Residential Plot in Estepona

Investor Opportunity: 9 Residential Plots for Sale in Forest Hills, Estepona

Are you looking for a lucrative real estate investment in the Costa del Sol? This is your chance to acquire a unique package of 9 residential plots located in the sought-after Forest Hills area of Estepona. Perfectly suited for investors and developers, these plots present a rare opportunity to build a mix of apartments, townhouses, and luxury villas in one of the most dynamic regions of Andalusia, Spain.

Strategic Location in Estepona’s Forest Hills

Forest Hills is a well-positioned area on the New Golden Mile of Estepona, known for its blend of natural beauty and proximity to key amenities. The plots are ideally situated:

• Only a 5-8 minute drive to the beach and all essential amenities
• Approximately 12 minutes to Estepona town centre, a vibrant hub with restaurants, shops, and cultural sites
• Just 15 minutes from the prestigious Puerto Banús, famous for luxury shopping, yachting, and nightlife

This location ensures convenience and high demand for any completed properties, whether intended for sale or rental. The combination of scenic surroundings and easy access to the coast makes this a truly valuable development opportunity.

Package Details: 9 Residential Plots Sold as a Bundle

These plots are to be purchased as a single package, providing flexibility and scale for developers. While the plots are located within the same area, they are not necessarily adjacent to each other, offering distinct positions for varied residential designs.

Key Features

• Total land area: 35,141 square meters
• Maximum buildable area: 16,579 square meters for residential properties
• Purchase price for the package: 2,200,000 €
• Estimated re-development cost: 1,700,000 € to be paid in stages (typically as building licenses are approved by the townhall)

Development Potential by Plot

• Plot 1: Residential building for up to 128 apartments
• Plot 2: Site for 7 semi-detached houses
• Plot 3: Site for 18 semi-detached houses
• Plots 4 to 9: Each suitable for constructing a standalone villa (6 villas in total)

This balanced mix-use of plots allows an optimized investment approach, maximizing potential returns and catering to varying buyer preferences within the Estepona real estate market.

Why Invest in Forest Hills, Estepona?

Exceptional Connectivity

Forest Hills is known for its tranquil environment, surrounded by greenery and stunning views of the Mediterranean Sea. Despite the peaceful setting, it offers excellent road connectivity to Estepona, Marbella, and other hotspots on the Costa del Sol.

High Demand for New Residential Projects

With ongoing infrastructural growth and a thriving expat community, Estepona Continues to see increasing demand for new-build homes, especially in quality developments that offer lifestyle, luxury, and proximity to the coast.

Flexibility for Developers

By acquiring this diverse set of plots, developers can:

• Offer a varied product mix (apartments, townhouses, and villas)
• Phase development to match market demand
• Leverage the area's appeal for both holiday homes and primary residences
• Increase overall profitability by catering to different price segments

Development Breakdown: What Can Be Built?

1. Apartments – Urban Living by the Sea

Plot 1 is earmarked for a residential building with capacity for up to 128 apartments. This offers considerable value for both investors looking for buy-to-let properties and those seeking to sell off-plan to local and international buyers. Modern apartments near Estepona are highly sought-after for holiday rentals and permanent living.

2. Townhouses – Ideal for Families and Expats

Plot 2 and Plot 3 have been allocated for semi-detached homes. In total, you can construct 25 townhouses (7 + 18). Townhouses in Estepona are popular for their space, privacy, and access to communal amenities. These homes are in demand among families and remote workers seeking more space in a peaceful yet accessible neighborhood.

3. Villas – Luxurious Coastal Living

Plots 4 to 9 are designed for six individual villas, each positioned on its own plot. Estepona’s villa market remains strong, appealing to high-net-worth individuals from across Europe. Building signature villas allows for premium pricing and strong resale or rental potential, especially when accentuating unique architectural designs and high-end finishes.

Financial Overview and Investment Analysis

The total investment, combining plot purchase and redevelopment cost, comes to an estimated 3.9 million euros. This includes:

• Plot package price: 2,200,000 €
• Redevelopment cost: 1,700,000 € (payable in stages as per townhall regulations and licensing milestones)

Considering current market prices for new developments in Estepona, this project presents a favorable margin for investors. Upon completion, the apartments, townhouses, and villas can be marketed to segments varying from first-time buyers and local families to high-end international clients seeking exclusive homes on the Costa del Sol.

Potential Returns

• High rental yields due to proximity to beaches, golf courses, and amenities
• Strong resale value thanks to Estepona’s robust real estate market and ongoing demand for quality new builds
• Phased development enables early returns from sales and rentals while subsequent phases are under construction

Process and Timeline

Step-by-Step Acquisition and Development

1. Submit an offer and secure the plot package (nine plots in total)
2. Apply for building licenses for apartments, townhouses, and villas
3. Stage payments to the townhall as licenses are issued and construction progresses
4. Complete necessary site infrastructure and commence construction of each product (apartments, townhouses, then villas, or as per your preferred schedule)
5. Market completed units for sale or rental, capitalizing on Estepona’s strong demand

Why Buy as a Package?

Purchasing all nine plots together allows you to:

• Benefit from a competitive price per square meter
• Optimize architectural planning and project phasing
• Control the area’s development, safeguarding your investment against unwanted competition
• Build a large-scale project portfolio in one of southern Europe's most desirable regions

Market Insights: Estepona’s Growth and Demand

Estepona is one of the fastest-growing areas on the Costa del Sol, renowned for its revitalized old town, new developments, and international appeal. The town’s recent focus on art, culture, and infrastructure is continuously enhancing its reputation among both residents and investors.

• Rising property values: Estepona property prices have shown consistent year-on-year growth, outpacing many coastal destinations in southern Spain.
• Buyer diversity: The area attracts buyers from across Europe, particularly UK, Germany, Scandinavia, and the Benelux countries.
• Strong rental demand: Both holiday and long-term rental markets are robust, providing solid income potential for investors.
• Government investment: Ongoing improvements in infrastructure, healthcare, and public services further enhance property values and living standards.

Benefits of Investing in Estepona Real Estate

• Prime Location: Enjoy proximity to beaches, resorts, international schools, and golf courses.
• Quality of Life: Estepona offers a mild climate, lush green spaces, and a blend of traditional Spanish culture with modern amenities.
• Growing Economy: Tourism, real estate, and community services provide stability and growth opportunity for investors.
• Secure Investment: Spain’s legal and financial systems support and protect real estate investments.

Contact Us for More Information

If you are an investor or developer seeking a strategic real estate opportunity on the Costa del Sol, these nine residential plots in Forest Hills, Estepona, represent a rewarding venture. Whether you wish to build and sell, develop a rental portfolio, or create a signature private estate development, the options are wide open. Contact us today to receive the full documentation, technical details, and to arrange a viewing of the site.

Seize this Rare Investment Opportunity in Estepona

Don't miss your chance to be part of Estepona’s exciting future. Secure these residential plots in Forest Hills, develop a high-return property portfolio, and join the growing number of investors benefiting from Spain’s thriving real estate market. Get in touch to discuss your investment goals and take the next step toward your new development in one of the Costa del Sol’s finest areas.