Thursday, December 19, 2024

IKKIL BAY confirming the Estepona appeal in the luxury market

Ikkil Bay, the residential project located on Playa del Cristo in Estepona, has sold the two most expensive apartments in its development. With this transaction, Ikkil Bay has now sold two of its eight villas, leaving only six units available for purchase.

The sale of these two apartments, regarded as the most expensive in Estepona, highlights the significant interest Ikkil Bay has generated in the high-end real estate market on the Costa del Sol. With an investment exceeding 16 million euros, this project has attracted both national and international buyers seeking to live in one of the region’s most exclusive and sought-after locations.

So much so that Estepona’s western district, traditionally known as Seghers, where Ikkil Bay is situated, has become the city’s most expensive area, with an average price of 4,417 euros per square meter, according to data from Idealista. This area has seen a 27% increase in prices, compared to 11% for the city as a whole, establishing itself as a prime destination for major real estate investors.

Ikkil Bay se distingue por su ubicación privilegiada y su innovador diseño arquitectónico, desarrollado por Senda Projects y Aragón Arquitectos, y ejecutado por la constructora local Jamena. El edificio, con forma de trapecio, se abre al mar y a la luz, proporcionando vistas al Mediterráneo, el Peñón de Gibraltar y el norte de África.

José Andres Mena, CEO de Jamena, ha destacado la dedicación y el cuidado en cada detalle del proyecto. “Hemos puesto toda nuestra dedicación y saber hacer en la ejecución de Ikkil Bay. Queríamos que cada apartamento fuera más que una vivienda, un verdadero hogar donde los propietarios puedan experimentar el auténtico lujo de vivir frente al mar”.

A pocos minutos del centro de Estepona, del Puerto Deportivo y del Mirador del Carmen, el complejo ofrece vistas panorámicas a la Playa del Cristo. La renovación de estas áreas, junto con proyectos internacionales como EVA Estepona Beach Club, que incluirá un restaurante de alta cocina y un Dinner Show, refuerzan la posición de Estepona como un destino residencial de lujo.

Ikkil Bay stands out for its prime location and innovative architectural design, developed by Senda Projects and Aragón Arquitectos, and executed by the local construction company Jamena. The trapezoid-shaped building opens up to the sea and light, offering views of the Mediterranean, the Rock of Gibraltar, and North Africa.

José Andres Mena, CEO of Jamena, emphasized the dedication and attention to detail in every aspect of the project. “We have put all our dedication and expertise into the execution of Ikkil Bay. We wanted each apartment to be more than just a residence, a true home where owners can experience the authentic luxury of living by the sea.”

Located just minutes from the centre of Estepona, the Marina, and the Mirador del Carmen, the complex offers panoramic views of Playa del Cristo. The revitalization of these areas, along with international projects like EVA Estepona Beach Club, which will include a fine dining restaurant and a Dinner Show, further strengthens Estepona’s position as a luxury residential destination.

The construction work is now complete, with final touches being made so that the owners of these first two residences can move in as soon as possible. Ikkil Bay is thus poised to become a benchmark for luxury living on the Costa del Sol.

Ikkil Bay representatives note that with the arrival of summer and the increase in visitors, there has been a surge of interest in their properties. They continue to receive inquiries from potential buyers seeking the perfect blend of luxury and exclusivity. With only six apartments remaining, the opportunity to be part of this exclusive residential community is limited.

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