With its authentic Andalusian charm and recent investments, Estepona is positioning itself as the emerging destination on the Costa del Sol. A city of contrasts, where traditional white houses blend harmoniously with contemporary architecture, is rapidly transforming into a luxurious yet accessible coastal town that is attracting more and more international buyers. Property in Estepona is in demand.

A city in full bloom

Estepona distinguishes itself from other coastal cities by its thoughtful balance between development and authenticity. The town is known as the 'Garden of the Costa del Sol', with more than 70 top-class golf courses, 21 kilometres of beaches and 325 days of sunshine a year - ideal for overwintering.

Moreover, in recent years, the city government invested heavily in the beautification of the city centre, resulting in a pedestrian-friendly historic heart full of flowering flower boxes and atmospheric squares.

Estepona in figures

• Over 67,000 inhabitants (2024)
• 21 kilometres of coastline
• 325 days of sunshine a year
• Average temperature: 19.2°C (summer 25°C, winter 14.3°C)
• 137 square kilometres of surface area
• Only 45 km from Gibraltar Airport and 80 km from Málaga Airport

Strategic location and accessibility

The city benefits from an excellent location between Marbella and Gibraltar. Málaga airport is eighty kilometres away, while Gibraltar International Airport is just 45 kilometres. This strategic position, combined with excellent road connections via the A-7 and AP-7, makes Estepona perfectly accessible to both permanent residents and seasonal visitors.

Impressive property figures

The property market in Estepona shows consistent growth that inspires confidence among investors, part of Spain's 'Golden Triangle' with Marbella and Benahavís for good reason.

Recent figures show a price rise of 16.87% between November 2023 and October 2024, with an average asking price of €3,908 per square metre. Prices are even higher in the luxury segment, with an average of €7,591 per square metre for premium properties.

Strong value growth and returns

Real estate in Estepona shows not only growth, but also stability. Specifically for the luxury segment, we see average:

• An asking price of €2,758,013 for luxury homes
• A living area of 436 square metres
• A rental yield of 4-6%

Modern developments while retaining character

Estepona is distinguished by a mix of traditional and modern neighbourhoods. East of the centre rises the 'New Golden Mile', a prestigious area that sets new standards for luxury coastal locations. At the same time, the historic centre retains its authentic character, with renovated streets and squares that perfectly preserve the Andalusian atmosphere.

A full range of facilities

The city offers all the modern conveniences that international buyers expect:

• A modern marina with restaurants and shops
• Prestigious golf courses and sports facilities
• The spectacular Orchid House as a cultural highlight
• Excellent restaurants and shops
• High-quality healthcare and international schools

Buying property in Estepona?

With its strategic development, stable price growth and continued appeal to international buyers, Estepona offers excellent prospects for real estate investors. Whether you are looking for a second home or an investment property, the combination of lifestyle, amenities and value retention makes Estepona a very interesting option.

In the spotlight: Altezza real estate project in Estepona

The emerging La Resina area is developing Altezza Suites, an exclusive project of 72 flats. With two to four bedrooms, extensive amenities and spectacular sea views, the project offers an ideal combination of luxury living and investment potential. The carefully chosen location, 14 kilometres from Puerto Banús, offers tranquillity and accessibility.

Interested in this project or curious about other opportunities in Estepona? Contact Alness for personal advice on the best locations and available properties to suit your needs and investment goals.