EDENOVO

Residential Plot in New Golden Mile

Residential Plot in New Golden Mile - Main Photo
1 / 4
EDN-17752
For Sale
Listed since Mar 21, 2026
—Bedrooms
—Bathrooms
500 m²Built
Sea ViewsViews

Description

Embrace the chance to create a bespoke architectural masterpiece on this prime residential plot in La Panera, situated along the prestigious New Golden Mile. This elevated position offers a sense of tranquility while remaining remarkably close to the vibrant energy of Estepona and the high-end allure of Puerto Banús.

Spanning an impressive 2,255 m², this generous plot provides the perfect canvas for a luxury villa. With a permitted built area of 500 m², plus additional space for a sprawling basement and shaded porches, the potential for a grand residence is immense.

The orientation of the land ensures panoramic views that sweep across the Mediterranean Sea toward the silhouettes of Gibraltar and the North African coastline. The urbanisation is fully developed, with all essential services and high-quality infrastructure already in place for immediate construction.

Location is key, with the beach, elite golf courses, and international schools just a short drive away. Daily conveniences including supermarkets and a modern hospital are within easy reach, while the social scene of Marbella is accessible within 15 minutes.

About Estepona & Casares

No other coastal town has undergone such a radical and rapid urban transformation as Estepona. Casares is one of the most picturesque white villages of Andalusia — a medieval Moorish quarter on the heights, with golf resorts and beachfront residences below.

Areas

Built:500 m²Plot:2255 m²

General

Type:Plot / Residential PlotOrientation:West Facing

Views

Sea ViewsPanoramic Views

Features

Sea view
Region:New Golden MileArea/Town:New Golden Mile

Setting

Close To ShopsClose To SchoolsUrbanisation
Asking Price

€ 780 000

Original Price
€ 1 080 000
Price per m²
€ 1 560 / m²

Investment Potential

Price per m²
€ 1 560 / m²

Rental yields are estimates based on local market data. Not guaranteed.

Purchase Cost Calculator

€ 780 000
€
Transfer Tax (ITP 7%)€ 67 000
Notary & Registry Fees (est.)€ 2 800
Legal Fees€ 7 800
Total Taxes & Fees€ 77 600
Total Purchase Cost€ 857 600

Costs are approximate. Please consult a legal advisor.

Mortgage Calculator

Property Price (€)€ 780 000
Down Payment20% (€ 156 000)
%
years
Loan Amount€ 624 000
Monthly Payment€ 3 123,89
Required Monthly Income€ 10 412,97 / mo

Based on 30% of gross monthly income

Calculations are indicative. Please consult a financial advisor.

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EDN-17752·EUR 780 000€ 1 560/m²