Estepona
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Opting for a new development in Estepona is a great idea for living in a truly attractive destination. This beautiful town on the Costa del Sol has achieved an admirable balance between its Mediterranean charm and the promotion of cultural and artistic initiatives, making it a captivating choice for those looking for a home or investment in real estate.
The municipality in the province of Malaga, situated on the Western Costa del Sol, close to the border with the province of Cadiz, is a spectacular and strategic location for many investors and buyers looking for a new development in which to live or invest. For both types of buyers, let's take a look at why you should consider buying a new build flat in Estepona.
Buying a new build property in Estepona offers a number of irresistible advantages:
Tailor-made Personalisation: One of the distinctive features of new build is the ability to personalise your home according to your preferences, from the interior design to the finishes.
Energy Efficiency and Comfort: New build properties are designed to the highest standards of energy efficiency, which translates into a more comfortable and environmentally friendly home.
Location in a Good Area: Estepona prides itself on having attractive and well-located neighbourhoods. Choosing a newly built property gives you the opportunity to live in a desirable area of town.
Property investment can take many forms, and buying a property in Estepona with the intention of renting it out is no exception. Given the tourist popularity of the area, investing in a rental property can generate passive income and long-term appreciation.
One of the most notable advantages of buy-to-let in Estepona is the town's tourist appeal and its location on the picturesque Costa del Sol. This internationally renowned holiday destination attracts visitors all year round, ensuring a constant demand for accommodation. This means that your property will have a captive market, especially in high season, which can translate into a predictable and sustained income stream.
Many people are doing the same in nearby towns such as Estepona, Torremolinos, Nerja, Marbella or Rincon de la Victoria, where we also have new build projects.
Furthermore, investing in new build properties in Estepona offers the opportunity to obtain a return in both the short and long term. The appreciation of the property market in a popular location such as Estepona is an important aspect to consider. Over time, the property is likely to increase in value, which could result in a significant profit should you decide to sell in the future. In the meantime, rental income can help cover the costs of maintaining and financing the property.
Aelca has established itself as a benchmark in the creation of new developments in Estepona. These developments not only offer modern and well-designed homes, but also stand out for their privileged locations, high quality construction and services available to residents.
Following on from the project launched in 2012 that was christened 'Estepona, garden of the Costa del Sol', the town is becoming a benchmark for quality of life, thanks to its modern facilities and the heavy investment in the care of the town.
Estepona is very demanding with the type of housing that is built in this city:
Modern buildings with very neat lines.
Energy efficiency to save on consumption and respect the environment.
Communal areas with swimming pools, gardens, children's playgrounds, among others.
Located in consolidated areas and beautiful surroundings with everything you need such as shops, schools, pharmacies...
Estepona continues to attract the interest of buyers who wish to invest in a property with a great future and those who intend to turn this beautiful town into their new home. Check out all our residential new construction in Malaga and see if your new ideal home is among them.
For those interested in the real estate market, knowing the evolution of the price of the square metre in Estepona is fundamental. Analysing how it has changed over time and understanding current trends can provide valuable information when making investment or purchase decisions.
Property prices in Estepona have increased by 7.1% over the last 12 months. The average price of homes currently on the market is €790,000. The selling price of 80% of the properties is between 295,000 € and 2,775,000 €. The average price per m² in Estepona is 3,377 € / m².
The average price of flats currently on the market is 355,000 €. The selling price of 80% of the properties is between 199,900 € and 899,000 €. The average price per m² in Estepona is 3,366 € / m² (price per square metre).
The average monthly rental price for houses currently on the market is 3,500 €.
For all these reasons, Estepona, with its Mediterranean charm, cultural offerings and natural beauty, presents itself as a smart choice for those looking for a permanent home or an investment in new construction.
If you are interested in finding out more about new build projects in Malaga, Aelca can offer you dream properties.
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