration, is currently the most demanded layout in the premium market. It allows for a low-density, resort-style living experience that maximizes privacy and outdoor space—elements that have become non-negotiable for modern luxury buyers.
The intelligent layout of the "Pueblo Mediterráneo" design ensures a diverse and attractive end-product. The ground-floor units are designed to feature expansive private gardens, creating a "villa-apartment" feel that is exceptionally popular among families. Moving upward, the first-floor residences are guaranteed partial sea views, while the spectacular penthouses on the second floor will boast massive solariums with panoramic vistas of the Mediterranean Sea and the North African coastline. This variety ensures a broad market appeal, from lifestyle seekers to savvy investors looking for high-yield rental properties.
From an investment perspective, the figures presented by Grupo Ibercosta reflect a solid and high-margin opportunity. With an asking price of €3,500,000 (plus VAT) and estimated urbanisation costs of €1,500,000, the entry point for a project of this magnitude on the New Golden Mile is exceptionally competitive. Given the scarcity of final-product land in such a prime coastal location, the potential Return on Investment (ROI) is significant. The demand for new-build luxury apartments in Estepona continues to outpace supply, driving capital appreciation and ensuring a swift exit strategy for developers.
The New Golden Mile is no longer just an alternative to Marbella; it has become a primary destination in its own right. Its wide boulevards, upscale beach clubs, and proximity to international schools and high-end medical facilities make it the preferred choice for the modern European expat. This project allows a developer to tap into that lifestyle, offering a product that combines contemporary design with the timeless allure of the Mediterranean shoreline.
In summary, this plot represents a unique chance to secure a foothold in the most promising development corridor of Southern Spain. Whether you are looking to develop a landmark residential complex or seeking a high-value asset for a portfolio, this property on the New Golden Mile offers the location, the views, and the technical flexibility to succeed. Contact Grupo Ibercosta today for detailed architectural insights and to arrange a private viewing of this exceptional site. The future of luxury living in Estepona starts here.
Reference R4766164
Status
SaleProperty Type
LandBuild size
3,413 M²Plot Size m²
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