You may have heard of Marbella’s Golden Mile, a stretch of highly desirable real estate on the coast of Marbella in Malaga, Andalusia. Well now the nearby municipality of Estepona has its own luxury housing development with high-end new constructions just waiting to be bought. This is everything you need to know about Spain’s New Golden Mile, Estepona.
The original Golden Mile, Marbella
The original "Golden Mile" generally refers to a stretch of coastline between Marbella and Puerto Banús, known for its luxurious properties, upscale hotels, and high-end shopping and dining options. This area has long been a hotspot for celebrities and affluent individuals seeking a glamorous lifestyle. Now, inspired by its more famous neighbour, the Estepona housing project is called simply the New Golden Mile, or Nueva Milla de Oro in Spanish, and in recent years has been making a name for itself. It's one of the most talked about new areas for luxury homes not only on the Costa del Sol, but in the whole of Spain.
Where is the New Golden Mile?
So where is the New Golden Mile? While it’s true that it does enjoy the near permanent golden sunshine of the coast of southern Spain, the other part of the name is a little misleading; it actually runs for a total of 12 miles (19 km) from the east of the town of Estepona along the Costa del Sol to San Pedro de Alcántara.
Estepona is gaining a name as one of the most up-and-coming spots on the Costa del Sol and is a great place to live. And the New Golden Mile urbanización, or private housing estate, has all sorts of amenities from international supermarkets and luxury shopping boutiques to golfing resorts like the El Paraiso, Valle Romano and Atalaya golf courses. There are also deluxe hotels, incredible spas and fine dining galore throughout the New Golden Mile, Estepona.
Property for sale, New Golden Mile Estepona
More than all this, though, one of the best aspects of Estepona’s New Golden Mile is surely the attention to detail in terms of building and planning the property development. The local government of Estepona wisely chose to avoid lots of unsightly apartment blocks all along the seafront, preferring instead to focus on individual properties and detached houses that leave the beautiful views and the golden, sandy beaches of the Mediterranean Sea intact.
Combining high-quality construction methods and materials with luxurious finishes in every home and the finest premium services around, it’s no wonder house hunters and property investors are flocking to the New Golden Mile to get their hands on something special.
If you’re looking for luxury property for sale in Spain, consider buying a second home in Spain’s newest and most exclusive private residential estate, the New Golden Mile! And if you're not quite ready to buy, there are also a range of long-term rentals on the New Golden Mile in Estepona as well.