Terra Meridiana sells two exciting development projects in the heart of Estepona’s Old Town

If you’d like to invest in authentic Spain, let us share with you how we helped two customers do just that.

We are proud to say that we have recently sold two exceptional commercial and residential development opportunities right in the centre of Estepona’s beautiful old town. They both score highly in terms of location, being just 20 minutes’ drive from Marbella and within very easy reach of local amenities, the beach and bustling Spanish life.

Estepona’s charming old town is criss-crossed with pedestrian streets and flower-filled squares, along with typical restaurants and tapas bars for soaking up local life. For an easy stroll along the seaside, an extensive seafront promenade runs alongside over two kilometres of sandy beach.

Unsurprisingly, Estepona’s popularity is rising among tourists,so savvy investors are buying now before prices shoot up, thereby locking extra value in to their investments.

What we’ve sold:

  1. A large plot on a pedestrian street amid plentiful restaurants and local life, yet only 100 metres from the beach, making it an ideal hotel site

The project is to build a four storey, 46-bedroom hotel around a central courtyard containing a restaurant area, with the addition of a basement for services. The total plot size is600m2 with a build size of 2,200m2

  1. A hotel or apartment complex just 50 metres from the beach. With the lively old town on its doorstep, along with underground parking and the beach right opposite, this is a prime location

Currently the project is for a six storey,34-bedroom hotel, although it’s also possible to build an apartment building instead. The buyer will make use of an existing two-storey traditional townhouse with its beautiful facade. The town hall planning department has agreed to the building of an additional roof-top floor set back from the street.The total plot size is 156m² with a build size of 1.171m²

We constantly have our feelers out for projects just like these, so if you’d like to know about other great investment opportunities of this kind in and around Estepona and Marbella, please get in touch. We will be happy to help you find your ideal project.

Our article on Living in Estepona Old Town gives you more details on the area’s attractions and why more and more people are living, holidaying and investing in Estepona.

 

Adam Neale | September, 2018



New Listing Estepona, Sunny 2 bedroom front Line golf penthouse for sale in Estepona Golf

Sunny 2 bedroom front Line golf penthouse for sale in Estepona Golf

Ref. TMRV11336

  • 2 beds
  • 2 baths
  • 100 m² built
  • 125 m² terrace

Affordable opportunity to own a front line golf apartment at Estepona Golf course. Situated on the top floor of the community, the property offers an east/west orientation with sea views from both sides....

210,000 €
New Listing Estepona, Contemporary style villa with stunning sea views for sale in Estepona, Las Mesas, close to Estepona Marina

Contemporary style villa with stunning sea views for sale in Estepona, Las Mesas, close to Estepona Marina

Ref. TMRV11230

  • 5 beds
  • 4 baths
  • 600 m² built
  • 2.661 m² plot
  • 60 m² terrace

This stunning reformed villa enjoys magnificent sea and city views and has been reformed to a contemporary style. Set on a slightly sloping plot of 2,661m2, the villa has 5 bedrooms and 4 bathrooms, a home...

1,390,000 €
New
Development
Marbella East, Sleek contemporary beachside villa with sea views showcasing unparalleled quality for sale in Marbesa, Marbella East

Sleek contemporary beachside villa with sea views showcasing unparalleled quality for sale in Marbesa, Marbella East

Ref. TMNV0621

  • 5 beds
  • 4 baths
  • 500 m² built
  • 945 m² plot
  • 150 m² terrace

Purposefully designed for exclusive wellness and entertaining lifestyle by Marbella based cutting edge architectural studio Carlos Lamas, this Marbesa property is located just 200m from the beach. Boasting a...

3,400,000 €
Reduced Benahavis, Classic Mediterranean style villa with panoramic coastal views for sale in the prestigious neighbourhood of Paraiso Alto, Benahavis

Classic Mediterranean style villa with panoramic coastal views for sale in the prestigious neighbourhood of Paraiso Alto, Benahavis

Ref. TMXV1024

  • 4 beds
  • 3 baths
  • 408 m² built
  • 1.724 m² plot

This serenely quiet, peaceful and private property is set on an elevated 1.724 m² plot overlooking the valley and sea below. The villa combines modern luxury with a sophisticated design, finishes and...

1,195,000 € - Reduced from 1,495,000 €
New Listing Estepona, Country Villa on large plot for sale in El Padron with excellent sea views, Estepona

Country Villa on large plot for sale in El Padron with excellent sea views, Estepona

Ref. TMRV11226

  • 4 beds
  • 1 bath
  • 175 m² built
  • 2.682 m² plot
  • 30 m² terrace

This charming country villa in Estepona sits on a large plot of 2700m2 occupying a small hilltop with unobstructed views to the sea and surrounding countryside. The villa is in need of reform and represents...

640,000 €
New
Development
Nueva Andalucia, Spacious frontline golf plot with phenomenal views and license for a contemporary turnkey villa for sale in Aloha Golf, Nueva Andalucia, Marbella

Spacious frontline golf plot with phenomenal views and license for a contemporary turnkey villa for sale in Aloha Golf, Nueva Andalucia, Marbella

Ref. TMNV0815

  • 5 beds
  • 5 baths
  • 573 m² built
  • 1.132 m² plot
  • 200 m² terrace

Located in one of the most distinctive neighbourhoods of Marbella, there are approved plans for an elegant villa sited on over 1,100m2, commanding panoramic, unobstructed golf and mountain views. Designed to...

1,349,000 €
New Listing Marbella East, Bright first-floor apartment with sea views for sale in the beachfront development of Los Granados de Cabopino, Marbella East

Bright first-floor apartment with sea views for sale in the beachfront development of Los Granados de Cabopino, Marbella East

Ref. TMXA0503

  • 2 beds
  • 2 baths
  • 95 m² built
  • 31 m² terrace

This south facing first-floor apartment is situated in a secure, resort-style building in one of Cabopino´s premier seafront communities. The property boasts an open-concept floor plan overlooking the...

750,000 €
New
Development
Benahavis, Brand new custom-designed contemporary villa with views of the Mediterranean skyline for sale in La Zagaleta, Benahavis

Brand new custom-designed contemporary villa with views of the Mediterranean skyline for sale in La Zagaleta, Benahavis

Ref. TMNV1703

  • 6 beds
  • 8 baths
  • 1.148 m² built
  • 6.088 m² plot
  • 244 m² terrace

Hidden away in the Costa del Sol´s coveted La Zagaleta, this spectacular architectural villa, masterfully designed with a classical Andalusian style, is nothing short of transportive. Beyond a gated...

5,950,000 €
New Listing Benahavis, Chic country-style villa with unrivalled panoramic mountain views for sale in El Madroñal, Benahavis

Chic country-style villa with unrivalled panoramic mountain views for sale in El Madroñal, Benahavis

Ref. TMXV1725

  • 4 beds
  • 4 baths
  • 280 m² built
  • 5.015 m² plot
  • 200 m² terrace

Located in the confines of ultra-exclusive El Madroñal this extremely private property is spread over a 5,000m2 unique promontory. Designed as a distinctive country residence that seamlessly integrates into...

1,195,000 €
Frontline
Beach
Estepona, Fully upgraded beachside apartment with picture-perfect views of the Mediterranean for sale in Estepona port

Fully upgraded beachside apartment with picture-perfect views of the Mediterranean for sale in Estepona port

Ref. TMXA1118

  • 3 beds
  • 2 baths
  • 88 m² built

Ideally situated within walking distance of Estepona port and just in front of the beach, this apartment boasts south to south-west exposure and direct sea views spanning across to North Africa. Recently...

399,000 €