Estepona is set to develop a massive shopping centre that will surpass Marbella's renowned La Cañada mall, making it one of the largest retail hubs in Spain. Originally conceived in 2008, the €300 million project, now revived, aims to transform the area of La Lobilla into a commercial destination of over 130,000 square meters. The new complex will not only offer a vast shopping experience but also create green spaces and public amenities, catering to the growing demand in this prime location.
For foreign investors, this development adds immense value to Estepona's already thriving property market. Situated on the western Costa del Sol, Estepona offers a unique combination of luxury living, excellent infrastructure, and close proximity to nature. The new shopping centre will serve as a major attraction for residents and tourists alike, further increasing the appeal of this picturesque town. For investors looking to purchase residential property in the area, the new retail development promises a strong potential for growth in property value and rental demand, especially with the increase in tourism and local footfall it will bring.
Estepona, known for its luxurious residential developments and serene environment, has become a prime location for European buyers seeking second homes or investment properties. The combination of this large commercial project and Estepona’s natural beauty creates a golden opportunity for those looking to invest in high-quality, long-term real estate on the Costa del Sol.
If you're interested in exploring property investment opportunities in Estepona or learning more about the upcoming developments, get in touch today for personalised advice and insights tailored to your needs.
