Marbella is a world-renowned destination on Spain’s Costa del Sol, attracting buyers from across the globe with its idyllic climate, luxurious lifestyle, and stunning properties. Whether you’re looking for a holiday home, an investment property, or a permanent residence, the Marbella area offers a diverse range of locations and property types to suit all tastes and budgets. In this guide, we’ll explore the top areas to buy property in and around Marbella, including Marbella East, The Golden Mile, Nueva Andalucía, La Quinta, and The New Golden Mile.

1. Marbella East

Marbella East is a vibrant, quieter alternative to the city center, offering stunning beaches, golf resorts, and a mix of exclusive urbanizations. This area includes popular neighborhoods such as Elviria, Los Monteros, and Las Chapas.

  • Property Type: You’ll find everything from luxury villas with sea views to modern apartments in secure complexes. Beachfront villas and penthouses are in high demand here.
  • Price Range: Marbella East offers a range of properties that can accommodate various budgets. Areas like Los Monteros are home to premium beachfront villas, while other neighborhoods offer more affordable apartments and family homes.
  • Investment Value: This area offers excellent value for money, combining stunning natural surroundings with proximity to Marbella’s amenities. Whether you’re looking for a holiday retreat or a year-round residence, the variety of property types makes it a flexible option for different buyers.

2. The Golden Mile

The Golden Mile is perhaps Marbella’s most prestigious and iconic area, stretching from the western edge of Marbella to Puerto Banús. It is known for its luxurious lifestyle, elite clientele, and high-end properties.

  • Property Type: You can expect to find sprawling luxury villas, palatial estates, and high-end apartments. Many properties offer beautiful Mediterranean views and are within walking distance of Marbella’s top beach clubs and five-star hotels.
  • Price Range: The Golden Mile is a high-end market, with properties ranging from €1 million for a luxury apartment to €10 million+ for a mansion in exclusive gated communities like Sierra Blanca.
  • Investment Value: With its iconic reputation and prime location, properties on the Golden Mile consistently hold and increase their value, making it a prime area for those seeking both a luxury lifestyle and a solid real estate investment.

3. Nueva Andalucía

Located just behind Puerto Banús, Nueva Andalucía is a popular residential area known as the “Golf Valley” due to its proximity to several world-class golf courses, such as Las Brisas, Los Naranjos, and Aloha.

  • Property Type: The area offers a wide variety of property options, from modern apartments and townhouses to large villas, many of which are located within gated communities. It’s ideal for families and golf lovers.
  • Price Range: Property prices in Nueva Andalucía vary greatly. Apartments can start around €400,000, while villas can reach several million euros, particularly those overlooking the golf courses.
  • Investment Value: Nueva Andalucía offers a balanced mix of lifestyle, location, and investment potential. The area remains one of the most sought-after places for both permanent residents and holiday homeowners, ensuring strong rental demand and long-term growth.

4. La Quinta

Located slightly inland but still close to the hustle and bustle of Marbella and Puerto Banús, La Quinta is a peaceful, upscale area popular with families, retirees, and golf enthusiasts. It’s home to the La Quinta Golf & Country Club, making it a hotspot for golfers.

  • Property Type: You’ll find contemporary villas, spacious townhouses, and modern apartments, many with panoramic views of the golf courses, mountains, or the sea.
  • Price Range: Properties in La Quinta tend to be slightly more accessible than Nueva Andalucía and the Golden Mile, with apartments starting from €350,000 and villas typically ranging from €1.8 million upwards.
  • Investment Value: With its combination of tranquility, high-end living, and proximity to Marbella’s amenities, La Quinta offers excellent long-term value. Properties here are attractive to buyers seeking a serene lifestyle while still being close to the vibrant coast.

5. The New Golden Mile

The New Golden Mile stretches along the coast from San Pedro de Alcántara to Estepona. This rapidly developing area has grown in popularity due to its modern infrastructure, beachfront developments, and more affordable prices compared to central Marbella.

  • Property Type: The area boasts luxury beachfront apartments, contemporary villas, and gated communities. It’s particularly attractive for those looking for modern new builds with sea views.
  • Price Range: The New Golden Mile offers attractive value for money compared to Marbella’s more established neighborhoods. Apartments can start from around €350,000, while villas range from €800,000 to €4 million.
  • Investment Value: As a developing area, the New Golden Mile offers exciting growth potential. Buyers here benefit from modern amenities and beautiful beachfront locations while enjoying prices that are still more competitive than central Marbella.

Conclusion

Whether you’re seeking the exclusivity of The Golden Mile, the tranquil golf lifestyle of La Quinta, or the up-and-coming areas like The New Golden Mile, there’s something for everyone in and around Marbella. Prices vary widely depending on location, property type, and proximity to the beach or golf courses. For those looking for great value with the Marbella lifestyle, areas like Marbella East and Nueva Andalucía offer diverse options. Meanwhile, The Golden Mile and La Quinta cater to those seeking the ultimate luxury and lifestyle.

Each area provides unique benefits, ensuring that no matter your preference or budget, Marbella has something to offer. With strong demand and increasing property values, investing in this part of the Costa del Sol is a decision that will likely pay dividends for years to come.

Written by Bas de Boer

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