The Spanish luxury property market is booming, attracting foreign investors to the growing number of luxury developments being built across the Costa del Sol.
With its renowned 100 kilometres of coastline, a stunning mountain backdrop, cosmopolitan diversity and the ‘lifestyle’ that comes along with it – why wouldn’t you want to buy your dream home – or second home – here?
Luxury developments across the Costa del Sol cater for all – from a community or village sense of living to pure exclusivity.
There’s also a renewed confidence in the Spanish market since 2014, with historic low prices and cheap financing driving it. This has seen the return of foreign buyers flocking in to snap up some amazing properties – and this is set to grow.
Typically, prime properties are generally sought after in cities such as London or Paris, but Spanish cities offer excellent value for money. Couple that with its lifestyle benefits, excellent infrastructure and communications and a politically stable country, it’s appealing to buyers all over the world. The luxury property market is growing from strength to strength.
Costa del Sol is on the southern coast of Spain. With its many cities all with their own unique features, it caters for all affluent foreign buyers.
How to find the right home
If you don’t know the area, use an estate agent such as The Spanish Estate Agent. As every estate agent has access to all properties on the market, you only need to use one. It also means you don’t have to check multiple websites or visit multiple estate agents in your quest for the perfect property.
The Spanish Estate Agent does everything for you – not only finding the right property for your needs but showing you around the local area and assisting you with arranging your mortgage. It’s a personalised service which sees them assisting in every part of the buying process. They’ll get to know you, your likes and dislikes and what’s important to you – and filter this down to your perfect home and area. After all, buying a luxury home in a foreign country can be daunting – so this service is second to none.
Luxury properties – our top picks
There are a range of luxury properties on the market in the Costa del Sol, suitable for different lifestyles. Check out some of our top picks from eco-living experiences to pure exclusivity:
Higueron West – categorised perfectly as ‘live, work, play’ is a unique eco-living experience. It’s designed around the concept of exceptional quality of life, and its residents make the most of the setting and climate in an innovative eco-community. This development is about sustainability without compromising on luxury, space and privacy. It’s considered as the only development of its kind, with views of the coastline and Mediterranean Sea, landscaped greenery and wellness facilities. It’s designed to meet the needs of work and lifestyle, but also provides a place to relax.
Its also a great location, with easy connections to bus and train services and direct access to main roads. It’s 15 minutes from Malaga airport, ten minutes from Fuengirola and Benalmadena Pueblo (with marinas offering water sports, boating facilities, sailing clubs, restaurants and nightclubs) and 5 minutes from the beach.
The development is 500.000m2 of which 100.000m2 is sustainable green areas. There are walking, jogging and cycling paths and vegetable gardens to grow and share vegetables, salads and herbs. For the outdoorsy, there are outdoor picnic areas and kids play areas. For the pet lovers, there’s ‘pawsome’ park with canine water features and a place to wash and groom your pet.
Prices range from €389,000 (for a 2-bedroom property) to €1,145,000.
Village Verde, La Reserva de Sotogrande
Village Verde is situated in a tranquil parkland setting in the heart of Sotogrande, but within easy reach of Marbella and Gibraltar. Sotogrande is home to the annual Santa Maria polo tournament, a marina offering a range of restaurants and shops and world class golf including Valderrama.
Village Verde – categorised as ‘the perfect village environment’ offers a contemporary community living in an exclusive location – just think village living reimagined in a modern way. It features a wide range of leisure and sports activities – but based on privacy. It also includes exclusive access to La Reserva Club’s sports and leisure activities, such as the golf course and tennis courts and The Beach, a private sandy beach and sports lagoon in the hills. There’s even a shuttle to take you to the club house, so no driving required.
The 18-hectare site includes lush countryside, parklands and woodlands, and there’s a bike trail designed to explore the area. With great year-round weather, this development provides the opportunity to connect with nature. It is a truly stunning place.
Apartments, penthouses and townhouses are built around the village centre, a communal area for residents. There’s a restaurant, bar, mini-market and kids play area. The open plan properties are flooded with natural light and boast incredible terraces with spectacular views. There’s a real sense of beauty and calmness here.
Olivos, Real de la Quinta
Olivos – categorised as a ‘perfect blend of tradition, natural beauty and modern living’ sits in a 200-hectare mountainside estate. This is the first urban development project in Spain to be certified by BREEAM, the leading global assessment organisation.
The resort includes several apartments and villas, all thoughtfully arranged around a hotel, restaurants, shops, golf course and spa – to name a few. This place is about tranquillity, comfort and space – and this shines through in every way. All the properties are south or southwest facing, so they capture the amazing views of the Mediterranean Sea towards North Africa. The resort offers exclusive facilities such as a communal garden with a pool, and there’s a sports lake so you can enjoy beach life in the mountains.
The resorts commitment to customer service shines through at every level. From looking after your property, handling utility supplies, cleaning your pool to keeping an eye on your property when you’re away. They make life easier for residents in any way they want.
Price for a three-bedroom penthouse with solarium is €500,000.
For those who seek pure exclusivity and luxury, the secret luxury estate of La Zagaleta – nestled in the Spanish mountains offers just that.
For golf lovers seeking ultimate privacy and luxury, villas in La Zagaleta are generously spaced and have spectacular golf views. High ceilings and large windows invite bright and warm natural light with views over the golf course, countryside and mountains. Details like a heated swimming pool, under floor heating, hot and cold air conditioning, lift, large garage space and a golf buggy charging point provide the ultimate luxury.
La Zagaleta is a gated community with 24-hour security of the whole natural and wild green environment on Rhonda Road. There’s a private heliport, a tennis and paddle club, an equestrian school with stables, a club house with a restaurant for members, and two stunning 18-hole golf courses.
La Zagaleta is a 10-minute drive from Puerto Banus and 15 minutes from Marbella Downtown.
Price for a six-bedroom, seven-bathroom villa is €13,500,000.