Estepona's 2027 Budget: €137 Million to Drive Investment, Cut Tax

Estepona Town Hall has approved its 2027 budget, promising continued investment in services and infrastructure, alongside further tax relief for residents.

Estepona residents and property owners can look forward to continued investment in the town's infrastructure and services, alongside further tax relief, following the approval of the 2027 municipal budget.

Estepona Town Hall has approved its municipal budget for the 2027 financial year, totalling more than €137 million. Mayor José María García Urbano described it as a budget of 'continuity and consolidation', aimed at 'continuing to improve services, maintain the city, equip it with facilities, and further applying the biggest tax cut for families'.

The budget maintains criteria of prudence, credibility, and responsibility. It includes planned investments exceeding €24 million. The Mayor stated that objective parameters continue to demonstrate the Town Hall's economic strength and the success of the city model, leading to a consistent economic approach.

Key Investments for 2027

Specific allocations within the budget are set to fund several significant projects across Estepona. These include continuing the work to extend the large pedestrian boulevard along the Mediterranean, integrating it with the remodelled urban centre.

The municipal car park network, offering parking at €1 per day, will see expansion with a new facility planned for the La Lobilla area. Work will also continue on completing the entire coastal path.

Further sporting and leisure facilities are on the agenda, with the finalisation of the velodrome and improvements to the San Fernando football pitch. This will be complemented by the creation of a covered pavilion, which is planned to house a municipal swimming pool and a commercial zone.

The budget also includes provisions for strengthening maintenance and care services across the city, with particular attention to outlying areas. A public lighting improvement plan is scheduled, alongside a new asphalt plan receiving €7 million. A new plan for remodelling children's parks and green areas is also foreseen. Neighbourhoods will see dedicated attention, with projects such as the comprehensive remodelling of Fuerzas Armadas.

Additional investments cover the improvement of public equipment, conservation, and acquisition of materials for beaches and gardens. Maintenance of educational centres and nurseries is also included, with a notable initiative to install air conditioning in classrooms that currently lack these systems.

Financial Relief for Households

The 2027 budget reaffirms fiscal support for families, allocating €7 million to implement the city’s largest ever reduction in the Impuesto de Bienes Inmuebles (IBI – Council Tax). The Mayor highlighted that 'the money that for years had to leave Estepona to pay off debt now stays in Estepona. It stays in our neighbourhoods, in our streets, in our parks, in our social services, in new facilities; but, above all, it stays to provide significant support to family economies'.

The budget maintains the social focus of municipal accounts. Measures include a €1 million increase for the home care service, alongside continued aid and subsidies for social associations and groups.

Affordable Housing Initiatives

Affordable housing remains a key priority, with the Town Hall advancing administrative mechanisms to enable the construction of more than 1,200 subsidised homes (VPO). Land is currently being put out to tender for 199 VPO units in the Camino de Cortes Norte area. Additionally, licences are being processed for the construction of 117 homes by Fundación Vimpyca on two plots located in Camino de Cortes Sur.

These initiatives build on a decision made at the Town Hall's Pleno in February 2026, which approved the compatibility of use for a total of 36 municipal plots, allowing them to be designated for protected housing construction.

Strong Financial Position

The Pleno also approved the General Account for 2025. This financial document reports a budget surplus of €40.29 million. The Town Hall has now recorded eleven consecutive years where all its economic figures have been positive.

The treasury remnant stood at €65.42 million at the end of 2025, with the balance in accounts exceeding €90 million at the close of the same year.

Honouring a Local Figure

In other news, the Municipal Pleno has approved the naming of a public space in the city after 'Pedro Benzal'. This is in recognition of Pedro Benzar Soto, widely known as Pedro Benzal, who served for 30 years as the Senior Master of Estepona’s Fishermen's Guild.

This tribute acknowledges a lifetime dedicated to the sea and fishing, to defending fishermen and their rights, and his contribution to maintaining and transmitting an essential activity for Estepona’s history, identity, and heritage.