€1,150,000
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Land for sale in Altos de Estepona, Estepona – R4981426
- €1,500,000
- Plot590,195 m²
Strategic Asset in Estepona – 59 Hectares with High Development and Appreciation Potential
A unique investment opportunity in a 59-hectare rural estate located just 8 km from the coast of Estepona, in one of the most rapidly expanding and high-potential areas of the Costa del Sol.
This asset stands out for its strategic location, complete privacy, and spectacular open views towards Gibraltar and the surrounding natural landscape, positioning it as a truly distinctive product within today’s market.
Phased Development Potential
The property currently has a project in progress for the development of a first luxury villa of 522 m2, representing the initial phase of construction.
Upon completion of this first phase, there is the possibility to apply for permits for a second phase of development, followed by a third construction phase, allowing for a progressive, phased development strategy that can be optimized both financially and from an urban planning perspective.
This structure makes the asset particularly attractive for investors seeking to maximize mid- to long-term returns, with the flexibility to scale investment over time.
Segmentation and Development Potential
There is currently an ongoing process to obtain approval for the segregation of the estate into 4 independent plots, each of approximately 15 hectares, opening the door to multiple development strategies, such as:
High-end detached villas
Boutique residential projects
Long-term capital investment with strong appreciation potential
Key Value Drivers
The estate benefits from abundant water resources, with proximity to the Castor River, ensuring sustainability, strong landscape value, and viability for premium developments.
Unlike most assets in the area, this property offers a rare scale and level of exclusivity on the Costa del Sol, with a value comparable to a standard villa plot, yet with significantly higher development potential, privacy, and return on investment.
Investment Summary
A unique opportunity for developers and investors seeking:
Phased development with controlled capital deployment
Strong capital appreciation potential
A distinctive, high-end product
Strategic location on the Costa del Sol
Opportunities of this calibre are extremely limited in today’s market.
A unique investment opportunity in a 59-hectare rural estate located just 8 km from the coast of Estepona, in one of the most rapidly expanding and high-potential areas of the Costa del Sol.
This asset stands out for its strategic location, complete privacy, and spectacular open views towards Gibraltar and the surrounding natural landscape, positioning it as a truly distinctive product within today’s market.
Phased Development Potential
The property currently has a project in progress for the development of a first luxury villa of 522 m2, representing the initial phase of construction.
Upon completion of this first phase, there is the possibility to apply for permits for a second phase of development, followed by a third construction phase, allowing for a progressive, phased development strategy that can be optimized both financially and from an urban planning perspective.
This structure makes the asset particularly attractive for investors seeking to maximize mid- to long-term returns, with the flexibility to scale investment over time.
Segmentation and Development Potential
There is currently an ongoing process to obtain approval for the segregation of the estate into 4 independent plots, each of approximately 15 hectares, opening the door to multiple development strategies, such as:
High-end detached villas
Boutique residential projects
Long-term capital investment with strong appreciation potential
Key Value Drivers
The estate benefits from abundant water resources, with proximity to the Castor River, ensuring sustainability, strong landscape value, and viability for premium developments.
Unlike most assets in the area, this property offers a rare scale and level of exclusivity on the Costa del Sol, with a value comparable to a standard villa plot, yet with significantly higher development potential, privacy, and return on investment.
Investment Summary
A unique opportunity for developers and investors seeking:
Phased development with controlled capital deployment
Strong capital appreciation potential
A distinctive, high-end product
Strategic location on the Costa del Sol
Opportunities of this calibre are extremely limited in today’s market.
This property for sale in Estepona has 0 bedrooms, 0 bathrooms. 1,500,000 €. Located in Estepona, on the Costa del Sol (Málaga, Spain). Reference R4981426. Contact EVS PROPERTY GROUP for more information or to arrange a viewing.
Listed on 03/06/2026
Approximate address
Google Maps-
Address: Altos de Estepona, Estepona, Costa del Sol, Málaga, Spain
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City: Estepona
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Province: Málaga
Details and legal information
Updated on October 28, 2026Decree 218/2005 of the Junta de Andalucía · Consumer information on the sale and rental of homes
- ReferenceR4981426
- Price€1,500,000
- Land Area590195 m²
- Bedrooms0
- Bathrooms0
- Garage0
- Property typeLand, Rustic Land
- Annual IBI156 €/year
- FurnishingUnfurnished
- OrientationSureste / Sur / Suroeste / Noroeste
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Purchase costs and yield
Type of home
Resale
Tax residence
Gross yield = annual rent ÷ price × 100. The net yield depends on costs, IBI and community fees: use the “Yield / ROI” tab.
An indicative calculation, not tax or legal advice. Rates in force in Andalusia as of 10/10/2026.
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