Marbella Luxury Real Estate.
Demand for luxury real estate in Marbella is driving the booming Costa del Sol property market. Some areas, such as the Golden Mile, Sierra Blanca, and La Zagaleta struggling to keep up with demand. While new villas are being built, supply cannot meet the demand for modern homes that buyers desire.
Most of the existing modern homes have already been sold, leading luxury real estate buyers in Marbella to invest in off-plan properties that are currently under construction and will be ready for occupation within six to 18 months. Renovated existing properties are also popular, particularly in prime locations with sea or golf course views or in elegant country club settings surrounded by natural landscapes.
Renovated older villas in Marbella are popular due to their prime locations, modern Mediterranean architectural details, and larger indoor and garden areas. These features are highly desired by buyers who value both interior and outdoor space, as they often use their Marbella homes as permanent residences or for extended stays. This trend is also reflected in the increased demand for school enrolment.
Affluent individuals aged between thirty to sixty years old are the primary homebuyers in Marbella seeking a desirable work-life balance. They often work remotely from home or a co-working centre, prioritizing home leisure facilities, security, climate, and quality of life. Online searches for “luxury real estate Marbella” suggest that this segment is the main focus of potential buyers. This is reflected in the market, with property sales dominated by villas above €2 millions.
Marbella remains the go-to haven for individuals across Europe and beyond, offering an ideal lifestyle within easy reach of their home cities and business centres. It’s the perfect destination for a cosmopolitan environment with great sports, cultural, and social activities. In addition, the growth of professional and leisure services further emphasizes the dynamic nature of the luxury property market in this sun-drenched region.
Marbella vs Monaco: A Comparison
Marbella and Monaco are both renowned luxury destinations in the Mediterranean. Still, when it comes to choosing between the two, it ultimately depends on personal preferences and what you are looking for in a vacation.
Marbella and Monaco share many similarities as high-end Mediterranean resort towns that exude luxury, glamour, and a premium quality of life that is unmatched anywhere else. Such allure has attracted wealthy individuals and celebrities to both destinations since the 1950s, but despite these similarities, they each offer a unique charm.
Marbella.
Compared to tiny Monaco, which is more akin to Gibraltar, Marbella is the hub of the exclusive Costa del Sol. This 200-kilometre coastal region includes Málaga city, ski and surf resorts, and a vast hinterland of natural beauty spots and fascinating towns and villages. Marbella is located in the autonomous Andalusian region, where taxes are levied, although inheritance tax is not among them, and the cost of living is significantly lower. Furthermore, Marbella offers a superior standard of homes, with a wide selection of apartments and villas in various residential areas.
Monaco.
Known as Monte Carlo, the principality of Monaco is often regarded as the epitome of exclusive luxury. Its glamorous location on the Ligurian coast of the Mediterranean is undeniably impressive, attracting international celebrities and high-net-worth individuals since the 1950s. However, the real estate in Monaco is underwhelming, with mostly sub-par apartments due to limited space for villas. Despite being tax-free for ultra-high-net-worth individuals, the cost of living is steep, construction is dense, and tax author
On balance.
Choosing between Monaco and Marbella largely depends on your priorities. If your main concern is tax, Monaco is the way to go. However, Marbella wins out if you value quality of life and lower living costs. Real estate prices reflect this difference: in Monaco, prices can reach up to €60,000/m2, while in Marbella, a high price would be around €20,000/m2. For example, with €3 million, you could buy a 50m2 studio in Monaco. In contrast, the same amount in Marbella could buy a 150m2 penthouse in the prestigious Golden Mile area or a modern villa measuring 250-300m2.
In the end, taxation is the only factor to consider when choosing between Marbella and Monaco. Besides that, the Spanish coastal town outperforms Monaco in all aspects, such as weather, affordability, spaciousness, and overall quality of life.
Marbella Spots to Suit different Lifestyles.
The term “Marbella way of life” encompasses various lifestyles experienced in different residential zones and settings available in the area. Below are some of the primary living options offered by Marbella.
Elegant Beachside Living on the Golden Mile.
The Golden Mile is the most prestigious address in Marbella, with a palm tree-lined avenue connecting Marbella town and Puerto Banús. The beachfront side boasts luxurious private villas and estates, some with direct beach access, trendy seafood restaurants, chiringuito bars, and beach clubs.
Properties here are among Marbella’s finest, emanating from the iconic Marbella Club and Puente Romano resort hotels and representing Marbella’s glamour and luxury. Due to high demand and limited supply, prices regularly exceed €40,000/m2.
Life on the Golden Mile beach.
Living by the beach, where waves caress sandy shores, is a recipe for a good life. It becomes even better when the weather is warm, sunlit, and blessed with sunsets that awaken you. The Golden Mile, the renowned palm-lined boulevard that connects Marbella town and Puerto Banús, offers all this and more. The area is surrounded by greenery, boasts stunning mountain vistas, and is dotted with exclusive residential areas and iconic resorts, making it the ultimate destination for a privileged lifestyle.
The primary attraction in this area, which boasts millionaire’s rows of seaside mansions and penthouses, is undoubtedly the most exclusive beach in Marbella. The Marbella Club Hotel, where it all began, and its sister hotel, the Puente Romano, which has since evolved into a resort nestled in a park-like setting, are the two shining stars on the Golden Mile’s beachfront. Guests can indulge in deluxe amenities such as a spa, fine dining, a tennis club, and other beachside pleasures, making it the ultimate destination for those seeking luxury.
The Golden Mile boasts several sophisticated beach venues, including the five-star deluxe MC Beach, a classic yet stylish seaside venue, the stylishly relaxed La Concha, and the timeless refinement of the Sea Grill. The Chiringuito Puente Romano is another popular spot known for its chic ambience, exceptional cuisine, and impeccable service. While strolling or cycling along the coastal pathway linking Marbella and Puerto Banús, visitors can also discover charming chiringuito bars and luxurious beach and pool clubs, further enhancing the area’s appeal.
One of the most intriguing spots along the coast is Trocadero Playa, a restaurant on the sandy shores that perfectly blends fine dining and a laid-back beach atmosphere. Another iconic venue, Victor’s Beach, has been a beloved Marbella destination for years, despite its humble and unassuming appearance. Moving further east, towards the Don Pepe Hotel and Marbella town, the elegant Cappuccino café and eatery is a must-visit spot that will catch your eye.
Besaya Beach, an upscale destination by the shore, lies on the opposite end of Puerto Banús, almost brushing against the sand. Along the beaches of the Golden Mile, where the atmosphere is exclusive and tranquil, you won’t find hordes of sunbathers but paddle boarders navigating their way through jet skis and offshore yachts.
This peaceful section of the Marbella coastline can become the backdrop for unforgettable summer parties. Such celebrations have been a cherished tradition since the 1950s and are integral to beach life on Marbella’s Golden Mile.
Family life in Nueva Andalucía.
Nestled in a spacious valley inland from Puerto Banús, Nueva Andalucía is Marbella’s largest suburb and a sought-after residential destination for families. This owes to its tree-lined suburban avenues, opulent family villas and apartments, the plethora of shopping and dining options, educational and sports amenities, and the added advantage of being intersected by some of the area’s premier golf courses.
As Nueva Andalucía is known, the Golf Valley is home to several excellent golf courses, including Las Brisas, Aloha, Los Naranjos, and Magna Marbella Golf, a nine-hole course favoured by golf enthusiasts seeking to practice or squeeze in a quick round amid their hectic routines. This nickname aptly describes the family-friendly nature of this region, making it the ultimate residential destination in the area.
El Madroñal country chic
Adjacent to La Zagaleta is another exclusive gated community known as El Madroñal. While sharing similar natural surroundings and views, El Madroñal distinguishes itself through its larger plots and expansive villas that exude a country feel while still being just a short ride from Marbella town and the region’s beaches. Golf clubs are located nearby, but upon entering the gates, the abundant natural beauty of Andalusia takes over, and the large, luxurious villas embody the independent country chic lifestyle just moments away from the action.
La Zagaleta country club
La Zagaleta is Europe’s top country club, offering exclusive access to its gated entrance, five-star concierge services, advanced horse-riding centre, stables, two green golf courses, and refined clubhouse and restaurant, exclusively for its residents and guests. While Golden Mile living is associated with sophistication, luxury, and glamour, La Zagaleta emphasizes privacy and discretion while offering access to the world’s finest amenities. The club’s location amid hectares of stunning countryside enhances its allure.
LuxuryForSale.Properties Real Estate.
LuxuryForSale.Properties takes a personalized and tailored approach to real estate, focusing on the client’s needs rather than a fixed business structure, allowing smoother and more effective services. The agency does not prioritize pushing a set of properties but instead focuses on delivering results. Although LuxuryForSale.Properties has a high-quality selection of luxury Marbella properties, the agency will go beyond these parameters to find the perfect home for each client.
When it comes to helping potential homebuyer find their dream property, LuxuryForSale.Properties views it as a consulting task rather than a sales one. He adds that this reflects an important difference in philosophy and approach. The agency regards itself as a home finder brokerage service, which is the basic definition of a real estate agent. While the agency works on homeowners’ instructions to market and sells their properties, they are happy to go the extra mile to find a home that matches a client’s specific requirements.
Instead of a traditional sales-oriented real estate office, our workspace exudes the style and welcoming ambiance of an architectural bureau or design studio. This reflects their desire to work in a professional yet attractive, pleasant, and creative atmosphere. Our goal is for clients to feel personally attended to by professional, knowledgeable, and committed agents who strive to do their best on their behalf.
Thanks to our reputation, LuxuryForSale.Properties is privileged to represent some of the finest apartments, penthouses, mansions, and villas for sale on the Golden Mile. These properties range from modern to classic, compact to expansive, and from beachside estates to other unique settings. We dedicate a special section of our website to this highly desirable Marbella address, conveniently located between Marbella town and Puerto Banús, with Nueva Andalucía’s Golf Valley nearby.
