Buying a Home in New Golden Mile
The name New Golden Mile refers to the coastline between Estepona and Marbella on San Pedro Alcantára. This destination is popular with both tourists and residents.
The major towns and localities found close to New Golden Mile include Cancelada, El Paraiso, Diana Park, Bel Air, Selwo and Estepona. Buying a home in New Golden Mile allows you to experience the wonders that these nearby towns offer. These towns are only 4 to 15 miles apart from the New Golden Mile.
Why Buy Luxury Real Estate in New Golden Mile?
Marbella may be expensive, but living in New Golden Mile is much lower than elsewhere. With drink, food, and groceries cheaper than in Marbella, it’s easy for you to make sure you’re feeling financially stable when you live here.
Buying a Home in New Golden Mile allows you to send your children to nearby Laude San Pedro International College to get an education from primary to secondary level.
Several public healthcare centers and private Triay Medical Center offer Spanish and Native English-speaking people emergency services. Buying a home in New Golden Mile also offers pharmacies, dentists, and pediatricians services.
Marbella has many opportunities, including the tourism industry and retail, with companies specializing in technology just a short drive away. This part of Spain is significant for English speakers looking for professional jobs.
You are about 45 minutes away from the Malaga airport and around 50 minutes away from Gibraltar, making it easy to visit both airports without taking much time out of your day. Buying a home in New Golden Mile offers a quick reach to Puerto Banus, with a drive of only 10 minutes.
Buying a home in New Golden Mile offers a lot of different shops in the town, including supermarkets, open-air markets, and plenty of local bars & restaurants. You’ll also find a central old village close to the beach.
Real Estate Prices in New Golden Mile
Looking for an investment that’s worth your time and money? Look no further than property investments in New Golden Mile.
In the second quarter of 2022, prices for buying a home in New Golden Mile were on average € 3,171 per sqm. This is up 7.5% from the first quarter of 2021 (€ 2,950/ sqm).
Rental prices for residential properties are consistently rising in the current market, with a recent spike of 11.18% Y/Y from May 2021 to May 2022 (10.73/ month/ sqm to 11.93/ month/ sqm).
You’ll find a range of luxurious apartments, top-notch amenities, and a friendly neighbourhood. And if you’re looking for buying a home in New Golden Mile that’s even more unique and exclusive, we’ve also got limited-edition homes that are sure to be perfect for you!
For more information about buying a home in the New Golden Mile, visit:
https://inmolink.es/malaga/costa-del-sol/estepona/new-golden-mile
