Marbella vs. Estepona: The Best Place to Buy Property

Publication: 16 Oct. 2023
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The sun-kissed coast of Spain’s Costa del Sol is home to many sought-after destinations, but two towns in particular have been buyers’ favourites for many years: Marbella and Estepona. Both offer a unique blend of Andalucian charm, modern amenities, and stunning sea views. But which one is the best place to invest in property? Each town, distinct in style and ambience, possesses unique charms that appeal for various reasons. So, the question arises: How do you determine which one is the perfect place for you? Our guide below will hopefully give you some helpful pointers. Read on to see whether you’re Team Marbella or Team Estepona!

Marbella: The Glamorous Choice
Lifestyle and Ambience: Often regarded to as the “St. Tropez of Spain”, Marbella is synonymous with luxury, glamour, and a bustling nightlife. The famous Puerto Banús marina is lined with designer boutiques and upscale restaurants and is visited by some of the most luxurious yachts in the world.

Property Options:
Marbella offers a huge range of properties, from stunning traditional Andalucian villas to ultra-modern contemporary apartments. The town has seen significant development over the years, leading to a pleasing blend of traditional and contemporary architectural styles.

Amenities and Facilities:
Famous as the “Costa del Golf,” Marbella boasts far more than its fair share of top-class golf courses. It’s not just golfers who flock to the area either – tennis world champion Novak Djokovic has a house here and practices regularly at the Puente Romano tennis club, however, there are plenty of courts in the area for enthusiastic amateurs. Indeed, Marbella is a haven for all sports enthusiasts and the fabulous climate means sporty types can get out and about most days of the year.

The town also boasts world-class healthcare facilities, international schools, and shopping centres.

Price Point:
Given its reputation and demand, properties in Marbella tend to be on the pricier side. However, the potential for rental income, especially during the peak tourist season, can offer a good return on investment.

Estepona: The Authentic Gem

Lifestyle and Ambience:
Estepona retains much of its traditional Spanish charm. Its pretty-as-a-picture Old Town is characterised by its whitewashed buildings, flower-filled squares, and a more laid-back vibe compared to Marbella. The newly refurbished seafront promenade, lined with palm trees and shady children’s play areas, is perfect for leisurely strolls.

Amenities and Facilities:
While Estepona might not have the renown of Marbella, it more than makes up for it in superb modern facilities, a high standard of property development and a family-friendly ambience. The town has its share of top-quality golf courses, a beautiful marina, and several beach clubs, including a recent flourishing of locales that are outposts of Ibiza favourites – the latest in the Pacha empire is due to open soon. With the Orchidarium and the mural-filled streets adding a unique touch to the town, Estepona really does have something for everyone.

Property Options:
Estepona offers a mix of old-town properties, modern apartments, and villas. The so-called New Golden Mile is now well established and offers a wealth of choice, from luxury apartment complexes to expansive villas. The new developments, especially towards the western side of the town, offer modern amenities with a touch of Andalucian style.

Price Point:
Generally, Estepona is more affordable than Marbella, although it has to be said that thanks to a great deal of thoughtful and quality investment, property here is no longer the bargain that it once was. Relative to Marbella though, it is still an attractive option for those looking for value for money. The growing popularity of the town also means that property values are on the rise, making it a good investment opportunity.

The Verdict
Choosing between Marbella and Estepona depends largely on personal preferences and investment goals.
For Glamour and Luxury: If you’re drawn to a luxurious lifestyle, high-end amenities, and a vibrant social scene, Marbella is the place to be. It’s perfect for those who want to be amid all the action.

For Authenticity and Value:
If you prefer a more authentic Spanish experience, with a blend of tradition and modernity, and are looking for value for money, Estepona is a fantastic choice.
In conclusion, both Marbella and Estepona have their unique offerings. It’s essential to visit both towns, get a feel of the neighbourhoods, and assess the property market before making a decision. Whether you choose the glamour of Marbella or the charm of Estepona, the Costa del Sol promises a life of sun, sea, and serenity.

Our knowledgeable agents can help you discover which area suits your needs better. Please don’t hesitate to get in touch to find out.