Living the Dream: What €500K Gets You on the Costa del Sol?

Have you ever dreamed of owning a beautiful new home in Marbella or anywhere along the Costa del Sol? In this episode of Costa Insights, Kian & Sam take us through the top new developments between €300,000 and €500,000. Whether you are looking for a luxurious investment or a stunning place to call home, there are some incredible options currently on the market.

Best New Developments Under €500K

1. Lakün (Miramar, Mijas Costa)

Lakün is a brand-new launch that is already making waves. It is strategically located in Miramar, offering walking distance to everything while avoiding some of the short-term rental restrictions in Fuengirola. With competitive pricing, this development presents a fantastic investment opportunity.

• Price Range: 1.5-bedroom units from €300,000, two-bed units from €350,000

• Why Lakün? Prime location, great rental potential, strong capital appreciation

2. Bahía (Calanova Golf, La Cala de Mijas)

Bahía is situated in the up-and-coming Calanova Golf area, just minutes from La Cala de Mijas. It offers sea and golf views, making it an attractive choice for homebuyers and investors.

• Price Range: Two-bed units from €380,000

• Why Bahía? Fantastic golf and mountain views, close to amenities, high rental demand

3. Marine Hills (New Golden Mile, Estepona)

Marine Hills is one of the most exciting developments in the New Golden Mile. It is unique because it integrates solar panels to help lower community fees, making it a cost-efficient option in the long run.

• Price Range: Two-bed units starting from €400,000

• Why Marine Hills? Low community fees, top-tier amenities, energy-efficient design

4. Capri by Kronos (New Golden Mile, Estepona)

Capri has been one of the best-selling developments in the area due to its reliable developer, Kronos, and excellent price-to-quality ratio. While it is east-facing, some corner units offer south-facing views.

• Price Range: Two-bed units from €350,000, three-bed units from €400,000

• Why Capri? Trusted developer, excellent location, great investment potential

5. Abril (Doña Julia Golf, Casares)

Located in Casares on the Doña Julia Golf Resort, Abril offers great value for money, especially for those looking for larger units with sea views and great orientation.

• Price Range: Two-bed units from €340,000, three-bed units from €380,000

• Why Abril? Spacious layouts, high-quality construction, superior views

Investment vs. Personal Use?

If you are looking for an investment property with high rental potential, Lakün og Salvia in Estepona (another great beachside development) are strong choices due to their location and short-term rental appeal. If you are looking for a personal residence, Marine Hills offers the perfect balance of luxury, affordability, and low running costs.

Conclusion

From beachside apartments to golf-front luxury homes, the Costa del Sol offers incredible opportunities for buyers with a budget of up to €500,000. Whether you are looking for an investment or a dream home, there is no shortage of options.

Looking to explore these developments further? Get in touch with Hej Hjem to find the best property for you!

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