Estepona property and property in the new Golden Mile area of Costa del Sol is some of the finest on the coast and some of the most stunning but however it is also where certain developers and property owners are completely out of touch with reality and some developers still wanting to achieve over €600,000 Euros for an apartment which is sheer madness well that is the view of Spanish Hot Properties marketing and operations manager Susana Suspenda.
“The actual area of Estepona to the New Golden Mile is quite long and within this area you have Area such as Sun Beach, Laguna Village, Dominion Beach, El Paraiso, Monte Mayor, Cancelada, Selwo and the wonderful Los Flamingos Golf Resort and Estepona Itself. There are some wonderful developments such as El Camapanario which represent the highest luxury quality homes you can possibly imagine. However El Campanario was partly developed by Occidental who is incredibly rich beyond anyone’s imagination and has no intention of selling below cost price if they can help it. The good news for recent buyers is that the partner on the development would like to sell and inject some realism into the price structure but safe to say El Campanario is very much a lifestyle choice and not one driven by price or cost. Occidental also have a similar development in Belamadena which start at €300.000 which is completely mind blowing if you know the average price of Belamadena but the developer will sit on the units for 10 years if necessary and in reality this is the situation with most of the up market developments on the New Golden Mile and Estepona. Explained Susana
So what is the situation for those wanting to buy in this area are there any real bargains to be had and is reality ever going to set in on this lovely piece of Costa del Sol Coastline? Well according to Susana there are a few Gems that can be found but most importantly a soon to be launched offer from Spanish Hot Properties that is simply the best ever to date in this area. Susana explains “like everything if you look hard enough you will find what you’re looking for and for example we have a brand new unit is Los Flamingos Golf at €350,000 where some developers are still trying to achieve over €600,000 and then we have a wonderful Townhouse on Dominion Beach itself at €330,000 so they are about. However the real deal will be launched nest week where we have units that were €400,000 that we have managed to obtain for €200,000 for our clients. However we only have 30 units and it will be very much on a first come first serve basis”.
Anyone wishing to find more about the current state of the Estepona property market or information in general about Spanish property should contact Spanish Hot Properties
HQ Mailing Address:
Spanish Hot Properties SL
Gerald Brennan 46
Alhaurin El Grande 29120
Malaga
Espana
CONTACT VIA TELEPHONE
UK: 0207 558 8355
International: 0034 952 588 910
Email; info@spanishhotrpoperties.com
Website:
http://www.spanishhotproperties.com/Spain/Andalucia/Costa_Del_Sol/Estepona/1/index.htm
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