It might come as a surprise to know that most of the new development in the Marbella area in recent years has been focused upon what is known as the New Golden Mile – a coastal stretch that extends from Estepona east to San Pedro Alcántara in Marbella west.
One of the reasons for this is the fact that it is harder to obtain building licences within Marbella’s municipal area than in neighbouring municipalities such as Benahavis and Estepona, to which the New Golden Mile belongs.
Other important reasons are the greater availability of building land, the lower land and construction cost, and therefore the greater value for money offered by this up-and-coming new luxury address on the Costa del Sol – but also the successful beautification programme that has revitalised Estepona and made it a town on the move that is increasingly in vogue with discerning homebuyers and visitors.
Estepona’s previous status as a somewhat downmarket alternative to Marbella is therefore being challenged, and the town hall is keen to ensure that there isn’t just development, but quality property development, with an accompanying growth in luxury resort, spa, dining, nightlife and shopping options as well. That this is working very well is borne out by the fact that right now the New Golden Mile is the place that offers more variety and choice of quality modern properties for sale on the Costa del Sol.
The price ranges, property sizes, locations, orientations and views may vary, but generally we’re talking about small gated villa communities offering the latest in architectural styling and modern comforts, luxurious apartments and penthouses, and also a smaller selection of stylish modern townhouses and semi-detached villas to which are added privately built villas on individual plots. The variety of styles, amenities, budgets and homes is therefore excellent, and you can also choose from a prime beachside location at Emaré or The Edge, a golf setting or a residential environment surrounded by nature yet about five minutes from the beach.
Contact us for more information or to arrange a viewing of the best off-plan and new-build property projects on the Costa del Sol.
