Residential Plot in New Golden Mile

€3,500,000

  • 3.413m² Built
  • 4.997m² Plot

Property Overview

The Crown Jewel of Estepona's New Golden Mile: Premium Land for 44 Units with Sea Views (Pueblo Mediterráneo)

An unrepeatable opportunity to dominate the most sought-after luxury expansion zone on the Costa del Sol. Strategically positioned opposite the iconic 5-star Kempinski Hotel, this 4,997 m² plot offers an unbeatable location: walking distance to the beach, a stone's throw from the exclusive Laguna Village, and very close to the vibrant city center of Estepona.
The asset (boasting 3,413 m²t of buildability) allows for the development of 44 luxury apartments under the highly demanded "Pueblo Mediterráneo" typology (Ground Floor + 2). This layout guarantees an unparalleled resort-style living experience, creating stunning ground-floor units with private gardens, guaranteed partial sea views starting right from the first floor, and spectacular penthouses with solariums. This is the ultimate end-product for international buyers seeking design, sunshine, and ROI just steps from the Mediterranean.
Project Volume: 44 Premium Apartments
Typology: Pueblo Mediterráneo (GF + 2)
Key Highlights: Walking distance ‌to ‌the ‌beach, ‌close to ‌the city center, ‌and ‌sea views from ‌the 1st floor.
Plot ‌Size: 4,997 m² | ‌Buildability: ‌3,413 m²t
Asking Price: ‌€3,500,000 ‌+ ‌VAT
Estimated ‌Urbanisation ‌Costs: ‌€1,500,000

Features

  • Setting: Town, Close To Golf, Close To Shops, Close To Sea, Close To Town, Close To Schools, Close To Forest, Urbanisation.
  • Condition: Renovation Required, Restoration Required, New Construction.
  • Pool: Room For Pool.
  • Climate Control: Air Conditioning, Pre Installed A/c, Hot A/c, Cold A/c, U/f/h Bathrooms, Central Heating.
  • Features: Covered Terrace, Fitted Wardrobes, Near Transport, Private Terrace, Solarium, Satellite Tv, Wifi, Storage Room, Ensuite Bathroom, Marble Flooring, Barbeque, Double Glazing, Near Mosque, Near Church, Fiber Optic.
  • Security: Gated Complex, Electric Blinds, Entry Phone, Alarm System, 24 Hour Security, Safe.
  • Parking: Garage, Optional.
  • Utilities: Electricity, Drinkable Water.
  • Category: Bargain, Beachfront, Cheap, Golf, Holiday Homes, Investment, Luxury, Off Plan, Reduced, Resale, With Planning Permission, Contemporary.
  • Promotion: Lift.

Tell me more

  • Tell me more about New Golden Mile
    The New Golden Mile is a prestigious coastal stretch in Málaga province, Andalusia, Spain, extending roughly from San Pedro de Alcántara to Estepona. It is characterized by luxurious residential developments, five-star hotels, exclusive beach clubs, and several renowned golf courses. Unlike the original Golden Mile of Marbella, it offers a more relaxed yet equally upscale environment with modern architecture and extensive green spaces. The New Golden Mile attracts discerning buyers and visitors seeking high-quality properties and amenities in a tranquil beachfront setting.
  • How far is this property from the nearest airport?
    New Golden Mile is 65km from the nearest airport, approximately 50 minutes driving time.
  • What are the annual runing costs of this property?
    The annual running cost are €1,536 consisting of IBI €1536 (Impuesto sobre Bienes Inmuebles' or Council Tax), Community Fees €0 and Garbage €0.
    * Based on current information; values are subject to revision.