CONTENTS: INTRODUCTION - ESTEPONA, COSTA DEL SOL - MARBELLA, COSTA DEL SOL - FUENGIROLA, COSTA DEL SOL - MIJAS - BENALMADENA - TORREMOLINOS, COSTA DEL SOL - MALAGA, COSTA DEL SOL - NERJA, COSTA DEL SOL - BARCELONA, COSTA BRAVA - BLANES, COSTA BRAVA - LLORET DE MAR, COSTA BRAVA - TOSSA DE MAR, COSTA BRAVA - ALMERIA, COSTA DE ALMERIA - ROQUETAS DE MAR, COSTA DE ALMERIA - SALOU, COSTA DORADA - MIAMI PLAYA, COSTA DORADA - CADIZ, COSTA DE LA LUZ - ISLANTILLA, COSTA DE LA LUZ - A CORUNA, GALICIA - SANTANDER, CANTABRIA - SAN SEBASTIAN, BASQUE COUNTRY - JAVEA, COSTA BLANCA - GANDIA, COSTA BLANCA - BENIDORM, COSTA BLANCA - ALICANTE, COSTA BLANCA - TORREVIEJA, COSTA BLANCA - LA MANGA, COSTA BLANCA - ORIHUELA COSTA, COSTA BLANCA - PALMA, MAJORCA - MAGALUF, MAJORCA - ALCUDIA, MAJORCA - MAHON, MENORCA - LOS DELFINES, MENORCA - IBIZA TOWN, IBIZA - SAN ANTONIO, IBIZA - PLAYA D’EN BOSSA, IBIZA - PLAYA DE LAS AMERICAS, TENERIFE - PUERTO DE LA CRUZ, TENERIFE - LOS GIGANTES, TENERIFE - LOS CRISTIANOS, TENERIFE - COSTA DEL SILENCIO, TENERIFE - CALETA DE FUSTE, FUERTEVENTURA - LAS PALMAS, GRAN CANARIA - PLAYA DEL INGLES, GRAN CANARIA - PUERTO DEL CARMEN, LANZAROTE - PLAYA BLANCA, LANZAROTE - LA PALMA, CANARY ISLANDS - LA GOMERA, CANARY ISLANDS - GRANADA, ANDALUSIA - VALENCIA -
Area: | ESTEPONA, COSTA DEL SOL | |||||||||||||||||||||
Investor Profile: | Retirement, Worker, Holiday, Business | |||||||||||||||||||||
Category: | B | |||||||||||||||||||||
Population: | Total | British | ||||||||||||||||||||
47,000 | 4,000 | |||||||||||||||||||||
Climate: | Hours of Sunshine Per Day in Summer | Days of Rain Per Year | Average Spring Air Temp. | Average Summer Air Temp. | Average Autumn Air Temp. | Average Winter Air Temp. | Average Water Temp. | |||||||||||||||
11 | 45 | 21 | 28 | 24 | 16 | 20 | ||||||||||||||||
Proximity to: | Airport | Beach | Nearest City | |||||||||||||||||||
46 miles (Malaga) | 0.25 miles | 49 miles (Malaga) | ||||||||||||||||||||
Educational facilities: | No. of Universities | No. of International Schools | No. of Private Schools | |||||||||||||||||||
0 | 1 | 0 | ||||||||||||||||||||
Health services: | No. of Public Hospitals | No. of Private Hospitals | No. of Private Clinics | |||||||||||||||||||
0 | 0 | 3 | ||||||||||||||||||||
Shopping: | No. of Shopping Centres | No. of Markets | ||||||||||||||||||||
2 | 1 | |||||||||||||||||||||
Restaurants and bars: | More than 100 restaurants serve a variety of foods (including Andalusian, French, Chinese, Italian, and Indian), particularly around the town centre and port. Village of Benahavis known for its excellent food. Also good selection of British food. Karaoke bars. | |||||||||||||||||||||
Sports and leisure facilities: | Sailing and water sports available in marina. 4 golf courses. Water skiing and parascending. Sub-aqua diving at diving centre at Atalaya Park Golf Hotel and Resort, which also has a sporting club and beach. Tennis and squash. Equestrian centre. Cycling and walking. Hunting and sport fishing. Art exhibitions and live music concerts in the town. Small cinema showing Spanish films. 4 nightclubs. | |||||||||||||||||||||
Transport: | Public Transport | Roads | ||||||||||||||||||||
Regular bus service every 30 minutes on N-340 to rest of Costa del Sol. Daily bus service to Madrid and cities in Andalucia. | A-7 motorway link to Algeciras. M-557 to Serrania de Ronda, then 333 Algeciras Ronda provincial road. | |||||||||||||||||||||
Crime rate: | Low | |||||||||||||||||||||
Main types of employment | Tourist and service sectors. Knowledge of Spanish valuable. | |||||||||||||||||||||
Future plans: | Widening of nearby N-340 motorway from single to dual carriageway (2004). | |||||||||||||||||||||
Yield range | 7.2% - 8.5% | |||||||||||||||||||||
Type of property | Entry Price | Rent- School Holiday Peak | Rent- Peak | Rent- Off Peak | Average Annual Yield | |||||||||||||||||
2 bed apartment | 175000 | 651 | 521 | 312 | 8.5% | |||||||||||||||||
3 bed apartment | 218750 | 781 | 625 | 375 | 8.1% | |||||||||||||||||
3 bed townhouse | 328125 | 1042 | 833 | 500 | 7.2% | |||||||||||||||||
Villa | 385000 | 1367 | 1094 | 656 | 8.1% | |||||||||||||||||
School Holiday Peak | Peak | Off peak | ||||||||||||||||||||
Demand for letting | High | High | High | |||||||||||||||||||
Finance and leisure scores: | Total (out of 10) | Financial (out of 5) | Leisure (out of 5) | |||||||||||||||||||
6 | 2 | 4 | ||||||||||||||||||||
Flights scheduled from: | Gatwick, Heathrow, London City, Luton, Stansted, Bristol, Cardiff, Exeter, Newquay, Plymouth, Bournemouth, Southampton, Birmingham, East Midlands, Humberside, Newcastle, Teesside, Blackpool, Isle of Man, Liverpool, Manchester, Aberdeen, Edinburgh, Glasgow, Inverness, Belfast City, Belfast International, Derry, Cork, Dublin, Guernsey, Jersey, Norwich, Leeds/Bradford | |||||||||||||||||||||
Typical cost of flights: | School Holiday Peak | Peak | Off Peak | |||||||||||||||||||
£201-320 | £149-237 | £112-178 | ||||||||||||||||||||
Operators: | Monarch, Swiss International, BA, Air France, Excel Airways, Futura, Thomas Cook, Astraeus, Air 2000, My Travel, Easyjet | |||||||||||||||||||||
Description: | Estepona is a medium-sized town and is a seaside resort offering long (more than 30 km) of sandy beaches. It is less developed than other coastal resorts so is relatively more tranquil with large surrounding areas of unspoilt countryside –retaining a more ‘Spanish’ character. It is located on the far west side of the coast and there are mountain villages that surround the town. Although traditionally a peaceful resort, it is becoming more popular, particularly with golfers. Sights to see include the clock tower, Los Remedios church, traditional old houses and castle remains. There are a number of high streets which mainly consist of fashion boutiques and leather stores. Festivities include carnival week in 2nd week of February and a fiesta on the 15th of May. Estepona is a 45 minute drive to Gibraltar. There is a constant shortage of rental properties in Estepona, especially town houses and villas for long-term lets. This has driven the price up of town house and villas due to the business investors moving in. But there are still some to be had and you’ll have no problem letting them. Estepona is one of the hottest resorts and the season is almost all year round. Rental demand is consistent throughout the year and will be in the future. Yields will be stable for at least the next 5 years. There is no sign of major capital growth within this time but over the long term it will move in line with the average. | |||||||||||||||||||||
Hot Website: | http://www.pgb.es/estepona/ | |||||||||||||||||||||
Estate Agents: | Name | Address | Tel | Web | ||||||||||||||||||
Ate Consulting Financiero In mobilario | C/ San Francisco, 4 29670 San Pedro de Alcántara | 0034 952 789112 / Fax: 0034 952 785421 | http://www.atecon.com/eng/ Email: info@atecon.com | |||||||||||||||||||
Bazan | C/Martínez Castro,s/n. | 0034 952 794317 - Fax 0034 952 794317 | http://www.wcostasol.es/negocios/bazan/indice.htm Email. bazan@wcostasol.es | |||||||||||||||||||
Gilmar – Consulting Inmobilario | C/ Avda. Ricardo Soriano, 56 29600 Marbella (Málaga) | 0034 952 861341 / Fax 0034 952 827386 | http://gilmarrealestate.com/index.html Email: gilmar@gilmarrealestate.com | |||||||||||||||||||
Haciendas Garcia Navarro | Avd. Juan Carlos I Bloque 2 bajo 29680 Estepona (Málaga) | 0034 952 80 04 68 - Fax: 0034 952 79 56 13 | http://www.haciendas-garcia.com/ .: E-mail: agencia@haciendas-garcia.com | |||||||||||||||||||
Letting Agents: | Name | Address | Tel | Web | ||||||||||||||||||
Golden Mile Residences | Centro Comercial Guadalmina II, Ofic. 2 Guadalmina Alta, 29670 Marbella (Málaga) | 0034 902 118308 / Fax: 0034 902 118307 | http://www.goldenmile.es/ Email: info@goldenmile.es | |||||||||||||||||||
Scandisol | A.P.I. Nº 622 C/ Santa Ana, 11 29680 Estepona (Málaga) | 0034 952 771736 / Fax: 0034 952 823461 | http://www.scandisol.com/english.htm Email: estepona@scandisol.com | |||||||||||||||||||
Properties Select | Puerto Paraiso, Bl.7, Local 23 29680 Estepona (Málaga) | 0034 952 80 86 13 / 64 67 / 79 69 72 Mob.: 0034 639 290 869 Fax: 0034 952 80 63 83 U.K.: 0871 222 81 76 | http://www.propertiesselect.com/ E-mail: john@propertiesselect.com | |||||||||||||||||||
Swan | Urbanización El Pilar. | 0034 952 888296 - Fax 0034 952 883800 | http://www.swanint.co.uk/ Email. swanint@btinternet.com |