The varied property of Marbella

Marbella is very often considered to be a millionaire’s playground reserved exclusively for the rich and famous. It has been associated with images of luxurious yachts, mansions, super cars, exclusive country clubs and glamorous resort hotels, Michelin-star restaurants, celebrity nightclubs and also trendy beach venues for a long time now, and with this comes the perception that only the rich can live or own a property in Marbella.

While it is certainly true that this region at the southern tip of Spain is a favourite of millionaires, business tycoons, celebrities, sportsmen and royals from different parts of the world, the Costa del Sol in general has a lot more to offer than multi-million euro penthouses, villas and mansions alone. The list of famous names that does or has owned property in Marbella is extensive, ranging from Audrey Hepburn and Rod Stewart to Sean Connery, Hugh Grant, Prince, Ronaldo, Novak Djokovic, Bjorn Borg and James Hunt, to name just a few, but it also includes normal people such as you and me.

More affordable than you think

The truth is, Marbella and the Costa del Sol are among the finest luxury resort destinations internationally, but when compared with others such as the Cote d’Azur, Mallorca, Ibiza and the Costa Esmeralda it becomes clear that this region is also more affordable, both in terms of real estate and cost of living.

These two factors are also consistently below the price levels of major European cities, such as Paris, London, Dublin, Amsterdam, Frankfurt or Zürich. So while it is possible to buy a La Zagaleta mansion in Benahavis for around €30 million and the market for modern villas in the €2 million to €12 million range is buoyant, there are also affordable lifestyle options available in and around Marbella.

The best areas for this include Calahonda, Mijas Costa and El Rosario on the east side of Marbella, where a stylish Mediterranean apartment can be found from upwards of €200.000, residential areas such as El Paraíso, Atalaya and Selwo Hills on the New Golden Mile between San Pedro Alcántara and Estepona, or indeed the coastline west of Estepona.

On the upcoming New Golden Mile, apartments and townhouses also start at €200.000 and above, though some bargains can still be found under this level, this is also true in Casares Costa, Sabinillas and La Duquesa – residential areas with investment potential that are becoming increasingly popular.

View our web pages or contact our team to find out more about the varied offer of homes for sale in Marbella and surroundings areas.

Published on 21 January 2022 in Areas

Mary Dunne

Mary Dunne

Mary Dunne is a highly qualified and experienced real estate broker in Marbella. Holder of a Spanish Realtor license GIPE 2.709. In 2005 she earned an MBA in Spanish Real Estate Management. A GIPE Association member, a professional organisation for qualified Real Estate agents in Spain and registered with the CEPI (European Association of Real Estate Professionals.

Mary Dunne

Mary Dunne

Managing partner

+34 952 866 072

[email protected]

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