Buying property in Marbella & the Golden Mile.
The famous name carries its own premium. I’ll tell you street by street when it’s earned — and when Benahavís quietly beats it.
The coast’s most famous name, old town to marina.
Marbella is the coast’s benchmark for prime — €5,956/m² across the municipality in August 2026 — but that one number hides a spread of nearly two to one. Nagüeles and the Golden Mile ask €8,336/m². San Pedro de Alcántara, inside the same municipality, asks €4,600. The table below is the whole breakdown, district by district, so you can see which Marbella you are actually pricing before you start looking.
Málaga airport (AGP) 35–50 minutes west. See it in context on the Costa del Sol Map, or read the town-by-town numbers below.
District figures are idealista asking prices for August 2026, one snapshot, so the rows compare like with like. Benahavís is a separate municipality on the 2026 average. Asking is not achieved — budget a further 10–11% in buying costs on a resale.
Districts, in full.
A region page is the overview. These go a level down — one district at a time, with its own price line, its own trade-offs and what each rung of the ladder actually buys.
Nueva Andalucía · Aug 2026 €/m²
Marbella’s Golf Valley — three championship courses in one inland bowl, five minutes behind Puerto Banús, and priced above the town it belongs to.
San Pedro · Aug 2026 €/m²
The real town at the western end of Marbella, with a boulevard, a church square, a Thursday market and a beach, seven minutes from Puerto Banús and a quarter cheaper per square metre than the Golf Valley next door.
Nagüeles · Aug 2026 €/m²
The stretch between Marbella town and Puerto Banús: the beach and the grand hotels on the Golden Mile, gated communities and villas on the hill behind, and the highest price per square metre in Marbella.
Río Real · Aug 2026 €/m²
The east side of Marbella, from the beach at Los Monteros, past the public hospital and two golf courses, to the new building on the hill above. Seven new developments, from €458,000.
Las Chapas · Aug 2026 €/m²
The east of Marbella beyond Los Monteros: villas on the hills of El Rosario above the A-7, and below it the beach at Las Chapas, where one new development is going up beside the dunes.
Elviria · Aug 2026 €/m²
The eastern end of Marbella, from the hillside urbanisations of Elviria around Santa María golf to the marina, the golf course and the protected dunes at Cabopino. The closest part of Marbella to Málaga airport.
Benahavís · 2026 avg €/m²
A white village up the Guadalmina valley, and the estates and golf courses in the hills around it. New homes on file from €395,000 in the village to €11,300,000 in El Madroñal, and an average about 9% under Marbella’s per square metre.
lowest asking price on file
A gated estate of large plots in the hills of Benahavís above San Pedro, with security around the clock and the sea in view. Eight villas on file, from €2,550,000 to €11,300,000.
lowest starting price on file
The slope around the 27-hole La Quinta golf course, on the Benahavís side of the Golf Valley, ten minutes from Puerto Banús. New apartments, a townhouse, a penthouse and a villa on file, from €1,550,000 to €5,195,000.
New developments in Marbella and the surrounding area.
Off-plan and newly finished apartments here, each one researched and assessed the same way as every property I work on.
Benahavís · Monte Mayor
Five bedroom homes · Under construction
Benahavís · Calle Fuente de Lirios
Two and three bedroom apartments · Under construction
Benahavís · Paraíso Alto
Six bedroom villa · Complete
Benahavís · Señorío de Cifuentes
Two and three bedroom apartments · Complete
Benahavís · La Alquería
Five bedroom villa · Planning phase
Benahavís · Los Almendros
Two and three bedroom apartments · Planning phase
Benahavís · La Reserva de Alcuzcuz
One, two and three bedroom apartments · Under construction
Benahavís · El Madroñal
Six bedroom homes · Under construction
Benahavís · El Madroñal
Six bedroom homes · Complete
Benahavís · La Alborada
Two, three, four, five and six bedroom homes · Under construction
Benahavís · La Quinta
Three and four bedroom apartments · Complete
Marbella · Guadalmina Alta
Two to four bedroom apartments · Under construction
Marbella · San Pedro de Alcántara
Five bedroom villa · Under construction
Marbella · San Pedro de Alcántara
Two to six bedroom homes · Planning phase
Marbella · San Pedro de Alcántara
Three bedroom apartments · Under construction
Marbella · San Pedro de Alcántara
Two to four bedroom apartments · Under construction
Marbella · San Pedro de Alcántara
Four and five bedroom homes · Complete
Marbella · San Pedro Alcántara
One, two and three bedroom apartments · Under construction
Marbella · San Pedro Alcántara
One, two and three bedroom apartments · Under construction
Marbella · Nueva Andalucía
Two, three and four bedroom apartments · Complete
Marbella · San Pedro de Alcántara
Four bedroom homes · Under construction
Marbella · San Pedro de Alcántara
Four bedroom homes · Planning phase
Marbella · Nueva Andalucía
Two bedroom apartments · Complete
Marbella · Nueva Andalucía
Two, three and four bedroom apartments · Under construction
Marbella · Los Pinos de Aloha
Two and three bedroom apartments · Under construction
Istán · Cerros del Lago
Two and three bedroom apartments · Under construction
Istán · Cerros del Lago
Three bedroom homes · Under construction
Marbella · Golden Mile
Three and four bedroom apartments · Complete
Marbella · Valdeolletas
Four bedroom homes · Under construction
Marbella · Río Real
Two and three bedroom apartments · Planning phase
Marbella · Los Monteros
Two, three and four bedroom apartments · Under construction
Marbella · Altos de los Monteros
Two and three bedroom apartments · Complete
Marbella · Altos de los Monteros
Two and three bedroom apartments · Planning phase
Marbella · Altos de los Monteros
One, two and three bedroom apartments · Under construction
Marbella · Los Monteros
Two, three and four bedroom homes · Under construction
Marbella · Los Monteros
Three bedroom apartments · Complete
Marbella · Las Chapas
Three and four bedroom homes · Under construction
Marbella · Elviria
Two and three bedroom apartments · Under construction
Marbella · Elviria
Three bedroom homes · Planning phase
Marbella · Elviria
Three bedroom homes · Planning phase
Marbella · Elviria
Two and three bedroom apartments · Under construction
Marbella · Cabopino
Three bedroom apartments · Under construction
Marbella · Cabopino
Three bedroom apartments · Complete
Marbella · Cabopino
Three and four bedroom apartments · Under construction
Luxury homes for sale in Marbella and Benahavís.
The higher-value villas and apartments for sale here, with the price, the rooms and the size of each. Every one has its own page with the photographs, the running costs and where it is.
Two questions about new builds in Marbella and the surrounding area
Are there new-build penthouses in and around Marbella?
Yes. 20 of the 44 developments here have penthouses on the developers’ current lists, 64 in all. The cheapest is a two-bedroom penthouse of 126 m² with a terrace of 64 m² at Be Aloha, €500,000.
What does a three-bedroom new build cost in and around Marbella?
Across the 185 three-bedroom homes on the developers’ current lists, the middle size is about 144 m² built and the middle price is €990,000. The cheapest is a three-bedroom ground-floor apartment of 113 m² at Armonía, €473,000.
What I actually know about Marbella
- Marbella averages €5,956/m² across the whole municipality (idealista, August 2026).
- Idealista splits Marbella into seven districts. Only two of them — Nagüeles · Milla de Oro and Nueva Andalucía — sit above the municipal average.
- Nagüeles · Milla de Oro is the dearest district at €8,336/m²; San Pedro de Alcántara the cheapest at €4,600/m² — a spread of about 1.8 to 1 inside one town.
- Nueva Andalucía, the Golf Valley behind Puerto Banús, averages €6,239/m² — about 5% above Marbella as a whole.
- Marbella Pueblo, the old town itself, averages €5,170/m² — below the municipal average, and the one district you can live in without a car.
- Benahavís is a separate municipality in the hills behind Marbella, averaging €5,413/m² (2026).
- The Golden Mile runs between Marbella town and Puerto Banús.
- 35–50 minutes from Málaga airport.
- There is no railway in Marbella. Coaches from the airport take about 40 minutes, and a coastal line is still at the study stage.
- Marbella’s council approved a new general plan on 18 September 2026 to replace the plan of 1986, and it sets the rules for building a villa on a plot there.
- The Hospital Costa del Sol, east of Marbella town, is the public general hospital for the western half of the coast, with a 24-hour emergency department.
11 local facts on file — no brochure talk.
Updated 24 October 2026.
Worth your time in Marbella.
Old-town charm and five-star polish, a few minutes apart.
- Casco Antiguo — orange trees and whitewashed lanes around Plaza de los Naranjos.
- Puerto Banús — yachts, boutiques and people-watching.
- Puente Romano and the Marbella Club — the Golden Mile’s grand hotel gardens.
- San Pedro’s beachfront promenade, quieter and more local.
Looking for a buyer’s agent in Marbella?
That is what I do. I’m Michael from Lunessa Homes — a British buyer’s agent living in Málaga, fluent in Spanish, working on the buyer’s side of the search. One client at a time, and Marbella sits inside the stretch of coast I cover, Estepona to Nerja.
- Viewings you don’t have to fly for. I walk Marbella myself and report back straight — including the places that aren’t worth your trip.
- A viewing trip planned around real distances. Málaga airport (AGP) 35–50 minutes west, so a day of viewings is built around how this coast actually moves.
- A price sense you can hold me to. Marbella · Aug 2026 €/m² is €5,956. When an asking price ignores that, I’ll tell you.
- The parts that trip people up. The NIE, the lawyer, the bank, the paperwork in Spanish — handled alongside the search, not left to you afterwards.
Two related pages: buying a property to renovate in Marbella, and selling a home here.
Looking for property in Spain? Avoid These 5 Costly Mistakes.
Honest, dated explainers for foreign buyers — the kind of thing I’d tell you on the first call. No hype, no hard sell.
More of the coast.
AGP → 25–35 min
A working coastal town, lively year-round
AGP → 55–70 min
A fast-changing old town with a walkable centre
AGP → 12–18 min
Twin resort towns with a marina and a long promenade
AGP → 15 min
A real Spanish city, not just a resort
Thinking about Marbella?
Tell me what you’re picturing and your budget — if another stretch of coast fits better, you’ll hear that on the first call.
Thanks for reaching out.
I’ll be in touch shortly — usually the same day.