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Estepona: Know the reasons to invest in real estate

Posted by admin on May 1, 2016
| Blog
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Investment opportunities are also available in this town on the Costa del Sol

Characterized by being a small town, he has managed to keep his past, taking care of their history and traditions. It is located on the Mediterranean coast, and has everything needed to accommodate large numbers of tourists, but only expect a small population of 70 thousand people. Numerous hotels, restaurants and activities that are available to perform in the city.
Estepona in much more traditional than neighboring Marbella, which is known for luxury and exclusivity. Although Estepona receives a large influx of foreigners, it maintains its character of Spanish village with wineries, tapas and even more frequent round horses carts through the narrow streets to see. All this makes entertainment for foreigners and own much cheaper than being in the cosmopolitan Marbella.
The city has in his old neighborhood where many bars are (tapas), with traditional Spanish shops and at its other end the waterfront where the marina where berthing yachts, sailboats staying is achieved and boats competition for those who enjoy these sports and make coastal walks: Another attraction of the city are its murals, which are more than 20 in its entirety and worth knowing.
To compete with its neighbors in the Costa del Sol, Estepona has its own area where most luxury 5-star hotels and busiest beach bars throughout the city are to have fun during the day and night. Of course, more luxurious properties are in this new Golden Mile, located largely off the beaches.

Estepona: Know the reasons to invest in real estate

to invest in real estate

Properties in Estepona

Estepona has a variety of properties ranging from traditional villas, to luxury villas, apartments and houses. Keep in mind that Estepona is only 10 minutes drive from the city of Marbella, so many people choose it as a place to buy your property as properties are achieved by much lower prices and costs of minor services as well.
You can get apartments from 150,000 euros in two rooms, and depending on your room, can reach 200 thousand euros. The town houses are also quite in demand in the region, and its price can be around 200 thousand euros and 450 thousand euros.

Appartments in Estepona

Apartments in Estepona

The new Golden Mile, is the site of most exclusive of the city, but you can get other very good quality at lower prices as El Paraíso where you can buy both villas and town houses, La Cancelada, among others. Also, Estepona has several golf courses for those fans of this sport, they are: Atalaya, Atalaya Rosner, El Campanario, Coto de la Serena, Estepona, El Paraiso, resin, and Valle Romano.
Estepona is recommended for those who come in family or groups are golf fans, as the atmosphere is given for that. Thus, if you are looking for a place to settle or enjoy the summer with his family and in addition to this, enjoy sports, Estepona is an excellent choice.

Real Estate Market in Estepona

Estepona has experienced an increase in the buying and selling real estate in the first quarter of 2014 is double those recorded in the same period last year. This has greatly influenced the recovery in the real estate sector in the province, which has been achieved in the first three months of this year recorded the best figures for sale of flats in Malaga since the crisis began.
In total have been sold over 5,000 properties, representing a 66% increase in the province in relation to 2013. Compared to 2008, then about 7,500 home sales, which was performed the best sales year in the city.
Foreign citizens are encouraging the market. More and more foreigners who acquire properties on the coast or in inland areas, mainly British, German, Scandinavian, etc. In the first quarter of this year more than 2,000 transactions with persons from other countries were given. This now accounts for 40% market share and is almost 81% more than the previous year.
The price adjustment that has occurred in recent years has been spectacular. This has made buying houses in the province is very interesting, for its own use and for the rental market and for investors who are getting more return on these investments.
Second-hand dwellings, which are the ones that have fallen in price and now hogging the greatest interest from potential buyers. Thus, this type of properties generated 88% of the registered operations.

Bargains and investment opportunities

The housing crisis of 2008 resulted, the embargo on many properties by default on the mortgage. Financial institutions now offer these properties can be achieved by low prices. The cheapest are apartments whose price starts from 42 000 euros. Other apartments on developments such La resina can be achieved between 220,000 euros and 300,000 euros, with three rooms and common areas. Studio flats and offices are also available to investors, with values ​​up to 35% lower than those initially possessed.
People see it as a great investment opportunity because the cost of property is much less than it had before the crisis, and, as noted above, property prices in both the region and the country is expected to increase, so the opportunities to profit from these purchases are safe. Ignacio Acosta expert real estate agent sees a huge potential in this kind of opportonuties and recommends to invest.

Learn the attractions of Estepona

Estepona as one of the municipalities of the Costa del Sol, has, like its neighbors Marbella and Benahavis with excellent beaches lapped by the Mediterranean, beach bars, nightclubs and nightlife in general, as well as fabulous restaurants and caps you can enjoy.
For those who prefer to do sports, the city has 8 golf clubs and a marina for fun and exercise. The cultural offer is also broad, as the city has large spaces filled with history as well as murals for those who know and enjoy art.

Beaches

– Playa El Cristo
This small beach, about 600 meters long by 30 meters wide is one of those with a higher level of occupancy during weekends in the summer, but on weekdays it’s pretty quiet.
Blue Flag and is very nice because it is a cove that protects it from the winds, especially the lift which is quite annoying in the area. The water is very clean and quite warm, no rocks or stones, but as in all malacitana coast, the sand is dark but fine. It has a wooded area, for those seeking shade.

Playa El Cristo, Gibraltar can be seen in the horizon

Playa El Cristo, Gibraltar can be seen in the horizon

– Playa de la Rada
This beach is the best known of Estepona, being in the town center. You reach it, therefore, through the promenade.
It has all kinds of services, such as showers, lifeguard service or daily cleaning. It has fine sand, although it is somewhat dark, as is common in most of the province. The waves are moderate.

– Beach Casasola
This beach is next to the watchtower Isdabe neighborhood is without a beach promenade, or road to reach the beach. You can only access it from one of the hotels that are walking the beach or from one of the private houses with beach access. Great for walking, with dunes, and to see some spectacular sunsets.

– Costanatura
It is the nudist beach town, so it is for people who are accustomed to an environment like this. It is surrounded by houses and flowers that face the Mediterranean, very comfortable.

Clubs and nightspots

– Puro Beach

What is most striking is its pool, plus the streams that run through the bars. The pool is so beautiful about this place, a little hot water. The music is quite nice and is set at the right volume so that the people inside the enclosure can not take advantage of the sound.
But Puro Beach still has more: Spa and Yoga, organizing events, presentation of collections of clothes, live concerts, evening parties.

– Sonora Beach
The site is a favorite for those who want to relax on the beach, the atmosphere is chill out and Mojitos are excellent. There is a dj manager at acclimate the place with music and Balinese beds beach there so do not can be. This is added when there are performances in the evening the atmosphere is even better if possible. You can also grab a snack, yes, snacks category. A great place to spend sunny days and sunsets site.

– La Pepa
Pepa is in the marina of Estepona, its terrace is one of its best attractions, and is one of the places most frequented by tourists and themselves for partying at night. Their mojitos are considered by many as the best in the city and also have happy hour from 21 to 23 every day and drinks are 50%.

For those who want to explore the city …

In contrast to large developments that dominate some areas of the city, one of the essential places to see in Estepona is the old town. Consisting of eight districts, its pedestrian streets retain the true spirit of Andalusian villages of white houses bedecked with flower boxes overflowing is the first thing to do in Estepona.

In the neighborhood of the Villa also we find some of the things to visit in more popular as the Clock Tower Estepona, the remains of the Castle of San Luis, the House of the cisterns, which houses the current City Hall and Market Municipal de Abastos.

One of the things to do in Estepona is definitely visit the bell tower of the Church of Our Lady of Remedios, built on the ancient chapel of Veracruz. In the area of ​​the promenade you will also find other interesting things to see in Estepona as the Plaza de Toros (the first in the world with asymmetric design), the Marina and the fishing port. And do not forget Christ beach and beach Rada, two of the most popular.

Sports port
Estepona port comprises a total of 447 berths and a capacity of up to 35 meters, providing water services, energy and wireless for those wishing to travel to the city on their boats or have it as a permanent port networks.
The port is also an ideal place to see sunset and watch the clear days the Strait of Gibraltar with Africa at the bottom place. It also offers
Shops, bars, restaurants and a variety of places to grab a beer or dinner

Conclusion
Estepona is presented as a perfect choice for those who want to enjoy the Costa del Sol quieter way, and to enjoy golf and family. Like its neighboring municipalities, it is possible to have good beaches, shops, restaurants but keeping the traditional Spanish village rooted feeling.
As for real estate it is possible to find luxury properties as those located in the new Golden Mile, but you can also get less sumptuous properties. Prices are much better than those achieved in Marbella, that without neglecting the quality and good services.
Leisure offers no shortage in the city, so you can make sure you never get bored no matter whether you are with friends or family.

Written by: CAPD

Words: 2057

Contribution to reader: To know the real opportunities that exist in estepona both market as foreclosures, plus projected future for the city. Similarly explains some of the main attractions that can be found in the city.

Main sources:
andalucia.com/estepona/home.htm
milanuncios.com/venta-de-viviendas-en-estepona-malaga/embargo.htm
alhambralosgranados.com/blog/
nuroa.es/venta/embargo-estepona

Secondary sources:
inmobiliariabancaria.com/pisos-bancos/estepona/index/page/1
minube.com/rincon/puerto-de-estepona-a236931#modal-43094
marinasmediterraneo.com/es/puertos-deportivos/puerto-de-estepona.html
panorama.es/es/blog/informe-sobre-el-mercado-inmobiliario-de-marbella-2013/