Estepona East is located between the west of Marbella/Guadalmina and Estepona Town. This area is widely referred to as New Golden Mile, taking name and inspiration in every respect from the neighboring Marbella’s Golden Mile. Even if initially this term was applicable to the beachside area, now it has been extended also to the mountainside, since New Golden Mile is not just a section of territory, it refers to a lifestyle.
Being half way between the pompous Marbella and the typically Andalusian Estepona, this area is a fusion of leisure and ease and a perfect blend of both worlds.
Read further and discover the New Golden Mile and its rich real estate market.
1. A New Golden Mile lifestyle
The New Golden Mile offers you everything for a luxury living: the Mediterranean Sea with beautiful beaches, leisure activities, amenities and high standard services, chic and relaxing spaces and a wealthy and international community. The area has begun its maximum expansion at the beginning of the 2000s with luxury residential complexes, resorts, services and leisure spaces arising and turning this pure coastal region into a hot spot of the Costa del Sol.Just as in the whole Costa del Sol, Golf is a leitmotif of the New Golden Mile as well. All the four golf courses in the area, El Paraiso, El Campanario Golf Resort, La Resina and Atalaya, have outstanding reputations for providing best design and layouts, offering this way unique and enjoyable rounds of golf, as well as for having friendly and international staff and members.
Tennis and paddle are other very popular activities among the residents and visitors. Bel-Air Tennis Club, Racquet Club Villa Padierna, Tenis Club Alhambra del Golf, Los Reales and Estepona Tenis and Padel Club frequently organize paddle tournaments and are perfect places to socialize and have fun through sport.
The New Golden Mile wouldn’t have the same prestige without some of the most exotic and chic beach bars like Sonora Beach, Salduna Beach, Barraka Beach, Anantara By the Sea Beach Club or restaurants like Tikitano, Baltazar, Playa Bella, Fons, El Carnicero and many others where to explore the Spanish and international cuisine with Andalusian and Costa del Sol allure.
Service-wise, in the New Golden Mile are many commercial areas where you can find pretty much all necessary services from cafes and supermarkets to sporting facilities and banking, this being a great advantage, not to necessarily drive into Marbella or Estepona towns for your daily errands.
For the little ones, there is an ample range of entertainment activities from playground areas to workshops and of course the fantastic Selwo Aventura, which approaches the park concept from an experience outlook. You can also grant best education to your children and choose among several international schools with best academic facilities.
2. The New Golden Mile: a resort-like backdrop
The New Golden Mile concept was built up during the property boom in the early 2000’s and so was its reputation as well. Its development has been performed enhancing the qualities of the landscape and nowadays the New Golden Mile features a mix of beachside luxury complexes and established residential areas of villas, apartments and townhouses. Both the beachside and mountain areas grant ample and modern properties, built with high quality standards and offering an exclusive living experience.
One of the most popular hotels on the New Golden Mile, the five-star Kempinski Hotel, give name to a whole area. The complexes near the Kempinski Hotel, such as Los Granados del Mar, Alcazaba Beach or Bahia de la Plata are very requested and offer a range of resort-like services.
On the other side of the road, traditional areas such as El Padrón and El Velerín offer country houses and authentic mansions, with picturesque views and spaces.
The birthplace of the New Golden Mile comprises the beachside area between Guadalmansa and El Padron rivers. In this area are concentrated the most popular and luxury complexes of apartments, to name a few: Cabo Bermejo, Torre Bermeja, Las Dunas Park. The unique location and the traditional selected architecture provide real estates with timeless value. In the area you can find restaurants and beach bars like Sonora Beach, La Terrasse, Playa Bella and A Tavola.
Selwo and La Resina area have several apartments complexes and some outstanding villas with panoramic views. As an unwritten rule the penthouses have rooftop terraces that offer unique spaces to enjoy the views and the sun.
Cancelada in an old district in the middle of the New Golden Mile. This neighborhood offers shopping and sport facilities, good restaurants and entertainment services. The beachside area of the district named Costalita and Saladillo counts with low rise complexes with gardens and beautiful communal areas. The real estate market is manly composed by apartments and townhouses. While the Bel-Air area, on the other side of the road, has new developments and contemporary apartment and townhouses complexes.
El Paraiso, is one of the most beautiful residential areas on the New Golden Mile. The beachside area is named El Paraiso Barronal with luxury frontline beach mansions. The mountainside area, El Paraiso Medio is also renowned for its excellent villas, apartments and townhouses complexes, all with communal services and Mediterranean design, surrounded by the El Paraiso Golf Course and international restaurants like La Mamma Elena and Tanino and other services.
Benamara and Casasola are consolidated beachside areas with long history and large private estates. The proximity to Marbella give this area status and extra value since socially Casasola is inextricably linked with Guadalmina indeed. The properties on the market go from 2 bedrooms apartments to big luxury villas, and all the estates represent themselves secure investments.
Atalaya is another long-established area that has always been a point of connection between Estepona and Marbella. The Atalaya and El Campanario Golf Courses as well as the wavy landscape give this area a special appeal. The choice of properties is vast comprising villas, apartments, penthouses, townhouses and plots.
3. Key facts about the real estate market
On the New Golden Mile you can find apartments or houses at all price ranges, depending on attributes as location, type of property, surface, design and other features. The highest quoted areas are Casasola and the earliest New Golden Mile where prices range from EUR 3.700 to EUR 5.000 per m². The price per sqm in the area of Kempinski is about 3.500€, while the villas in areas like El Paraiso and Atalaya reach the 3.000€ per sqm. In Selwo, La Resina, Bel-Air the average is 2.300€/sqm whereas in Benamara and Costalita the stated price is near 2.700€/sqm. Finally, El Padron and El Velerin area is rated for 2.200€/sqm on balance.
4. Engel & Völkers: your people for buying and selling property in Estepona
If you are considering buying or selling a property on the New Golden Mile contact Engel & Völkers Estepona for further advise.
It is essential to have a reliable partner to assist you and with Engel & Völkers Estepona you will have a whole team. Rely on our high degree expertise and we will advise you throughout the whole search and purchase process until the keys handling moment.
Our experts will also help those who want to sell their properties and will introduce your property to an unequaled database of international and upscale clientele, and make the selling process clear and smooth.
Contact us by telephone at +34 952 650 234 or send us an e-mail by clicking on the button at the edge of the screen or at estepona@engelvoelkers.com. You are always welcome to our shops in:
Centro Comercial Mustang N-340 km 167 29688 Estepona
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1. Centro Comercial Mustang, N-340, km 1672. Avda. Litoral 17 .29680 Estepona, Spain
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Phone +34 952 650 234