Casares - Benahavis - Sotogrande

Estepona, a gem of the Costa del Sol, is a city with a rich and illustrious heritage, whose origins date back to antiquity. Known in the Roman period as Astapa, the city proudly displays its heritage through historical sites such as the Clock Tower and the Church of Los Remedios. Located at the foot of the majestic Sierra Bermeja, Estepona boasts a splendid waterfront lined with splendid golden beaches. Its geographical location, combined with its rich legacy, make it highly attractive to those interested in the luxury property market.

Luxury Real Estate Market in Estepona: A Robust Overview

The luxury real estate market in Estepona is strong and stable, with healthy demand matching the supply of high-end properties. Despite global uncertainties, the political and economic situation in Estepona remains stable, providing an attractive environment for real estate investors.

Property Costs in Estepona

Both buyers and sellers should note that the average real estate commission in Estepona may vary, usually ranging between 3% and 5% of the selling price. Additional costs when buying a luxury home include transfer tax, which is typically 8% to 10%, notary charges, and potential building inspection or legal costs. For owners, there is the wealth tax, which varies between 0.2% and 2.5% depending on the value of the property. Capital gains taxes also apply to property sales, although there are certain exceptions for properties used as a primary residence.

Mortgage Opportunities in Estepona

Generally speaking, buyers can expect to get a mortgage of up to 65-70% of the purchase price of the property in Estepona, although this can vary depending on the individual situation of the buyer and market conditions.

Locations of Luxury Properties in Estepona

The areas of highest demand include Bel Air, El Paraiso, and the Golden Coast, all of which are known for their luxury homes. Estepona benefits from excellent transport connections, with Malaga, the nearest large city, just one hour's drive away. Malaga international airport is also easily accessible, as is Gibraltar airport.

Life and Entertainment in Estepona

Estepona offers a wide range of exceptional services and amenities for its residents, including a selection of international schools, luxury shops, and high-quality restaurants. From golf to horse riding, water sports and hiking, there are many opportunities to enjoy an active outdoor lifestyle. For art and culture lovers, there is a selection of museums and galleries, while annual events, such as Holy Week and the Fair and Major Festivity, add a touch of color and excitement. Families benefit from excellent health infrastructure, with several hospitals and clinics available. In summary, Estepona combines the charm of antiquity with the conveniences of modern life to create the perfect place to enjoy a luxury lifestyle.