Estepona Property

Estepona property — my view for 2026

I think Estepona is one of the strongest areas on the Costa del Sol for new-build and off-plan property right now. It has evolved well beyond being a cheaper alternative to Marbella and is increasingly being treated as a genuine luxury market. New-build prices in the best locations have reached around €7,000/m², according to recent market reporting.

There is also a very large pipeline of new development: current market inventory shows 138 live new-build schemes across 22 Estepona sub-areas, ranging from roughly €245k to €7.85m.

1. Estepona town
Best for buyers wanting a genuine Spanish coastal town, restaurants, marina, beaches and year-round life. There are currently dozens of developments within the town itself.

2. New Golden Mile
One of my favourites for luxury new-build property. It stretches east from Estepona towards San Pedro and includes areas such as Selwo and Cancelada. It offers contemporary developments, golf, beaches and proximity to Marbella without the same price levels as prime Marbella.

3. Selwo
Particularly interesting for elevated properties with views and larger developments. Current new-build stock starts around €464k.

4. La Gaspara / west Estepona
I’d watch this area closely for buyers wanting sea views, quieter surroundings and access towards Casares.

5. Estepona Golf / Valle Romano
More value-oriented and attractive for golf buyers. Current new-build schemes can start around €269k–€320k, depending on development and unit.