Description

Are you searching for the perfect canvas to design and build your bespoke Mediterranean residence? Grupo Ibercosta is proud to present an extraordinary real estate opportunity located in the prestigious enclave of Loma del Esparragal, nestled in the lower reaches of the Sierra Estepona. This expansive rustic plot offers a rare combination of absolute privacy, natural beauty, and immediate proximity to one of the most sought-after coastal cities in Southern Spain.

Estepona, frequently celebrated as the "Garden of the Costa del Sol," is located in the province of Málaga, Andalusia. This region is world-renowned for its exceptional microclimate, boasting over 300 days of sunshine per year and a quality of life that is second to none. This specific plot is strategically positioned for convenience: it is located just 3 minutes by car from the AP-7 motorway, providing swift access to Marbella and Málaga International Airport. Furthermore, the vibrant Estepona promenade, with its fine dining, luxury boutiques, and golden beaches, is a mere 10-minute drive away.

Architectural Potential and Building Specifications

Spanning an impressive 26,007 m² (2.60 hectares), this estate offers a unique legal framework for residential development. Under current regulations, there is the possibility of constructing a magnificent single-family home with a total area of up to 500 m². This allows for a creative architectural layout distributed across three distinct levels to maximize the terrain's potential.

The project can include a substantial basement floor of 250 m², which is ideal for a private gymnasium, a cinema room, a wine cellar, or a multi-car garage. The living quarters would consist of a ground floor of 125 m² and an upper floor of another 125 m². This configuration ensures that the main living areas benefit from elevated views of the surrounding mountains and the Mediterranean horizon, allowing for wide terraces and seamless indoor-outdoor living transitions.

A New Legal Era: Decree 550/2022

This investment is particularly attractive due to recent legislative changes in Andalusia. Following the approval of Decree 550/2022 on November 29, the Junta de Andalucía now permits the construction of detached houses on rustic land, provided the plot meets the minimum requirement of 2.5 hectares. A crucial advantage of this new law is that these houses no longer need to be linked to agricultural or livestock exploitation. This landmark decree, published in the BOJA on December 2, 2022, provides investors and homeowners with a clear and secure path to building a luxury home in a rural setting with full legal certainty.

Infrastructure, Utilities, and Security

Unlike many rustic plots that lack basic services, this land is exceptionally well-prepared for development. The perimeter of the property is largely fenced, providing a clear boundary and immediate privacy. Access to the estate is managed through a robust security gate, ensuring peace of mind for the owner. Regarding utilities, the land is already equipped with a functional water meter and holds active membership in the Irrigation Community of El Esparragal (Estepona).

For those concerned about modern amenities, electricity connection is highly accessible. The proximity of existing power lines means that bringing a high-capacity connection into the plot is a straightforward and cost-effective process. This infrastructure readiness significantly reduces the lead time and complexity of starting a new construction project.

Transparent Financial and Acquisition Details

At Grupo Ibercosta, we prioritize transparency in every transaction. The advertised price includes the seller's agency fees. However, potential buyers must consider the standard expenses and taxes associated with property acquisition in Andalusia. These include the Property Transfer Tax (ITP) at 7% of the purchase price, as well as Notary and Property Registry fees, which are regulated by official national scales (Royal Decree 1426/1989 and 1427/1989). Additionally, administrative management services (Gestoría) are estimated at approximately €600.

Investing in this plot in Estepona represents more than just a land purchase; it is an investment in a lifestyle and a secure asset in one of Europe’s most resilient real estate markets. Whether you envision a sustainable eco-villa or a modern architectural masterpiece, this land provides the space and legal foundation to bring your vision to life in the heart of Southern Spain.