The New Golden Mile of Estepona is one of Costa del Sol’s most charming areas. Stretching along the western side of the city, near Estepona Marina and the Guadalmansa area, it offers a calm and luxurious lifestyle without the bustle of Marbella. Ideal for families, retirees, and investors, it combines modern living with stunning Mediterranean views. Whether you’re searching for a beachside apartment or a renovated villa, this area has something for almost every taste.
Quick Facts
- Location: Western Estepona, Costa del Sol
- Municipality: Estepona
- Distance to Airport: ~70 km to Malaga Airport (~50 min drive)
- Typical Buyers: Families, retirees, investors, second-home buyers
- Average Prices:
- Apartments (resale): €450k–€1M+
- Recently Completed Coastal Projects: ~€2M
- Sea-View Premium: Approx. 30–50%
- Most Famous Urbanizations: Emare, Menara Beach, Torre Bermeja, Velerin
Why the New Golden Mile is Special?
Though not an official district, the New Golden Mile earned its name due to similarities with Marbella’s famous Golden Mile. It’s quieter, more spacious, and perfect for those seeking a relaxed lifestyle. Morning walks on the beach, afternoons at the golf course, and evenings at cozy local restaurants are everyday pleasures here. Families love it for safety and schools, retirees enjoy the tranquility, and investors find opportunities in older apartments they can renovate and sell for a premium.
Property Overview
Types of Properties
The area offers a mix of apartments, townhouses, villas, and gated communities. Older apartments, built around 2000, can cost €450–500k inland. Renovated properties with sea views start around €1 million. There are no ongoing new developments on the coast, and the few recently completed luxury projects sell for around €2 million, aimed at high-end buyers.
Architecture & Finishes
Properties blend Mediterranean charm with modern touches. White façades, tiled roofs, and spacious terraces are common. Interiors often feature open-plan layouts, lots of natural light, and high-quality finishes, especially in newer or renovated properties.
Property Sizes & Conditions
- Apartments: 2–4 bedrooms, 80–200 m²
- Villas: 3–6 bedrooms, 250–600 m²
- Condition: Mix of resale (older, sometimes needing renovation) and high-end completed properties
Prices & Market Snapshot
| Type | Average Price | Notes |
|---|---|---|
| Apartments (resale) | €450k–€1M+ | Inland vs sea view varies greatly |
| Villas | €2M–€5M | Sea-view villas at the higher end, very limited |
| Recently Completed Coastal Projects | ~€2M | Luxury finishes, limited availability |
| Plots | €500k+ | Very limited availability |
Sea-view properties generally carry a 30% premium. Investors often buy older apartments, renovate them, and sell or rent for a profit. Short-term rental demand is steady in summer months.
Where It’s Developing
The coastal stretch of the New Golden Mile is fully built up, so there are no new developments underway. Investment opportunities mostly come from older apartments that can be upgraded. Local infrastructure, such as improved roads, schools, and leisure facilities, continues to make the area attractive for long-term residents.
Lifestyle & Amenities
Beaches & Coastline
The area has wide, sandy beaches ideal for sunbathing and swimming.
Restaurants & Nightlife
Dining here is relaxed and upscale. Beachside favorites like Tikitano and Torre Velerin serve fresh seafood and Mediterranean cuisine. Nightlife is quiet but classy, perfect for laid-back evenings.
Golf & Sports
Golf enthusiasts are well-catered for:
- Los Flamingos Golf: 18-hole par 71, Mediterranean views
- Atalaya Golf & Country Club: Two 18-hole courses, views of La Concha mountain
- Real Club de Golf Guadalmina: Two 18-hole courses; Sur is challenging, Norte is shorter but technically tricky
Shopping & Daily Life
Supermarkets, boutiques, and local shops make daily life convenient. Nearby Estepona town offers a traditional market, cultural events, and extra shopping options.
Healthcare & Education
Healthcare facilities are accessible, and several international schools serve expat families, making relocation straightforward.
Transport & Connectivity
The New Golden Mile is about 50 minutes from Malaga Airport. Motorway access is excellent, with buses and taxis covering local travel. Cycling along the promenade is scenic and safe, making it easy to explore the area without a car.
Neighborhood Breakdown
- Menara Beach: Calm, mediterranean apartments close to the beach
- Velerin: Luxury renovated apartments with sea views
- Emare: Super luxurious residences
Who Buys Here & Typical Budgets
- First-Time Buyers: €450–600k for older apartments inland
- Investors: Buy older units, renovate, and resell or rent
- Luxury Buyers: €2M+ for sea-view apartments or villas
FAQs
- Is the area family-friendly? Yes, it offers safe streets, good schools, and calm beaches.
- How far is Marbella? About 15–20 minutes by car.
- Do properties have sea views? Many do, but inland units cost less.
- Are plots available? Very limited, mostly for custom villas.
- What’s the lifestyle like? Calm, upscale, beach-oriented, and perfect for relaxed living.
- Are there new coastal developments? No, the coast is fully built; only completed high-end projects remain.
- Can I find rental investment opportunities? Yes, older apartments renovated for short-term rentals are popular.
