If you’ve been eyeing the Costa del Sol for a property purchase, Estepona should be on your radar. Traditionally overshadowed by Marbella and other luxury hotspots, this charming town is quietly becoming one of the region’s most attractive markets for international buyers.
A recent report by Lucas Fox Estepona highlights that Estepona’s appeal is no longer just a secret among savvy investors. Strategic upgrades to infrastructure, high-profile developments, and a diverse range of buyers are all contributing to a real estate market that is moving from potential to premium.
A town in transformation
According to real estate agency Lucas Fox, Estepona is actively reshaping itself. The pedestrian-friendly boulevard along Avenida San Lorenzo is creating a more connected and walkable town centre, while a €113 million marina redevelopment is raising the standard for luxury facilities. Projects such as Rafa Nadal’s beachfront development in Los Llanos are also bringing international attention and prestige to the area.
Financially, Estepona is sending a clear message to investors. The town has reduced its debt by over €300 million and is cutting property taxes by 20% in 2025—the largest reduction in its history. These moves signal a stable and investor-friendly environment, an attractive prospect in today’s unpredictable global market.
Connectivity and lifestyle make Estepona a winner
Estepona’s location is a key factor in its growing popularity. With Málaga Airport expanding and a coastal railway prioritising Estepona, international buyers are finding it easier than ever to access the town. Lucas Fox points out that this improved connectivity is feeding demand from Europe, the U.S., and beyond.
But it’s not just infrastructure that’s attracting buyers. Families are relocating here for the excellent schools and healthcare, retirees appreciate the safety and relaxed Mediterranean lifestyle, and remote workers are increasingly looking for homes that combine comfort with practical amenities like home offices and wellness spaces.
A luxury corridor with room to grow
The stretch between Casasola and the Kempinski hotel, what some are calling the “new Golden Mile”, is emerging as Estepona’s luxury hub. Lucas Fox notes that developments like Taray, Essence, Marine Hills, and Ocyan Villas are capitalising on panoramic views, larger plots, and a more flexible planning environment compared to Marbella.
Property prices in Estepona reflect this momentum. With an average of €3,910/m2 in mid-2025, the town is more expensive than the Andalusian average but still below Marbella, offering a sweet spot for buyers looking for value and long-term growth potential.
Opportunities for all budgets
Whether you’re a family seeking a year-round home or an investor hunting for off-plan opportunities, Estepona offers tiered options:
- Selwo and Estepona West: €450K–€700K
- Las Mesas: €700K–€1M
- Villas near Sotogrande: €2M+
This diversity of options, combined with strong demand from international buyers, means the market is resilient and poised for continued growth.
A snapshot of luxury homes currently for sale in Estepona
To give you a feel for what’s on the market now, here are some representative luxury properties in Estepona — a mix of villas, contemporary new builds, and high-end homes.
Mediterranean-style palace in El Paraíso
One of the standout offerings in Estepona is a spectacular Mediterranean-style palace in the exclusive El Paraíso area. Set within the Golden Triangle of the Costa del Sol, this property boasts 16 bedrooms spread across the main house, a guest house, and a service house.
With a plot exceeding 7,000 m2, the estate offers privacy, expansive gardens, and outdoor spaces ideal for entertaining. Its location is equally impressive — just minutes from the beach, golf courses, and all essential services — making it a rare combination of luxury, convenience, and exclusivity. The property is on the market for €13,950,000.
Dream villa on the sea front
A majestic Andalusian-style villa set directly on the seafront, this property offers nine ensuite bedrooms, expansive living spaces, and breathtaking views throughout. Its large pool, hammam, and covered terraces create a serene environment designed for year-round relaxation, while direct beach access underscores its exceptional coastal setting.
Complemented by a separate guest house, landscaped gardens, outdoor dining areas, and a barbecue kitchen, the villa is designed for both privacy and entertaining. Located on the coveted New Golden Mile, it sits moments from luxury hotels, beach clubs, and top restaurants, offering an exclusive blend of comfort, sophistication, and prime Mediterranean living. It’s now on the market for €8,499,000.
New-build close to the Costa del Sol’s best beaches
Set within the prestigious gated community of Nueva Atalaya, this villa offers exceptional privacy just minutes from the Costa del Sol’s golden beaches, top golf courses, and the vibrant lifestyle of Estepona and Puerto Banús. Positioned on one of the urbanisation’s finest streets, it stands as an architectural gem that perfectly blends Mediterranean character with contemporary comfort.
Featuring five beautifully appointed bedrooms with ensuite bathrooms, plus an additional guest bathroom, the property delivers an atmosphere of refined luxury throughout. Its elegant design, serene setting, and emphasis on exclusivity make this villa a rare opportunity for buyers seeking a private, high-quality residence in one of the coast’s most desirable enclaves; now on the market for €6,400,000.
Why Estepona matters now
Lucas Fox’s report concludes that Estepona is no longer just a “hidden gem.” It’s a market coming of age—combining fiscal stability, infrastructure investment, and lifestyle appeal in a way that positions it as a standout choice on the Costa del Sol.
Whether you’re looking for a family home, a luxury retreat, or an investment opportunity, Estepona offers something unique: strategic value, sustainable growth, and a Mediterranean lifestyle that appeals to global buyers.
Find luxury homes for sale in Estepona