HIGHLIGHTS Showcasing some of Marbella’s finest properties
Publisher Pia Arrieta Diana Morales Properties / Knight Frank Layout and Production Manifesto Design www.manifestodesign.com Production Manager Jacqueline Stone Writer & Editor Michel Cruz Creative Designer The Carrot www.thecarrot.es Images – Editorial and Property Features Wayne Chasan Charly Simon SPCA Visual Marbella Andres Vallejo Kevin Horn Steve Sparrow Daniel Posner iStock
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HIGHLIGHTS Showcasing some of Marbella’s finest properties
HIGHLIGHTS Showcasing some of Marbella’s finest properties
ON THE COVER Immersed in the beauty of Marbella's Golden Mile, unparalleled views, stunning architecture and the finest materials set this villa apart.
HIGHLIGHTS Showcasing some of Marbella’s finest properties
See more on page 82 and 83. typografia:
Photograph by CHARLY SIMON photo
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2 typografia
CONTENTS 04 WELCOME
06 MARKET ROUND-UP
The tenth edition of Highlights showcases the best of Marbella.
As the markets move, property is once again a popular choice for investors and lifestyle buyers alike.
12 BENAHAVÍS
31 ESTEPONA
One of the most desirable areas with golf courses, culinary hotspots and luxury properties with fantastic views.
A sought-after area home to beachfront luxury complexes, sporting facilities and a wide variety of services.
40 GUADALMINA BAJA
42 PUERTO BANÚS
A well-established beachside residential area and one of Marbella’s most pleasant living environments.
The world famous luxury marina with designer shops, trendy nightspots, fine dining and beach clubs.
46 NUEVA ANDALUCÍA
58 GOLDEN MILE
Home of the “Golf Valley”, a great location with easy access to Puerto Banús and Marbella.
Synonymous with style, privilege and luxurious living this is perhaps the most iconic of Marbella’s glamorous areas.
98 EAST MARBELLA
112 WEALTH REPORT
Leafy streets, peaceful roads, a wide variety of services and sporting facilities just east of Marbella.
For more than a decade, documenting the performance of prime property and its interaction with wealth creation.
LEGEND = BEDROOMS
= BATHROOMS
= BUILT
3
= PLOT
= TERRACES
Welcome Dear reader, Welcome to the new 2018 edition of Highlights, the publication of Diana Morales Properties | Knight Frank that showcases the properties and lifestyle of Marbella and its surroundings. In its design, content, information and indeed properties offered, Highlights is a reflection of DM Properties, a well-respected name in quality Marbella real estate, which blends 40 years of market expertise with the global reach and brand recognition of Knight Frank. In a similar way, the company builds on the experience of founder Diana Morales and the modern marketing skills of a new generation, as represented by managing director Pia Arrieta Morales. Behind them stands a solid, skilled team that has helped to build the company’s enviable reputation in the marketplace. DM Properties/Knight Frank is a family business that combines personal attention, discretion and integrity with modern international professional standards to give buyer, investor and vendor what they need from a Marbella real estate firm. In this edition of Highlights you will find a selection of the properties available on our website (www.dmproperties.com) as well as information about the real estate market, lifestyle and trends that characterise one of the most appealing residential destinations in the world – Marbella. It is a delightful, cosmopolitan region with a beautiful setting and fantastic climate. Find out more and you will realise why so many people have chosen it as their preferred residence or second home. Delve a little deeper and you’ll discover that Marbella is surrounded by a fascinating region rich in culture, history and beautiful scenery that forms the basis for a world of unique experiences. Let Highlights inspire you to explore it. PIA ARRIETA AND DIANA MORALES
4
OUR TEAM
DIANA MORALES Founding Partner
PIA ARRIETA MORALES Partner / Director
MARIA DEL MAR POZA Marketing Director
MARIA JOSร CLAVIJO Marketing Assistant
LILIANA MARTINEZ Sales and Rentals Coordinator
SVETLANA MAZHEHAVA Listings Coordinator
ROBERTO QUINTANA Senior Consultant
CARLOS PADILLA Consultant
MARIANO BERISTAIN Consultant
GERARDO CABALLERO Consultant
MARIA GOMEZ Consultant
Teresa Sรกnchez Consultant
5
2018
Diana Morales Properties | Knight Frank
Market Report By Michel Cruz
In an era where we’re ‘back to business as usual’, the main message is one of sustainable growth and continuity in the year ahead, but also a reminder to keep a sharper lookout for potential spoilers than the industry did in the years leading up to 2008. Every year we take time out to take stock of the market; looking
dependence on consumer growth. The latter is fuelled by credit
back, at the present and forward—the goal being not so much
and low interest rates that make some feel unrealistically rich,
to describe the current situation but to see if there are any
drive prices up and feed spenders while punishing savers and
important trends or signals that can help us plan for the near
investors. It worked as part of financial repression in the wake
future. Having sailed the ship through stormy weather we now
of the sovereign debt crisis, but other than providing cheap
find ourselves in calmer waters on a local, national as well as
capital injections for the larger corporations hasn’t done much to
global level. Geopolitics aside, the world seems to be slowly
stimulate growth in real terms.
gaining traction and economic growth forecasts are cautiously being raised for the euro zone as well as other parts of the world,
If monetary policy were a lemon it would be pretty dry by now, and
though warnings about public, corporate and private levels of
many warn that should there be another financial crisis it wouldn’t
debt, as well as the fragility of the credit-based international
be of much use this time round, having pretty much stretched
financial system, remain unanswered.
as far as it can go. Fiscal policy offers more potential for growth stimulation, though it requires a more judicious approach than
Many say the core issues leading up to the events of 2008-
merely lowering taxes in a top-down fashion. It will be interesting
2009 have not really been addressed. Banks are steadier
to see how the US initiative works out and if – like most American
and the financial sector is ever more tightly controlled but
trends – it comes our way. For the time being though, both the
government debt remains a true worry, as do low levels of
local and the global pictures are encouraging, signalling much-
corporate investment and productivity growth, particularly in
needed, peaceful ‘business as usual’ continuity, but it would be
Europe – where it is related to a high tax burden – and too much
good to remain alert to any signs of danger. 6
2017 in summary
accompanied by a national breakdown of foreign property buyers
2017 confirmed the trend of moving ‘out of crisis’ that was started
in all of Spain in 2017, which saw the British top the list with 15,01%
some years ago. As one of the countries leading the euro zone
of sales, in spite of Brexit. They were followed by the French and
recovery, Spain is posting healthy economic growth rates of
the Germans (see table quoting the Colegio de Registradores),
between 2,5% and 3%, with unemployment dropping steadily,
with 8,64% and 7,77% respectively.
investment and consumer levels rising strongly and confidence at its highest level in years. The banking and property sectors
The good news is that this is not (yet) a seller’s market, that
are similarly in far better health than a relatively short time ago,
Marbella’s PGOU issues have probably avoided over-building
and here the revival of domestic demand is adding to strong
and a price bubble there, that growth is now more spread out,
international demand (for big city and coastal properties) in
and that sales and rising home prices are at levels that can
revitalising the construction sector. The tourism boom is further
be sustained for some years to come – especially given keen
boosting the economy and the balance of payments is positive,
interest from overseas buyers. Brexit remains an issue, but
so if ever there was a time to reduce the tax burden – particularly
the more sophisticated British buyers especially seem hardly
on grassroots and mid-sized enterprises – it would be now.
affected and the British remain the largest single group amid a very highly diversified client base.
Locally, the picture is even more positive, with tourism aglow and an international homebuyer’s market creating solid growth as shown in home sales, construction starts and property values. For DM Properties it was the wake-up year for the market, with sales strongly higher than 2016, the year when Brexit had its main impact. There was an upswing also in interest among Scandinavian, Dutch, Belgian and French buyers, and the most popular properties were in the mid-range between just under €1 million and just over €3 million, though new-build apartments from €350.000 in the Estepona and Benahavis areas were also popular, and there has of late been a noticeable revival in the luxury market above €4 million. Property transactions during 2017 in the ‘Golden Triangle’ of Marbella, Benahavis and Estepona show confirmation that the market is at the highest point in well over a decade, with sales in Benahavis moderate, those in Marbella consistently high
Market trends
and Estepona accounting for much of the growth. The figures
The latest growth cycle, which can be said to have begun as
from the Ministerio de Fomento (Ministry of Public Works) are
early as 2012-2013, was characterised by a significant shift in
Property sales from 2004-2017 in Marbella, Benahavís and Estepona Year
Benahavís
2004
353
2005 2006
Estepona
Marbella
Total
882
4.779
6.014
412
2.244
4.017
6.703
650
1.788
4.432
6.870
2007
633
2.581
3.568
6.782
2008
438
1.721
2 .1 1 6
4.275
2009
559
1.086
2.199
3.844
2010
422
1.154
2.389
3.965
201 1
311
1.248
2.259
3.818
2012
593
1.490
2.519
4.602
2013
532
1.669
3.106
5.307
2014
708
2.109
3.982
6.799
2015
743
2.054
4.435
7.232
2016
625
2.123
4.001
6.749
2017
499
2.681
4.285
7.465
*2017 4T figures not final yet
Source: Ministerio de Fomento
7
Percentage of property purchases by foreign buyers in 2017
homebuyer tastes and preferences that kicked off a ‘return’ to white-toned modern architecture. Combined with great
The total of 464.223 property purchases in Spain in 2017 (highest figure since 2008), represents a 14,98% increase compared to 2016. Sales in Andalucía totalled 88.657 (up by 12,54%) and in Málaga 30.300 (up by 14,62%).
advances in construction techniques, new building materials and the proliferation of technologies that would not so long ago have seemed pretty futuristic, this move towards contemporary, open-plan properties featuring the latest home automation
Percentages of foreign buyers of the total sales in each area:
systems has manifested itself as the main trend affecting the
2015
2016
2017
Spain
13,18%
13,25%
13,11%
Andalucía
15,40%
15,06%
13,84%
Málaga Province
34,14%
33,92%
29,67%
real estate market on the Costa del Sol these past years. In the beginning there was a marked shortage of new stock of this kind due to several years of building inactivity – a hiatus that marks a dividing line between two distinct product eras – so the first pioneering investors and developers were well rewarded
Source: Colegio de Registradores de la Propiedad
as modern homes were snapped up eagerly. Since then,
RANKING OF FOREIGN NATIONALITIES BUYING SPANISH PROPERTY (NATIONWIDE)
many foreign investment funds are involved in new property development along the coast. With significant numbers of new
Percentage shows share of the total foreign buyers for each year
projects currently launched, under construction and already
2015
2016
2017
1
UK – 21,34%
UK – 19%
UK – 15,01%
If compared to the previous up-cycle (read: property boom of
2
France – 8,72%
France––8,05% 8,05% France
France – 8,64%
the 2000s), it places us roughly in 2002, and while this was a
3
Germany – 7,33%
Germany – 7,69%
Germany – 7,77%
4
Belgium – 6,26%
Sweden – 6,72%
Belgium – 6,39%
5
Sweden – 5,89%
Belgium – 6,03%
Sweden – 6,38%
delivered to the market, supply (of new-build homes) is beginning to catch up. For those with a long memory it signals both that we’re in a healthy growth phase and that this is a warning signal.
time of boom it also proved to be a highpoint not long after which intrinsic demand for Costa del Sol properties was surpassed by a production machine in overdrive.
Source: Colegio de Registradores de la Propiedad
Top ten nationalities searching for a property in Marbella in 2017 1. 2. 3. 4. 5. 6. 7. 8. 9. 10.
Reversing the demand-supply mechanism
United Kingdom
In a perfect world supply follows demand, but in reality there is
Spain
inertia, particularly when you’re talking about big-scale projects
France
like property developments. Large sums are involved and years
Germany Belgium
pass between the decision to invest and the final delivery (of
Russian Federation
product and return), so with the benefit of hindsight to boot we
United States of America
should watch for signs of overproduction – lest we fall into the
Sweden
same trap of inverted dynamics where the output of ramped-up
Switzerland
construction has to be flogged to a market with eyes bigger than
Norway
its stomach. After 2004 intrinsic demand had begun to be sated yet building and sales continued unabated, driven now by inflated
Source: DMproperties.com
8
property prices that turned Marbella homes into speculative
total predominance of (two-bedroom) apartments and large
pawns in what eventually became an investment bubble.
villas to now also include larger apartments, with three and also four bedrooms, designed for year-round living, smaller villas
The present conditions are somewhat different – we now no
and properties such as luxury modern townhouses and semi-
longer live in the era of easy credit, but also haven’t become
detached villas that bridge a gap in the €500.000 to €800.000
immune to market bubbles, so in order to avoid it happening
segment.
again investors and industry pundits should keep a keen eye out for the first signs of oversupply. Overzealous production is never
New versus Resale
a good thing, but it makes particularly little sense in a luxury
Where has all this new/modern development left the resales
market such as that of Marbella. This is as true of real estate
market? With so much of the demand focused on a new
as it is of tourism, so this region should jealously guard its five-
generation of properties that really does represent a watershed
star rating and focus on quality, not quantity. On a positive note,
in housing not only in terms of form but also in content, villas and
the large-scale apartment complexes that were being built
apartments from before the crisis have suddenly aged rather
by 2002 are not (yet) visible, with the largest contemporary
quickly. Though much of the attention is focused upon newly
projects seldom surpassing 200 units, though some mega-
built properties, resale homes in sought-after locations continue
projects have been proposed but none yet realised.
to sell well, and more are expected to do so as time passes and the initial sense of architectural novelty wears off a little.
Product development The modern villas and apartments featuring sleek white lines and
A large proportion of people looking at resale properties will
open, minimalist interiors full of high-tech gadgetry completed
want to restyle, renovate and at the very least modernise
the process by which the Costa del Sol’s property offering has
them, but this costs time, money and effort, and that should
caught up with that in the major centres of the world. Gone
be reflected in the price. And herein lies the problem, for quite
are the days when most buyers were not as demanding of the
apart from spawning a renovation/investment industry that
latest comforts as they are now. By and large, the properties
upgrades old houses in good locations, resale properties tend
on these shores are now sufficiently cutting edge, though what
to be overpriced. Sensing that the market is in better health,
was deemed extremely novel and desirable a mere five years
many a vendor is setting his or her asking price too high, and
ago is beginning to feel somewhat repetitive. We must guard
with the subjectiveness inherent in being a proud homeowner
against an onslaught of unvaried, straight-angled monotony or
they are not realising that this is largely a dual market right now
the market will begin to grow tired of it.
in which – apart from older properties in locations with scarce building land – new-builds command the highest prices. The
It seems that, from investors and property developers to
latter is especially true when you look past the price label and
architects, real estate agents and indeed homebuyers
calculate cost per square metre – where new homes are
themselves, the message is getting through and diversification
quite a bit dearer than existing ones – but at least in nominal
is taking hold. A wider palate of materials and styles is adding
terms they appear very reasonably priced in comparison with
character to the ‘white boxes’ some had started dubbing
resales. It is also a dual market in the sense that most new-
modern houses, while more inventive work is also done with
build activity is concentrated in Benahavís, Estepona and Ojén,
layouts, interior styles and landscaping. The new era has also
while Marbella continues to have a strong market dominated by
seen a growing diversity of property types, away from the near-
resale properties.
Planning and upcoming areas You might think to yourself ‘what have urban planning and up-and-coming residential areas got in common?’ but Marbella’s problems in finding a workable directive to guide new development have pushed much of the activity towards Benahavís, Estepona, Mijas and Ojén. The natural tendency in this area is centripetal, a process by which most investment and development has a way of being concentrated in Marbella, but the inertia caused by slow and arduous processing of planning permission applications has produced an opposite effect – a centrifugal shift to the outward lying areas. In a way this is good, because it has allowed more scope for future growth in Marbella and prevented a real estate bubble from occurring in land and property prices here that would have resulted from the concentration of development within its 9
municipal boundaries. The outward movement has absorbed
Client profile
much of the stresses, spread growth more evenly and also
Most buyers are couples or families, above all from late thirties up
dampened the impact of price rises. This not only makes growth
to mid-sixties, and the majority are lifestyle or end-user buyers,
more sustainable but also allows new real estate ‘hotspots’ to
with a smaller number buying purely for investment.
develop, and they are great for investors and homeowners alike. So, while classic addresses such as the Golden Mile, Nueva
Price trends
Andalucía and La Zagaleta remain timeless gems they are
The offers made by buyers are not as aggressive as before. In
now joined by increasingly in-vogue areas such as La Alquería,
many cases they come in quite close to the asking price and
Atalaya, El Paraíso and the New Golden Mile.
eventual discounts are within the ten per cent range. Buyers in search of deals have to face a situation where properties are
As a result, there is a good mix of new developments on
selling faster and closer to the asking price than before.
the market, mostly by large Spanish promoters backed by investment funds, many of which are American, though there
Looking at Knight Frank’s 2018 Wealth Report, however,
are also private developers of smaller gated villas.
Marbella still offers great value in spite of rising prices. In Monaco, which continues to top the international price list, $1 million will buy you just 16 m2, with Hong Kong, New York,
PROS
London, Singapore, Geneva and Paris following and taking it
• Strong demand from a highly diversified market
up to 46 m2 for a $1 million spend. Marbella doesn’t make the
• Growth of property sales and (to a lesser extent) prices
top-20 in this mostly densely built-up big city list, so you get
is at sustainable levels • Costa del Sol property prices are generally still attractive to many across Europe and beyond • Historically low interest rates
more than ten times as much square meterage for your money as in Monte Carlo. Given that the real estate itself is generally of a far superior quality, apart from being a tax haven the principality has far less to offer in intrinsic terms.
• High holiday let occupation rates and good long-term rental returns for property owners
Consumer trends
• Security and quality of life
Most clients have similar requests; sea views, walking distance
• Good and yet improving connectivity
to amenities, south or south-west orientation, privacy and sea
• A good selection of properties and areas to choose from
views. Gated communities are also a popular request but not
• Growth well spread out geographically
a necessity, and there is greater acceptance of new areas than before. The most popular properties are Nueva Andalucía apartments from €150.000 to just under €1 million and villas from the latter price up to €2,5-€3 million. The sweet spot
Cons
is apartments of around €500.000 in prime spots close to
• Land prices are growing rapidly and resale properties
services. For villas it’s for three-bed and up properties of up to
are arguably overpriced • Interest rates could begin to rise (though slowly) • Danger of buyer fatigue • Supply is catching up with demand – danger of
€2 million in prestigious areas close to beaches and amenities. Gated communities and well-established areas are an important extra. In the segment above €3 million the prestige of the area is important along with commanding views.
oversupply if it surpasses it • Possibility of a drop in tourist visits as other destinations such as Tunisia, Turkey and Egypt begin to recover
Product trends People are still looking for modern styled apartments but in the villa sector we are starting to get requests for a modern style with 10
character. Many of the ‘box’ styled villas will become dated in
of March’, for now – in what we estimate to be the late summer
the next few years and already buyers are beginning to veer
of our up-cycle – is the time to learn from the past and begin
away from them and are requesting more ‘Mediterranean’
looking out for factors that could spoil the party.
touches. In response, architects are starting to move away from white boxes with glass façades and apply warmer materials
The latter includes concern among agents and promoters
such as wood, stone and also more greenery, with an increase
about the large numbers of properties under construction right
in shaded porches and covered areas, though still looking
now. If this trend continues there is a real danger that supply
to maximise natural light indoors. The trend is away from too
will surpass demand, just as it did a dozen years ago. Already,
starkly modern, and while very classical or idiosyncratic homes
at the lower end of the market, many of the buyers are investors
are not in vogue, there is increasing demand for properties that
not end-users, and that’s exactly what happened then too.
are easy to modernise.
It would signal that we’d be entering the speculative phase of the cycle and that’s a good time to start applying the brakes.
Looking to 2018 and beyond
“Countering this is the belief that the market still has several
The new year has continued the momentum of 2017, which
years of good growth ahead of it and can bank on an ever-
gathered pace in the second half of the year, and all the
improving infrastructure and level of professional services,
indicators are pointing at another year of good, solid growth
growing connectivity through new flight routes linking the region
at levels that are not overheated but sustainable. If anything is
to different parts of the world, and a burgeoning cultural and
headed that way it’s land prices, which have risen quite a bit
gastronomic offer here and in nearby Málaga – not to mention
faster than the selling price of the end product, thus tightening
the enduring appeal that sets Marbella apart and makes it an
the margins of developers and investors. The newly emerging
evergreen luxury destination,” says Diana Morales, Founding
‘hotspot’ areas offer some scope for greater gains, though
partner of Diana Morales Properties | Knight Frank.
here competition for land is also fierce and the selling price is connected to the land cost when compared to Marbella. The ‘luxury’ brand evolution of such areas is still in full development,
RELATIVE VALUES
and is best served by the consolidation of areas marked by
How many square metres of prime property U$$1m buys across the world
quality developments and urban infrastructure. For the time being, however, there is no imminent fear of a
SIZE (SQ
CITY
bubble market, and while the stock markets have received a jolt their impact is expected to be limited as this is more a price correction than a reflection of major macroeconomic trends or
MONACO
16
corporate profitability. Corporate debt, on the other hand, is a
HONG KONG
22
NEW YORK*
25
LONDON
28
SINGAPORE
39
though it would be a mere cyclical recession and far milder than
GENEVA
41
the great one we suffered through between approximately 2008
PARIS
46
and 2013. For now, the forecast is sunny, but ‘beware the ides
SYDNEY
48
concern, and some say this, together with the impact of Brexit, could cause the onset of the next slowdown around 2020-2021,
SHANGHAI
54
LOS ANGELES*
58
BEIJING
66
TOKYO
76
BERLIN
77
MIAMI
78
MELBOURNE
90
MUMBAI
92 98
ISTAMBUL DUBAI
138
CAPE TOWN
157
MARBELLA
165
SAO PAULO
173
HUMAN AT SCALE
*New developments only. All date Q4 2017 based on exchange rate on 31 Dec 2017. For Marbella, average price of new prime property (not frontline beach) $6.000/m2, while prices for the exclusive Uno at El Ancón Beach on the Golden Mile has all units pre-reserved and average around $16.000-$18.000
11
Benahavís
NEWLY BUILT CONTEMPORARY VILLA La Zagaleta Ref: DM4089 8
8
1.965 m
2
Price 15.000.000 €
7.350 m
2
PROPERTY FEATURES: - Contemporary style villa
- His and hers dressing areas
- In exclusive, gated La Zagaleta
- Garage for eight cars
- Approx. 15 km to Puerto Banús
- Large gym and spa
- Two swimming pools, one indoor
- Home cinema
- Lift to all floors
- Bodega bar
12
Set within the prestigious residential estate of La Zagaleta, this sublime newlybuilt contemporary home boasts a private leisure area with indoor swimming pool, large gym and spa, home cinema, snooker area and trendy bodega-bar. The property is constructed to the highest of specifications and offers fantastic south-facing sea views from almost every room.
BenahavĂs
STUNNING VILLA WITH PANOrAmIC VIEWS La Zagaleta Ref: DM4035 10
10
2.560 m
2
Outstanding residence with panoramic views of the Mediterranean coast. Designed by a renowned local architect the property combines modern aesthetics with innovative technologies and the use of the natural materials. Thoughtfully planned to include spacious living and entertainment areas as well as extensive guest accommodation.
8.209 m
2
731 m
2
Price 13.900.000 â‚Ź
PROPERTY FEATURES: - Stunning sea views
- Under floor heating
- South-facing
- Gym, sauna and steam room
- Ideal for entertaining guests
- Carport for four cars
- Designed by renowned local architect
- Staff accommodation
- Interior and exterior swimming pools
- Extensive guest accomodation
13
Benahavís
STYLISH, MODERN VILLA IN LA ZAGALETA Benahavís Ref: DM3217 4
4
769 m
2
Price 4.900.000 €
3.375 m
2
PROPERTY FEATURES: - Stunning contemporary design villa
- Private garden with free-form swimming pool
- Built with the finest materials
- Jacuzzi and exterior dining area
- Combines modern design in natural
- Cinema room, wine cellar
environment - Privileged setting
- Sauna and gymnasium - Covered and open terraces
14
This remarkable property is found on an elevated plot within the luxury residential estate of La Zagaleta. A home automation system controls all aspects of the property from lighting to security, while the heated swimming pool with waterfall, jacuzzi and exterior dining area offers idyllic home comfort. A fabulous modern home in a country setting.
BenahavĂs
LUXURY CONTEMPORARY VILLA WITH GOLF VIEWS La Zagaleta Ref: DM2947-02 5
5
1.035 m
2
Contemporary villa with beautiful mountain and golf views in the exclusive estate of La Zagaleta. Distributed over three levels, it is nestled in a large private plot offering lovely manicured gardens with a large swimming pool. Furthermore it features a wine cellar and spa area with heated indoor pool, turkish bath and sauna.
3.206 m
2
Price 5.800.000 â‚Ź
123 m
2
PROPERTY FEATURES: - Mountain and golf views
- Elevator
- Exclusive estate with 24-hour security
- Under floor heating and hot water with solar panels
- Heated indoor pool
- Air conditioning
- Spa and turkish bath
- Wine cellar
- Home automation system
- Garage for four cars
15
Benahavís
Andalusian Retreat La Zagaleta Ref: DM3656 5
5
738 m
2
5.520 m
253 m
2
2
PROPERTY FEATURES: - Charming home in ideal surroundings
- Guest and staff accommodation
- Stunning open golf and mountain views
- Sauna, gymnasium and jacuzzi
- 24-hour security
- Wine cellar and secondary kitchen
- Heated outdoor swimming pool
- Under floor heating and air conditioning
- Beautifully landscaped gardens
- Garage, carport and outdoor parking
16
Price 3.950.000 €
This extraordinary residence was conceived by a famous local architect as an oasis of well being and tranquility, offering magnificent views over the golf course and surrounding hills. The tasteful interiors are designed to create a special home conveniently situated close to the clubhouse, with one of the estate’s best landscaped gardens.
BenahavĂs
Immaculate villa in exclusive location La Zagaleta Ref: DM4065 7
7
1.032 m
2
A unique property set on a hilltop in exclusive La Zagaleta with stunning panoramic sea and mountain views, this is a traditional Andalusian villa that has been beautifully modernised. With a guest/staff apartment as well as games room with a bar, home cinema with billiard table, gym and sauna, this is a wonderful family home.
5.328 m
172 m
2
2
Price 7.000.000 â‚Ź
PROPERTY FEATURES: - Contemporary home in La Zagaleta
- Extensive flat plot
- Panoramic sea and mountain views
- Hosts 14 people
- French interior design
- Garage for four cars
- Fully equipped pool house
- Open plan kitchen
- Guest apartment ideal for nanny
- Golf and equestrian centre
17
BenahavĂs
Commanding Views La Zagaleta Ref: DM3476 3
3
941 m
2
6.417 m
210 m
2
2
PROPERTY FEATURES: - Stunning south-facing villa
- Self-contained guest house
- Breathtaking panoramic views
- Wine cellar, sauna
- 24-hour security, gated community
- Contemporary state-of-the art kitchen
- Easy extension to become a 7-suite home
- Under floor heating and air conditioning
- Garden with charming dining and BBQ area
- Two-car garage and spacious outdoor parking
18
Price 5.500.000 â‚Ź
A tropical retreat in the midst of the selfcontained haven of La Zagaleta, one of the most exclusive residential and golfing estates in Europe, built around the principle of privacy and security. It excels in its unique facilities and services for residents only, including two scenic golf courses, equestrian centre, heliport and an elegant clubhouse.
BenahavĂs
FINE RESIDENCE WITH MOUNTAIN VIEWS La Zagaleta Ref: DM3567 7
5
980 m
2
This refined residence designed by a renowned local architect optimises the superb environment of Marbella using the best qualities. It is situated in La Zagaleta Golf & Country Club with wonderful facilities, from the scenic golf courses and horse-riding centre to the helipad and the elegant clubhouse with restaurant, pool area and billiards room.
Price 4.400.000 â‚Ź
107 m
5.101 m
2
2
PROPERTY FEATURES: - Mountain views
- Cinema room
- Beautifully designed
- Alarm system
- Separate guest accommodation
- Video entry
- Courtyard
- Under floor heating
- Gym
- Pool with panoramic views
19
Benahavís
NEW ULTRA CONTEMPORARY SOUTH-FACING VILLA El Madroñal Ref: DM4168-01 4
5
835 m
2.600 m
2
220 m
2
2
PROPERTY FEATURES: - South-facing villa in El Madroñal
- Domotic system
- Beautiful sea views
- Fireplace
- 10 minutes from Puerto Banús
- Separate guest apartment
- Gated villa community with security
- Swimming pool
- Brand new
- Top quality specifications
20
Price 3.850.000 €
Modern designed villa with a generous open plan layout. Very private, this property features panoramic views of the surrounding area and coastline, with the latest in home technology and finest design. The property forms part of the wellestablished country estate of El Madroñal, an exclusive gated community surrounded by pine and cork forests.
Benahavís
MODERN DESIGNER HOME El Madroñal Ref: DM4168 4
5
796 m
2
Built on a south-facing hillside within an exclusive country estate, this property offers breathtaking sea views. The contemporary designed villa makes generous use of stone, wood and steel throughout with top quality appliances and fittings. An infinity pool enjoys stunning southerly views across the Mediterranean Sea to North Africa.
Price 3.950.000 €
223 m
2.600 m
2
2
PROPERTY FEATURES: - South-facing villa in El Madroñal
- Sleek garden
- Sea views
- Fireplace
- 10 minutes from Puerto Banús
- Large drive with space for carport
- Gated community with security
- Separate guest or staff apartment
- Modern design
- Swimming pool
21
Benahavís
FAMILY VILLA WITH FABULOUS VIEWS El Madroñal Ref: DM3889 5
5
688 m
2
Price 3.995.000 €
3.400 m
2
PROPERTY FEATURES: - Spacious south-west facing villa on large plot
- One bedroom self-contained apartment
- Splendid sea views to Gibraltar and Morocco
- Extra bedroom in lower level
- Living room with fireplace
- Bar next to swimming pool
- Fabulous covered terrace
- Billiards room with bar
- Large separate dining room
- A/C, heating, alarm system, garage
22
A delightful family home situated on a large, elevated plot with stunning panoramic views towards the coast. The house provides very spacious, beautifully proportioned accommodation with the principal rooms arranged on two floors. The house also features a separate guest apartment with living room, bedroom, ensuite bathroom, kitchen and private terrace.
Benahavís
Charming Andalusian Style Home with Sea Views El Madroñal Ref: DM3599 6
5
772 m
2
This lovely home enjoys magnificent views to the coastline and the mountains. The extensive plot allows further expansion of the existing house. The property features high ceilings, terracotta floors, spacious rooms with bedrooms on all levels, a cozy family room with a fireplace and a great kitchen area with a breakfast corner and fireplace.
Price 2.750.000 €
6.955 m
2
PROPERTY FEATURES: - Spectacular mountain and sea views
- Plot size allows further construction
- 9,3 km approx. to Puerto Banús
- Great potential for refurbishment
- 24-hour security, gated community
- Three-car garage and outdoor parking
- Spacious living areas
- Exterior heated pool
- Two bed guest/staff apartment with kitchen
- Under floor heating in bathrooms
23
Benahavís
FAMILY HOME WITH FABULOUS VIEWS El Madroñal 4
3
Ref: DM4044 Price 1.395.000 €
9.986 m2
381 m2
- South-east facing villa
- Living room with fireplace
- Carport for two cars
- Set within prestigious estate
- Fabulous covered terrace
- Staff accommodation
- Large plot with sea and mountain views
- Large separate dining room
- Air conditioning and heating
ELEGANT VILLA IN COUNTRY ESTATE El Madroñal 4
4
2
421 m
Ref: DM4126 Price 1.495.000 €
2
1.530 m
- Elegant home with sea views
- 15 km from Marbella
- Air conditioning and under floor heating
- Private garden with pool
- Wooden carpentry
- Basement garage, laundry and storage
- Only 9 km from Puerto Banús
- Terracotta flooring
- Carport for two cars 24
Benahavís
BEAUTIFULLY DESIGNED RESIDENTIAL DEVELOPMENT Marbella Club Golf Resort 3-4
144 m2 275 m2
2-3
Ref: DMD1383 Price 395.000€ - 952.000€
31 m2 112 m2
- Designed by renowned architect
- Master bedrooms with dressing area
- Access to Marbella Club Golf course
- Completion phase 1 mid 2019
- Open plan kitchens
- Access to equestrian club
- 16 km from Puerto Banús
- Interesting payment scheme
- Tennis and paddle tennis courts
country CLUB HOME with golf views Marbella Club Golf Resort 4
4
564 m2
Ref: DM3796 Price 2.950.000 €
2
4.300 m
- Views to golf, mountains and lake
- Superb materials and finishes
- Riding centre with stables
- 10 km to Puerto Banús
- Heated swimming pool
- Three-car garage
- 20 km to Marbella centre
- 18-hole golf course
- Gated villa community with 24-hour security 25
Benahavís
UNDERSTATED LUXURY AND QUALITY Marbella Club Golf Resort 5
5
144 m2 915 m2
31 m2 5.189 m2
Ref: DM3556 Price 3.500.000 €
2
185 m
- Spacious inviting home on privileged setting
- High quality specifications
- Two golf memberships included in price
- 24-hour security, gated community
- Meticulously kept mature garden
- Guest apartment
- Great attention to detailbe
- Kitchen by Clive Christian
- Cinema room, wine cellar, bar
PLOTS with Sea Views MODERN VILLA WITH SEA VIEWS La Alquería El Madroñal 2 2 55.000 m and55.818 m
450 m
2
Ref: DM3965 Price 1.990.000 €
2
1.131 m
- Contemporary villa in La Alquería
- High - Highstandard standardconstruction construction
- Open plan kitchen
- Easy access to golf courses
- Completed - Brand newbeginning 2017
- South-facing terrace
- Lovely sea views
- Under - Underfloor floorheating heatingthroughout throughout
- Private garden and pool
26
Benahavís
Modern Architecture close to Town La Alquería 5
Ref: DMD1363 654 m2 907 m2
1.223 m2 1.91 1 m2
70 m2 196 m2
Price 2.000.000 € - 3.550.000 €
- 14 villas in gated community
- Completion: 2017 and mid - 2018
- Bespoke internal carpentry
- 9,2 km approx. to Puerto Banús
- Individual salt water pools
- Solar power energy systems
- Close to 5 golf courses
- Choices of kitchens
- Pre-installation for home automation
BRAND NEW HOME IN GOLF SETTING La Alquería 5
5
549 m
2
Ref: DM4205 Price 3.700.000 €
2
1.615 m
- Contemporary villa in La Alquería
- Spectacular sea and golf views
- Italian ceramic flooring
- Approx. 5 km from beach
- Domotic system throughout
- Double height windows
- 1 km from schools, golf and shops
- Under floor heating
- Electric sunscreens 27
BenahavĂs
SPECTACULAR MODERN VILLA IN SOUGHT AFTER LOCATION Nueva Atalaya Ref: DM4230 5
5
853 m
2
1.778 m
328 m
2
2
PROPERTY FEATURES: - Golf and sea views
- South-west orientation
- 200 m to Atalaya golf course
- 20 x 5m pool with waterfall
- 9 km from Puerto BanĂşs
- Panoramic lift
- Large open plan living areas
- Entertainment room and gym
- Landscaped garden
- Guest accommodation in basement
28
Price on Application
This outstanding home is set on an elevated plot with Mediterranean garden and large covered terraces to enjoy outdoor living. The ground floor flows in an open plan layout enhanced with a double-height living room, dining room, kitchen and guest suite. Upper floor with lounge and bedroom suites with private terraces. Spacious basement.
Benahavís
EXCEPTIONAL LIVING IN SCENIC SURROUNDINGS La Quinta 350 m2 1.200 m2
Ref: DMD1410
850 m2 3.000 m2
A low-density gated development of 12 villas in a privileged location next to Mabella’s ‘Golf Valley’. Masterfully designed with the highest specifications on an elevated 62.000 m2 plot where privacy and security combine with sweeping views to set the stage for a superior Mediterranean lifestyle. Just minutes from Marbella centre, golf courses and amenities.
Price on Application
PROPERTY FEATURES: - Plots available from 895.000 €
- 24-hour gated community
- Turn-key villa prices from 2.500.000 €
- Panoramic sea and mountain views
- Designed by leading architects
- 8 km from Puerto Banús
- Different villa designs available
- 13 km from Marbella
- Top quality construction
- 6 golf courses within 10 minutes drive
29
BenahavĂs
IMMACULATE VILLA WITHIN GATED COMMUNITY El Herrojo Ref: DM4159 4
4
685 m
2
1.800 m
221 m
2
2
PROPERTY FEATURES: - Elegant south-facing villa
- Private heated swimming pool
- Gated community with 24-hour security
- Staff accommodation
- Built to the highest standards
- Sauna and fitness area
- Fully fitted kitchen with top quality appliances
- Home cinema
- Private mature garden
- Two garages, for one and three cars
30
Price 3.590.000 â‚Ź
Spectacular renovated villa in the prestigious frontline golf community of El Herrojo Alto. The master bedroom suite features separate dressing area and large terrace with panoramic sea views. Downstairs offers staff accommodation, an entertainment room with billiards table and screen with projector. This is a great family home.
Estepona
MAGNIFICENT BEACHFRONT ESTATE Casasola Ref: DMC03316-03 8
8
3.011 m
2
A truly unique mansion in a privileged beachfront position in the prestigious Casasola area, next to Guadalmina Baja. No detail has been overlooked in this distinctly palatial home where classical design dominates inside and out. The generously proportioned reception rooms, extensive master suite and independent guest suite provide luxurious accomodation.
Price 15.500.000 â‚Ź
656 m
5.175 m
2
2
PROPERTY FEATURES: - Exceptional home with breathtaking views
- Separate two-bed staff house
- 5 minutes drive to Puerto BanĂşs
- Lift to all levels
- Direct access onto the beach
- Indoor heated pool
- Beautifully landscaped gardens
- Gymnasium, sauna ans steam bath
- 55 m2 master suite
- Eight-car garage and additional parking
31
Estepona
Frontline Beach Luxury New Golden Mile Ref: DM3690 12
13
2.513 m
This is one of the finest beachfront homes on the coast, offering direct access to the 60-metre shoreline on Marbella’s New Golden Mile just ten minutes from Puerto Banús. The ground floor features elegant reception rooms in addition to a fully fitted kitchen with high quality appliances. Three bedroom suites in the east wing as well as four
2
4.125 m
Price 14.200.000 €
483 m
2
2
bedrooms in the west wing are also found on this level. The upper floor includes a spacious master suite with dressing room and generous bathroom and a private southwest facing terrace. The east wing features two more bedroom suites, a gymnasium with bathroom, sauna and turkish bath.
The rest of this level is occupied by a large sundeck with lounge-bar and a fully fitted gym with panoramic sea views, while the basement houses a heated indoor pool and areas for a cinema room, billiards room, wine cellar, laundry, machine room and various storage rooms.
DISTANCES:
PROPERTY FEATURES: - Unique frontline beach villa
- Health centre with gym and sauna
- 10 minutes to Puerto Banús
- 8 km to Puerto Banús
- Lift and integrated security system
- 20 minutes to Marbella centre
- 413 m2 living and recreational area
- Staff accommodation
- 10 minutes to Estepona centre
- 224 m2 private master suite
- Fully integrated security system
- 55 minutes to Málaga International
- Outdoor, indoor and rooftop pools
- Direct access to the beach
32
Airport
Estepona
33
Estepona
LUXURIOUS BEACHFRONT APARTMENT Las Dunas Park 3
2
176 m
Ref: DM4007 Price 1.290.000 €
2
- Commanding views
- 12 km to Estepona centre
- Under floor heating
- Spacious corner apartment
- 11 km to Puerto Banús
- Electric shutters
- Secure development with 24-hour security
- One garage space and storage
- Communal heated pool
NEWLY BUILT MODERN HOME El Paraiso 6
6
2
809 m
Ref: DM3875 Price 2.850.000 €
2
1.599 m
- Contemporary new-built villa
- Infinity swimming pool
- Air conditioning throughout
- Quiet cul-de-sac
- Garage for five cars
- Private, level garden
- Spectacular sea views
- Quality marble floors
- Domotic system installed 34
Estepona
BEACHFRONT APARTMENTS IN NEW DEVELOPMENT Estepona 77 m2 214 m2
2/4
1.071 m2
154 m2
Ref: DMD1386 Price 592.200 € - 2.898.500 €
- 70 unit beachfront development
- Paddle tennis and three infinity pools
- Villeroy & Boch bathrooms
- Completion December 2019
- Flooring chosen by client
- Air-conditioning
- Spa and gym area
- Gaggenau kitchens
- Under floor heating- Under floor heating
MODERN TOWNHOUSES IN FRONTLINE BEACH COMPLEX Estepona 3/5
Ref: DMD1385 Price 850.000 € - 1.400.000 €
224 m2 332 m2
- 50-unit beachfront development
- 8 km from Estepona centre
- Rooftop terrace with jacuzzi and BBQ area
- Under construction
- Two communal swimming pools
- Private underground garages
- Completion December 2018
- Gym, spa, turkish bath and sauna
- Home automation systems
35
Estepona
BEACHSIDE CONTEMPORARY VILLAS Casasola 5/6
504 m2 581 m2
5/6
Ref: DMD1354 Price 1.690.000 € - 2.190.000 €
847 m2 1.053 m2
- Small development of six villas
- Private garden and pool
- Rooftop solariums
- Show house ready. Rest of units will be
- Gated community
- Up to 60 m2 basement
- Latest technology and materials
- Two/three-car garages
completed during 2018 Master
MODERN BEACHSIDE HOME Casasola 5
5
2
1.194 m
2
1.529 m
Ref: DM4037-02 Price 3.500.000 €
2
390 m
- Beachside residential urbanisation
- Large terraces
- Top quality marble and wood floors
- Brand new villa
- Private pool and garden
- Cinema room
- Sea views from upper levelster be
- Garage for four cars
- Under floor heating and solar panels 36
Estepona
beautiful contemporary golf villas Atalaya 3/4
155 m2 179 m2
3/4
65 m2 92 m2
540 m2 610 m2
Ref: DMD1375 Price 745.000 € - 975.000 €
- 18 villas under construction
- 16 km to Marbella town
- Private landscaped gardens
- Estimated completion December 2018
- Two commercial centres nearby
- Private swimming pools
- 7 km to Puerto Banús
- Next to Atalaya and Guadalmina golf courses
- Parking and large basement
NEWLY BUILT BEACHSIDE VILLA Casasola 4
4
2
910 m
2
1.263 m
Ref: DM3879 Price 2.700.000 €
2
110 m
- 6,3 km from Puerto Banús
- Beautiful tropical gardens
- Garage for five cars
- 1,2 km from the beach
- Under floor heating
- Lutron home automation system
- Private salt water swimming pool
- Air conditioning
- Schüco carpentry 37
Estepona
CONTEMPORARY VILLAS IN PRIME LOCATION El Paraíso 4/5
362 m2 465 m2
4/5
Ref: DMD1368 Price 1.311.000 € - 1.554.000 €
924 m2 1.150 m2
- Well-established residential area
- 4 km from Guadalmina golf and shopping centre
- Private pools
- New complex of 11 villas
- 8 km from Puerto Banús
- Mediterranean gardens
- Walking distance to golf and amenities
- 2 km from the beach
- High quality specifications
SINGLE LEVEL VILLA NEAR BEACH El Paraiso Barronal 3
4
2
380 m
2
1.000 m
2
100 m
Ref: DM1489-222 Price 1.450.000 €
- Villa in beachside estate
- Quiet villa setting
- Extensive covered terrace
- Between San Pedro and Estepona
- Two 4-star hotels nearby
- Private swimming pool
- Short stroll to the beach
- Very mature garden
- Carport for three-four cars
38
39
Guadalmina Baja
EXCEPTIONAL HOME IN PRESTIGIOUS ESTATE Guadalmina Baja 5
5
2
Ref: DM3345 Price 4.750.000 €
2
3.139 m
794 m
- Exclusive gated community
- Air conditioning, under floor heating
- Master suite with dressing room
- Short stroll to the beach
- Two/three-car garage
- Swimming pool with gazebo
- High quality specs throughout
- Independent guest apartment
- Two golf courses within the estate
MODERN LIFESTYLE IN BEACHSIDE AREA Guadalmina Baja 6
6
2
1.508 m
2
2.858 m
Ref: DM3143 Price 4.500.000 €
2
200 m
- Lovely golf and garden views
- Bespoke Gaggenau kitchen
- Elevator, gym and sauna
- 800 m from the beach
- Swiss made electric blinds
- Cinema room, games room, bar
- Home automation system
- Double-side gas fireplace
- Garage for six cars
40
Guadalmina Baja
FANTASTIC BEACHSIDE VILLA Guadalmina Baja 6
6
883 m
2
2
3.061 m
Ref: DM0076-16 Price 4.300.000 €
2
159 m
- Short stroll to the beach
- Heated swimming pool
- Three-car garage and carport
- Next to golf courses, schools and shops
- Extensive manicured garden
- Wine cellar
- High quality specifications
- Kitchen with Miele appliances
- Staff accommodation
COMFORT AND PRIVACY CLOSE TO THE SEA Guadalmina Baja 6
6
2
621 m
2
4.001 m
Ref: DM3191 Price 4.500.000 €
2
104 m
- South facing orientation
- Private garden and pool
- Separate guest accommodation
- Walking distance to shops and beach
- Paddle tennis court
- Gym, sauna and jacuzzi
- Single-storey house
- Two-car garage and carport
- Under floor heating
41
Puerto Banús
LUXURY BEACHSIDE MODERN VILLA NEAR PUERTO BANUS La Pepina Ref: DM4193 6
6
747 m
2
276 m
1.210 m
2
2
PROPERTY FEATURES: - Exceptional contemporary beachside villa - Impeccable, ready to move in
- Oversized front door finished by David Marshall
- Great location, quiet residential area
- Infinity pool with LED lighting
- Exquisitely finished throughout
- KNX Home Automation system
- Bespoke carpentry
- Remote CCTV and video property access
42
Price 5.450.000 €
A stylish family home, located in La Pepina, a secure, beachside urbanisation only 240 metres from the sea. This southwest facing villa offers open plan living that easily flows between delightfully planned interior and exterior spaces, each filled with bespoke furniture, custommade exclusively for the property, giving it a contemporary and distinctive look.
Puerto Banús
Stunning penthouse on beachfront Puerto Banús Ref: DM4149 3
3
340 m
2
Duplex penthouse in one of the most prestigious apartment complexes in Marbella. Malibú, just steps from Puerto Banús, offers 24-hour security, immaculate tropical landscaped gardens with walkways, three swimming pools, one heated, fully equipped gym and two indoor jacuzzis. Beautiful sea views, with top quality fittings and high tech domotic system.
Price 3.650.000 €
115 m
2
PROPERTY FEATURES: - Exclusive, private seafront property
- Three swimming pools, one heated
- Next to Puerto Banús
- Top quality kitchen appliances
- Short drive to Marbella
- Domotic system
- Exceptional upgraded quality specs
- Landscaped grounds and gardens
- Gated community with 24-hour service
- Gym, sauna, jacuzzi and turkish bath
43
Puerto Banús
Beautiful GARDEN APARTMENT Puerto Banús 3
3
2
227 m
2
67 m
Ref: DM4063 Price 1.895.000 €
2
72 m
- Frontline beach complex
- Fully equipped kitchen
- Sea, garden and pool views
- Private plunge pool and garden
- 24-hour security pletion summer 2017 - Communal jacuzzi, sauna and gymnasium
- West-facing orientation
- Communal swimming pools
- One-car garage and store
LUXURIOUS FRONTLINE BEACH DUPLEX PENTHOUSE Ventura del Mar 3
3
Ref: DMV892 Price 1.795.000 €
2
303 m
- Frontline beach duplex penthouse
- 1,4 km to Puerto Banús
- Fully fitted modern kitchen
- Sea, garden and pool views
- Air conditioning
- Stylish interior design
- West facing
- Gated community with 24-hour security
- Large terrace
44
Nueva Andalucía
Located in the golf valley, Marbella, Aloha has one of the most beautiful and well-kept golf courses in Spain.
Aloha is an exclusive members club that has a great atmosphere and an active competitive playing membership. A great place to make friends.
Urb. Aloha Golf s/n Nueva Andalucía 29660 Marbella, Málaga 45
clubdegolfaloha.com
Nueva Andalucía
IMPRESSIVE DESIGN IN THE GOLF VALLEY Las Brisas Ref: DM4148 6
6
1.025 m
2
Price 3.550.000 €
1.253 m
2
PROPERTY FEATURES: - Quality brand appliances throughout
- Under floor heating and air conditioning
- Sonos music system installed
- Bioethanol fireplace
- Video intercom with camera IP
- Solar panels on deck
- Alarm with video recording surveillance
- Swimming pool with LED lighting
- Domotic system controlled by iPad
- Landscaped gardens and auto-irrigation
46
This beautiful brand new contemporary villa is situated in the heart of Nueva Andalucía’s Golf Valley close to prestigious Las Brisas Golf Club. Built to exacting standards, the house features a large basement with self-contained apartment as well as a gymnasium, additional bedroom with bathroom, games room, laundry and storage.
Nueva Andalucía
REFURBISHED TO PERFECTION Nueva Andalucía Ref: DM4163 4
3
276 m
2
Modern style, recently refurbished villa in the heart of Nueva Andalucía approximately 5 kms from Puerto Banus with its sandy beaches and wide range of services. The property is set in beautifully landscaped gardens with a heated swimming pool, poolside gazebo with thatched roof, built-in gas BBQ, fridge and wine cellar.
Price 1.495.000 €
1.000 m
2
PROPERTY FEATURES: - Brand new villa in Nueva Andalucía
- Landscaped lawn and gardens
- Approx. 5 km from Puerto Banús and the beach
- Heated swimming pool
- New glazing system with frameless glass balustrades
- Balinese gazebo
- Designer kitchen and bathroom suites
- Hot tub on upper terrace
- Porcelain external terraces
- Extensive LED lighting system
47
Nueva Andalucía
ELEGANT FAMILY HOME Nueva Andalucía Ref: DM4170 5
5
514 m
2
Price 2.150.000 €
1.307 m
2
PROPERTY FEATURES: - Top quality materials
- Air conditioning with heat pump
- Views to garden and large pool
- Under floor heating
- Approx. 500 m to commercial centre
- Wood, porcelain and marble floors
- Approx. 1.7 km to Aloha College
- Self-contained apartment
- Approx. 2 km to Puerto Banús
- Garage for two cars
48
This beautifully designed house, is conveniently located close to all the local services, schools and amenities. The spacious reception rooms overlook the gabled terrace with views to the large pool and garden, perfect for enjoying balmy summer evenings. It also features a self-contained apartment suitable for staff or guests.
Nueva Andalucía
OUTSTANDING FRONTLINE GOLF VILLA Las Brisas Ref: DM3777 5
5
476 m
2
This is a wonderful frontline golf villa facing Las Brisas golf course enjoying privacy and mountain as well as golf views. Recently renovated, it enjoys a high standard of features and finishings. A spacious, bright villa set in beautiful gardens with a generous swimming pool, this is a wonderful family home also ideal for entertaining.
Price 2.900.000 €
1.092 m
2
PROPERTY FEATURES: - Frontline golf villa in Las Brisas
- Garage for car and golf buggy
- Mountain and golf views
- Water under floor heating
- Direct access to the golf course
- Marble floors
- Heated swimming pool
- Electric shutters
- 3 km from Puerto Banús and beach
- Video entry phone
49
Nueva Andalucía
RENOVATED FAMILY VILLA Los Naranjos Golf 5
5
2
2
342 m
1.595 m
Ref: DMV1004 Price 2.750.000 €
2
81 m
- Frontline golf position
- Garage for two cars
- Under floor heating
- South-west orientation
- Heated swimming pool
- Large covered terrace
- Completely renovated
- Beautifully manicured gardens
- Fully fitted open plan kitchen
Lovely Family Home with Views Las Brisas 4
4
2
492 m
2
1.071 m
Ref: DM3397 Price 1.795.000 €
2
154 m
- Beautiful mountain views
- East facing
- Under floor heating
- 1,7 km to Puerto Banús and beaches
- Kitchen with breakfast area
- A/C hot/cold
- 2 minutes drive to shops and restaurants
- Guest suite on ground floor
- Wooden floors
50
Nueva Andalucía
VILLA IN LOVELY SETTING Nueva Andalucía 4
4
394 m
2
Ref: DM4092 Price 1.495.000 €
2
933 m
- Traditional style villa
- Lovingly renovated by owner
- PVC double-glazed windows
- Lovely sea view from the upper floor
- 1 km from services and 2 km from Puerto Banús
- Electric and mechanic shutters
- Within secluded and private area
- Parking for two cars
- Surveillance cameras
FrontLine Golf Los Naranjos 6
6
670 m
2
2
1.037 m
Ref: DM3526 Price 3.275.000 €
2
224 m
- Stunning golf views
- Sauna and wellness area
- Carport
- 4,1 km to Puerto Banús
- Guest suites on ground floor
- A/C hot and cold
- Several golf courses nearby
- Lovely poolside decking
- Under floor heating throughout
51
Nueva Andalucía
ABSOLUTE LUXURY IN LAS ALAMANDAS Nueva Andalucía 2
2
148 m
2
Ref: DM4176 Price 595.000 €
2
50 m
- South-facing apartment in Las Alamandas
- Walking distance to clubhouse
- Gated community with security
- Walking distance to Los Naranjos golf
- Views to Las Brisas golf course
- 2.4 km to Aloha International College
- Large terrace accessed from living room and master bedroom - Top quality specifications
SPECTACULAR DUPLEX WITH SEA VIEWS Los Belvederes 3
3
2
324 m
Ref: DM3946 Price 875.000 €
2
34 m
- Spectacular duplex apartment
- Recently renovated
- Marble and wooden flooring
- 5 km to Puerto Banús
- Fully equipped kitchen
- Communal gardens, pools and gymnasium
- Sea, golf and mountain views Duplex penthou
- Spacious open and covered terraces
- 24-hour security
52
Nueva Andalucía
BRAND NEW CONTEMPORARY VILLA La Cerquilla 5
5
2
1.003 m
2
2.451 m
Ref: DMV765 Price 5.850.000 €
2
209 m
- Modern villa in La Cerquilla
- Stunning views to the sea
- Built to exacting standards
- Set on one of the best plots
- 3 minute drive to Puerto Banús
- Best quality materials used
- Prestigious area of Golf Valley
- Close to all services and amenities
- Lift to all floors
GREAT FRONTLINE GOLF VILLa Los Naranjos 5
5
- Elegant frontline golf villa - Approx. 10 km to Marbella - 5 km to Puerto Banús
1.064 m
2
2
2.033 m
164 m2
- Stunning golf views - Garage for 9 cars - Domotic system 53
Ref: DM3956-01 Price 4.500.000 € - Lift to all floors - Sauna, hammam and gym - Exceptional qualities throughout
Nueva Andalucía
Magnificent frontline GOLF POSITION La Cerquilla Ref: DM3616 6
6
914 m
2
This stunning six bedroom villa is in the sought-after location of La Cerquilla, one of the best addresses in Nueva Andalucía. It is situated frontline golf with open views overlooking Los Naranjos Golf Club. An elegant driveway leads to the main entrance of the property which is set in lush tropical gardens and plenty of beautifully designed outdoor areas that feature an outdoor heated pool, gazebo
4.400 m
Price 4.950.000 €
279 m
2
2
and barbecue. The property offers 5 bedrooms all with en-suite bathrooms and a 1 bedroom apartment for either guests or staff. The ground floor is distributed into a large double-height ceiling lounge near the modern open kitchen by Kubic design solutions, TV/sitting room with fireplace, guest toilet and two bedroom suites.Upstairs we find the master suite with dressing room and private terrace
overlooking the golf course and views across the valley to the sea, an additional bedroom suite also with terrace and an open lounge/office area. In the lower level of the villa there is an additional kitchen with laundry, large home cinema/games room with bar and dining area and a large bedroom suite as well as a one-bed staff/ guest apartment with shower room, all with natural light and access to the garden.
DISTANCES:
PROPERTY FEATURES: - Magnificent frontline golf villa
- Lush tropical gardens
- 4,6 km to Puerto Banús
- Sought-after address in Golf Valley
- Outdoor heated pool, gazebo and BBQ area
- 7,9 km to Marbella town
- Open views overlooking Los Naranjos Golf
- Separate guest accommodation
- 4,8 km to the beach
- Sea views
- All bedrooms have ensuite bathrooms
- 63 km to Málaga airport
- Very private, CCTV security
- Home cinema
54
Nueva AndalucĂa
55
Nueva Andalucía
Contemporary LIVING WITH VIEWS Nueva Andalucía Ref: DM3925-01 7
6
667 m
2
212 m
1.117 m
2
2
PROPERTY FEATURES: - Exceptional modern design
- Rooftop bar and chill-out area
- Panoramic sea, golf and mountain views
- Poggenpohl kitchen
- Several courses nearby
- Cinema room, pool table
- 3,5 km to Puerto Banús
- Private garden and heated swimming pool
- Spacious and luminous interiors
- Exterior and interior alarm system
56
Price 4.400.000 €
The cutting edge architecture of this outstanding villa designed by renowned local architect displays clean lines with an exceptional use of light and space to capture spectacular panoramic views. It is conveniently situated in a sought after area of Nueva Andalucía within the Golf Valley, at short driving distance to Puerto Banús and Marbella.
Golden Mile
57
Golden Mile
Spectacular semi detached villa in Sierra Blanca Meisho Hills Ref: DM3435 3
3
823 m
2
Price 2.395.000 â‚Ź
319 m
2
PROPERTY FEATURES: - Private gated community
- Rooftop solarium with 360 views
- 4km from Marbella centre
- Lift to all floors
- Panoramic sea and mountain views
- Three-car garage
- 24-hour security
- A/C and under floor heating
- Home automation system
- Basement for cinema room, gym, etc
58
Semi-detached villa with a striking and contemporary design with oriental aesthetic situated in one of the most sought after residential areas of Marbella. This exceptional corner property enjoys communal indoor pools and spa area. A fantastic terrace with plunge pool offers lovely views of the Mediterranean sea. Spacious living areas with the finest materials.
Golden Mile
MODERN STYLE HOME WITH SEA VIEWS Rocío de Nagüeles Ref: DM4054 5
4
494 m
2
Stunning modern villa with spectacular sea views in a fabulous location just below Sierra Blanca. Approximately 2 kms from Marbella centre, with all professional and commercial services and the beach nearby. The ground floor accommodation consists of a large open plan lounge and kitchen with inside dining area leading out onto a chill-out zone and covered terrace.
Price 2.950.000 €
1.000 m
2
PROPERTY FEATURES: - Modern villa with fantastic sea views
- Under floor heating
- Prestigious residential area
- Air conditioning
- 2 km from Marbella centre
- Large roof terrace
- Two-car garage
- Open plan concept
- Infinity swimming pool
- Cinema room
59
Golden Mile
MODERN RESIDENCES IN THE HEART OF THE GOLDEN MILE Las Lomas del Marbella Club Ref: DMD1366 4
4
521 m2 889 m2
958 m2 1.660 m2
86 m2 315 m2
PROPERTY FEATURES: - Gated community of 8 villas
- 24-hour security with cameras
- 5 minutes to Puerto Banús
- Home automation
- Privileged location
- Siemens fitted kitchen
- License approved, under construction
- Customized options available
- Estimated completion Autumn 2019
- Private saline swimming pools
60
Price 2.850.000 - 3.950.000 €
Luxurious urbanization of eight villas in one of the finest locations surrounded by greenery, at approximately 1 km from the beach and promenade, 5 kms from Puerto Banús and Marbella with all sort of facilities and services. The complex will have 24-hour security, tropical gardens and dramatic sea views.
Golden Mile
EXCLUSIVE PENTHOUSE IN SIERRA BLANCA AREA Imara Ref: DM4188 3
3
591 m
2
Modern duplex penthouse in one of the most exclusive and stylish complexes above Marbella, enjoying a privileged location with south-west orientation. It offers privacy, magnificent views and spacious living areas, like the impressive entrance hall with doubleheight ceiling. Large terraces, partly covered, to enjoy sun throughout the day.
Price 2.300.000 â‚Ź
349 m
2
PROPERTY FEATURES: - Duplex penthouse with panoramic views
- Hot and cold air conditioning
- Private unit comprising two entire floors
- Fireplace in the lounge
- Beautiful sea and mountain views
- Fully fitted open plan kitchen
- 24-hour security service
- Communal swimming pools and sauna
- Marble flooring
- Sold fully furnished
61
Golden Mile
FANTASTIC MEDITERRANEAN VIEWS Marbella Hill Club Ref: DM3877 4
5
1.222 m
2
Price 7.600.000 €
3.131 m
2
PROPERTY FEATURES: - Imposing residence with stunning panoramic views - Quiet residential area with security barriers
- Water and gas under floor heating throughout including basement
- 3,5 km to Marbella town
- Air conditioning hot and cold
- 6,5 km to Puerto Banús
- Sauna and gymnasium
- Heated swimming pool
- Cherry wood carpentry
62
A stunning property located within an established and prestigious residential area at the foothills of the Marbella mountains and at a short drive to both Marbella, Puerto Banús and the beach. This elegant property with Andalusian charm, boasts spacious living areas, the finest materials and breathtaking panoramic views of the Mediterranean coast.
Golden Mile
UNIQUE CLASSICAL MANSION IN SECURE ESTATE La Quinta de Sierra Blanca Ref: DM3485-01 5
5
1.621 m
2
This unique home in Sierra Blanca features colonial architecture blended with Baroque Andalusian/Spanish elements and is an exquisite, one-off villa. A spectacular residence with five sumptuous bedroom suites, the lush garden features a swimming pool with fabulous sea views, while the finest materials and handcrafted workmanship are employed throughout.
Price on Application
3.806 m
2
PROPERTY FEATURES: - Located at the foothills of Sierra Blanca
- Entertainment room, cinema and bodega
- Roman, baroque, gothic and mudejar style
- Pool pavilion with chill-out area
- Panoramic sea and mountain views
- Under floor heating throughout
- South facing orientation
- Air conditioning
- Manicured garden
- Solar energy
63
Golden Mile
MAGNIFICENT VILLA IN DISTINGUISHED ADDRESS Marbella Hill Club Ref: DM2096 6
6
1.278 m
2
315 m
4.795 m 1
2
2
PROPERTY FEATURES: - Elegant residence with south orientation
- Heated swimming pool with pool pavilion
- Situated between Marbella and Puerto Banús
- Immaculate French-style garden
- Panoramic views from both levels
- Stunning entrance hall/reception rooms
- Very private
- Under floor heating throughout
- Generous covered and open terraces
- Two-car garage plus ample drive
64
Price 4.950.000 €
From the restrained beauty of its solid and elegant façade to the graceful ambiance of its light-filled living space, this home conveys a sense of warmth and sophistication that is sure to delight. Superb materials, expert ornamentation and beautiful finishes are the hallmark of this inviting residence.
Golden Mile
ELEGANT RESIDENCE WITH PANORAMIC VIEWS Marbella Hill Club Ref: DM4072 5
5
1.200 m
2
This imposing residence is located within a sought after residential area at the foothills of the Marbella mountains. Beautifully designed, the property boasts stunning sea views and has been built with great attention to detail and excellent materials. An ideal setting within a short drive to both Puerto Banús, Marbella and all types of services.
Price 6.600.000 €
3.131 m
2
PROPERTY FEATURES: - Hilltop mansion with stunning panoramic views
- Water and gas under floor heating
- 3,5 km to Marbella centre
- Air conditioning hot and cold
- 6,5 km to Puerto Banús
- Sauna
- Quiet residential area with security barriers
- Fully fitted Miele kitchen
- Heated swimming pool
- Five-car garage port
65
Golden Mile
Magnificent property IN SOUGHt AFTER LOCATION La Quinta de Sierra Blanca Ref: DM4038 9
9
2.438 m
2
Price 23.300.000 â‚Ź
10.434 m
2
PROPERTY FEATURES: - Outstanding in every aspect
- Highest quality specifications
- 5 km to Marbella town
- Total privacy
- Prestigious gated community
- Spa area, sauna, gym
- Extensive flat plot at the foot of La Concha
- Games room, bodega
- Luxuriosly appointed
- Extensive mature gardens
66
This outstanding nine-bedroom mansion is one of the finest in Marbella, located in the exclusive Quinta de Sierra Blanca. The villa stands on over a hectare of land, offering elegant indoor and outdoor living spaces, not to mention entertainment areas and a private professional studio. Refined taste and noble materials make this a Marbella home that stands out.
Golden Mile
STYLISH HOME IN PRESTIGIOUS ADDRESS Marbella Hill Club Ref: DM4114 7
7
605 m
2
Elegant villa with sea views, recently reformed, located in the sought-after residential estate of Marbella Hill Club on the Golden Mile approximately 2 kms from Marbella centre and Puerto Banús. The grounds also comprise a small studio with bedroom and shower. There is the possibility to develop an additional house on the plot.
Price 5.500.000 €
4.950 m
2
PROPERTY FEATURES: - Located in secure gated community
- Small apartment in the grounds
- Close to Marbella centre and
- Possibility of developing second house
Puerto Banús
- Views to the coast from upper level
- Recently refurbished
- Hot and cold air-conditioning
- Double height ceilings in entrance
- Large outdoor parking area
67
Golden Mile
Exceptional living in prime location Sierra Blanca Ref: DM3125-02 5
5
820 m
2
Recently completed and ready to move into, this spectacular modern villa is conveniently located in one of Marbella’s most prestigious locations, a soughtafter residential area with 24 hour security just a couple of minutes’ drive from the centre of town, beaches, schools and all services. An ideal family home to enjoy year-round comfort and quality of life.
Price 3.900.000 €
92 m
1.470 m
2
2
Practical layout over three levels which has been thoughtfully designed with utmost attention to detail, finely appointed with high quality materials and the latest home technology. Spacious rooms throughout the house, enhanced by high ceilings and an elegant palette of soothing neutral decoration. Master suite on top floor with terrace and beautiful sea views.
The sleek lines of the large covered porch create a seamless flow between inside and out, with different seating and dining areas leading to the immaculate garden and pool with wooden deck. The basement also includes two versatile empty rooms that may be turned into a gymnasium, cinema room or an additional bedroom.
DISTANCES:
PROPERTY FEATURES: - Stunning home ready to move into
- SieMatic kitchen with Neff appliances
- 7 km to Puerto Banús
- Ideal home for year-round living
- Iroko wood carpentry with double glazing
- 2,8 km to Marbella town
- Mountain and garden views
- Home automation system
- 2,7 km to the beach
- South facing
- Air conditioning hot/cold
- 53 km to Málaga airport
- Marble and wood floors
- Spacious four-car garage
68
Golden Mile
69
Golden Mile
ELEGANT VILLA IN PRESTIGIOUS LOCATION Sierra Blanca Ref: DM0185 7
7
933 m
2
1.696 m
200 m
2
2
PROPERTY FEATURES: - Elegant villa in gated, secure community
- Electric blinds
- Sea and garden views, close to the beach
- Home automation system
- Garage for three cars
- Air conditioning and under floor heating
- Alarm system
- Marble flooring
- Heated salt water swimming pool
- Basement with spa area/staff accommodation
70
Price 5.500.000 â‚Ź
Impressive south facing villa situated in the exclusive area of Sierra Blanca, a short drive to the beach and centre of Marbella. Built over three levels, this beautifully refurbished residence has garden and sea views. The master bedroom includes dressing room and terrace with sea views. The house also features a domotic home automation system.
Golden Mile
MARVELLOUS VILLA WITH SEA VIEWS Sierra Blanca Ref: DM3776-03 7
8
1.082 m
2
Located in one of Marbella’s most sought after residential areas, this impeccable and sunny villa was recently rebuilt with great attention to detail. Its elevated position allows beautiful views across the surrounding area to the Mediterranean Sea and its proximity to Marbella have made this area highly popular among those seeking tranquillity and security.
2.200 m
2
Price 4.900.000 â‚Ź
PROPERTY FEATURES: - Gorgeous villa with sea views
- Extensive entertainment room
- Marbella town centre only 3 km away
- Irrigated mature garden
- Prestigious residential area
- Heated swimming pool
- South facing orientation
- Under floor heating throughout
- Fully fitted kitchen
- 24-hour security
71
Golden Mile
CHIC MODERN LIVING IN PRIME LOCATION Sierra Blanca Ref: DM3740 7
7
200 m
1.952 m
1.378 m
2
2
2
Contemporary house with sea views, elegant style and impeccable decoration set in one of the most desirable areas in the Golden Mile. Bright and open, the accomodation is distributed over 3 levels with an ample living area perfect for entertaining. The space also extends out onto the terrace and deck, surrounded by a landscaped garden with pool.
PROPERTY FEATURES: - Sought-after address
- Cinema room
- 5 km to Marbella centre
- Heated indoor pool
- 24-hour security
- Gym and sauna
- Stunning views
- BBQ area
- Guest apartment
- Two kitchens
Price on Application
72
Golden Mile
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Golden Mile
outstanding luxury villa Sierra Blanca Ref: DM3651 5
6
440 m
2
1.253 m
55 m
2
2
PROPERTY FEATURES: - Prestigious residential area
- Heated swimming pool
- 2,7 km to Marbella centre
- B&O music system, cinema room
- 24-hour security
- Under floor heating throughout
- Very private
- Two-car carport
- Immaculately presented
- Fully fitted kitchen
74
Price 3.500.000 â‚Ź
Outstanding luxury villa with comfortable layout, situated in one of the most sought after residential areas in the Golden Mile. Conveniently located within a short drive to the centre of town and Puerto BanĂşs. The property is surrounded by a mature well-kept garden with gazebo and large heated swimming pool.
Golden Mile
Impeccable and elegant home Sierra Blanca Ref: DM3730 5
4
561 m
2
Beautiful villa in a prestigious secure location, combining an elegant Mediterranean style with contemporary materials to create a welcoming atmosphere. Built to the highest standards and surrounded by lush tropical gardens with stunning sea and mountain views. Large open plan living/dining room room with vaulted ceilings. A lift connects the three levels for added comfort.
Price 3.499.000 â‚Ź
1.546 m
2
PROPERTY FEATURES: - Prestigious address with 24-hour security
- Sold fully furnished, ready to move into
- 3,4 km to Marbella town
- Bedrooms in all floors
- Fitted kitchen with cozy breakfast area
- Bang & Olufsen sound system
- Spacious master suite with sea views
- Air conditioning, under floor heating
- Heated outdoor swimming pool
- Two-car garage, outdoor parking in driveway
75
Golden Mile
IMPOSING MANSION WITH STUNNING VIEWS Sierra Blanca Ref: DM4199 7
8
1.922 m
2
This imposing mansion was constructed to the highest standards using top quality materials. Situated on one of the best plots in the area, the property offers commanding panoramic views of the Mediterranean coast. The main house is distributed around a central courtyard with a fountain. The lounge, the sitting room with fireplace
Price 13.850.000 €
116 m
4.246 m
2
2
and the dining area are on the central part of the house facing south and enjoying the views of the sea and the surroundings. In the western wing there is a formal dining room and a fully fitted kitchen with central-island, equipped with Gaggenau appliances and breakfast corner, separate service entrance, pantry and office.
The master bedroom is situated in the front part of the house and offers a large covered terrace with wooden beamed roof and far reaching sea and coastal views. The master suite also comprises a dressing room and a bathroom with both Jacuzzi and shower. A very special property in one of Marbella’s premium areas.
DISTANCES:
PROPERTY FEATURES: - Impressive mansion with uninterrupted views
- Poolside pavillion
- 2,5 km to Marbella town
- Gated community with 24-hour security
- Garage for ten cars
- 7,5 km to Puerto Banús
- Exquisite materials throughout
- Gymnasium with sauna
- 53 km to Málaga airport
- Separate guest house
- Wine cellar
- 2,4 km to nearest beach
- Staff apartment
- Marble and terracotta flooring
76
Golden Mile
77
Golden Mile
Classic villa WITH SEA VIEWS Sierra Blanca 7
6
2
628 m
Ref: DM3811 Price 2.950.000 €
2
2.072 m
- Prime location with 24-hour security
- Main villa with five bedrooms
- Electric shutters
- 5 km to Marbella centre and beaches
- Separate one bedroom guest house
- A/C, under floor heating
- Extensive flat plot with mature gardens
- Independent staff quarters
- Large garage
Fantastic PRIVATE villa Cascada de Camoján 5
5
602 m
2
2
1.794 m
2
203 m
Ref: DM3701 Price 3.200.000 €
- Within residential area with 24-hour security
- Large terraces on top and ground levels
- Wooden floors in dining room and lounge
- 2,4 km to Marbella centre
- Spacious master suite
- Air conditioning hot/cold
- Sea and mountain views from first floor
- Great quality construction
- Poolside changing room and bathroom
78
Golden Mile
MAGNIFICENT VILLA IN GATED COMMUNITY Cascada de Camoján 5
4
2
646 m
Ref: DM3933-01 Price 2.695.000 €
2
1.082 m
- Villa in prestigious address
- Fully equipped kitchen
- Solar panels
- Gated with 24-hour security
- Wine cellar
- Alarm system with security cameras
- Garden, mountain and sea views
- Four-car garage
- Sauna and gymnasium
BRAND NEW HOUSE IN GATED COMMUNITY Cascada de Camoján 5
4
538 m
2
Ref: DM3933 Price 2.245.000 €
2
1.035 m
- Villa community with 24-hour security
- Air conditioning
- Garage for four cars
- Garden with sea views
- Home automation system
- Wood burning fireplace
- Under floor heating
- Pool with electric cover
- Electric shutters
79
Golden Mile
BRAND NEW CONTEMPORARY VILLA Cascada de Camoján Ref: DM4025 5
6
1.400 m
2
5.302 m
480 m
2
2
PROPERTY FEATURES: - Spectacular views of Mediterranean coastline
- Modern Zen entrance
- Gated urbanisation with 24-hour security
- Double garage
- 2,2 km from Marbella centre and beach
- Panoramic elevator to all floors
- Master bedroom with private terrace
- Infinity pool with sea views on roof terrace
- Mature garden with heated swimming pool
- Spa-gym area with indoor pool
80
Price 9.800.000 €
This modern villa stands on a 5,000 m2 plot and offers spectacular views of the Mediterranean coastline encompassing North Africa, the Atlas Mountains and Gibraltar. Set within a gated urbanisation with a 24-hour security service and surveillance cameras, it is only 2,2 kms from both the centre of Marbella and the beach, and 7,7 kms from Puerto Banús.
Golden Mile
OUTSTANDING VILLA ON LARGE PLOT Sierra Blanca Ref: DM3776 7
7
1.817 m
2
Spectacular villa in one of the most sought-after and prestigious urbanisations in Marbella. Built on a double plot with sea views, it combines superior construction with luxurious amenities. Large wellkept garden with swimming pool an thatched-roof pool-house. The lower floor features a turkish bath, sauna, jacuzzi, gymnasium, cinema room and bar.
5.107 m
890 m
2
2
Price 15.900.000 €
PROPERTY FEATURES: - Spectacular villa in sought-after urbanisation
- Underfloor heating
- Approx. 3 km from centre of Marbella and beach
- Turkish bath and sauna, jacuzzi
- Puerto Banús approx. 7 km
- Fully equipped fitness centre
- Marble flooring
- Cinema room and bar
- Wooden floors in bedrooms
- Separate staff apartment
81
Golden Mile
UNIQUE CONTEMPORARY JEWEL Cascada de Camoján Ref: DM3365 8
8
1.844 m
2
A modern architectural jewel in one of the most prestigious residential areas of Marbella, this luxurious eight-bedroom property has all the amenities, views and refinement that you would expect from the very finest homes in this region. Set on almost an acre of private land in the gated villa community of Cascada de Camoján, the villa comprises a built
2.169 m
Price 6.900.000 €
630 m
2
2
area of 630m2 complete with beautifully detailed gardens and a truly panoramic lifestyle terrace. The latter features a wooden deck surrounding an intimate swimming pool from which to take in sweeping views across Marbella and its shoreline to Gibraltar – as well as mountain scenery bordering the property. An outdoor lounge
PROPERTY FEATURES:
with heating complements the outdoor dining and entertainment amenities, as does an interior that includes a modern state-of-the-art kitchen, a workout gym with inspiring sea views, two master suites with luxurious marble bathrooms, a private spa and six guest suites. A modern Marbella classic just made for entertaining in the finest style.
DISTANCES:
- Spectacular home with panoramic views
- Poggenpohl kitchen with dining area
- 8 km to Puerto Banús
- Prestigious address in the Golden Mile
- Two bed staff/guest duplex apartment
- 2,8 km to Marbella town
- Gated villa community with 24-hour security
- Gym, hammam and wellness area
- 3,2 km to the beach
- Two heated marble swimming pools
- Advanced home automation system
- 57,7 km to Málaga airport
- High tech features and materials
- Lift to all levels
82
Golden Mile
83
Golden Mile
A VILLA BORN FROM INSPIRATION Cascada de Camoján 6
6
2
712 m
Ref: DM4056-02 Price 4.500.000 €
1.091 m2
- Gated area with 24-hour security
- 9 km from Puerto Banús
- Sauna and turkish bath
- Recently completed to exacting standards
- Domotic system
- Guest bedrooms on ground floor
- 4 km from the beach and Marbella centre
- Miele and Gaggenau kitchen
- Underground parking for five cars
SOUTH FACING VILLA IN GATED COMMUNITY Los Picos 5
4
2
558 m
Ref: DM3926 Price 2.300.000 €
2
1.200 m
- Attractive home in small gated community
- Sea and mountain views
- Garage for two cars
- South-west orientation
- 3,5 km to Marbella centre
- Heated private pool
- Close to natural park and international school
- Games room, gym, wine cellar
- Under floor heating
84
Golden Mile
Beautiful villa in prestigious setting Balcones de Sierra Blanca 4
3
492 m
2
Ref: DM3332 Price 1.950.000 â‚Ź
2
812 m
- Partial sea views
- Great quality construction
- Air conditioning
- 1,8 km to Marbella town and beach
- Gaggenau kitchen
- Marble floors, electric blinds
- South orientation
- Private garden with pool
- Two-car garage
DUPLEX PENTHOUSE IN DISTINGUISHED BEACHSIDE ADDRESS Marina Puente Romano 3
3
215 m2
Ref: DM4220 Price 3.650.000 â‚Ź
2
110 m
- Charming apartment in unique setting
- South facing with sea, garden and pool views
- Fully fitted kitchen
- 50 m from the beach
- Spacious living areas
- Air conditioning
- Next to Puente Romano 5-star hotel
- Plunge pool on top floor
- 2 garage spaces and storage
85
Golden Mile
ELEGANT APARTMENT WITHIN GATED COMMUNITY Golden Mile 3
3
2
Ref: DM3954 Price 1.400.000 €
2
231 m
34 m
- 3,5 km to Puerto Banús and Marbella centre
- One heated communal indoor pool
- Extensive manicured gardens
- Stunning garden, pool and sea views
- Communal gymnasium and sauna
- One-car garage and storeroom
- South-east facing
- Three communal outdoor pools
- 24-hour security
PENTHOUSE IN EXCLUSIVE COMPLEX Golden Mile 3
3
Ref: DMD1269-11 Price 1.950.000 €
2
404 m
- 4 km from Puerto Banús
- 24-hour security
- Jacuzzi, hydro-massage bath tub
- 3,5 km to Marbella centre
- Air conditioning hot and cold
- Communal gardens and swimming pools
- South-west facing
- Under floor heating throughout
- Two parking spaces and storeroom
86
Golden Mile
MAGNIFICENT BEACH SETTING Marbella Town 4
Ref: DM3272 Price 1.850.000 €
2
4
327 m
- West facing apartment
- A few steps from the beach and promenade
- Tropical communal gardens
- Sought after complex
- Spacious terrace with garden view
- Two swimming pools
- Security guard at entrance
- All shopping/amenities at hand
- One-car garage space
SPLENDID DUPLEX PENTHOUSE Retiro de Nagüeles 3
3
2
312 m
Ref: DM3810 Price 1.390.000 €
2
59 m
- Panoramic sea views
- Master suite on top floor
- Alarm system
- 1,9 km to Marbella centre
- Oak parquet flooring
- Communal gardens and pool
- Luxury 16-unit complex
- Air conditioning hot/cold
- 2 garage spaces and storeroom
87
Golden Mile
SIX BEDROOM VILLA IN EXCELLENT LOCATION Las Lomas del Marbella Club 6
6
578 m2
Ref: DM3789 Price 2.250.000 €
1.094 m2
- Short drive to Puerto Banús and Marbella centre
- Fine marble flooring
- Designer bathrooms
- Prestigious gated community
- Under floor heating and air conditioning
- Basement with staff quarters
- Exceptional quality materials
- Video intercom
- Garage for two cars
Outstanding extensive home Altos Reales 8
6
2
839 m
Ref: DM3628 Price 2.850.000 €
2
1.620 m
- Prestigious gated community
- Perfect for a large family
- Wine cellar, gym and games room
- Wine cellar, gym and games room
- Two separate wings
- Air conditioning hot/cold
- Air conditioning hot/cold
- Heated salt water pool
- Ten-car underground garage
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Golden Mile
LUMINOUS DUPLEX PENTHOUSE Mansion Club 2
2
2
Ref: DM3874 Price 1.275.000 €
2
346 m
189 m
- South facing apartment
- Jacuzzi in master bedroom
- Two communal summing pools, one indoor
- Secure development minutes from Marbella
- Home automation system
- Communal fitness centre
- Marble flooring throughout
- Alarm and 24-hour security
- Underground parking space
Elegant villa in gated community Monte Paraíso Country Club 4
4
590 m
2
1.187 m
Ref: DM3968 Price 2.300.000 €
2
- Attractive family home
- Next to golf course
- Double glazed windows
- 2 km from Marbella centre
- Four-car garage
- Alarm system
- Sea views
- Electric under floor heating
- Marble flooring
89
Golden Mile
ATTRACTIVE GOLDEN MILE TOWNHOUSE Altos de Salamanca 4
3
398 m
Ref: DM4131 Price 540.000 â‚Ź
2
- Spacious townhouse in Marbella
- Large communal gardens and pool
- Double glazed windows
- Very convenient Golden Mile location
- Approx. 1,5 km from the beach
- Marble flooring
- Secure gated community
- Fireplace and air conditioning
- Private garage for four cars- Lutron
TOWNHOUSE IN IDEAL LOCATION Casablanca 3
3
Ref: DM4130 Price 650.000 â‚Ź
2
134 m
- Beachside townhouse in Marbella
- Garden and pool views
- Convenient and sought-after setting
- Prestigious Golden Mile location
- 200 m from the beach
- Two underground garage spaces
- Orientation to the south
- Close to shops and services
- Hot and cold air conditioning
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Golden Mile
EXCHANTING PROPERTY IN MARBELLA Lomas del Marbella Club Pueblo 3
256 m2
3
Ref: DM4175 Price 599.000 €
2
32 m
- West facing semi-detached house
- Short walk to beach
- Marble flooring
- Charming village-style complex
- 5 minutes from Puerto Banús and Marbella
- Communal area and swimming pool
- Close to Puente Romano Hotel
- Self-contained, independent apartment
- Onsite administration services
CORNER APARTMENT WITH SEA VIEWS Sierra Blanca 3
2
2
213 m
Ref: DM4004 Price 585.000 €
2
66 m
- Ground floor corner apartment
- Gated community with security
- Double glazed windows with electric blinds
- Panoramic sea views
- Two magnificent pools
- Lutron lighting control
- 5 minutes from Marbella centre and the beach
- Double garage and storeroom
- Marble floors throughout
91
Golden Mile
Palatial mansion in the Golden Mile Nagüeles Ref: DM3316-02 12
12
4.903 m
Grandiose residence situated in the heart of the Golden Mile, in one of its most consolidated and prestigious urbanizations, surrounded by opulent greenery and privacy within 3 minutes drive from Marbella centre. Its privileged position on an elevated plot assures privacy and panoramic views that spread across to Gibraltar and the African coast.
2
Price on Application
Classic elegance meets grandeur in this meticulously designed mansion with the finest materials and exquisite finishings, further refined with soaring ceilings and luxurious detailing including handcrafted moldings and woodwork, stately fireplaces, grand staircases, elegant chandeliers and French windows that flood the home with natural sunlight.
One of Marbella’s most unique estates, combining impeccable landscaping, superior construction and luxurious amenities to satisfy the most discerning client. Ideal as permanent residence and for entertaining to the highest standards. 4-car garage and generous outdoor parking for guests. Surfaces supplied by owner.
12.871 m
2
2
1.247 m
DISTANCES:
PROPERTY FEATURES: - Stunning sea views
- Cinema room, wine cellar
- 6,1 km to Puerto Banús
- Four living/reception rooms
- 96 m indoor heated pool
- 2,5 km to Marbella town
2
- 292 m outdoor heated pool
- Gym, sauna and massage room
- 2,4 km to the beach
- Eight suites in main house
- Top quality industrial kitchen, two lifts
- 59,2 km to Málaga airport
- Four suites in staff house
- Under floor heating and cooling system
2
92
Golden Mile
93
Golden Mile
SUPERB BEACHSIDE VILLA Golden Mile Ref: DM4202 9
9
1.474 m
A superb villa with sea views and unique design built to extremely high standards using the finest materials, situated in the beachside area of Marbella’s Golden Mile within a prestigious gated community. Located second line to the beach and walking distance from the centre of town, this exceptional home is very close to
Price on Application
1.800 m
2
2
a wide range of amenities and services. The spacious rooms flow together with a seamless connection to the outdoors with off-lounge covered terraces, ideal for al-fresco dining and a wonderful roof terrace featuring a private swimming pool and magnificent views of the sea and surroundings. The latest technology has been given
DISTANCES:
PROPERTY FEATURES:
- Exceptional beachside villa in prestigious location
- Under floor heating and air conditioning throughout
- 2 km to Marbella town - 7.3 km to Puerto Banús
- Gated residential community
- Heated swimming pool on ground floor
- Close to Marbella Club and Puente Romano
- Heated swimming pool on top floor
Hotels
top priority, with an intelligent automation system with manual or digitalized controls for the whole house. A garage for up to ten vehicles and a cinema room with bar and gymnasium complete a home where no detail has been overlooked. Without doubt this one of the best properties in the area.
terrace
94
- 54 km to Málaga airport
Golden Mile
95
Golden Mile
WONDERFUL DUPLEX PENTHOUSE Marbella Old Town Ref: DM4106 4
3
233 m
2
Price 1.100.000 € Price 2.450.000 €
47 m
2
PROPERTY FEATURES: - Duplex penthouse in Marbella Old Town
- Central patio with skylight
- Four ample bedrooms
- Steps from shops and restaurants
- Next to iconic Orange Square
- Fully renovated
- Close to the beach and all services
- Access to solarium with views
- Typical Andalusian architecture
- A short walk to seaside promenade
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This elegant property in the heart of the Old Town of Marbella is in one of the charming streets next to the famous Orange Square. A spacious duplex penthouse with central patio, skylight and access to a solarium with views of the Old Town’s rooftops, church and La Concha mountain, surrounded by flowerfilled balconies.
Golden Mile
STYLISH APARTMENT IN DON GONZALO Marbella Town Ref: DM3354-01 4
4
378 m
Price 2.900.000 â‚Ź Price 2.450.000 â‚Ź
2
This stylish and elegant apartment in one of the most sought-after luxury complexes in central Marbella has recently been totally refurbished to an exceptional standard. West facing with views to the lush tropical gardens, this property is sold fully furnished and decorated by a top interior designer.
PROPERTY FEATURES: - Newly reformed 3rd floor apartment
- Two garage spaces in underground parking
- Beachside development in Marbella
- Air conditioning with heat pump
- West facing with garden views
- Aluminium double glazed windows
- Two swimming pools and communal gardens
- Marble flooring
- Walking distance to Marbella centre
- Under floor heating throughout
97
East Marbella
STUNNING WATER FRONT ESTATE IN MARBELLA EAST Las Chapas Ref: DM4074 7
8
800 m
2
Price 8.900.000 â‚Ź
4.000 m
2
PROPERTY FEATURES: - Luxurious villa frontline beach
- Extensive private garden
- Unmatched sea views
- Heated swimming pool with massage
- Fully equipped kitchen
- Outdoor jacuzzi
- Private 18 hole putting green
- Parking space for six-seven cars
- Gazebo with Bulthaup kitchen, BBQ and bar
- Air conditioning
98
Truly spectacular frontline beach villa in Las Chapas, Marbella East. No expense has been spared to create this luxury beachside mansion, including a professionally designed 18-hole putting green. The heated swimming pool features Jacuzzi and jetstream with an adjacent outdoor kitchen fully fitted with Bulthaup appliances for the ultimate in al fresco dining.
East Marbella
PERFECT VANTAGE POINT Hacienda Las Chapas Ref: DM4207 7
7
701 m
2
Amazing panoramic views distinguish this large villa situated on an extensive elevated plot in a consolidated luxury residential area. Refurbished to the highest standards, perfectly blending modern luxuries and traditional charm. It has a practical layout on two levels and sensational outdoor areas, perfect for family life and entertaining within easy reach of all amenities.
Price 3.670.000 â‚Ź Price 2.450.000 â‚Ź
4.119 m
2
PROPERTY FEATURES:
- Prestigious address in East Marbella
- Kitchen with Miele and Neff appliances
- 2.2 km from the beach
- Guest accomodation
- Panoramic sea views
- Self-contained staff apartment
- Short drive to shops and amenities
- Salt water swimming pool
- Extensive landscaped garden
- Pool house with kitchen, sauna and jacuzzi
99
East Marbella
VILLA IN ELEVATED POSITION WITH AMAZING VIEWS Cerrado de Elviria Ref: DM4205-02 4
4
373 m
2
1.000 m
92 m
2
2
PROPERTY FEATURES: - Charming villa with amazing sea views
- Garage
- Approx. 9 km from Marbella, 2.5 km from beach
- Sonos sound surround system
- Aluminium double glazed windows
- Landscaped terraced gardens
- Under floor heating on ground floor
- Interior courtyard with fountain
- Air-conditioning hot and cold
- Traditional Andalusian balcony
100
Price 1.950.000 â‚Ź
Cerrado de Elviria is a great location with sea and mountain views, shops, restaurants and bars close by. This elegant villa is presented in a contemporary style but with a charming traditional courtyard featuring a modern fountain. With great views over the pool and chill-out area, this is a charming family home.
East Marbella
MODERN FAMILY HOME Hacienda Las Chapas Ref: DM4205-01 5
5
737 m
2
Exceptional modern villa with panoramic sea views set on a double plot just 2,2 kilometres from the beach in east Marbella. The off-lounge terrace is partially covered with outdoor dining area and relaxation zone, and leads down to an impeccable lawn with heated swimming pool and a poolside pergola.
Price 4.900.000 â‚Ź Price 2.450.000 â‚Ź
3.300 m
2
PROPERTY FEATURES: - Modern villa in Marbella East
- Heated pool with electric cover and jetstream
- Panoramic sea views
- Internal and external alarm system
- Extensive south facing plot, very private
- Outdoor parking, carport and garage
- Under floor heating throughout
- Video entry phone
- Surround sound music system
- Solar panels
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East Marbella
Beachside modern villa Las Chapas Ref: DM1621 7
6
408 m
2
Price 2.900.000 â‚Ź
1.500 m
2
PROPERTY FEATURES: - Second line beach with sea views
- Attic with panoramic views
- 7 km to Marbella town
- High specifications throughout
- Exceptional design
- Basement with great potential
- Luminous and spacious home
- A/C and under floor heating
- Free-flowing plan
- Two-car underground carage
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A fantastic location, just a few steps from the beach and 12 minutes drive to Marbella. This stunning property boasts unique and sophisticated architecture, designed to emphasize light and space in a free-flowing, yet logical floor plan. A large basement offers multiple possibilities for a gym, games/tv room or additional bedrooms with natural light and garden access.
East Marbella
Contemporary beachfront residence Los Monteros Ref: DM2943 6
6
619 m
2
Unique frontline beach villa within the exclusive residential area of Los Monteros, with 24- hour security, the 5 star Los Monteros hotel and the renowned La Cabane beach club. Designed with exquisite attention to detail, incorporating highest quality features. Expansive split-level living room leading to a spacious covered terrace with fireplace and stunning sea views ideal for entertaining.
123 m
1.620 m
2
2
Price 11.000.000 â‚Ź
PROPERTY FEATURES: - Prestigious address with 24-hour security
- Fully fitted Bosch kitchen
- 6,5 km to Marbella town
- Staff bedroom private access
- Direct access to the beach
- Under floor heating
- Grandiose reception areas
- Perimeter alarm, electric shutters
- Master and guest suite on top floor
- Home automation system
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East Marbella
ATTRACTIVE VILLA with sea views El Rosario 5
409 m2
3
Ref: DM4090 Price 1.499.000 €
2
1.191 m
- Lovely south facing villa
- Pre-installation for air conditioning
- Alarm system
- Sea views from all the levels
- Fireplace in the living room
- Cinema room
- Under floor heating throughout
- Two-car carport
- Fitness area
BEAUTIFUL VILLA IN ELEVATED POSITION El Rosario 6
6
2
581 m
Ref: DM3703 Price 2.550.000 €
2
1.001 m
- Family villa in well-established area
- Marble flooring
- Wine cellar
- Short drive to the beach
- Alarm system
- Private garden and pool
- Sea views
- Storage, laundry and utility room
- Garage for two cars maculately
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East Marbella
Style and comfort in sought-after address Hacienda Las Chapas 8
8
2.000 m
741 m
Ref: DM3684 Price 2.500.000 €
188 m2
2
2
- Immaculately presented
- Top quality materials
- Security system with cameras
- 12,8 km to Marbella town
- Amazing chill-out with sea view
- Electric shutters, solar panels
- Tranquil area with 24-hour security
- Large master suite on top floor
- Air conditioning, central heating
beachside villa in east marbella Bahía de Marbella 5
5
2
960 m
Ref: DM3964 Price 3.300.000 €
2
1.800 m
- South facing villa
- Heated swimming pool
- Air conditioning hot and cold
- Approx. 5,5 km to Marbella Old Town
- BBQ area with a nice fountain
- Under floor heating throughout
- 600 m from the beach
- Games room, gym area and wine cellar
- Fully fitted kitchen
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East Marbella
PERFECT RETREAT IN BEACHFRONT DEVELOPMENT Los Monteros Playa 3
3
Ref: DM3819 Price 1.290.000 €
197 m2
- Luxury apartment in frontline beach complex
- South facing with garden views
- Siemens kitchen with eat-in area
- Gated commnity with 24-hour security
- Tropical gardens and pools
- Air conditioning
- 6 kms from Marbella town
- High quality specifications
- Two garage spaces and two storages
FRONTLINE GOLF APARTMENT Río Real 3
3
Ref: DM3923 Price 565.000 €
2
195 m
- Spacious apartment in gated complex
- Communal gardens and pool
- Air conditioning
- Golf, sea and mountain views
- Fully fitted kitchen
- Reduced mobility access
- Walking distance to the beach
- Marble flooring
- Parking space and store room 106
East Marbella
BEACHFRONT VILLA Costabella 6
4
2
382 m
Ref: DM3914 Price 2.995.000 €
176 m2
2
820 m
- Modern style villa in Costabella
- Under floor heating
- Sonos wireless sound system
- Approx. 13 km from Marbella, 21 km from Puerto Banús
- Automated air-conditioning
- LED lighting
- Solar panels for hot water
- Oak wood flooring
- Aluminium exterior carpentry
NEW BEACHSIDE MODERN VILLA Los Monteros 4
4
2
163 m
Ref: DM4125 Price 1.490.000 €
2
830 m
- Modern villa in prestigious address
- Due for completion September 2018
- High standard build with top quality materials
- Approx. 200 m from the beach
- Beautiful views
- Private garden and pool
- 15 km from Marbella centre
- Master bedroom with private terrace
- Outdoor parking for one car- South facing villa
107
East Marbella
OUTSTANDING VILLA With commanding views Elviria Ref: DM4077 7
7
613 m
2
187 m
1.019 m
2
2
PROPERTY FEATURES: - Fabulous villa with panoramic views
- Cinema room
- Gated community
- Games room
- Approx 3 km from Elviria Commercial Centre
- Under floor heating throughout
- Heated swimming pool
- Sonos sound system
- Gym/sauna/hammam
- Private garage for one car
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Price 1.495.000 â‚Ź
This traditional style villa enjoys wonderful panoramic views from its hilltop location. The layout includes an entrance hall leading to a closed courtyard with fountain. This space is shared by bedrooms with en-suite bathrooms, fully fitted kitchen with central island, and separate dining room and a lounge with a fireplace.
East Marbella
CONTEMPORARY DESIGN VILLAS Santa Clara Ref: DMD1359 3/4
3/4
350 m2 557 m2
These stunning new villas are set within a golf resort in Marbella east and offer exceptional views to the golf course and sea. Designed by renowned architects they feature attention to detail, high quality materials throughout and spacious terraces from which to enjoy the Marbella lifestyle to the full. All have their own saltwater swimming pools.
739 m2 1.286 m2
86 m2 105 m2
Price 1.320.000 € - 1.567.500 €
PROPERTY FEATURES: - Located in East Marbella
- Double glazing
- Top golf course within the estate
- Solar panels for hot water
- 5,8 km to Marbella centre
- Home automation and alarm systems
- 13,1 km to Puerto Banús
- Salt-water swimming pool
- Landscaped gardens with irrigation
- Wooden flooring in bedrooms
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110
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THE
WEALTH REPORT Global wealth trends summarised
The 2018 Knight Frank Wealth Report is upon us. The latest edition of a market-leading survey that tracks the movements of wealth creation, capital flows, market trends and also consumer and investment patterns among the world’s Ultra High Net Worth individuals. By Michel Cruz In this edition the good news is that the world economy is set for a promising year, building on the recovery mode of the past few years to gather momentum in 2018 and offer expected growth rates of 3.7% globally and 2% in Europe. Growth in the Euro Zone is picking up and has surpassed that of the UK, where Brexit is slowly beginning to bite. The greatest worries on the immediate horizon are geopolitical in nature, ranging from terrorism and political instability in different parts of the world to mass immigration flows and the rise of populism.
remain at unhealthy levels, while the credit burden created by China’s growth phase earlier in the decade, which played a large role in saving the world from a deeper recession, could actually be the next crack in the wall. According to Niall Ferguson, Professor of Financial History
According to some, there are signs that there is a ‘backlash against the backlash’; in other words, that populism is on the wane, but in addition to politics there are medium-term danger signs that are more financial and economic in their make-up, and which could signal the end of the growth cycle we are now in. Economists warn that having come out of the recovery phase stimulated by net negative interest rates and quantitative easing, and having emerged into an unadulterated yet moderate growth cycle, the next recession will be upon us within a few short years. Few expect it to be as intense as the Great Recession of the recent past, but corporate, public and also private debt 112
at Stanford University and key interviewee in this edition of Knight Frank’s Annual Wealth Report, “…what we’re moving into next, perhaps, is a new pre-crisis period.” Interest rates will edge up and inflation will rise among a tightening of monetary
policy and accompanied with it the greatly reduced scope of economic stimulus packages. That said, 2018 will continue to be a good time for UHNWIs, just as 2017 was, with solid growth in their numbers and their wealth – a situation further bolstered by a new tax regime in the US. Combined with higher local tax rates and/or legislative obstacles to foreign property purchases in places like London, Hong Kong, Switzerland and soon possibly New Zealand, this has led to a shifting pattern in global capital flows. These are increasingly stemming from wealth outflows from China and to a lesser extent Russia and Latin America, and should see inflows into the USA, Australia and parts of Europe, which offer varied combinations of fiscal benefits and/or the attraction of security.
What it means for us Spain ranks among the most popular international destinations for this investment, especially among other Europeans and among Latin Americans, for whom the security offered by the country is an especially important reason for moving at least some of their assets away from their home region. The result is rising investment in Madrid – which will have a good 2018 – and a cooling off of the market in Barcelona, with the Costa del Sol performing strongly in a global market that continues to see real estate rank second among asset classes with the well-heeled. This is true of residential, commercial, second home and selected retail categories of the market, which are seen as offering tangible land-linked assets along with some of the best returns available right now. Interest rates remain historically low and Spain is in a good position to join centres such as Paris, Dublin, Frankfurt, Berlin and Amsterdam in drawing capital from Russia, Asia, the Middle East, Latin America and also the USA, where rising interest rates and inflation are expected to bolster the dollar against the euro by the end of the year. Crypto currencies remain marginal to the global real estate market as of yet, but
it is believed that block chain technology will soon begin to make an impact on this and other sectors, enabling faster, smoother international transactions. There is already a move towards incorporating block chain technology into legal and financial structures, and if tokenised investment takes off, it could have a marked impact on the property sector and associated price shifts. The danger is that it could make a sector already prone to speculation even more vulnerable, and the authorities will include this among the reasons for
wanting to control and regulate major capital flows, whether conventional or through block chains. For the greater part, though, we can look forward to a solid year of growth, particularly if you are active within the luxury segment of the market, and plan for success while remaining prudently cautious about the medium term prospects of a world economy that for now is gathering pace quite nicely. The message, then, is be confident yet not over-indulgent.
Please contact DM Properties for a copy of the 2018 Wealth Report. 113
Global reach After 30 years of specialising in quality Marbella real estate and building a reputation for efficiency, professional ethics and local market expertise, Diana Morales Properties now also adds the international reach and impact of Knight Frank – combining personal boutique agency service with the resources and networks of a global property leader.
has grown to become the world’s largest privately owned global property agency and consultancy. Indeed, Knight Frank is the leading independent real estate consultancy providing an integrated prime commercial and residential offering. The global headquarters are still based in London, but today Knight Frank is truly international, with over 411 offices spanning five continents and a total of more than 13,600 real estate professionals. Knight Frank has built its name on offering the highest standards of quality and integrity in global residential and commercial property advisory services.
In 2015 DM Properties joined forces with Knight Frank to become its sole representative in Southern Spain. In doing so, DM Properties is further enhancing the valuable local and international networks and alliances it has built up over several decades, now extending them with the authoritative market research, professional partnerships and worldwide reach of Knight Frank – a name that resonates firmly in the global residential, commercial and retail segments.
The firm publishes industry-leading market reports and global trend studies that are eagerly awaited by professionals across the world, and Knight Frank experts consult not only real estate firms but also investment funds, banks and large corporations. In all, it handles over $1 billion worth of property transactions each year in segments ranging from residential and commercial to retail, tourism sector, industrial, warehousing and even agricultural assets.
From local to global Originally founded as a valuations, surveying and auction specialist firm by John Knight, Howard Frank and William Rutley in 1896, the company
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DM Properties Knight Frank DIANA MORALES /PROPERTIES / Knight frank Thanks to the collaboration between Diana Morales Properties and Knight Frank, a highly esteemed Marbella boutique agency with longstanding international connections has gained further reach around the world – something it puts entirely at the disposal of its clients, be they vendors, investors or home buyers. The coming together of the two companies signals a further dedication to quality, service and professional real estate standards in Marbella.
Matching the global expertise of Knight Frank with the unrivalled local know-how of Diana Morales Properties is the ideal blend for effective service in the luxury property segment of Marbella. The alliance between these two strong brands brings together two companies with a very similar passion for quality, detail and service, along with the desire to develop modern skills whilst remaining loyal to classic business ethics, discretion and integrity. IMPORTANT NOTICE
1. The particulars are believed to be correct but their accuracy is not guaranteed nor do they form part of any contract. No responsibility or liability whatsoever can be accepted by DMP REALTY S.L for any errors or for any loss or damage resultant from the use of or reference to the contents of this document. 2. Prices exclude all purchasing costs and taxes. 3. You must take independent advice and satisfy yourself by appropriate inspections, surveys, searches and enquiries about all matters relating to any property, including the correctness and completeness of any information. 4. Computer-generated images are indicative only. Photographs show only certain parts of any property as they appeared at the time they were taken. 5. Intellectual property: Copyright 2018. All rights reserved. 6. DMP REALTY S.L is a limited liability company registered in Spain with registered number B29881455 and registered office at Avda. CĂĄnovas del Castillo 4, 1st Floor, office 3, Marbella 29601, Malaga, Spain.
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