New Golden Mile
The New Golden Mile is the description of the stretch of land between Cancelada
, on the beachside. Some developers also use the term for the beachfront properties located just after Estepona city, namely The Island, Les Rivage, Doncella Beach and The Edge. Most of the properties on the New Golden Mile are semi-luxury or luxury apartments. As a result all benefit from a nature rich environment, low density construction and a fantastic beachfront location. There are several chiringuitos in walking distance to the different apartments for sale, making it even more attractive. All amenities are found in Estepona city, or the close-by area of Cancelada
In the neighbourhood around Estepona there are many activities available. For example Selwo adventure park
– a zoo integrated in natural surroundings, a gocart track
, and a botanical garden
. The property value in the area have been rising the last couple of years. As a consequence its getting more and more populated as time goes by, enhanced by the positive progress Estepona city is showing. Many property buyers favour this more quiet and authentic area of The New Golden Mile, over Marbella
and Puerto Banus
Buying an apartment on the New Golden Mile is all about the amount of luxury, size and the views. Almost all apartments for sale are beachfront apartments, or almost beachfront with a few 100 meters to the beach. Most of the apartments for sale have been constructed within the last 10-15 years. Due to this they apartments benefit from good quality and modern distribution. The prices for a 2-bedroom apartment for sale on The New Golden Mile
begins around 200.000€ and continues towards 1.000.000, with the average apartment for sale costing around 4-500.000 €. A handful developments have apartments with price tags above 1.000.000, Doncella Beach, Las Dunas Park, and the new off-plan apartments, Amare. The New Golden Mile is an ideal place to invest for the lovers of the beach, panoramic views and tranquility.
If you are looking to buy a villa or a townhouse you will notice that there is not many of this kind of properties for sale. Villas for sale and townhouses for sale represent around 10% of all properties for sale on the New Golden Mile. Prices start around 300.000 € and continues towards 1.000.000 €, with a number of off-plan villas costing between 700.000 - 1.500.000 €. Of the east side of Estepona you can buy an off-plan beachfront townhouses from 750.000 € in The Edge.