The economy of Estepona is largely driven by tourism, thanks to its beautiful beaches, luxury resorts, and cultural attractions. The hospitality industry is a major economic pillar, with numerous hotels, restaurants, and leisure activities catering to both domestic and international visitors. Estepona’s proximity to other popular destinations along the Costa del Sol, like Marbella and Puerto Banús, further boosts its appeal as a tourist hub.
Agriculture also plays a significant role in the local economy, with Estepona historically known for its production of citrus fruits, avocados, and olives. The city’s rich agricultural tradition continues to contribute to the local food industry, particularly with the rise of organic farming and local markets.
In addition to tourism and agriculture, Estepona has seen growth in the real estate and construction sectors, particularly in the luxury property market. Many foreign nationals invest in second homes or holiday properties, contributing to the city’s thriving real estate industry.