Estepona, ‘the garden of the Costa del Sol’, has grown in recent years into one of the region's most sought-after destinations. A charming, flower-filled old town, a long promenade, new golf resorts and plenty of quality new build make it attractive to residents and investors alike.
In this guide you will read why Estepona is interesting to invest in, which areas offer the most opportunities, what property costs there and what return is realistic.
At Jansen & Brouwer Property Capital we guide investors in Estepona and the surrounding area, from selection to notary, entirely in Dutch.
Why invest in Estepona?
- Best value for money on the Costa del Sol: the entry price is still lower than in Marbella.
- Strong growth: plenty of new build and infrastructure, with rising prices.
- Charming and lively: an authentic town centre with modern amenities.
- Close to Marbella: all the luxury within reach, at a lower entry price.
The best areas
- Estepona town centre and the promenade, popular and easy to let.
- New Golden Mile (towards Marbella), premium new build.
- Neighbouring areas Casares, Manilva and San Pedro de Alcántara: up-and-coming and attractively priced.
- Benahavís: exclusive, green and inland.
View our current properties or read our broader guide on new build on the Costa del Sol.
What does property in Estepona cost?
New build apartments start at around €250,000 to €300,000 as a guide; on the New Golden Mile and in the luxury segment prices run well above that, with villas up to several million. Count on roughly 12.9% in additional costs for new build and roughly 8.7% for resale. See also Taxes on Spanish property.
What return is realistic?
- Gross rental yield: 6 to 7% per year.
- Capital growth: as a guide 5 to 8% per year.
- Total return: as a guide 10 to 15% per year.
Planning to let? Read Renting out property in Spain and take note of the holiday rental licence.
Buying process and financing
We describe the buying process in 8 steps; you can read about your financing options in Mortgages in Spain for Dutch buyers. Also compare Estepona with Marbella.
Frequently asked questions
What does property in Estepona cost?
New build apartments from around €250,000 to €300,000 as a guide; higher on the New Golden Mile and in the luxury segment. Count on roughly 12.9% in additional costs for new build and roughly 8.7% for resale.
Estepona or Marbella, which is better?
Estepona offers a lower entry price and strong growth; Marbella is more exclusive with the highest international demand. Which suits you depends on your budget and your goal.
What return can I expect?
A gross 6 to 7% rental yield per year, and with capital growth added an indicative 10 to 15% total return.
May I let my property to tourists?
Yes, with a holiday rental licence (VFT in Andalusia). The conditions differ by municipality and are becoming stricter in 2026.
Ready to invest in Estepona?
Get in touch with Jansen & Brouwer Property Capital for personal advice, or view the current listings straight away.