A recent property poll once again confirmed that when it comes to luxury homes, the Costa del Sol tops the list in Spain. In fact, out of the top-ten addresses in the whole country, five were located in Marbella and Benahavis, with the remainder to be found in Madrid and Mallorca. This means that the Costa del Sol leaves behind even the high-end destinations of Ibiza and world class city such as Barcelona.
Topping the list is Benahavis, and more precisely the highly prestigious gated country club of La Zagaleta, where the average property value is just over €7 million. There is only one place higher on the list and that is Calle Sant Carles in the Mallorquin municipality of Calvià, where the median property value is just over €1,000 higher than at La Zagaleta.
From the country mansions of this residential country club with its strict gated policy to Calle Mozart in Marbella’s Sierra Blanca – a luxurious villa suburb in the hills just above Marbella town – and the highly select gated community of Cascáda de Camoján, immediately to the east of it, the Costa del Sol takes places two to four on the list of most prized property in Spain.
Sierra Blanca’s top street even beats the Golden Mile, with an average property price of just under €6 million, while the norm among the villas in Cascada de Camoján is €5.444,000. The fifth and sixth spots on the list can be found in Madrid – Paseo de los Lagos in Pozuelo de Alarcón and Paseo del Conde in Los Gaitanes, within the famous suburb of La Moraleja. Here the prices are on average €5,25 million and just under €5 million.
Spain’s top luxury location
Madrid also takes ninth place, but in seventh spot is Calle Cañete in Marbella, or more specifically, among the luxurious villas set upon large private plots in Rocío de Nagüeles, on the lower west side of Sierra Blanca. Here the average villa fetches just under €4,9 million, while the overall average for Sierra Blanca makes it to number ten on the list, at €4,75 million.
This beats the best of Catalonia (€4,2 million), the region of Valencia (over €3 million), the Canary Islands (€2,8 million), the Basque region (€1,5 million) and Cantabria (€1,3 million). In Castilla La Mancha, the average price in the most expensive address is a lot lower still, at €353,000, while even in Navarra it doesn’t reach half a million euros.
Beautiful as these places are, they don’t have the prestige, properties, views and luxury services of the Costa del Sol, where Marbella and Benahavis are not just the local jewels in the crown, but also lead the entire country’s luxury property segment.
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