Prime Development Land Near Estepona on New Golden Mile
€2,700,000
1
bedroom
1
bathroom
Land
property type
6 days ago
listed
The Habio take
AI summaryThis expansive plot of 9,500 square metres offers exceptional investment potential in the New Golden Mile of Estepona. Just 3 km from Estepona centre and 1 km from the beach, it boasts visibility from a major highway which enhances its commercial viability.
- investment
- beach
- coastal
- new build
Highlights
- 9,500 square metres of land
- Potential for 1,415 square metre commercial store
- High visibility from a busy road
- Easy access to Estepona and Marbella
- Surrounded by established developments
Worth knowing
- Developing land requires investment and planning approval
- Investment potential dependent on local market conditions
Good fit for: Ideal for investors seeking a high-potential commercial development opportunity.
Lifestyle scores
- Beach
- 70
- Walkable
- 40
- Remote work
- 60
- Family
- 50
- Retirement
- 70
- Airport access
- 80
- Investment
- 80
- Luxury
- 70
- Value
- 65
About this place
This urbanizable land presents a unique opportunity for those interested in investing in a prime location within the New Golden Mile area of Estepona. Encompassing a generous 9,500 square metres, the plot has ample space for development, including the potential construction of a 1,415 square metre commercial store with direct visibility from one of the busiest roads on the Costa del Sol.
Located just 3 km from the centre of Estepona and 1 km from the beach, this plot benefits from easy access to the main roadways connecting Estepona, Marbella, and the broader Malaga region. Surrounded by numerous ongoing developments, established workshops, and prestigious residential areas, including the Kempinski 5-star hotel and Alcazaba Beach, it is perfectly positioned to attract business and visitors alike.
Additional features include an upper section of the property that can be utilised for parking, thereby enhancing convenience for future customers. This substantial plot offers immense development potential, making it an outstanding investment opportunity.
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
