Residential Plot For Sale In New Golden Mile
€3,500,000€1,025/m²
Andalusia, Spain
1
bedroom
1
bathroom
3,413 m²
interior
5 m²
plot
Land
property type
1 week ago
listed
About this place
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
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
