Estepona Boulevard Project is moving rapidly towards becoming one of the most important urban regeneration schemes currently underway on the Costa del Sol. While Marbella often captures international headlines through luxury developments and branded residences, Estepona continues to strengthen its position through something arguably more important, long-term urban planning.
The latest construction update confirms significant progress across multiple phases of the project, with underground infrastructure nearing completion and major structural works now visibly transforming the town centre. For residents, investors and property owners alike, the project represents far more than a new public space. It is another step in Estepona’s remarkable transformation from traditional coastal town to one of Spain’s most successful urban regeneration stories.
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A Project Designed to Reconnect Estepona
The new boulevard forms part of a wider vision that has been reshaping Estepona over the past decade. The development is designed to connect the Mediterranean seafront promenade with the town’s historic centre, known as the “Jardín de la Costa del Sol”, creating a seamless pedestrian experience between old and new Estepona. This may sound straightforward, but the long-term implications are significant.
Successful urban environments increasingly prioritise walkability, connectivity and public space over vehicle dominance. Estepona has embraced this philosophy more aggressively than almost any municipality on the Costa del Sol. The result has been a town that feels increasingly liveable, attractive and valuable.
The boulevard strengthens that strategy by creating a direct connection between the beachfront and the commercial heart of the municipality while introducing new civic spaces that will serve residents throughout the year.
Construction Progress Moving Ahead of Expectations
According to the latest update, underground utility installations are now approximately 90% complete. These works include essential infrastructure such as:
• Electricity networks
• Telecommunications systems
• Drinking water infrastructure
• Irrigation networks
• Drainage systems
Foundation works have reached approximately 50% completion, while construction of the first-floor slab has progressed to around 30%. Roof slab works have now commenced, marking another visible milestone in the project timeline. While much of this work remains hidden beneath the surface, it is arguably the most important aspect of the development.
Modern infrastructure creates the foundation for future growth, increases capacity and improves the long-term functionality of surrounding neighbourhoods.
Improved Connectivity During Construction
One of the more impressive aspects of the project has been the municipality’s effort to maintain accessibility during the construction phase. Pedestrian access through Avenida San Lorenzo has already reopened, helping preserve movement throughout the area. Additional connections from Juan Carlos I and Avenida España are expected to open during the summer, further reducing disruption and improving access to surrounding businesses and residential areas.
Landscaping works have also begun around the Alborán building, providing the first visible indication of how the finished environment will eventually appear.
More Than a Boulevard
What distinguishes this project from many infrastructure schemes is the scale of additional improvements being delivered alongside it. The development includes:
• More than 300 underground parking spaces
• New public plazas
• Pedestrian promenades
• Water features
• Green spaces and parks
• Dedicated cycling infrastructure
• Electric vehicle charging facilities
• Motorcycle parking areas
• Taxi and transport connections
• Commercial loading zones
These elements collectively create an entirely new urban environment rather than simply a road or pedestrian route. Importantly, the underground parking component continues Estepona’s highly successful municipal parking model, where residents and visitors can access centrally located parking facilities at heavily subsidised rates.
This has become one of the municipality’s most appreciated initiatives and has played a significant role in supporting local commerce and tourism.
A Vision Beyond Tourism
Perhaps the most impressive aspect of Estepona’s transformation is that it extends beyond tourism. Many coastal municipalities focus almost exclusively on attracting visitors. Estepona’s approach has been broader, creating a town designed equally for residents, businesses, families and investors. The boulevard project reflects that philosophy perfectly. It is designed to improve daily life rather than simply create another tourist attraction. That distinction matters because places that work well for residents generally perform better for visitors and property investors as well.
As the project continues advancing through 2026 and beyond, it will become another visible example of why Estepona has emerged as one of the Costa del Sol’s strongest long-term growth stories.
Examples Using Marbella Rental Figures
The ability to review rents annually provides landlords with an important safeguard, particularly in a market where maintenance costs, insurance premiums, community fees and taxation have all experienced upward pressure. However, the strongest investment strategies rarely focus solely on maximising short-term returns. Retaining high-quality tenants, minimising vacancy periods and fostering positive landlord-tenant relationships often prove equally valuable over the long term.
Managing Partner James Evans comments, “Many owners instinctively look at the maximum increase permitted, but the right decision often depends on the broader context. Tenant quality, renewal prospects and long-term objectives should all form part of the conversation.”
Marbella’s rental market remains fundamentally robust, underpinned by international demand, lifestyle migration and a limited supply of quality accommodation. Yet regulatory change continues to reshape the landscape. Understanding how and when rent reviews may be applied has therefore become an increasingly important aspect of professional property ownership.
For landlords, clarity brings confidence. Whether managing a single apartment or an extensive portfolio, taking the time to understand the Spain Rent Increase 2026 rules ensures decisions are both legally compliant and commercially sound.
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Research enquiries:
James Evans — Managing Partner
📞 +34 643 390 376 | ✉️ james@justrealestate.es
Sales enquiries:
Alina Nouaimeh — Partner
📞 +34 600 689 749 | ✉️ alina@justrealestate.es
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The Data Behind This
Regeneration is a large part of why Estepona has outgrown its neighbours. The Estepona property market report covers the effect on transaction volumes and values.
