Highest Value Sale of 2022
The Costa del Sol, located in southern Spain, has traditionally been a popular destination for tourists and property investors due to its warm climate, beautiful beaches, and relaxed lifestyle. The property market on the Costa del Sol has been relatively stable in recent years, with prices increasing slightly but steadily.
In the past five years, we have seen a significant increase in the housing market on the Costa del Sol. In fact, it has increased by as much as 67% since June 2018.
The average price is approximately € 1,140,000, calculated from 22,328 properties. But don’t let this high price scare you. This high figure is, among other things, because Marbella, Benahavís and Istán pull the average up. Benahavís alone has an average price of approximately € 2,670,000, whereas Manilva, the cheapest area, is around € 390,000. The average prices apply to apartments, townhouses and villas altogether.
Our year ended very well, with our agent Dennis Moberg Nielsen closing the company’s highest-value sale of 2022.
Dennis’ client purchased a spectacular 270 m² modern villa in the Casablanca beachside urbanisation, located just 150 metres from the beach, on Marbella’s famous “Golden Mile”.
Marbella’s “Golden Mile” starts at the western edge of Marbella city (Plaza Bocanegra) and extends for five kilometres as far as the Río Verde river, just before Puerto Banús.
Constructed with materials of the highest quality and equipped with the latest technology, this contemporary villa is distributed over three levels consisting of five bedrooms and five bathrooms, an open plan kitchen/dining/living area with floor-to-ceiling windows, a fabulous garden and pool and a rooftop terrace with stunning views of La Concha mountain on one side and partial views of the Mediterranean Sea on the other.
The property has home automation, Bang Olufsen TV and sound system throughout, a complete Bulthaup kitchen boasting the latest Gaggenau appliances, air conditioning, underfloor heating, a rooftop jacuzzi, and much more.
“The glass doors, floor-to-ceiling windows and glass railings maximise the natural light and create a seamless effect between indoor and outdoor spaces.”
This modern villa in an incredibly sought-after gated urbanisation on the Golden Mile, Marbella, was put on the market for € 4,150,000.
We at Kaarsberg Estate define ourselves as providing expert client services. So we are incredibly pleased that we could, once again, meet our client’s needs with their property purchase on the Costa del Sol.
If you want to sell your property or purchase a home on the Costa del Sol, check out our buying process in Spain to see how we can help you.