Apartments in Estepona - secondary market
Location on the map, climate, economy and infrastructure
Estepona is a city and municipality in Spain, part of the autonomous community of Andalusia in the province of Malaga. It is also a popular luxury resort in Spain, stretching for 23 kilometers along the colorful Mediterranean coast of the Costa del Sol.
The climate is Mediterranean with more than 300 sunny days a year. The average annual air temperature from May to October does not fall below +22°C and in August it rises to +28°C. In the coldest winter season, the air warms up to +15°C.
The main sectors of the city's economy are tourism, construction, agriculture and fishing. The city is a developed tourist center with all the necessary infrastructure, including golf courses, luxury hotels, gourmet restaurants and exclusive urbanizations. In Estepona, the local Andalusian flavor is successfully intertwined with modern resort infrastructure. High-quality roads connect Estepona with nearby coastal resorts. Recently, the resort has become increasingly popular among Ukrainians and citizens from the CIS countries.
How to profitably invest in apartments in Estepona: offers on the market and suggestions on where to buy properties
The amazing beauty of the landscape, well-developed infrastructure, as well as affordable prices for apartments in Estepona compared to nearby resorts (Marbella, Puerto Banus, San Pedro de Alcantara) have made the city one of the favorite resort places to buy a home in Spain. This factor also significantly affects the increase in demand for cheap apartments in Estepona.
The secondary real estate market of the city is represented by a wide selection of apartments (elite, studios, one-room economy class with a convenient layout), flats, townhouses, and penthouses. However, before buying (especially remotely), we recommend that you not only view the photo of the selected object, but also read the reviews of the residents of the house.
Estepona is a prestigious place to live, so almost every area has its own advantages for investing in apartments in the city. The best areas are the following:
The old town is the historic center of Estepona, characterized by narrow pedestrian streets and beautiful open squares. The area is surrounded by greenery; here are the main historical sights of the city;
The new Golden Mile of the Costa del Sol is one of the most desirable and prestigious neighborhoods in Estepona, stretching for seven kilometers. Most of the apartments are located directly next to the beach, there is an excellent infrastructure (medical centers, schools, shops, etc.);
the port of Estepona (Zona del puerto) is 1.5 km away from the historic center, between the beaches of La Rada (the most popular in the city) and Del Cristo. Developed urban infrastructure: supermarkets, schools, mini-markets, as well as many bars, restaurants and nightclubs, typical for a resort city. It also houses the administrative center of the city and the town hall of Estepona.
Website for buying and selling apartments in Estepona
The GEOLN.COM website with a user-friendly search interface helps investors to find and buy apartments in Estepona without intermediaries. You can quickly and easily select apartments according to the required parameters and use the advice of specialists. The catalog contains verified objects of the city, where the owners independently place advertisements for the sale of housing.
The cost of apartments in Estepona
The cost of housing in Estepona depends on the location, possible views, location by the sea or in the mountains, type of housing and condition (renovation). The average cost of an apartment in Estepona is 2,300 euros per square meter. For example, apartments from the owners on the first line of the sea with one bedroom and a terrace overlooking the sea can be bought at a price of 70 thousand euros, an apartment with two bedrooms and a sea view - from 90 thousand euros.
Prices for apartments in Estepona continue to grow, which clearly demonstrates the liquidity and reliability of investments in the secondary market.
Acquisition of an apartment in Estepona: procedure and nuances of investment
Non-residents can freely buy an apartment in Estepona, there are no special restrictions or rules. However, for this you need to get a NIE (foreigner identification number), open an account in a Spanish bank, check the status of the property (for debts and encumbrances) and sign an agreement on booking accommodation. After the above steps, you can conclude a contract of sale.
GEOLN experts carry out high-quality selection of an apartment according to individual parameters. The purchase and sale of apartments in Estepona is accompanied by professionals who provide the preparation of the necessary documents, the complex execution of transactions.
Buying a home in Estepona is a profitable investment that guarantees income from rental housing, the opportunity to live on the Mediterranean coast in a popular resort town that harmoniously combines cultural traditions with modern infrastructure.