Buying Property on the Costa del Sol: A UK Buyer’s Guide

If you’re a UK resident dreaming of sunshine, sea views, and a more relaxed pace of life, the Costa del Sol continues to stand out as one of Europe’s top destinations. And within this sun-soaked coast, the stretch between Marbella and Estepona—often called the New Golden Mile—has become a favourite for British property buyers seeking lifestyle, investment potential, and year-round sunshine.

Here’s everything you need to know before taking the leap.

Why Marbella–Estepona Is So Popular With UK Buyers

1. Year-Round Sunshine & Outdoor Living

This part of the Costa del Sol boasts over 320 days of sunshine a year. From beach clubs in Marbella to coastal paths and chiringuitos in Estepona, outdoor living becomes the norm.

2. Strong Expat Community

Both towns have long-established British communities, making integration simple. You’ll find:

• English-speaking lawyers and estate agents

• International schools

• British supermarkets and pubs

• Social clubs and sports groups

You’re never far from a familiar accent—unless you want to be.

3. Lifestyle & Healthy Living

Whether it’s golf, padel, beach yoga, cycling, or long lunches overlooking the sea, Marbella–Estepona offers a lifestyle impossible to replicate in the UK climate. Many buyers also choose the area for “semigration”—splitting time between Spain and the UK.

Where to Buy: Marbella vs Estepona

Marbella: Luxury, Glamour, and Established Neighbourhoods

Marbella remains synonymous with:

• Prestigious villas

• Exclusive gated communities

• Michelin-star restaurants

• High-end shopping

• Puerto Banús nightlife

Popular areas:
Golden Mile, Nueva Andalucía, Sierra Blanca, Puerto Banús

Prices are higher, but so is long-term demand and rental potential.

Estepona: Modern, Charming, and Better Value

Estepona has undergone a huge transformation in recent years, becoming one of the most attractive investment spots on the Costa del Sol. It offers:

• A beautifully restored old town

• A new promenade with beach bars

• Modern new-build developments

• Family-friendly beaches

Popular areas:
New Golden Mile, Cancelada, Estepona Port, Atalaya

You’ll generally get more space for your money here compared to Marbella.

Types of Property Available

• Modern new-build apartments with gyms, pools, co-working spaces

• Townhouses in gated communities perfect for families

• Luxury villas with sea views and private pools

• Beachfront apartments ideal for investors targeting holiday lets

• Traditional Spanish fincas (rare but available further inland)

New-builds are particularly popular with UK buyers because of energy efficiency, modern amenities, and 10-year structural warranties.

Costs to Expect When Buying in Spain

Budget an additional 10–13% on top of the purchase price. This usually includes:

• Transfer tax (ITP) or VAT & stamp duty on new-builds

• Notary and registry fees

• Legal fees

• Bank/mortgage fees if applicable

Your solicitor will give a detailed breakdown, but expect the process to be fully transparent.

Mortgages for UK Residents

Spanish banks regularly lend to foreign buyers, including non-residents. Typical terms:

• Loan-to-value (LTV): 60–70%

• Terms: up to 25–30 years

• Need proof of income and bank statements

Many UK buyers also release equity from a UK property to reduce Spanish borrowing.

Post-Brexit Considerations

Brexit has not stopped UK citizens from buying or owning property in Spain—there are no restrictions. The main changes relate to:

• Duration of stays (90 days in any 180-day period without residency)

• Some tax changes for non-EU residents

If you plan to move permanently or stay long-term, residency options such as the Non-Lucrative Visa or Digital Nomad Visa remain popular.

Is It Still a Good Investment?

The Marbella–Estepona corridor remains one of Europe’s most resilient property markets. Demand continues to grow for:

• Holiday rentals

• Long-term rentals

• Digital nomads

• Relocating families

• Retirees

New infrastructure, international schools, and year-round tourism make it a stable long-term investment.

Tips for UK Buyers

• Use an independent English-speaking solicitor

• Get a lawyer before placing a deposit

• Check that all paperwork and licences are in order

• Consider future rental income and costs

• Visit in different seasons to get a feel for the area

• Open a Spanish bank account early

Final Thoughts

From the glamour of Marbella to the relaxed elegance of Estepona, the Costa del Sol continues to offer UK residents the perfect blend of sunshine, lifestyle, and investment potential. Whether you’re dreaming of a holiday retreat, planning a relocation, or building a property portfolio, this coastline remains one of Europe’s most desirable places to buy.