Marbella East is a part of the most well known city on Costa del Sol since the 70's and continue to be a magnet for tourism, investment and expats. Marbella East Covers the area East of the city centre, with many smaller cities within, such as Los Monteros
, Las Chapas
and many more. If you are considering to buy a villa or buy an apartment in Marbella East, you are spoilt for choice. Over the last 40 years there has been a constant flow of new construction of all kind of villas, townhouses and apartments, in all price ranges.
Prices are average for the area, except for the apartments for sale at the beachfront which are slightly above average. Marbella
has a lot to offer, culturally, gastronomically and nightlife! Every year Marbella host a great music festival Starlite
, at the foothill of the mountains behind Marbella next to the exclusive Sierra Blanca
neighbourhood. In the centre it is also possibly to visit the fantastic charming old part of Marbella
. The atmosphere here can make you forget you are in one of most popular European vacation destinations. Administrative issues and cancellation of building permits has been the reality from 2012-2018. As a consequence, very few building permits being granted in Marbella East. Because of this, there is very little new construction in Marbella East.
Buying an apartment in Marbella East is often a very good investment, as the demand for renovated apartments is very high. International reputation keeps the prices at a high and stable level. If you want to buy an apartment, it is important to do a bit of research about the areas. Teaming up with a professional agent to avoid any pitfalls will always be an advantage. Apartments for sale in Marbella East vary a lot in price, depending on quality and location.
A 2 bedroom apartment which is not in the luxury areas or beachfront starts around 175.000€, and continues towards 1.000.000 €. The starting price for a luxury or beachfront apartment is around 400.000 in the area of Elviria. In Los Monteros, the starting price is closer to 1.000.000 €. The price for a large 3-4 bedroom apartment for sale with panoramic views is about 1.500.000 - 4.000.000€. Majority of the many apartments for sale in Marbella East costs between 400.000€ - 1.000.000€.
If you are dreaming to buy a luxurious villa, Marbella East is the right place to go! You can find all types of villas for sale, big villas, small villas, modern villas or classic villas. As with the apartments, prices depend very much on the exact location, the views, and the privacy the villa for sale offers. A small 3 or 4 bedroom villa starts around 400.000, but quickly moves towards 1.000.000 €. Luxury and beachfront villas for sale in Marbella East are very attractive. As a result the price often reach 5.000.000, and a handful villas cost between 10-30.000.000 €. If you are looking for a neglected villa to renovate, you have to act quick. Many investors are sourcing bargain villas for sale, before they reach the market.
In Marbella East there is many townhouses for sale, both luxury townhouses and regular townhouses. Very often property buyers choose a townhouse to benefit from 3 or 4 levels, and a garden. Prices begin around 350.000 € and continues towards 2.000.000 €. Only a handful of townhouses cost more than 1.000.000 €. The average townhouse for sale in Marbella East costs around 500.000 €.