Velaya

Velaya

Estepona · Costa del Sol

First sea line: 24 luxurious apartments, 6 penthouses, 6 townhouses and 2 villas
Purchase Prices from € 4,500,000

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Rarity: Exclusive residences by the sea

Rarity: Exclusive residences by the sea

Because of its privileged location between Puerto Banús and Estepona and its exclusive community of only 38 high-quality residences, Velaya is considered one of the last major beachfront projects on the New Golden Mile. With an incomparable view of the sea and Gibraltar, all 24 apartments, 6 penthouses, 6 bungalows and two villas offer all the advantages of the Mediterranean lifestyle every day anew.

Velaya was created exclusively to the highest standards, a timeless design and using the finest materials. A high degree of privacy can be enjoyed in the picturesque gardens, the year-round heated infinity pool or on the spacious sun terraces. If you want to play sports, you will find plenty of opportunities on the tennis or paddle tennis court as well as on the cardio gym. But the largest luxury, which is not to be found in the Top situations any longer so simply: The singular Mediterranean directly before the door!

Your investment

Why you should choose a residence in “Velaya”

Excellent location

Excellent location

Velaya is located in one of the most sought-after residential areas on the Costa del Sol between the fashionable Marbella and Estepona.

First sea line

First sea line

Residences directly by the sea have become a rare commodity due to the high level of new construction activity on the coveted Gold Coast.

Exclusive living

Exclusive living

Velaya was designed to meet the needs of a home that combines stylish design with the highest quality materials and the latest technologies.

Andalusia´s sun

Andalusia´s sun

Far away from hectic tourist centres, residents enjoy their private paradise in a sunny and mild climate all year on the Costa del Sol.

Purchase prices
District Selwo
€7,365/m²average
+49.7% in the past year
As of Sep 2026
Purchase price growth
District Selwo
+162.4%5 years
avg. +21.3%/yr
+339.5% 10 years
As of Sep 2026
Long-term rents
District Selwo
€21.5/m²per month
−0.1% in the past year
As of Sep 2026
Rent growth
District Selwo
+102.8%5 years
avg. +15.2%/yr
As of Sep 2026
Live & rent
Nightly price
€255–362for 4-bed
27–49% Occupancy over the year
in summer 57–78%
As of Sep 2026
Live & rent
yield
0.6–0.9%gross on the purchase price
€28,000–41,600 a year
net 0.5–0.7%
As of Sep 2026
Investment rental
Nightly price
€304–607for 4-bed
55–60% Occupancy over the year
in summer 81%
As of Sep 2026
Investment rental
yield
1.4–2.9%gross on the purchase price
€64,500–131,800 a year
net 1.1–2.2%
As of Sep 2026

Holiday letting needs a licence and the community’s approval. Based on 24 comparable 4-bedroom holiday rentals within 1.6 km — past figures, an indication, not a forecast.

More in the investor area →·Our own market analysis of newestepona.com

Where's "Velaya"?

38 Properties · from € 4,500,000

Velaya is located in the first sea line of the New Golden Mile. The location of the stylish boutique complex is unique: in only 5 minutes you can reach Estepona – Andalusia’s new hotspot with numerous restaurants, shopping possibilities, a fantastic beach promenade and picturesque old town – via the coastal road. A 10-15 minute drive to the east takes you to Marbella with its renowned marina, exquisite boutiques and restaurants. The airport and the impressive old town of Malaga are about 45 minutes away.
Where's "Velaya"? — map
Where's "Velaya"?

FAQs about Velaya

Where is Velaya located in Estepona?

Velaya is set in the first sea line of the New Golden Mile, between Puerto Banús and Estepona, with the town about five minutes away and its restaurants and beaches close by. newEstepona is glad to arrange a viewing.

What homes does Velaya offer?

Velaya is an exclusive boutique complex of only 38 high-quality residences — apartments, penthouses and villas — with up to 4 bedrooms in a frontline-beach setting. newEstepona can walk you through the available homes and orientations.

What features does Velaya include?

As a frontline-beach boutique development, Velaya offers direct proximity to the sea, high-quality finishes and generous terraces in an exclusive community of just 38 homes. Ask newEstepona for the full specification.

What is it like to live frontline beach on the New Golden Mile?

A frontline-beach home between Estepona and Puerto Banús puts the sand on your doorstep with the marina, restaurants and golf minutes away. It suits an exclusive full-time home or a holiday base; any holiday letting requires a tourist licence and the community’s approval. Christiane Tiebel of newEstepona is happy to show you the location.

Who can I speak to about Velaya?

Your contact is Christiane Tiebel of newEstepona, who guides you personally from the first enquiry to the handover of keys — arranging viewings, floor plans and current availability and coordinating lawyer and notary. She is easiest to reach by WhatsApp or email.

Equipment at a glance

  • First sea line & top location
  • Air conditioning
  • Fully equipped kitchen (Bulthaupt)
  • Infinity- & childrens pool
  • Large gardens and sun terraces
  • Tennis and paddle tennis court
  • Fitness area
  • Gated Community (24h security)
  • Direct beach access
  • Parking garage

The next Hotspots

AIRPORT:Málaga 76,7 km
HIGHWAY:200 m
BEACH:50 m
SUPERMARKET:4,4 km
CITY CENTER:11,5 km
RESTAURANTS:50 m
GAS STATION:4,2 km
HOSPITAL:2,2 km
BUS STOP:6,9 km
SKI RESORT:235 km

About us

In Estepona we have found a place with a special quality of life. The climate, the Spanish culture, a variety of leisure activities and an international community offer a unique attitude to life throughout Europe.

With many decades of real estate experience our team will find the right property for you. From the first contact through all administrative procedures to the final notary appointment we are a reliable partner on your side.

Do you have any questions?

We are also happy to be there for you personally:

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