Famous for its fine golden sand and the crystal clear waters, the New Golden Mile is an expanse of beaches amidst San Pedro in Marbella and the East part of Estepona. It is divided into two geographical locations: the beachside and the mountainside one.
The property market in New Golden Mile (Estepona) has significantly transformed over the past few decades. Brand-new properties were recently completed and modernized. The area’s meticulously planned development makes it a sought-after area to invest a property.
Nothing has been built too close to the shoreline and no high-rise establishment has been erected around the area, in order to preserve the environment.
Surrounded by world-class golf courses and five-star hotels, the area is just minutes away from the hustle and bustle of marina at Puerto Banus and the more laid-back town and beaches of Estepona.
Property The New Golden Mile
High-end quality developments such as Costalita, Cabo Bermejo, Torre Bermeja, Los Flamingos and Hacienda del Sol, which are well known to Northern European property investors, can be found on the seaside area of the New Golden Mile, which is considered as the most prestigious area. Prices of villas in good condition start at around €500,000, and some can sell for up to €9 million.
This blog post (Property The New Golden Mile – Estepona) has rapidly increased in popularity) was written by Marbella Estates.