The 10 best areas in Marbella to buy your new home (2023)

The 10 best areas in Marbella to invest in your new home

The 10 best areas in Marbella to invest in your new home. Image - bartowski/shutterstock

Marbella, in Spain’s Costa del Sol, with its sun-drenched Moorish architecture and miles of stunning coastline, is incredibly popular amongst property investors. Whether you’re looking for a second home in the sun or want to invest in a property you can spruce up and rent out – making the most of Marbella’s voracious tourism industry – property investment in this part of Spain has proven to generate a great return. 

With this in mind, you might be wondering about the best areas in Marbella to invest in your new home. You’d be hard pushed to find somewhere in the glamorous resort town that wasn’t a good option for property investment, but for a more in-depth consideration of your options, we’ve compiled a list of the 10 best areas in Marbella to invest in your new home.


Estate agents in Marbella to help you invest in your new home

Our recommendation

Aqua Estates

Buying a property in a foreign country can be exciting, but contending with another language and finding a reliable estate agency can be overwhelming and unsettling. The multinational team at Aqua Estates have worked in the property field in various capacities, from independent agencies to corporate management, and the company is a renowned estate agency in the prestigious area of Marbella and across the Costa del Sol.

Offering a fresh approach by combining innovative technology and traditional values, Aqua Estates offer a full range of properties in all price ranges, including beautiful apartments, incredible new builds, stunning townhouses, commercial units, plots and luxury villas. Their philosophy is honesty and transparency while guiding you through the whole buying journey to find your dream home in this most sought-after area on the coast of Spain.

Their real estate network on the Costa del Sol expands to hundreds of collaborators and a wide range of exclusive quality listings, ensuring an enjoyable and personal buying process – the way it should be when starting your new life in the sun! Their services include the best legal options on the Costa del Sol from their trusted lawyers and mortgage lenders, currency exchange at great rates, airport transfers for those all-important viewings, recommendations on hotels for your stay, and much more.

Aqua Estates can also offer you a huge range of important after-sales services to design your property exactly to your tastes. From painters and decorators to gardeners and pool maintenance, interior designers to electricians, architects and builders, this is your dedicated agency to create the home – and life – you have always dreamed of on the stunning Costa del Sol.

Their many returning customers and thousands of positive reviews speak for themselves, you can trust the friendly and attentive team to listen to your needs and requirements and find you the best property investment for your budget.

Visit their offices, strategically located close to Puerto Banús, in the heart of Nueva Andalucia: Avenida de los Girasoles 102, Marbella, 29660

Languages: English, Spanish, French, Italian, German and Swedish

Website: Click here

Telephone: (+34) 951 279 401

Email: info@aquaestates.com

Facebook: Click here


The best areas in Marbella to invest in your new home

1. Marbella’s Golden Mile

Marbella’s Golden Mile is one of the most luxurious areas along the western coast – if the name didn’t already give it away – and a great option for investing in property. Stretching between Puerto Banus and central Marbella, it’s famed for its iconic architecture (such as the Marbella Mosque), prestigious properties and palm-lined seaside avenue.

Just 0ver 30 minutes drive from Malaga airport and next door to the equally invigorating town of Puerto Banus, you can see why many people choose Marbella’s Golden Mile to invest in a property. If you fancy enjoying oceanic views from your own home, or perhaps whilst strolling around your own private grounds, there are properties here aplenty to suit your needs.

With Golden Mile luxury however comes the golden price tag, and property prices here tend to start at around €2 million.

Image - AlexeMarcel/shutterstock
Image – AlexeMarcel/shutterstock

2. Nueva Andalucia

The exclusive neighbourhood of Nueva Andalucia is a true gem on the Costa del Sol, situated within walking distance of the impressive and luxurious Puerto Banus. Set against the breathtaking backdrop of the La Concha mountain range and boasting a plethora of well-established and highly esteemed golf courses, it has all of the amenities and facilities of a small town whilst technically classed as a residential area.

A scenic stroll-through will provide views of sumptuously opulent villas and apartments interspersed amongst gorgeous greenery and well-kept gardens, and if that isn’t enough to delight your visual senses, its elevated position also offers a magnificent Mediterranean seascape upon which you can gaze out majestically.

Just a 10-minute drive from Marbella and San Pedro de Alcantara, this residential area contains everything you’d need from hairdressers to gymnasiums, and restaurants and casinos. The neighbourhood’s main entrance is situated just behind the monumental bullring, the first sign of authentic Andalucian architecture that you’ll find scattered throughout.

Property sales on the Costa del Sol are currently booming, meaning investing in a new home in Nueva Andalucia is likely to generate an excellent return. An apartment in this area of Marbella is likely to cost around €1,3000,000, villas will cost around €3-4,000,000, and penthouses range anywhere between  €700,000 and €9,500,000 depending on size.

Image - Nueva Andalucia: Nick Stubbs/shutterstock
Image – Nueva Andalucia: Nick Stubbs/shutterstock

3. San Pedro de Alcantara

Once an ancient farming community famous for its sugar cane production, this thriving resort has plenty of things to occupy and satisfy all ages, making it a particularly popular area for families moving to Spain.

There has also been a lot of new construction with brand-new homes being built in the area, making it a great place to invest in property, however, this town is still refreshingly unspoilt by commercial centres and the raucous nightlife you might find in bigger towns along the Costa del Sol. That being said, it’s a mere 6 miles away from the centre of Marbella should you tire of San Pedro de Alcantara’s intriguing shops and charming sidewalk cafes and want to explore further afield.

The average property price in San Pedro is around €1.4 million and the areas with the lowest prices in San Pedro de Alcántara are San Pedro Pueblo and Guadalmina Alta, with an average price of between €350,000 and €1 million, respectively.

Image - San Pedro de Alcantara: shutterstock/Interfocus_Photography
Image – San Pedro de Alcantara: shutterstock/Interfocus_Photography

4. La Quinta

Only 15 minutes from Marbella’s vibrant social scene and buzzing nightlife, La Quinta is a wonderfully unique and natural area in Marbella, famed for its highly esteemed golf resorts (of which there are plenty) and its picturesque location in a rolling scenic valley. Graced with a gorgeous backdrop of the Sierra Blanca mountain range and panoramic sea views, the only thing that’ll persuade you away from your leisurely activities is the opportunity to relax in your own prime property and enjoy the idyllic surroundings.

An apartment in the attractive countryside area of La Quinta is likely to start at around but can go up to around €1,250,000 depending on size and number of rooms.

Image - Artur Bogacki/shutterstock
Image – Artur Bogacki/shutterstock

5. Benahavis

Stretching from the coast to the mountains between the two municipalities of Marbella and Estepona, the tranquil village of Benahavis is a true hidden treasure in Andalucia that has kept its traditional feel and has gained popularity, particularly amongst foreign people wanting to move to Spain.

One of the most beautiful villages on the Costa del Sol, Benahavis boasts amazing golf courses, plenty of places to eat, stunning scenery, beautiful weather and fantastic properties all in a privileged location – making it the perfect location for those thinking of investing in their new home in Marbella.

Easy access is another huge benefit of investing in property in Benahavis. The marvellous mountain village can be reached from various airports. The nearest airport is the North Front Airport in Gibraltar which is just 31 miles away. Other airports nearby include the Malaga International Airport 32 miles away and the Jerez Airport 58 miles away.

As a highly sought-after area for property investors, a villa can be on the higher end of the price scale, likely to cost you around €3,000,000, whereas apartments tend to be slightly more reasonable at around €450,000.

Image - Benahavis: Grisha Bruev/shutterstock
Image – Benahavis: Grisha Bruev/shutterstock

6. Las Brisas

Just 10 minutes away from central Marbella and barely more than five minutes from Puerto Banus’ beaches and amenities, Las Brisas is located slightly inland and is another perfect spot for golf lovers. At the heart of the luxurious area of Nueva Andalucia, Las Brisas boasts exclusive villas and apartments ready to be snapped up by property investors looking for luxury and opulence in a peaceful environment.

Although mostly quite a residential area, Las Brisas is ideally located near beautiful beaches, handy shops, and international schools for your kids – making it great for families. There are more restaurants and eateries than you can shake a stick at and if you fancy getting your boots on and embracing nature there are hiking and bike trails aplenty. Life here will surely feel like a breeze, especially once you’ve found your perfect property.

Again, as is often the case, with luxury comes a notable price tag, a villa here is likely to cost you around €2,000,000 on the lower end of the scale, but expect to pay anywhere up to around €9,000,000.

Image - AlviseZiche/shutterstock
Image – AlviseZiche/shutterstock

7. New Golden Mile

This area of Marbella is a portion of the captivating coastline which stretches between San Pedro Alcantara and Estepona. As the name would suggest, Marbella’s New Golden Mile was recently developed in the early 2000s, during Spain’s property boom. It is Estepona’s answer to Marbella’s original Golden Mile and it certainly does not disappoint on the luxury front, especially when it comes to desirable real estate and envy-inducing housing developments.

Although it is one of the newest developments in Marbella, in the last couple of decades, the New Golden Mile has quickly become one of the most talked about areas for property investment in Spain, in part due to its plethora of every kind of amenity you could need. From international supermarkets to luxury shopping boutiques, it’s got it all. Of course, as it would be a shame not to make use of the rolling green countryside in this part of the country, the New Golden Mile joins its neighbours in boasting impressive golf resorts such as El Paraiso, Valle Romano and Talaya.

Property prices here can vary quite a lot depending on size. If you’re looking for an apartment, there are some available at around €400,000, whereas a house is more likely to cost around €4,000,000

Image - Viktoriyani/shutterstock
Image – Viktoriyani/shutterstock

8. Puerto Banus

The prestigious area of Puerto Banus has a lot to offer with regard to high-end shops, boutiques, restaurants, eateries and bars. Of course, we have to mention it’s port docked with impressively grandiose yachts from which this area of Marbella takes its name.

Puerto Banus is a popular area for couples and retirees and is one of the best-known nautical and tourist destinations in the world. Being one of the most exclusive postcodes in Spain, it’s no surprise that you can sell your property here for a large sum, making it a fabulous choice for property investors.

The average property price in Puerto Banus starts from €1 million, with some luxury villas and houses selling for over €16 million.

Image - Vladimir Sazonov/shutterstock
Image – Vladimir Sazonov/shutterstock

9. El Madroñal

El Madroñal is somewhat of an exclusive hidden gem nestled amongst Marbella’s luscious greenery in the foothills of the Sierra de la Nieves Natural Park. Perfect for nature lovers, this area of Marbella offers incredible views of the Guadaiza River valley.  As well as the madrone trees, for which the area earned its pastoral name, El Madroñal also enjoys forests of pines, cork oaks and aromatic shrubs.

Glowing golden in autumn and presenting pastels aplenty during the spring season, this area is popular with both property investors yearning for a relaxed and tranquil lifestyle, as well as curious wildlife dotted across the picturesque landscape. You’d be forgiven for mistaking El Madroñal for a scene from a Clausen painting.

Another benefit to this pastoral paradise is its close proximity to Puerto Banus, which can be driven to in just over 10 minutes, and central Marbella which can be reached in less than half an hour. Malaga is the nearest airport, around 45 minutes drive away.

They say you can’t put a price on happiness, but if you were going to give it a shot, expect to pay around €6,000,000 for a villa in el Madroñal, although prices can vary depending on size and surroundings.

Image - Megpixeles.es/shutterstock
Image – Megpixeles.es/shutterstock

10. Sierra Blanca

Sierra Blanca, located on sweeping mountain slopes well worth the climb for the marvellous Mediterranean sea view you’ll be presented with at the top, is known for its peace and silence, offering inhabitants a chilled-out, superb quality of life. As one of the most exclusive residential areas in this part of Spain, this is one of the best options if you’re considering investing in a property in Marbella as the property market here is booming.

Properties range from modern to traditional in style, many of which are surrounded by exotic gardens complete with lemon trees and banana trees thriving in the subtropical microclimate, and interspersed with magnificent views.

Close to the centre of Marbella and only a short distance away from schools, shopping centres and breathtaking beaches, Sierra Blanca is perfect for those who want to relax without worrying that they’re banishing the hustle and bustle of city life from their lives forever. It’s also directly on the A7 highway to make traversing between popular Costa del Sol destinations an absolute doddle. The public transport system here is also highly accessible.

A luxury villa in the wonderful area of Sierra Blanca is likely to cost between €4,000,000 and €8,000,000 however prices can vary.

Image - Bartkowski/shutterstock
Image – Bartkowski/shutterstock

Top properties in Marbella from Aqua Estates

Marbella’s Golden Mile

This brand-new boutique project comprising four semi-detached villas is now back on the market! Offering the highest quality finishes externally and internally, this property feels luxurious with its high level of materials and finishes.

Enjoy superb sea views from every level, and incredible unparalleled views from the rooftop solarium. This modern home offers high ceilings, an abundance of natural daylight due to the large wrap-around terrace doors and windows, and a spacious open-plan living area with a modern fully fitted kitchen, dining and
entertaining, and guest toilet altogether.

Outside, enjoy a nice size rear terrace, a useable garden area, outdoor seating and an entertaining area enjoying the sun and shaded areas and plunge pool. The master bedroom has an ensuite bathroom with bedrooms two and three then sharing the main bathroom. Front and rear terrace areas off the bedrooms can then be enjoyed here.

The rooftop solarium then adds to the fourth level of the home which offers panoramic sea and La Concha views showcasing the best views to offer on any home on the market currently.

Take a look at the property here

Invest in home marbella
4 Bed New Development For Sale. Image – Aqua Estates

Nueva Andalucia

This centrally located six-bedroom villa in the heart of Nueva Andalucia is only a few minutes walk to Puerto Banus and its surrounding beaches. The property is set on a good size plot with a private pool, garden and carport for 2 cars.

The villa is distributed over 2 floors, the entrance level includes an ample living and dining area with an open plan kitchen, guest toilet and a spacious laundry room with plenty of storage. On this level, we also have two bedrooms and a bathroom.

Downstairs there is a secondary living room and four more bedrooms, two of which are en-suite. One of them also offers direct access from the outside of the villa. There is also a roof terrace with stunning mountain views, and the property offers several possibilities for expansion if you desire.

Take a look at the property here

invest in home Marbella
6 Bed Villa For Sale. Image – Aqua Estates

San Pedro de Alcantara

Extremely private and highly exclusive, the complex is comprised of 10 luxury villas and is situated between the azure Mediterranean Sea and San Pedro’s brand-new pedestrian boulevard. It is the perfect property for professionals and families seeking a statement home which is only a matter of minutes from Marbella and just 30 minutes from Malaga airport.

The property boasts premium finishes such as high-quality marble floors throughout and lacquered interior carpentry further which enhance the sense of light and space and add to the sense of luxury. The master bedrooms have deluxe en-suite marble bathrooms with double basins and walk-in wardrobes. All 4 bedrooms have access to a spectacular roof terrace and a private plunge pool.

Each home is well appointed with a wide range of features designed to ensure comfort and convenience, including a large basement (suitable for a home cinema, family room, gym or an extra bedroom), air conditioning, underfloor heating in the master bathroom, pre-installation for fingerprint controlled smart home technology, video entry phone, store rooms, a subterranean double garage and a private lift from the ground floor to the roof terrace.

Take a look at the property here

invest in home Marbella
4 Bed Villa For Sale. Image – Aqua Estates

La Quinta

This sustainable luxury development is comprised of 18 individually designed villas situated in the 200-hectare country club estate of Real de La Quinta. Surrounded by magnificent countryside which borders a UNESCO Biosphere reserve, the villas are just 15 minutes from Marbella. The views, towards the Mediterranean Sea, the Straits of Gibraltar and the coastline of Africa beyond, are simply breathtaking.

These design-led homes will be quite unlike anything that has gone before. All of the 18 villas, as well as the furniture and fittings in them, vary in style. The commonality they share, aside from the marvellous views, is that all are of the highest standard of design and all display a level of innovation and creativity rarely found in residential developments. The domotics and general illumination are world-class, making each villa a truly smart home. All of the villas are positioned for maximum privacy on individual plots and have large terraces, ample gardens, true infinity pools and bespoke spaces that can be used for entertainment rooms, gyms and home offices.

Take a look at the property here

invest in home Marbella
4 Bed Villa For Sale. Image – Aqua Estates

Los Almendros, Benahavis

This semi-detached villa is located in the hills of Benahavis, at the top of the Puerto del Almendro area. The property features great panoramic sea views, spacious living and all-day sun due to its southwest orientation.

Set in a secure small gated community of only 16 houses, this property would make an ideal home. Offering air conditioning throughout, underfloor heating in the living room, kitchen and bathrooms and a spacious private outdoor wrap-around garden. The property also has a large carport and extra parking outside.

Take a look at the property here

invest in home Marbella
3 Bed For Sale. Image – Aqua Estates

Las Brisas

Exclusive contemporary villa situated in the heart of the popular las Brisas area in the golf valley in Nueva Andalucia. This property spares no luxury including a 65m2 pool, private glass lift, spacious living, and much more. Built over 3 levels, the property consists of a large 2 bedroom guest apartment on the ground floor, a garage, laundry room, bodega, bbq area and various other rooms.

On the first floor, there is a very spacious living and dining room, a modern kitchen with great views, one bedroom and one bathroom, all leading out onto an ample terrace area. On the top floor, we find another large guest suite and a fabulous master bedroom with sea and mountain views. All levels are accessible by interior and exterior staircases and a private glass lift. A truly unique property in a superb location.

Take a look at the property here

invest in home Marbella
5 Bed Villa For Sale. Image – Aqua Estates

Benamara, Estepona

A beachside Andalucian dream just a few metres from the Mediterranean sea. This charming south-facing semi-detached villa, located in the Benamara urbanisation in Estepona, is only a few minutes drive away from San Pedro de Alcantara.

The property features a very ample private garden of 781 m2 with lush gardens and a private swimming pool with direct access to the beach area. On the ground level of the villa, there is a semi-open plan kitchen, spacious living room and dining area, two bedrooms and two bathrooms, one of them en-suite. The living and dining area leads out onto the terrace area and the well-kept manicured garden.

There is also a separate laundry room and a gardening storage area. On the upper level, we have two spacious bedrooms, both en-suite. One leads out onto a large terrace and the other features a balcony with views out to the lush gardens and beach forested area. A very unique property for full-time living or as a holiday home.

Take a look at the property here

invest in home Marbella
4 Bed Villa For Sale. Image – Aqua Estates

Laguna de Banus, Puerto Banus

A rare opportunity to acquire a luxury apartment in one of the most exclusive developments on the coast. Located on the west side of Puerto Banus, this property has direct private access to the beachfront with the promenade leading to the port and all its amenities and yet set in an oasis of tranquillity and privacy. The complex boasts luxury facilities like an indoor pool, yoga room, gym, outdoor pool, 24-hour security, underground lock-up garage for two cars and visitor parking.

The ample accommodation includes two large suites with complete bathrooms, a large lounge/dining room that opens to the south-facing terrace, and an open-plan kitchen breakfast room with a separate utility room. The terrace overlooks the manicured gardens and has views towards the sea.

invest in home Marbella
Exclusive beachfront development. Image – Aqua Estates

Take a look at the property here

Casares

A beautiful country house situated only a few minutes away from the picturesque village of Casares, occupying just over 2 hectares of land. This hidden gem is offered in perfect condition, featuring lovely country views all around and a traditional Andalucian style and high-quality build. A long private driveway leads you to the fully gated property, and we are met on arrival with a spacious entrance leading into an internal courtyard with cobbled pavements.

Features also include a saltwater swimming pool with panoramic countryside views, high-efficiency aerothermal heating with solar panels, a jacuzzi, fast fibre optic internet connection and much more. All of this is less than 15 minutes drive away from the Casares beaches.

Take a look at the property here

invest in home Marbella
4 Bed For Sale. Image – Aqua Estates

Istan

This property is located in the heart of Sierra de las Nieves, at the foot of La Concha, near the Sierra Blanca Country Club resort, in an environment of unusual natural beauty due to its centuries-old forests, panoramic views of the bay of Marbella and the great reservoir of Istán.

The new urbanisation connects is connected by wide roads with sidewalks, garden areas, parking for guests and rural pedestrian paths that circulate through the forest mass, to relax in contact with nature. This is the first project for sale, made up of 32 exclusive apartments with the best panoramic views in the highest part of the residential area.

All homes have open southwest-facing views towards the bay of Marbella and Gibraltar.

The project is made up of 4 blocks of only three floors of houses in a contemporary “open plan” format but with a rustic aesthetic that integrates into the natural environment that surrounds it. 2 and 3 bedroom apartments and penthouses with solarium with large terraces, community pool with native plant gardens.

It is accessed from the exclusive Marbella residential area of Nueva Andalucía towards the town of Istán, with quick access in ten minutes by car to international schools, the Manolo Santana Tennis Club, the best golf courses, shopping and leisure centres, as well as the incredible beaches of the Golden Mile.

Take a look at the property here

invest in home Marbella
3 Bed New Development For Sale. Image – Aqua Estates

Thank you for reading our guide on The 10 best areas in Marbella to invest in your new home, and don’t forget to check The Euro Weekly News for all your up-to-date local and international news stories, and remember, you can also follow us on Facebook and Instagram.

Image - Annie Dabb
Written by

Annie Dabb

From Newcastle originally, Annie is based in Manchester and is a writer for the Euro Weekly News covering news and features. Got a story you want to share? Then get in touch at editorial@euroweeklynews.com

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