The Top 5 Locations in Marbella to Buy a Holiday Home
With the Spanish property market recovering, but prices still low, there’s never been a better time to buy a second home.
Marbella is the ideal spot to invest in a holiday home and enjoy glamorous getaways. With a more buoyant property market than anywhere else in Spain, purchasing a property here can be an excellent long-term investment.
In addition, with more tourists visiting the Andalucía region than ever before, it could also prove profitable in the short-term should you decide to rent your holiday home out when you’re not using it.
MP Dunne – Hamptons International has a fantastic selection of beachfront and mountainside properties that are ideal investment / second home properties. Here we give you an overview of 5 popular places to buy in Marbella, so you can start dreaming of the sun on your skin and sand beneath your feet…
1) The Golden Mile
The glittering Golden Mile is home to some of Marbella’s most exclusive mansions, with price tags as high has €50m! However, there are also a number of apartment buildings where well-appointed one and two bedroom apartments are available at more affordable prices. Located in such a highly popular area, these represent a great investment opportunity.
In addition to its high value real estate, the Golden Mile is defined by a long stretch of golden sand. The beach, and its pleasant promenade, stretches all the way from Puerto Banús in the west through to the city centre in the East (the walk is about 6 km). The beachfront is populated with restaurants and beach bars, like Victor’s Beach, serving fresh seafood and delicious cocktails.
You will also pass Marbella’s two finest hotels, The Marbella Club and The Puente Romano. Established in 1947 by Prince Alfonso von Hohenlohe as a getaway for his jet set friends, The Marbella Club (pictured below) is an institution. MP Dunne – Hamptons International is proud to be located opposite the hotel.
Prices from: €500,000
Popular urbanisations: Marina Puente Romano, Casacada de Camojan, Sierra Blanca, La Trinidad, Malibu, Laguna Banus, Monte Paraiso, Altos Reales
In a nutshell: A glamorous location for those who want to be at the heart of the Marbella scene.
2) Nueva Andalucía
Nueva Andalucía is known locally as ‘Golf Valley’ because of it proliferation of lush green golf courses (including Los Naranjos pictured below). Whether you’re a fan of the game or not, it’s a beautiful location, with a fantastic selection of villas and apartments located within prestigious golf communities.
With its established, friendly ex-pat community, a great restaurant and social scene and top schools such as Aloha College, it’s a great choice for families.
The area is situated just behind lively Puerto Banús, so it’s ideal for those who crave tranquillity, but still want to be close to the beaches, shops, bars and restaurants.
Nueva Andalucía is home to Marbella’s well-known La Sala restaurant, as well as a huge bullring, built in 1964. The bullring no longer holds bullfights – instead it plays host to a hugely popular weekly market, selling everything from fresh veg to antiques.
Prices from: €250,000
Popular urbanisations: Las Brisas, La Quinta, Aloha Golf Club, Los Naranjos, Las Tortugas, Magna Marbella, La Cerquilla, El Herrojo Alto
In a nutshell: Great for golfers, families and those who want to be close to the action, but not in it.
Benahavis is a picturesque mountain village, just 7 km inland from the coast. It has been dubbed ‘The Dining Room of the Costa del Sol’ because it has the highest concentration of restaurants on the coast.
Highlights include Los Abanicos (which formerly held a Michelin star), El Sarten, La Torre and Amanhavis Hotel and Restaurant. See Benahavis’ best restaurants on TripAdvisor.
More than half of the residents of Benahavis are expatriates, but despite this it retains its Spanish charm. The pueblo is made up of traditional white buildings built around a central plaza that’s full of restaurants (pictured below).
Thanks to the many large villas located in the hills of Benahavis, within the super exclusive La Zagaleta estate, the region is the richest municipality per capita in Andalucía. The Town Hall uses the additional funds to ensure everything is spotlessly maintained and to provide free sports and leisure facilities for residents.
Prices from: €250,000
Popular urbanisations: Los Arqueros Golf, La Heredia, Benahavis Hills, La Zagaleta, El Madronal, Benatalaya, La Alquería, Monte Mayor, Marbella Club Golf
In a nutshell: Stunning mountain views and a small village feel, but only a short drive to the beach.
4) San Pedro de Alcantara
Despite its close proximity to glamorous Puerto Banús, San Pedro de Alcantara has retained the feel of an authentic Spanish town. Its central plaza features an imposing church, fountain and a selection of restaurants and bars, while the little streets that lead off it bustle with traditional shops and tapas bars.
The area has benefited from a massive regeneration project that has seen a brand new boulevard built between the town and the seafront. A contemporary masterpiece, it features an undulating steel pedestrian bridge, multiple children’s play areas, an amphitheatre for live cultural performances and elegant restaurants.
The palm-lined seafront promenade (pictured below) has also been renovated and is a lovely place for strolling. The beach itself is wide and sandy and punctuated with inviting chiringuitos, such as Pesquera Chiringuito. You may easily walk to Puerto Banús or, if you’re feeling energetic, into Marbella Town.
Prices from: €250,000
Popular urbanisations: Noray Playa, Casablanca Beach, Guadalmina Alta, Guadalmina Baja, Linda Vista Baja
In a nutshell: An area with an authentic Spanish feel and a quieter beach that’s ideal for families.
5) Marbella East
Marbella East consists of the areas of Elviria, El Rosario, Las Chapas, Los Monteros and Cabopino. The region is considered to have some of the finest beaches, not just in Marbella, but on the whole of the Costa del Sol.
Cabopino Beach boasts fine, golden sand and beautiful rolling sand dunes. It’s surrounded by pine trees and cork oaks and is a haven for nature. The area is quieter than other parts of Marbella and is unspoilt by high-rise buildings.
Cabopino also offers a charming marina (pictured below), with a small selection of restaurants, including the famous Italian Da Bruno’s, perched on the edge of the harbour.
While there are many large, luxury villas in this part of town, there are also a number of apartment complexes close to the beach, which make the ideal pied-à-terre.
Prices from: €250,000
Popular urbanisations: Los Monteros, Las Chapas, Rio Real, Carib Playa, Alicate Playa, Birdie Club
In a nutshell: The perfect spot for beach lovers seeking quiet relaxation.