The centre of Marbella is divided into three main areas: The Old Town, its surrounding urbanised area and The Golden Mile, joining Marbella to Puerto Banus.
This area of the Costa del Sol is renowned for its opulence and famous residents since the 1960s and continues to draw people to its fine sandy beaches, varied restaurants and trendy bars. It isn’t only a popular destination for the rich and famous however, Marbella is also home to an assortment of residents, both local and expats, who live and work in and around the town.
Reasonably priced 2 bed apartments for sale can be found as low as €65,000, whilst luxury apartments on high-end developments can be purchased for around €2,800,000. Meanwhile, 2 bed detached villa homes for sale can start anywhere in the region of €310,000, up to and upwards of €4,300,000, depending on the location and specifications.
The Old Town of Marbella is steeped in history, with its ancient city walls and the idyllic Plaza de los Naranjas, which is a wonderful example of Castilian Renaissance design, making this a charming and popular area to live and visit within Marbella.
For those on a lower budget, there isn’t a lack of lovely apartments in the areas surrounding the old town, offering charm, convenience and a more authentic Spanish environment to live in. There are ample local schools, parks and all the amenities and facilities available to residents and their families, with the enticing bonus of an enviable climate and being situated near the sea.
The Golden Mile is home to a variety of beautiful and indeed, some jaw-dropping properties, giving Marbella its exclusive status. This area stretches from the west of Marbella centre to Puerto Banus. Along its 6km of road, there is an array of shops, bars, hotels, restaurants and luxurious homes and villas, including King Fahd’s palace. Nestled in between these high-end homes and hotels, there are also more affordable developments where a mixture of permanent and semi-permanent foreign and local residents live and work.
Marbella earns its reputation for being a desirable location to visit, work, party and holiday, by offering something for everyone. It is therefore no real surprise that property investors and expats continue to choose this area of Spain as a worthwhile and long-term investment.
Latest Properties for Sale in Central Marbella
The Golden Mile Penthouse
- 4 3 0 m2 168 m2 €500,000
- 4 4 60 m2 176 m2 €389,900
Marbella Top Floor Apartment
- 2 1 0 m2 120 m2 €379,000
Marbella Middle Floor Apartment
- 2 2 0 m2 145 m2 €400,000
The Golden Mile Townhouse
- 5 4 0 m2 403 m2 €1,995,000
Marbella Middle Floor Studio
- 1 1 0 m2 50 m2 €190,000