La Zagaleta offers mansions, golf and nature at prices that only the super-rich can afford. It is a bit of a mystery for the locals of the previously sleepy white village Benahavis who have little or no idea of life in this now-famous urbanization. La Zagaleta is contributing to about 80% of the town hall income and has made Benahavis one if not the wealthiest town halls per capita in Spain.
La Zagaleta offers mansions, golf and nature at prices that only the super-rich can afford. It is a bit of a mystery for the locals of the previously sleepy white village Benahavis who have little or no idea of life in this now-famous urbanization. La Zagaleta is contributing to about 80% of the town hall income and has made Benahavis one if not the wealthiest town halls per capita in Spain.
La Zagaleta in another life was the hunting estate of the late Saudi Arabian playboy once titled the richest man in the world “Adnan Khashoggi”. A short drive to Marbella and Puerto Banus it is today an estate reserved for some of the largest fortunes in the world. Discretion is the byword and staff are expected to uphold a code of silence regarding the mythical owners and residents in La Zagaleta. To be a neighbor here one has to pay at least a million euros for a plot, but the most expensive plots go to as much as six million. Direct Access to the golf course or having panoramic sea views carries a premium. In La Zagaleta it’s all about sectors and views.
If you prefer a house already built, the most expensive may go to as much as fifty million and never be officially on the market! Currently, Villa Cullinan is being promoted as the most expensive mansion in Europe at thirty-two million euros. The actual range of houses for sale is between four and sixteen million. These amounts mean that La Zagaleta ranks as the most expensive real estate in Spain according to a survey by the top real estate portal Idealista. The average price of a property advertised with Idealista is about 6.7 million euros. More even than the palaces and mansions sold in Barcelona in the Avenida de Tibidabo which is the second-highest real estate according to them.
However, the real difference between the two is you need an invitation to get into La Zagaleta. The level of confidentiality is very high, and the one hundred or so employees are expected to be very discreet. So, who does live there? Certainly not what you would expect, not famous footballers or media personalities. That lifestyle does not fit with the La Zagaleta ethos.
The first residents originally came from Switzerland and Germany and it’s more a Hermes and Chanel client than Gucci and Versace. Understated is the key. Mainly CEOs of Multinationals and high profile business people who insist on privacy and service. More recently, the residents are younger from Silicon Valley or startups and bring their families with the children attending the excellent International schools in Marbella. So, for now, Kim Kardashian and Kanye West will have to look somewhere else!
MPDunne – Hamptons International has a proven track record for sales in La Zagaleta. Check our website for the most up to date listings.
Mary Dunne Managing Director
Mary Dunne is a highly qualified and experienced real estate broker in Marbella. Holder of a Spanish Realtor license GIPE 2.709. , a professional organisation for licenced Real Estate agents in Spain.
More than two decades of experience in the international luxury property sector gives her a deep understanding of real estate transactions’ financial and legal aspects.
La Zagaleta is well-known as one of the most prestigious residential addresses in the greater Marbella area. In fact, together with the Golden Mile it generally ranks top here and also scores very high in international luxury residential ratings, but as La Zagaleta is such a private gated country club with strict control of who enters, it is not exactly an easily accessible market.
Normally the highest square metre prices are achieved in large, busy capital cities where land is scarce. Following this logic, you would think that the most expensive streets for real estate in Spain would be found in Madrid and Barcelona, but in actual fact Marbella now tops the list with Calle Mozart, an exclusive residential street in Sierra Blanca on the Golden Mile whose sumptuous villas collectively make this the most valuable address in the country.
The project of La Zagaleta was conceived with one simple concept in mind: “only the best is good enough” and is therefore synonymous with exclusivity and distinction. All the magnificent properties built in La Zagaleta present the highest standards in building materials and finishes, and offer many luxurious and original features, not to mention the latest in home domotic systems and installations.
Marbella luxury real estate by Hamptons International
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