nce again, as Mayoress of Marbella, I am pleased to have the opportunity to address the readers of the Marbella Property Magazine, an edition published entirely by Panorama, the longest established real estate agency in our city. Year after year these pages have been spreading our city’s image of quality and excellence and have become a must-read source of information for those who want to be up-to-date with Marbella’s real estate sector.
This year’s edition is also a very special one for the Clover family, who in 1970 decided to open their real estate agency Panorama in Marbella, backed by their experience in the real estate business dating back to the early 20th century in the United States. In 2020 Panorama celebrated 50 years of successful operation in our city, half a century of experience, which deserves great recognition; Marbella takes enormous pride in entrepreneurs like Christopher Clover and his children Alex and Katinka.
Business people such as the Clovers, who bet on the future of Marbella to launch their projects and contribute with their good work, are essential in helping Marbella maintain and increase its international prestige. From the Town Hall, we thank you for your consistent engagement, commitment and dedication throughout these five decades.
Our Town Hall has been, and will continue to be, committed to working towards maintaining and improving the quality and excellence of our public services, infrastructure and installations. Marbella is one of the most important tourist destinations in the world, with a wonderful climate and lifestyle that make it a unique place for visiting, living and investing. Our goal, hand in hand with the private sector, is to continue strengthening our internationally-recognized brand.
Equally important to highlight are the major efforts being made by our Town Hall to guarantee the legal security and zoning regularisation that our city needs by promptly providing a new General Plan (PGOU) that will reflect the Marbella that its citizens want it to be. I take this opportunity to encourage you all to take part in this process and offer your opinions and suggestions to help build a prosperous and sustainable future together.
Best regards
Contributors:
Advertising enquiries: Katinka Clover Tel: (+34) 952 774 266
Fecha de Publicación: agosto 2021
Domicilio Social: Edif. Centro Expo, Blvd. Alfonso de Hohenlohe, s/n 29602 Marbella, Málaga, España
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The world has evolved unexpectedly and dramatically since the beginning of 2020. Most people are aware that in many respects we will not be going back to the life we knew before.
Due to the special nature of the Covid crisis and despite the terrible loss of life, the severe repercussions on businesses unable to open and the terrible damage to the hospitality industry, all caused by lockdowns imposed in almost all countries throughout the world, the higher, luxury end of real estate sector has not only survived but prospered. Covid has, quite simply, changed how and where we want to live.1
There has been unexpected, even exceptional, sales activity in the past year since June 21st, 2020 when the lockdown was lifted in Spain. In 2021, the luxury end of the market (that is to say, properties priced over €1 million) has accelerated month-on-month to a level of activity we have never witnessed before in our history. The top end of the market, instead of suffering as most had anticipated, has prospered beyond anyone’s expectations.2
This increased demand has grown to an almost frenetic level, and is a direct result of the coronavirus pandemic, as our own statistics confirm along with those of most other real estate agencies specializing in the higher end of the market. That this has happened in spite of the restrictions of mobility between European countries and even between municipalities
in Spain, leads us to believe that this wave of purchasing is just beginning, and is an outstanding, positive sign of the market to come in the next months as travel restrictions continue to relax.
Comparing the sales activity in the first six months of 2021 with the first six months of 2019 (prior to Covid), in our own agency:
Potential buyer enquiries increased by 154.4 %
The number of sales (completed and in the process of completion) in the same period has increased by 68 %.
The average sales prices of properties sold by our agency has increased by 107.5 % with sales prices ranging from €400,000 right up to €10 million.
All this, with a severely reduced number of foreign visitors and restriction of movement!
“Sales in the luxury end of the market (over €1 million) have accelerated to a level we have never witnessed before in our history.”
The tendency towards increased investment in the higher, luxury end of the market is not a phenomenon exclusive to our area: high net worth individuals are leading the path to real estate investments around the world.3 For example, New York executives, many of whom have been working from home for over a year now, mostly living in apartments, have reached the conclusion that “home” can be actually anywhere, and so they have been flocking in droves to Southern Florida, drawn by the warmer weather and more spacious homes with terraces and gardens.4 Indeed, so many of Goldman Sachs employees and associates have moved to Florida that they are considering opening an office in Miami or Fort Lauderdale to support their team.5 Other articles refer to Miami as experiencing a super real estate boom of historic dimensions.6 Country estates in England are selling like hot cakes.7 Premium property in Mallorca is booming with sales soaring by over 80 %, according to some agencies.8
There are additional reasons why the market in Marbella remains so strong:
Despite the fact that Marbella is traditionally a second residence resort city, a pioneer in “residential tourism”, we have noticed that many current owners have decided to convert their second residence into a main residence by spending more time here.
Property transfer taxes have been decreased by the Andalusian government by up to 3 % to a flat 7 % with stamp duty decreased from 1.5 %, to 1.2 % as a temporary measure until the end of 2021,
3. Square Yards: “Where the world’s ultra-rich lives and why most of them invest in real estate”, May 5, 2021
4. Miami Herald: “Miami’s new tech-based buyers want single-family homes. They’re here to stay” April 19, 2021
5. The Real Deal: “Goldman Sachs plans move to South Florida” December 7, 2020
6. Forbes: “South Florida’s Real Estate Market Is Now Officially In Super-Boom Mode” Feb. 19, 2021
7. The Guardian: “Super-rich buying up ‘Downton Abbey estates’ to escape pandemic” Nov. 14, 2020
8. Brainsre.news: “Demand Strong in Mallorca’s Premium Property Market, Says Engel & Völkers” May 11, 2021
Covid has, quite simply, changed how and where we want to live
“The tendency towards increased investment in the higher, luxury end of the market is not a phenomenon exclusive to our area”
resulting from this increase of property purchases since the beginning of the pandemic: that the purchase of real estate is being seen worldwide as a “safe haven” investment in these uncertain days, and undoubtedly more than stocks or many other investment opportunities. As well as of course, a primary investment in the quality of life that many can afford today.11
with the possibility of prolonging this decrease in the future. The inheritance and gift taxes were already virtually eliminated in April 2019, making Andalucía one of the most tax-friendly regional governments in Spain. Further, important tax decreases are pending approval by the regional government. These tax reductions are guaranteed to boost the number of buyers in the region.9
Mortgage rates have remained at historic lows: even high net worth individuals buying property in the area are taking advantage of these low rates, as they can make much more money than the cost of the mortgages by investing in their own businesses. This is not only true in our area but throughout the country: the month of March, 2021 closed with a 10-year high number of mortgages granted that month.10 According to Bankinter, a 15year mortgage taken out by a resident in Spain in June 2021 would bear approximate interest rates as follows: Fixed rate: 1.30 %. Variable rate: first year: 1.75 %, following years Euribor (currently at negative -0.485 %) + 0.99 %. Non-residents would pay fixed rate at 2.25 %, Variable rate: first year: 2.50 %, following years Euribor + 1.75 %.
There is also another interesting conclusion
Buyers are especially attracted to Marbella because it is the capital of quality real estate and lifestyle of the Costa del Sol, offering a full 12-month season not seen in any other resort city in the Mediterranean Basin. It has a low volume of construction, amazing sporting and golf facilities (there are 52 golf courses just in the province of Málaga)12 and first class infrastructure and services. Another example of an essential high quality service according to a recent Savills blog: Marbella ranks Nº7 in internet speed of all prime leisure destinations 13 And now, Marbella offers some of the finest homes available for sale anywhere in the world.
The Marbella area market began to recover from the 2008 crisis in 2012 with a surge of purchases due to a serious pent-up demand, not only by normal end-users but also by all types of developers, from the individual developer refurbishing or building one home, to groups of five or ten villas, and large investments including apartment projects and gated communities where the developers were major, international funds, investing heavily in the area for the first time.
June, 2021
August, 2020
“The purchase of real estate is being seen worldwide as a “safe haven” investment”
Consequently, the greater Marbella area (including Estepona and Benahavís) has seen hundreds of new properties being built and older houses in consolidated residential areas being refurbished, with an emphasis on top locations, modern design and state-of-the-art installations including intelligent home systems, and the most modern security systems. Many of these investors who bet on the future of this area have designed, built and sold among the highest quality properties of their type anywhere in the world. The key word now in addition to location, is quality, and never before has Marbella seen such a wide variety and choice of high-quality properties for sale.
Marbella is finally reaching its full potential that we knew it would someday when we decided to establish our first office in Marbella, back in 1970.
An outstanding example of quality developers’ success this year is the project “Epic”, built by the veteran developer Sierra Blanca Estates on the Golden Mile, where 70 % of its second phase has already been reserved..14
Palo Alto, in Ojén, five minutes’ drive above the La Cañada shopping centre, has already sold or reserved about half of the total properties to be built in their urbanization. Since they launched the project a couple of years ago, 90 apartments have been built and delivered and now they are in the process of building 106 more apartments, of which 70 % is already reserved, as well as 30 villas of which 8 are reserved.
The beautifully designed project, Icon, east of town, is fully sold out, expertly marketed by the highly experienced agency NVOGA.
Other developers of new or fully refurbished properties are also “sold out”, but with more properties coming on the market soon. There are dozens of high-quality properties in the process of being built and others pending receiving their building permits.
“Never before has Marbella seen such a wide variety and choice of high-quality properties available for sale.”
‘‘The key word now, in addition to location, is quality.”
To illustrate the beginning of the evolution of Marbella as a resort town, the official census population in 1950 (not counting part-time residents) was 9,991 inhabitants, increasing to 12,069 in 1960, exploding to 29,253 in 1970, and more than doubling again by 1980.15
Clearly our company opened its first office in 1970 at exactly the right time.
Marbella was always a very seasonal resort town, like all the others on the Mediterranean coast, with a high season which started very gradually in the Spring, building up to a crescendo in the summer months, and gradually rolling up the sidewalks at the end of September or beginning of October, with many restaurants and hotels closing down for the Winter.
For a resort city to be open year-round, with enough business to keep open the boutiques, restaurants, nightspots, leisure and sporting facilities, not only does one need to have great winter weather, but a minimum nucleus population of around 150,000 inhabitants, between registered residents and the “floating population” of residential tourism. This figure was finally achieved in Marbella around 1995, when the winter “offseason” took on a life of its own, transforming Marbella into the only resort city in the Mediterranean Basin with a true year-round season.
The current official population of Marbella reached 147,633 in January of 202116 ranking
15. Wikipedia: “Marbella”
as the seventh municipality with the largest population in Andalucía. Adding the floating, unregistered population, the low season population today is between 250,000 and 275,000 inhabitants, according to Town Hall estimates, rising to over 800,000 in the peak season.
Today there are people from 140 different nations living in Marbella of which 26 % of these registered residents are foreigners.17 Over the years Marbella has come closer and closer to reaching its full potential as a resort city and is now among the most important, high end resort destinations in the world.
16. Ayuntamineto de Marbella: “Marbella se sitúa como el séptimo municipio con mayor población de Andalucía tras registrar un 3 por ciento de incremento en el número de empadronados” 10 January, 2021
17. Junta de Andalucia: “Andalucía pueblo a pueblo - Fichas Municipales”
From a small, seaside, agricultural town with a lot of history, to an international hot spot
Comparing year-on-year sales, Marbella, Estepona and Benahavís have seen sales as follows:
Source: Spanish Ministry of Public Works www.fomento.gob.es
** Please note that these statistics only show the number of properties sold each year, as per the title deeds issued at the notaries, and don’t reflect the hundreds of sales of properties that are under construction or off-plan.
Although there are newly-built homes available for sale in all price categories, sales at the top end of the market with prices upwards of €3 million, to as high as €12 million or even higher, have all of a sudden become commonplace, properties of a world class that simply did not exist before the last crisis.
Given the lack of statistics for the number of homes sold in each price category, we have nevertheless made an educated guess of the number of homes sold priced over €4 million from July 2020 through June 2021 which is in the region of 120, of which around 20 were priced over €10 million.
In the table above, we can see the overall year-onyear sales for Marbella, Estepona and Benahavís in all price categories, since 2007.
Last year’s statistics show only a 16.74 % drop in sales for the three municipalities over 2019, substantially less than expected, despite the three months’ total lockdown, due especially to the strength of the sales in Estepona, which amazingly showed an increase over 2019.
So far in 2021, the first quarter statistics indicate a rebound in sales over the same period of 2020 of 9.2 % but especially in Marbella at 22 % as
per the chart below. Other agents specializing in the higher end properties are verifying our own agency’s statistics, indicating that 2021 has already become an excellent year in the sale of properties, especially over €1 million.18
Many owners lowered their asking prices last year but now have started to increase them.
In 2020, concerned about how Covid would affect the sale of their properties, close to 40 % of the owners of the properties listed for sale with our agency, adjusted their asking prices to very reasonable levels. The average reduction in asking price (not to be confused with selling price) that we witnessed in the course of the summer and autumn of 2020 was close to 9 %, leaving more
Sales volume in the province of Málaga has increased to pre-pandemic levels
The chart below, which goes through the first quarter of 2021, is a clear indication that sales in the province of Málaga, have now reached pre-pandemic levels.19
room for further negotiation. The result was an immediate increase in viewings and consequently, more sales.
More and more clients (developers as well as end users) have been buying houses to renovate. And as indicated earlier, there has been a constant increase in demand for fully refurbished houses, ready to move into, which are now temporarily in short supply. Because of the strength of the top end of the market, some owners are now increasing their asking prices once again.
The prestigious site, Idealista.com, has an interesting index of “asking prices” which is useful, and even allows one to see the prices in different
neighbourhoods within municipalities. In all of Marbella, for example, the average asking price for all types of properties, irrespective of location, was €3,242/m2, representing a 7.3 % increase over June of 2020. In Nueva Andalucía, the increase over June 2020 was 9 % whereas San Pedro was 10.5 %. In all of Benahavís, 12.1 %. In Estepona, 8 %. Although these are not real sales prices, most bank appraisers don’t use real sales prices either because they don’t have access to them. This index is therefore a useful tool to gauge market tendencies as it provides an excellent orientation of asking prices, kindly refer to link in footnote.20
This tendency is not unique to Marbella or the
Costa del Sol: in the economies of 25 different countries tracked by The Economist, house prices rose by 5 %, on average, in the last 12 months for which figures are available.21
Concrete examples of real square metre sales prices achieved in the area in the first six months of 2021, taken from a small sample of sales during that period are shown on the following page.
As the real estate market has already returned to pre-pandemic levels throughout most of Spain, the cost of construction (on a national level), is increasing. According to the Sociedad de Tasación, a well-known national appraisal company, construction costs have already increased by 3.01 % in the first quarter of 2021, and increased 8.56 % from the end of the first quarter of 2020 until the end of the first quarter of 2021.22 In areas where there is more demand for new construction, which appears to be the case in Marbella, this might be higher.
It is important to note that even though there is a historic sales activity in the higher end of the market, in general, buyers are always looking for
opportunities and the best value they can get for their money. The experience of one’s real estate agent can be critical in helping find the right properties.
It is known that the buyers in the high-end luxury segment of the market in the Marbella area is made up of at least 90 % foreigners, which has given it so much strength for so many years compared to the national market.
In the Málaga province, the top three foreign nationalities of property buyers in 2020 were:23
• the British with 19 %,
• the Swedes with 13 % and
• Belgians with 9 %.
It is safe to assume that these figures, as far as nationalities are concerned, will also be applicable to the Marbella area. Unfortunately, more detailed figures are not available but, in accordance with the nationalities of buyers throughout the autonomous region of Andalucía, as published for 2020, it is likely that these will be followed by the French, Dutch and German, in that order.
21. The Economist: “House prices boom despite the pandemic” April 9, 2021
22. Sociedad de Tasación: “Informe de Tendencias del Sector Inmobiliario”
23. Estadística Registral Inmobiliaria anuario 2020
“From April 2020 to March 2021, the price of construction has increased by 8.56 %”
square metre sales prices achieved in the area in the first six months of 2021
The interesting statistical information is the surge in the Swedish market which has gradually been increasing its market share over the past several years. The last year has also seen the emergence of the Polish market as well as a few buyers from Eastern Europe and the Middle East despite the restrictions of movement, many looking into purchasing a home to be able to apply for the Golden Visa. Of course, the Spanish market itself has been ever present and represents the very foundations of the Marbella area property market.
There has been a great demand from successful young millennials with high purchasing power who choose only the best properties with a lot of privacy and the highest possible qualities, properties which have been built for this specific market by savvy developers only since 2012, at the beginning of the market recovery after the downturn in 2008 as mentioned before.
The strength in sales of properties in the higher end of the market confirms the appeal of the Marbella area not only to these affluent millennials, but also to those who have known Marbella for decades, and have decided that now is the right time to buy.
Brexit came accompanied by a series of questions and doubts, especially with respect to the visa requirements, where only a three month stay during every six months is officially allowed, unless an extension is authorized. It is not yet clear if there will be a strict enforcement of this requirement. Specialists have suggested that the best solution for UK citizens wanting to stay longer than three months would be to take out a Golden Visa, which does not imply a fiscal
residency unless the stay in Spain is more than 183 days (six months) and can be obtained by different types of investment transactions in Spain, including the purchase of real estate for a minimum value of €500,000. This Golden Visa can even be retroactive.24 There are lots of other legal methods of avoiding this rule, which any expert can be helpful with.25 There is also an interesting article by the well-known lawyer, Ricardo Bocanegra, regarding Brexit.26
Despite Brexit, and against all odds, the British have remained by far the greatest foreign nationality buying properties in Spain for decades, ever since Margaret Thatcher lifted the UK exchange controls, the infamous “Dollar Premium”, in two steps, in 1978 and 1979.
24. Spanish Property Insight: “The Spanish Golden Visa is retroactive” February 5, 2021
25. Spanish Property Insight: “How to stay in Spain over 90 days – Residency visa overview” May 21, 2021
26. Gestoria Bocanegra: “Entrevista a Ricardo Bocanegra sobre el Brexit”
“There has been a great demand from successful young millennials with high purchasing power”
Four renowned international hotel chains have finally disembarked in Marbella. The arrival of Nobu Hotel, opened in Puente Romano, coupled with the announcement of Starwood’s “W” Hotel and Resort to be built on the beach just west of the Don Carlos Hotel and the Four Seasons Hotel and their accompanying branded residences are perhaps the most significant good news in Marbella for decades. It represents the acknowledgement on a worldwide platform of the high-quality resort destination that Marbella is today, ushering the town into a new era.
Additionally, the five star, beachfront Ikos Hotel, with 400 rooms and suites (pictured below), just opened its doors on the New Golden Mile, midway to Estepona.27
According to the Regional Government, there are 19 hotel projects of different categories, in different stages of development or construction in Marbella and Estepona alone, which includes
boutique hotels.28 The establishment of these outstanding international hotel chains in the Marbella area will accompany the legendary Marbella Club and Puente Romano hotels, along with others such as the Don Pepe and Los Monteros, that have helped create the legacy of high quality that Marbella represents.
Many of the loyal high-level customers of these new brands will discover, or rediscover, the Marbella of today resulting in many more affluent tourists visiting the city, expanding the strong shoulder season activity into the winter months, which in turn, is certainly great news for anyone owning a property or running a business here.
“The legendary Marbella Club & Puente Romano hotels have helped create the legacy of high quality that Marbella represents.”
IKOS Andalusia
“Marbella has become a major player in the world of luxury resorts”
MARKET REPORT 2021
Although the market has improved throughout Spain and the Costa del Sol, there are still between 250 and 270 projects planned for development in the next few years, many of which were put on hold in 2020 until the full effect of Covid on the market became evident. In a recent article in the newspaper El Pais29 there is cautious optimism that with the return of tourism, the market on the whole Costa del Sol is set to improve as it already has in the Marbella area.
These new projects about to commence construction, coupled with the many smaller projects in the Marbella area about to receive building licenses, will likely keep the supply of new properties necessary for the increasing demand.
Some examples follow:
Both the Four Seasons and the W projects will offer ultra-prime branded residences adjoining their respective hotels. The first, a residential development of some 30 touristic apartments plus 170 private residences (villas, apartments and townhouses) adjacent to the hotel which we understand will come onto the market later in 2021,
and the second, 86 touristic apartments and around 100 private residences with hotel services. Further details will be available in the coming months.
The incredible front-line beach development Uno, bordering Marina Puente Romano to the west, the largest beachfront site left for development on the Golden Mile with 319 linear metres of sea front, is finally receiving its building permit. This extraordinary gated community will be comprised of 57 units of the highest quality construction and design. Most of these properties have already been pre-reserved. Further information on this exclusive project and others mentioned in this report is available upon request from Panorama.
Acciona Estrella del Mar is another new project, not yet on the market, comprising 58 apartments and 88 townhouses, 150 metres from the beach near the Hotel Don Carlos in the Marbella East area.
Vista Lago Residences is a luxury development of 18 design-led sustainable villas in the exceptional location of Real de La Quinta, where the views towards Gibraltar and Africa are arguably among the best in the area. The setting is unique, with Marbella’s iconic La Concha mountain on one
side and the exclusive La Zagaleta Country Club & Golf estate on the other, bordering a UNESCO biosphere reserve and just a 10-minute drive from Marbella.
La Finca de Jasmine is a gated and secure community of luxury villas with a clubhouse and spa, covering a total of 269,000 m2 and located in the municipality of Benahavís. The initial phase will comprise 14 villas with three types of configuration to suit one’s lifestyle choice. Prices start from €995,000 (plus VAT). Verdant Mediterranean gardens and private pools with easy access to Marbella and Estepona makes this luxury residential project one of the most exciting in years.
And there are dozens more projects scattered throughout the municipality, which are for single or up to groups of several villas, currently under planning as well as under construction, which are either already on the market or will be coming on the market over the next coming months.
The long-expected new General Plan of Marbella is progressing towards its initial approval by the end of 2021 and final approval in 2023, according to Kika Caracuel, the delegate for Urbanism in the Marbella town hall.30 Its definitive approval will put an end to the urbanistic problems that have plagued Marbella since the beginning of the century, the last of which was the cancelation of the General Plan of 2010 in the year 2015, causing great insecurity among property owners, investors and developers.
According to Caracuel, the work of the current urbanistic team has made possible the continuance of major projects in Marbella under the currently valid plan of 1986: “We approved the revised text of the plan, we approved the adaptation of the plan to the LOUA (the Andalucian Urban Planning Law) and we modified and approved the urban planning regulations,” which resulted in the possibility of continuing to receive and process very important projects that
involve multi-million dollar investments. “Marbella has had the muscle to overcome the annulment of the 2010 Plan and we are pleased with our progress, despite the difficulties,” Caracuel said, also highlighting the relevance of a new “agility in the processing of urbanistic files, from licenses to planning.”
With freedom of movement returning, large percentages of the population being vaccinated, and people more anxious to travel than ever before, the area is set for a gradual return to quality tourism. As often commented, the main source of property buyers come from the quality tourism attracted to the area.
1. The evolution of the real estate market here and elsewhere in the world is moving at an amazingly fast pace, faster than we have ever witnessed in the last half century. Covid has changed how and where we want to live, not only for our area, but with an increased demand for property, especially in resort areas, all over the world. Lifestyle factors go hand in hand with investment considerations. We think this trend will continue and, perhaps, increase.
2. There is no sign of abatement in the demand, quite to the contrary, we expect a stronger demand in the months to come. There are hundreds of clients just waiting to come and “seal the deal” for the purchase of properties they have pre-selected with their agents. And for the first time, there are dozens of sales, even in the higher end properties, being made by careful, meticulous live Facetime or WhatsApp video tours, without even inspecting the property in person.
3. There is no sign of the market overheating as it did for years before the collapse of 2008, leading to a prolonged setback which lasted until the market started to recover in 2012.
4. Real estate has once again become a “safe haven” investment as a means of capital growth, in some cases rental return, and a protection against the inflation which is no doubt on the way.
5. Historically low interest rates serve to fuel purchases of real estate in this area. More and more buyers want mortgages simply because they are cheap and it allows them to invest their savings elsewhere.
6. The top end of the market, properties priced over €1 million and up to €10 million or more, is stronger than ever before in the history of the area, as well as in most of the major resort destinations. Since this is only the continuation and acceleration of a trend commenced long ago, we expect that the current market is not just a “blip”, but has the potential of continuing for some time.
The new General Plan of Marbella is progressing towards its initial approval by the end of 2021 and final approval in 2023
7. In the resale market in consolidated residential areas, the market will also continue to be strong as demonstrated in this report, since the end of the lockdown in Spain in June, 2020.
8. There will be occasional shortages of certain types of properties, especially the high end, but there are so many new and refurbished properties coming on line, we do not foresee major shortages in the coming months.
9. There will continue to be some great buys especially in the wonderful residential areas which are not ultra-prime.
10. Prices in the ultra-prime areas have risen to record highs in the last year. In other residential areas, one can expect a gradual increase of prices over the next months, in accordance with the laws of supply and demand. Amazing, ultra-prime properties will continue to lead the market.
11. Estepona, Benahavís and other neighbouring municipalities will continue to enjoy an increasingly solid market not only due to the factors described above, but also due to the outstanding features intrinsic to these municipalities which attract buyers of all nationalities. In reality, we are talking about one market area with an incredible
variety of properties available for sale in all price categories.
12. One must always remember that the property market is cyclical and dependent on a myriad of factors, including the economies of the different countries where our clients come from, inflation, interest rates and credit facilities, personal wealth, savings and availability of quality products for sale. Despite uncertainty in some areas, the present conjuncture of events is favourably affecting the real estate market in the Marbella area and we see a continuance of the positive market for the coming year, all other factors being equal.
From all of the evidence presented here, it is clear that there is a major, positive market shift underway which in turn represents an excellent time for buyers to enter the market, as prices continue to gradually rise.
Covid has accelerated the trends already prevalent in this area for the last 65 years and Marbella has finally become one of the world’s major resort areas. And, at the end of the day, if we have to go through another lockdown where would you like to be living? In a city or town in Northern Europe, or in the low-rise, Garden City of Marbella, with the best climate in Europe and a true 12-month season?
“There is a major, positive market shift underway”Copyright @2021 Panorama Properties S.L – Special thanks to Carolina Alaniz and Alfonso Muñoz for all their hard work and tireless research in putting this report together.
1968
For any company to achieve 50 years of business is a milestone, but to do so in the highly competitive Marbella property market is a true accomplishment indeed.
Article by Michel CruzFounded in Marbella in 1970, Panorama Properties is much more than just a real estate agency. In half a century, it has not only surmounted the vicissitudes of time, experiencing both the good and leaner times, but has also in the process, chronicled the evolution of Marbella, becoming part of its very fabric.
The company is family owned, managed by Christopher Clover and his daughter Katinka, and is today comprised of a team of 26 professionals speaking eleven different languages between them.
Half a century in Marbella real estate is an achievement as yet unequalled, for Panorama is the longest-running agency in the region – and yet, the family’s link with real estate goes back even further, stretching four generations to the founding of the real estate agency B. B. Clover and Company in Chicago in 1904 by Chris’ grandfather Burtt Byron Clover.
B. B. Clover was also a property developer who in the 1920s built one of the first professional golf courses in the USA, in the suburbs of Chicago. The clubhouse and golf course of Itasca still stands proudly today, to his credit, along with many of the stylish half-timbered houses surrounding the course. A testament to a philosophy of quality
1970
and service that has permeated through the generations to the present day, as it also forms the basis for Panorama’s own business ethos.
“The principles of Panorama are the family values of fair, honest and transparent dealing, as taught by my father to me and by his father to him. Any success we have had is thanks to following these principles carefully…” Christopher Clover.
Later the family moved to Charlottesville, a prosperous university town in central Virginia two hours’ drive south of Washington DC. Here, Chris’s father, Williston ‘Bill’ Clover, continued the family
“The principles of Panorama are the family values of fair, honest and transparent dealing, as taught by my father to me and by his father to him. Any success we have had is thanks to following these principles…”
business, establishing a highly successful real estate agency and property development firm that was involved in the sale of many of the most important historic homes and country estates in the area. Bill was also a nationally ranked tennis player in his youth, the tennis coach of the University of Virginia during the war, an architect, property developer and a specialist in the breeding and raising of Aberdeen Angus cattle.
It was in this setting that Chris and his brother, Bill, grew up. After graduating with distinction from the University of Virginia with a degree in economics, commerce and French, Chris taught French for two years before joining the family business in 1971. Three years before in 1968, his father had acquired the Washington DC-based property agency Panorama International Ltd, as a means to market luxury international homes to American buyers. This led to the opening of the Marbella office in 1970, later followed by Mallorca and also Mexico City, established by Chris’s brother Bill.
When Chris arrived in Marbella in 1973 to head up the Marbella office, the town was still small and
truly glamorous. The Marbella Club was in its heyday, attracting an international A-list clientele that included aristocrats, royalty, Hollywood stars and the cream of Spanish and European society. This much was evident at the inauguration party of Puerto Banús, which was attended by the likes of Prince Rainier and Grace Kelly, the Aga Khan, José Banús and of course, Prince Alfonso von Hohenlohe. A certain Julio Iglesias provided the live entertainment.
“They were heady times,” recalls Chris Clover. “Marbella was in full development and already a very exclusive, special place where you could not only enjoy the finest climate in Europe within a beautiful setting, but also rub shoulders with fascinating people from around the world. It was an enriching experience which, together with the Andalusian culture and gentle pace of life, produced a unique quality environment that continues to attract people from around the world.”
Panorama Properties had been founded to promote Spanish property to American buyers, and indeed, many came here and fell in love with Marbella. In addition to being the first real estate agency to sponsor inspection flights to the coast, and the first international real estate agency in Marbella, Panorama was also the first
“Marbella was in full development and already a very exclusive, special place where you could not only enjoy the finest climate in Europe within a beautiful setting, but also rub shoulders with fascinating people from around the world. It was an enriching experience which, together with the Andalusian culture and gentle pace of life, produced a unique quality environment that continues to attract people from around the world.”Alex Clover joins Panorama to help finetune the company’s image and implement a series of internal improvements. Katinka Clover joins Panorama. Christopher’s brother, Williston H. Clover, becomes a permanent consultant to the company. Grace Kelly, Prince Rainier & José Banús at the inauguration of Puerto Banús in May 1970 Chris & his first wife Kirsten, at a Marbella party in 1974
to hold ‘open houses’ for fellow agents, and would pioneer a great many other innovations that have since become common practice on the Costa del Sol. As the firm’s market expanded to also include new waves of British, Middle Eastern and European buyers, its reputation and place within Marbella was solidified to the point where now, Panorama has become an integral part of the local community.
Even before 1980, Panorama was already a prominent name in Marbella real estate, and continues to be even more so as it celebrates its fiftieth anniversary. Operating from two offices on the prestigious Golden Mile, Panorama is involved in the listing, promotion and sale of many of the most important properties in this region, expanding its expertise to also include luxury rentals, commercial property and a special division dedicated to land acquisition and providing a bespoke service for both institutional and private investors.
The relationship forged with clients is at the heart of Panorama’s success, where Chris and his team have been involved in finding and managing properties on behalf of royalty, managing the acquisition of an embassy building in Tokyo for the Foreign Ministry of Saudi Arabia, as well as transactions involving large tracts of land on the
“My greatest personal pleasure has been to meet so many wonderful people from around the world who come to Marbella, many of whom have become close friends.”Chris with his father & brother Panorama launches “The Marbella Property Magazine”. In addition to the award-winning market report, it contains other interesting articles both for buyers and sellers, as well as an excellent selection of properties. Panorama celebrates 40 years in Marbella! Chris and his first wife Kristen with the Shamoons & the Corners, Marbella 1977 Chris with his brother Bill, 2008
Costa del Sol and prime office premises in Madrid and London. The main focus of the business, however, has always been and continues to be marketing quality residential properties in the Marbella area.
“There are always challenges to overcome in this highly competitive business and we are in an industry that is constantly evolving. My greatest personal pleasure has been to meet so many wonderful people from around the world who come to Marbella, many of whom have become close friends,” says Chris Clover. “We have had clients from well over 50 different countries, and have learned something from each of them.” It is this passion both for real estate and the personal relationships forged with clients that forms the basis for Panorama’s longevity and dedication to professionalism. “It has been said of me that I am a stickler for precision and detail, but how else would it be possible to survive and thrive for 50 years in such a competitive industry as this?”
Chris’s penchant for clear and correct procedure is his clients’ guarantee in a process that involves not only excellent service but also a level of in-depth
technical and market knowledge that is the product of 50 years of experience. “Over the years we have come across every real estate situation you can imagine, and we have become experts at solving problems when they come up. We move very quickly and efficiently—and safely—on behalf of our clients and perform our own due diligence before taking a property for sale on our books, but we are not a ‘pushy’ sales organisation. We are here for the long haul and strive to be a high quality, as well as highly qualified service company in every aspect of our work.”
As a result of his many contributions to the real estate industry in the area, Chris was invited to become an Eminent Fellow of the renowned Royal Institution of Chartered Surveyors (RICS) in 2015, the largest real estate organisation in the world with 120,000 members in 140 different countries. As a result of this, the following year, Panorama became one of only two residential real estate
We are here for the long haul and strive to be a high quality, as well as highly qualified service company in every aspect of our work.Chris with Ricardo Aranz de Miguel 2018
agencies in Spain to be RICS regulated, which gives important guarantees of professional conduct to its buyer and seller clients.
In 2019 and 2020 the firm was awarded Best Real Estate Agency in Spain out of hundreds of applicants by the prestigious International Property Awards.
Panorama also operates another real estate agency called Puente Romano Real Estate as part of a joint venture with the Puente Romano and Nobu Hotel Marbella, giving their seller clients highly effective, direct exposure of their property listings to the hotel’s clients.
It is this pedigree that clients can count on when buying from or selling through Chris and his international, multilingual team. “We jealously protect our role as negotiators of the commercial elements of a property transaction and are very good at bringing the two parties together in harmony,” says Chris. “We work closely with other agents and colleagues, as well as learning from them, but we always seek to distinguish ourselves through the quality of our
service and our efficacy. Through our experience and market research, resulting in our annual market report, we have become an authoritative source of information, offering our clients hard market knowledge and statistics that is well documented and of great value to both buyers and sellers.”
Continuing the long-standing real estate tradition of the Clover family Chris’s children, Katinka and Alex, both born in Spain, joined the company after the turn of the century. Katinka, a graduate from the American University of Paris, and Alex, who graduated from his dad’s alma mater, the University of Virginia in Charlottesville, became an integral part of Panorama, bringing an essential perspective and added leadership to help the company to adapt to changing times, opening a new chapter in the history of Marbella’s longestestablished real estate agency.
This article first appeared in Essential Marbella Magazine in February, 2020
“Panorama is a modern company founded on oldfashioned ethics. This, together with our dedicated and talented staff – many of whom have been with us for many years – the invaluable support of our many friends, our ability to adapt to changing markets, and to learn from and collaborate with our competitors, forms the basis of 50 successful years in business.”Panorama’s new state-of-the-art sales office in Puente Romano
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Regulated by RICS
By Christopher Clover, FRICS
he Internet has become by far the most useful tool for those looking to buy properties and a net-based property search is usually the first step taken by any potential buyer. But, is it the right second step, once one sees a few desirable properties on several sites, to contact and make appointments with all the agents offering those properties, agents you don’t know or may not have even heard anything about, some of whom do not even identify themselves correctly on their sites?
Perhaps another option to consider, even while looking at everything on the net, might be to seek out as a first priority a really qualified, experienced agency to work with that has a large direct inventory of the kind of property you are looking for. There are several great agents in Marbella to choose from, many who have outstanding credentials, long experience, excellent product and area knowledge, and adhere strictly to the agents’ code of ethics. Additionally, choosing such an agent will assure that they pull out all the stops to spend plenty of time with you to get to know you and your special requirements as well as possible, sharing with you their market knowledge and recent comparable sales actually made, and who will eventually find just the right property for you. If it’s not in their
that purchasers of property in Spain retain a qualified solicitor to represent and also advise them on all tax issues.
own inventory they will go out and find that special property through their colleagues in other agencies on a commission-sharing basis.
Panorama always recommends that purchasers of property in Spain retain a qualified solicitor to represent them and and also advise them on all tax issues. Once you have made a decision to purchase property here, even though you may not have found that special property yet, establishing a relationship while you are in Marbella can be immensely useful if you start negotiating a purchase after returning to your country of residence, as it is clearly more difficult to choose a lawyer long distance.
Essential today to buying property in Spain is the compliance with AML (anti-money laundering) protocol, required for opening a bank account, engaging a lawyer, and agents as well, in order to identify you and prove the legal origin of the funds intended for the purchase. For European Union citizens this procedure is straightforward in most cases, but for Eastern European citizens or those from the Middle East the procedure can take, in some cases, many weeks. So, if you know
you are going to be eventually buying a property it is good to get these matters out of the way sooner than later.
Having a lawyer, NIE number (a number issued to foreigners in Spain) in place, AML compliance in order, and bank account opened strengthens a buyer’s position when negotiating as he or she can put down an immediate deposit if an offer is accepted, since all the other details will have been taken care of already.
A good agent will also be immensely helpful to you in negotiating the purchase of a property you are interested in buying. It is important to remember that if your offer is too low it will not engage the interest of the seller, and might actually prove counter-productive. An articulate offer will generally capture the attention of a vendor. We recommend getting all your points together, rather than negotiating “piecemeal.” Make your offer in writing if possible (of course, subject to contract). Points to include are not only the price, but also the deposit amount and when you are prepared to pay it, when you are
prepared to complete the transaction, what you understand to be included in the price (for example furniture and fittings if applicable), and an often neglected point – that all technical equipment and installations should be in good working order. Also, if you have a second choice property you should certainly advise the vendor of this fact.
Your lawyer can also be consulted during the negotiation to ensure that the terms of the offer meets his or her legal criteria, and on occasion will also become actively involved in more complex negotiations.
Actually purchasing a property in Spain is a relatively straightforward procedure. The “last word” in property ownership is the property registry, which will show immediately if the seller owns the property free of liens and encumbrances. Most frequently, unless an immediate payment of the full purchase price is made, a private contract of purchase is drawn up wherein the details of the purchase are reflected – the legal description of the property, purchase price, form of payment, date of completion, date of possession, etc. Upon signing the private contract, a payment on account is always made which can vary substantially according to the terms of the sale and the date of completion.
A quite normal deposit for completion within 30 to 60 days would be 10 % of the agreed purchase price. New properties which are unfinished obviously are paid for over the construction period, and all payments on account before finishing must be guaranteed, according to LAW 38/1999, by a bank or insurance company: if the property is not finished by a certain date, a purchaser has the right to reclaim the monies paid, plus legal interests. Additionally, another law obliges the property developer to arrange a ten year insurance policy with respect to any basic building defects with the purchasers as beneficiaries.
When the entire purchase price is paid for the property, the seller will issue the public deed of conveyance (escritura) to the purchaser, free of liens and encumbrances. This deed is issued before a Spanish Notary, is passed from the notary to the tax office to be assessed for Transfer Tax if the property is a resale or second hand property, or assessed for Stamp Duty if the property is sold directly by the developer. It’s then presented to the Property Registry for inscription. A provisional inscription in the registry is made immediately upon issuance of the deeds.
As detailed in the table below, the total official costs involved in purchasing a constructed residential property should be around 10-11 % for resale properties or around 12 % for new properties if VAT is paid on the purchase price, plus lawyer’s fees.
TRANSFER VAT (IVA) AND STAMP DUTY (AJD)
MUNICIPAL
Payable by the buyer for the purchase of any real estate (villas, flats, land,commercial premises, garages), provided the vendor is not a developer or normally trading in the business of resale properties (waiver to VAT exemption).
Reduced transfer tax for real estate companies or professionals that buy resale property and sell within 5 years.
TAX (ITP) NOTARY OR
The cost increases according to the number of pages or complexity of the title deed, and value of the property.
This can be as little as a few hundred euros or as much as thousands on a property with a lot of land that has not changed hands in many years. It is a tax by the town hall based upon the increase in the index value of a property between the year of purchase to the year of sale. This tax corresponds, by its nature, to the vendor who is responsible for its payment, unless otherwise negotiated.
LAWYER’S
These are in the order of 1 % of the selling price, more or less, depending on the lawyer and the price of the property.
Christopher Clover, owner and Managing Director of Panorama accepted a unanimous nomination as Eminent Fellow by the prestigious Royal Institution of Chartered Surveyors (RICS) in 2015. Only individuals recognised within the industry as a leader in their field, whose standing and achievements are beyond question and judged to be extraordinary, are considered for nomination to join RICS through the Eminent Route.
Eduardo Fernandez-Cuesta FRICS, former President of RICS Spain,stated:
“Christopher Clover is today, as he has been for the last 50 years, an outstanding example of leadership and professional commitment in the real estate sector. Christopher comes from a family lineage of more than 115 years in real estate, constantly promoting the collaboration among agencies and serving the public with outstanding professional dedication and ethics.”
“Also noteworthy are his annual Marbella Property Market Reports and many other articles related to real estate that he has been publishing for more than half a century. Christopher has contributed, and still contributes significantly today, to raising the standards of his profession.”
Christopher Clover said: “I am quite surprised and deeply honoured to receive and accept this nomination from the most respected organisation in the real estate world. RICS has my unconditional support in promoting and fostering their work and values.”
In 2016, based upon Mr. Clover’s fellowship with RICS and other qualifying factors, Panorama Properties was approved as a real estate agency
RICS, The Royal Institution of Chartered Surveyors, is the global professional body promoting and enforcing the highest international standards in the valuation, management and development of land, real estate, construction and infrastructure.
Founded in 1868, RICS currently has more than 130,000 professional members in more than 145 countries, specialising in different aspects of the real estate sector, including property valuation, consulting services, property brokerage and professional activities related to land, homes, buildings and construction.
Their development and enforcement of leading international standards, protects consumers and businesses by ensuring the utmost level of professionalism is employed across the built and natural environment.
Clients who work with our registered professionals can have confidence in the quality and ethics of the services they receive.
“regulated by RICS”. As a regulated company Panorama conveys to its clients a message of confidence and quality, that it:
• practises to globally recognised standards
• behaves ethically, and acts with integrity and honesty
• has the required skills, reputation and qualifications to provide a very high standard of professional services
• manages conflicts of interests transparently
• safeguards the security of client funds
• manages its finances appropriately
• provides adequate and appropriate indemnity
• handles complaints and disputes fairly.
As RICS state:
“Any individual or firm registered with us is subject to our quality assurance. We’re proud of our reputation and we guard it fiercely, so clients who work with our registered professionals can have confidence in the quality and ethics of the services they receive.”
For more information about RICS please visit their website rics.org
“Christopher Clover is today, as he has been for the last 50 years, an outstanding example of leadership and professional commitment in the real estate sector”
Eduardo Fernandez-Cuesta FRICS, former President of RICS Spain
his brief article is intended to share some essential points about selling properties, based on our own experience of 50 years of selling properties in Marbella.
Marbella is not a big city like London, Madrid or New York with a captive market within 50 kilometres of the centre. Instead, it’s a small city with a mostly secondary housing market and a buying public spread out all over Europe and the world – a subtle but important nuance.
Most buyers are not looking for a primary residence here, but a second or even a third home. This makes Marbella real estate less of a need and more of a luxury in which people are not drawn to property close to centres of work but to the quality of life a property can offer them. As a result, one characteristic of a secondary housing market is that especially luxurious properties can take a longer time to sell, though in our experience this is considerably shorter where both buyer and seller are serious in their intent.
The most important thing to establish is a ‘sales strategy’, at the heart of which is the asking price. In other words, if you ask too much for your property, people will not bother to view and it will linger unseen. Ask too little for your property, and you are potentially throwing away money.
The right asking price is perhaps the most essential ingredient in the art of selling real estate and is the result of thorough market research. Do not opt for the figure you would like to hear, find out the true market value, taking into consideration: what sales of comparable properties have been accomplished, and at what price? What are other owners with similar properties asking?
Katinka Clover & Evi Tinno of Panorama’s Listing Department.If you’re selling your property, call us on +34 952 774 266 or simply email: listings@panorama.es
The right asking price is perhaps the most essential ingredient in the art of selling real estate
The more unique a property, the more an owner can ask for it and the stronger they can negotiate when trying to seal a deal. The less unique a property, the more the owners are going to have to resign themselves to the fact that there is a large supply of similar properties, and that they will have to price it competitively.
One thing to avoid, if you intend to use agents to market your property, is listing on a net basis, where you want a fixed sum with the agent’s commission added on top. You can end up with a property marketed at several different prices, leading to confusion among potential buyers. Wise sellers will form a team with their agents and protect their agents’ commission, as they too expect to be protected and advised by their agents, and fix one sole asking price for the property, inclusive of commission.
Should you give an exclusive sales agreement to an agent? If you are an absentee owner, or if you don’t feel like playing a co-ordination role among various agents, granting exclusivity to a leading agent can make your life a lot easier. It also provides the agency in question with the confidence to fully dedicate its energy and resources to the marketing and promotion of the property.
A professional agency will propose a coordinated
A professional agency will propose a coordinated strategy based on its experience and adapted to the specifics of your property. This will include the creation of quality marketing material and targeted promotional campaigns.
strategy based on its experience and adapted to the specifics of your property. This will include the creation of quality marketing material and targeted promotional campaigns.
A responsible agent will try to avoid taking a sole agency unless he sincerely feels that the asking price is correct and that he or she is truly capable of selling the property within the time frame allocated by the seller.
Providing agents you trust with easy access to the home is important in order not to lose potential buyers, though a good agent will screen interested parties first. They will also offer advice on how best
to present the property for viewings and approach the negotiation process.
The standard agency fee in a resort area such as Marbella is 5% plus VAT, which covers the marketing, promotion, and listing of properties and the arranging of viewings, follow-up with prospective buyers, property searches, providing background information and support throughout the buying process and beyond. Agents don’t give keys out to clients, they always show properties personally and will spend a great deal of time to find the right buyer.
“My property has been on the market for months and I’m hardly getting any viewings.”
The only times this might be considered to be normal is if your property would only be of interest to a small cross-section of buyers – or if it is overpriced. If neither applies, your property is not getting enough market exposure. Our advice: speak to your agent or seek the advice of another wellestablished agency with a good reputation. An accurately priced and marketed property should be getting a regular stream of clients viewing it.
“All the clients that agents bring to my property are time-wasters.”
Are they really? If you are getting lots of viewings and no offers on your property, chances are your property is not as unique as you’d like to think it is. It likely needs to be reduced in price or perhaps you could consider making market-driven renovations in order to increase its appeal. And always remember, selling a property in many ways is a numbers game. The more people who
view it, the better chance there is of one of them falling in love with the property and buying it.
“How much negotiation room should I build into my asking price?”
With the help of your agent we recommend pricing the property taking into consideration not only similar asking prices, but also prices at which similar properties have actually sold.
Many buyers are very knowledgeable today and will recognize a realistically-priced property, but bear in mind that few will want to pay the full asking price, so leave some room for negotiation.
If you need to sell your property quickly, you need to be prepared to price it at a heavy discount when compared to similar properties on the market. This is when you need a very knowledgeable agent working for you who can suggest the price that will achieve the sale.
First impressions count. When agents take clients to view your property, ensure that curtains and shutters are open to let lots of light flood the property.
Check your agent’s website to see how your property is presented, in terms of the photographs, the description and the accuracy of the information provided. While photography should be representative, it should also present your property as well as it can, enthusing potential buyers. To stand out from the crowd you may need professional images, especially indoors.
If there are any small repairs or repainting that would enhance the overall appeal of the property, it’s well worth getting this work done
now to eliminate any small ‘objection factors’. Also, make sure your home is spotless for photography and viewings alike.
This always results in enquiries. Many potential buyers drive around different residential areas before going to an agent. Without a sign, they wouldn’t know your property is for sale. Not allowing a sign to be placed is to block one of the many proven paths for reaching the market place. Our experience is that signs still help significantly in selling properties.
Facilitate viewings on as short a notice as possible. If you leave your keys with a neighbour who plays golf three times a week, you are
losing a vital chance to show the property at the client’s convenience.
Bear in mind that the first properties that agents tend to show are the ones for which they have the keys. Properties that need appointments to be set up in advance will generally be shown less.
Make sure that you are fully aware of your tax obligations when you put your property on the market. Meet with your lawyer and tax advisor, and find out your options to ensure there are no surprises when you enter into negotiations
Let your agent form a team with you in handling negotiations, checking points with your lawyer and tax advisor when necessary. This is your agent’s job and one of the reasons you pay the agency’s fee, and experienced real estate professionals are generally far better at negotiating the commercial points of a deal than lawyers. Once this is accomplished, your lawyer should take the lead role (in coordination with your agent), draft the sales contract and supervise the completion of the sale. If you are frequently travelling, it can often make sense to leave a Power of Attorney enabling your lawyer to sign a private contract on your written instructions. You can negotiate the details of the sale with your agent by telephone and email, and your lawyer can then take the ‘first step’ towards the sale by signing a private contract without delay.
Don’t allow yourself to be pressured by your agent or anyone else to accept an offer! A good agent will simply point out your options and offer advice based on his experience, but once you decide to proceed it is good not to waste time and risk losing the buyer.
In summary, selling a property can be as easy or as complicated as any task involving one’s personal affairs. Competent, honest, professional help from agents, lawyers and tax advisors can go a long way to help you manage your sale objectively and easily.
Is the buyer expecting a counter offer from you or has he or she given you a one-and-only, take-itor-leave-it offer?
Do they have other properties in mind?
Is their offer a fair one?
Are all details included in the offer – price, target contract date, deposit, completion date, an understanding of what is included in the sale in the form of fixtures, fittings and furniture, etc.?
All these items should be agreed upon at the outset before lawyers are instructed.
Points to consider when a negotiation is taking place
There is no other real estate agency in Marbella with the credentials held by Panorama.
No other agency can provide the experience and industry knowledge that we can. Panorama is Marbella’s longest established real estate agency, servicing our clients for over 50 years.
We are one of only two residential agencies in Spain and the only residential agency on the Costa del Sol to be regulated by RICS, the Royal Institution of Chartered Surveyors, providing third-party protection to our clients with respect to our ethics and professional conduct (see the article on page 36).
Panorama has won the International Property Awards’ highest distinction for a single real estate agency in Spain in 2020 and 2021. Our Managing Director was invited to be a Fellow of RICS and recently accepted the position of Honorary President of the Leading Property Agents of Spain (LPA)
We have an unrivalled reputation for professionalism, transparency and expert local and product knowledge.
We don’t just dabble with one sector of the market. Panorama is a full-service real estate agency offering sales, rentals, plots as well as development land, commercial properties, professional consulting services and a complete Client Services Department (see page 30).
Panorama’s team is comprised of more than 25 qualified and experienced professionals. By local standards this is a large real estate agency – and it is a reflection of the time and dedication we are able to give to each of our clients.
Together we speak 11 different languages and this is critical to our ability to work with clients from all over the world.
Our two offices are strategically located along Marbella’s prestigious Golden Mile, one in the exclusive Puente Romano Beach Resort (next to the Nobu Hotel reception) and our headquarters opposite the emblematic Marbella Club Hotel.
Panorama operates a second real estate agency called Puente Romano Real Estate in collaboration with the Puente Romano Beach Resort and Nobu Hotel Marbella. This gives extraordinary exposure to the properties of our seller clients to all the guests and visitors of these landmark hotels on the Golden Mile.
Panorama’s team comprises 28 professionals in sales, administration, consulting and marketing, who work from two offices on the Golden Mile. The team speak 11 different languages between them.
This property, in the exclusive area of the Marbella Club, is surrounded by beautiful landscaped gardens
Bedrooms: 8
Bathrooms: 10
Built: 1,338 m2
Terraces: 245 m2
Plot: 1,865 m2
Price on application
Surrounded by beautiful landscaped gardens with a heated outdoor swimming pool and plenty of covered and uncovered terraces, this is a home created to fully enjoy the outdoor lifestyle of Marbella.
Built to the highest standards imaginable using the finest quality materials and latest technology throughout, this property is built over 3 levels, plus a fabulous roof-top terrace.
The villa boasts a large reception hallway with palatial double height ceiling and glass atrium that allows natural light to flow throughout and serves as the gateway to the main rooms of the property. All levels of the property are also serviced by a stunning glass and chrome steel elevator, itself a major feature of the reception hallway.
Map: p174, Nº6 Ref: 11768“This is the best designed and most beautifully finished home we have ever offered for sale.”
Sean Cannon Sales Director
Built to the highest standards imaginable using the finest quality materials
Leading directly from the hallway there is a spacious living room with direct access to the terraces on the west and south sections of the property. On entry to the luxurious sitting room is the formal dining room on the left and a smaller winter sitting room/office on the right. The fully-equipped kitchen opens on to the formal dining room.
The upper floor offers 6 bedrooms, 5 of which are ensuite. The exquisite master suite, has its own walk-in dressing room, his and hers bathrooms and its own private terrace with sea views. The elevator allows easy access to the stunning roof-top terrace with pool that boasts breathtaking sea and mountain views. The property also features: a fully sound-proofed cinema room, fitness room, separate yoga studio, games room, separate laundry area with outside patio, many additional storage areas and an additional guest bedroom suite with natural light. Enormous garage for storing at least 8 cars, ideal for a car enthusiast.
The superb beaches of the Marbella Club and Puente Romano Beach Resort are right on the doorstep, and some of the areas finest restaurants are within easy walking distance.
Play tennis with passion! Have you ever pictured yourself training with some of the best tennis players in the world? Puente Romano Tennis Club is established as one of the best in Southern Europe: 8 clay and 2 plexipave courts, 4 synthetic grass Paddle courts and more. Whether you
are a beginner or you´re looking to elevate your game, you can enjoy a wide range of tennis and paddle programmes. As a member, you also have the privilege of attending prestigious national & international tournaments such as the Davis Cup and the ATP World Tour.
Bedrooms: 5
Bathrooms: 6
Built: 1,242 m2
Terraces: 302 m2
Plot: 4,002 m2
Price on application
La Zagaleta is a resort that enjoys an extremely exclusive living environment located in the hills of Benahavís, surrounded by impressive mountainous landscape and true natural beauty. It offers multiple facilities and services, including two magnificent championship golf courses considered the most beautiful in Europe. The fabulous clubhouses are true places of elegance and sophistication where residents gather and enjoy the many amenities that they offer. The world-class equestrian centre offers the best facilities to host, train and prepare for competitions. In addition, you have personalized services such as home services, a helipad, administrative services, home automation and more.
This one of a kind mansion has been designed according to the highest market standards with tailor-made decor to offer
Map: p176, Nº32 Ref: 12566“A perfect combination of top quality design, a spectacular and exclusive setting, and unbeatable views.”
Natasha Romanov
Property Consultant
maximum comfort and sophistication. South-west facing and positioned on a hill it has breathtaking panoramic views of the Mediterranean Sea to Africa, golf courses and the surrounding mountains. Distributed over 3 floors there are 3 ensuite bedrooms and staff accommodation in the main house, and an ensuite bedroom in the guest house. The entrance is through a commanding pivot front door to the main living spaces that include a spectacular living room, expansive Poggenpohl kitchen with a centre island appointed with Gaggenau appliances, staff kitchen and a dining area. There is a superb master ensuite with walk-in wardrobe, fireplace and large
The villa has been designed according to the highest market standards with tailor-made decor to offer maximum comfort and sophistication.
bathroom offering views to the garden and the sea. The lower level is a real sanctuary for relaxation with an expansive spa area with a large heated swimming pool decorated with finest Italian marble, gym, yoga area, massage and elegant resting area. Furthermore there is a meticulously appointed home movie theatre, a games room and a stylish office with a waterfall feature.
Other features include: a laundry drop, elevator, underfloor heating throughout, smart home system, internal and perimeter alarm. Designer fixtures and appliances complete this singular sanctuary in the hills of Costa del Sol that is a truly unique masterpiece.
The lower level is a real sanctuary for relaxation
Bedrooms: 7
Bathrooms: 7
Built: 988 m2
Terraces: 119 m2
Plot: 1,920 m2
Price on application
A unique contemporary south-facing villa located on the beachfront of the Golden Mile. Within easy walking distance of the famous yachting marina of Puerto Banús. In fact, everything you need is within walking distance of this home, from exclusive restaurants, to supermarkets and art galleries. This is right in the centre of the famous Golden Mile, Marbella’s finest address.
Recently built to the highest standards, this one-of-a-kind property is completely private. Even though it’s right on the beachfront, you can’t see into the property from the promenade. Even upstairs privacy is protected with special shutters.
The downstairs living area is all open plan and very spacious, with the living, dining and terrace area merging into one
Map: p174, West of Nº41
Ref: 11781
RÍO VERDE PLAYA
“An idyllic beachfront home. Without a doubt, this property is a dream come true.”
Bianca Omloo Senior Property Consultant
seamless living space. The home has been designed by the well-known architect Carlos Lamas and there is a lovely “flow” throughout the living spaces. You could say that the home has Ibiza vibes - it’s bright, spacious, distinctly modern and the decor and finishes are natural and organic. The manicured, mature garden has a heated pool, fountain and a bar all enjoying complete privacy due to the external glass wall that allows you to look out, but not into the property.
On the top floor there is a luxurious master suite with a large dressing area at the entrance, and an ensuite bathroom, plus 3 further ensuite bedrooms. There are also 2 ensuite bedrooms on the ground floor.
Other features include: bar, cinema room, sauna, gym, separate staff accomodation, underfloor heating, double glazed windows, a garage for 3 cars and plenty of storage space.
Also available for short-term holiday rent.
A wonderful home in a tranquil and safe area, yet close to everything. Must be seen!
Every day is a new chapter. Relax by the pool overlooking the Mediterranean, raise your game with a morning of golf, soak in the sun over a refreshing drink on the terrace or pamper yourself before a big night out. From a unique spa offering Mediterranean inspired signature treatments to outdoor spaces where to sip
blossoming cocktails with alluring views and more than fifteen restaurants to indulge all your culinary desires. From subtropical gardens boasting over 400 species to world famous tennis courts – the list goes on. Puente Romano Beach Resort has something for everyone.
Bedrooms: 6
Bathrooms: 6
Built: 1,108 m2
Terraces: 77 m2
Plot: 3,197 m2
Price: €7,200,000
A stunning Mediterranean oasis in the Beverly Hills of the Golden Mile. Offering privacy and elegance throughout, this property enjoys a stunning mature garden with palm and fruit trees.
Katinka
Director
South-facing, the property is entered through beautiful antique doors with an entrance hall with views over a central patio with a water feature and access to a living room with cathedral-style vaulted ceiling, fireplace and wooden floors. The lounge opens onto the dining room and a TV room with fireplace and a rustic-style Gaggenau kitchen. The temperature controlled wine cellar, games room, extra storage space are found on the lower level. Just to the left of the entrance hall, there is also an en suite bedroom which is currently used as a study. Once inside the main entrance hall, steps lead down to two further en suite bedrooms. one with a mix of mosaic and wooden floors.
Map: p174, Nº13
Ref: 11297 SIERRA BANCA
“A really special property, an oasis of calm. You feel at home the minute you step inside.”
Clover Listings
The enormous master suite occupies the entire upper level and has wooden floors, stunning sea views, a study and “his and hers” walk-in wardrobes. There is also an independent duplex en-suite bedroom which is accessed from the garden in the western part of the villa. Beautiful heated indoor pool with Turkish bath, and a winter garden which has access to the garden and gym.
Stunning Andalusian-style garden with different dining areas, terraced garden and a lovely pool area with old olive trees that features a barbecue and chillout areas.
Special features include: underfloor heating via diesel and water, B&O sound system, perimetral alarm, computer lighting system for the house and garden.
Situated within one of the most sought after areas on the Golden Mile, that offers 24-hour security and is gated. A very special property with a unique design.
There is a stunning Andalusian style garden with different dining areas, terraced garden and a lovely pool
BEST REAL ESTATE AGENCY SINGLE OFFICE, SPAIN
The term “Golden Mile” was coined in the early 1980’s by Roy Boston, the German singer turned successful property developer, who had an untimely death in the late 1980’s, and for whom a road has been named near his prize-winning development Alhambra del Mar, on the edge of Marbella City.
Marbella’s Golden Mile starts at the western edge of Marbella City and extends for some 5 kilometres as far as the Río Verde, which is just before Puerto Banús and Nueva Andalucía, and stretches up to the La Concha Mountain, which gives Marbella its special microclimate. It was given its name due to the numerous beautiful estates and establishments within this area, including the Marbella Club Hotel, and the many
beachside mansions adjacent to it, where the origins of quality tourism in Marbella began in 1954; the Puente Romano Beach Resort; and beautiful urbanizations such as Cascada de Camojan, Marbella Sierra Blanca, Las Lomas del Marbella Club, the development of the Bismarck family known as the Marbella Hill Club, and Rocío de Nagüeles. Individual estates include many of the most magnificent mansions in Marbella, not the least of which are the Palaces of King Fahad and his brother Prince Salman bin Abdel Aziz, and those of many other personalities. Also located along the Golden Mile are the two offices of Panorama Properties, one in the Puente Romano Beach Resort and the other just opposite the Marbella Club Hotel.
Bedrooms: 6
Bathrooms: 6
Built: 2,292 m2
Terraces: 386 m2
Plot: 10,214 m2
Price on application
An elegant palatial-style residence on an extensive plot in a great location on the hillside of the Golden Mile. Recently built it’s incredible garden is very private and there is an independent guest house. Special features include a heated pool, cinema room, gym, spa with massage room, Jacuzzi and sauna, and much more! Also available for short-term rent.
Map: p174, Nº16
Bedrooms: 8
Bathrooms: 9
Built: 930 m2
Terraces: 456 m2
Plot: 4,918 m2
Price on application
This impressive residence with amazing sea views has a prime position in this gated community offering 24-hour security. Spectacular interiors, expansive rooftop terrace, chiringuito lounge area, home cinema, wine cellar, games room, heated indoor pool, Turkish bath and underfloor heating. The extensive grounds make it an ideal setting for special events. Also available for short-term rent.
Map: p174, Nº11
Ref: 11692
Ref: 11811 NAGÜELES
Bedrooms: 7
Bathrooms: 7
Built: 1,564 m2
Terraces: 283 m2
Plot: 4,473 m2
Price on application
This villa has the four highly desirable features: a large plot, lots of privacy, good qualities and unbeatable views. Located at the edge of the pine tree park of Nagüeles, this elegant home is set in a unique place which offers all the security and prestige of an exclusive and well-established community close to all services, leisure activities and international schools.
Map: p174, Nº16
Bedrooms: 4
Bathrooms: 4
Built: 306 m2
Terraces: 49 m2
Plot: 556 m2
Price on application
Exclusive villa in the grounds of the Marbella Club hotel, within walking distance to the beach. This stunning property has recently been refurbished to five-star standards. Located a in a quiet cul-de-sac with a delightful garden and brand-new heated pool, a large outdoor chill-out, dining area and barbecue/bar. Also available for short-term rent.
Map: p175, Nº6
Bedrooms: 18
Bathrooms: 18
Built: 1,381 m2
Terraces: 290 m2
Plot: 7,533 m2
Price: €9,500,000
A great opportunity to acquire a mansion with guest house on an extensive and perfectly located plot with sea views on the Golden Mile. Offering complete privacy and with a wonderful mature landscaped garden of 7,500 m2 with a pool and tennis court. A great investment project for refurbishment.
Bedrooms: 7
Bathrooms: 7
Built: 641 m2
Terraces: 533 m2
Plot: 2,109 m2
Price: €6,950,000
An incredible new-build villa in an exclusive gated community offering 24-hour security. This is a home combining natural materials, smart home technology, designer furniture and a layout that allows every bedroom to enjoy the incredible views. Features include an infinity pool, cinema room and large garage. A lovely family home, ready to move into.
Map: p174, Nº11
Ref: 12446
Bedrooms: 6
Bathrooms: 6
Built: 615 m2
Terraces: 343 m2
Plot: 1,489 m2
Price: €5,950,000
Situated in one of the most prestigious areas on the Golden Mile, within Las Lomas del Marbella Club, close to Puente Romano and the beach. Designed to high standards, incorporating energy systems and the most avant-garde architecture. Built on an elevated plot with beautiful sea and mountain views. Three other villas available. Completion date: Spring 2022.
Bedrooms: 3
Bathrooms: 4
Built: 980 m2
Plot: 765 m2
Price: €5,495,000
In a fabulous location this brand-new home features: solarium, Jacuzzi, basement with garage for 3 cars, spa area with heated indoor & outdoor pool, sauna, gym, Thyssen-Krupp elevator, underfloor heating, home automation, Gaggenau kitchen, wine cellar and much more! Steps to the beach and promenade and walking distance to Puerto Banús.
Bedrooms: 4
Bathrooms: 4
Built: 232 m2
Terraces: 98 m2
Price: €5,400,000
An exquisitely decorated and renovated beachside duplex penthouse within the Puente Romano Beach Resort with all of its amenities and the beach at hand. This south-facing apartment has an open-plan living area with lots of natural light and access to a terrace with views over the beautiful gardens. Ready to move into.
Bedrooms: 5
Bathrooms: 5
Built: 425 m2
Terraces: 537 m2
Price on application
Luxurious complex under construction in a prime area on the Golden Mile. Branded by Fendi Casa and consisting of 56 duplex apartments and penthouses with rooftop terraces. The complex will have a state-of-the art fitness centre, spa, co-working area, gym, 24-hour security/concierge services and social club.
Map: p174, Nº55
Ref: 11558
Bedrooms: 6
Bathrooms: 6
Built: 712 m2
Terraces: 145 m2
Plot: 1,091 m2
Price: €4,500,000
South-facing villa with sea views in one of the most sought-after complexes on the Golden Mile. Features include: mature garden with pool, pre-installed cinema room, sauna & steam room, garage for 4 cars, underfloor heating, marble and wooden floors and Smart Home system. Gated complex with 24-hour security just a short drive to Marbella centre.
Bedrooms: 3
Bathrooms: 3
Built: 140 m2
Terraces: 40 m2
Price: €3,950,000
South-west facing elevated ground floor apartment in the luxury Marina Puente Romano, just steps to the beach and promenade. Centrally located to all hotel amenities, owners can enjoy the use of the facilities on offer within the hotel complex. Featuring a bright living/dining room with access to the terrace and superb views of the gardens & sea.
Map: p175, Nº36
Ref: 12236
Bedrooms: 5
Bathrooms: 5
Built: 264 m2
Terraces: 171 m2
Plot: 1,072 m2
Price: €3,695,000
South-east facing and recently renovated, this spacious villa is situated in a tranquil community of 7 villas between Sierra Blanca and Cascada de Camoján. Finished to the highest specifications it has an open-plan living/ dining area with a kitchen and central island with top quality appliances, all opening onto a large terrace with sea and mountain views.
Map: p174, Nº13Bedrooms: 8
Bathrooms: 6
Built: 820 m2
Terraces: 226 m2
Plot: 1,850 m2
Price: €3,450,000
Bright and spacious family home in Las Lomas del Marbella Club, one of the most sought-after areas next to the Saudi Royal palaces. Designed by the famous architect Melvin Villarroel, and equipped with gym, Jacuzzi, heated pool, sun lounge, pool bar and BBQ, this luxury villa is made to enjoy the Marbella lifestyle. Also available for short-term rent.
Bedrooms: 4
Bathrooms: 3
Built: 299 m2
Terraces: 85 m2
Plot: 1,300 m2
Price: €3,395,000
A beautifully renovated villa with a long driveway and a 360º turning point for easy parking. Features include: lake-like pool with central bridge, gym, double master bedroom with sitting area, walk-in closet and private terrace with built-in seating, firepit with sea and mountain views. Second master suite also has its own private terrace. An ideal family home.
Map: p174, Nº16
Bedrooms: 3
Bathrooms: 3
Built: 191 m2
Terraces: 140 m2
Price: €2,950,000
One of a kind duplex beachside penthouse just renovated to the highest standards with panoramic sea and mountain views and a few steps from the promenade, in one of the most prestigious locations in Marbella town. Situated within the exclusive gated community of Cipreses del Mar, with 24-hour security, concierge and stunning grounds with pool.
Bedrooms: 4
Bathrooms: 6
Built: 414 m2
Terraces: 146 m2
Plot: 434 m2
Price: €2,950,000
Brand-new modern villa, located in the picturesque urbanization of Río Verde Playa, a perfect choice both as a holiday residence and as a family home. Spacious, full of light and equipped with everything necessary for a very comfortable life, ready to welcome you and your family. Other villas are also available.
Map: p174, west of Nº55
Bedrooms: 6
Bathrooms: 6
Built: 482 m2
Terraces: 320 m2
Plot: 1,006 m2
Price: €2,950,000
Modern villa in the prestigious urbanization of Las Lomas del Marbella Club, with high quality finishes throughout, using the latest construction technologies. The south-facing, 1,000 m2 plot offers lovely views to the sea. Pool with saline electrolysis and power current, outdoor parking for 2 cars and Mediterranean-style garden.
NAGÜELES
Bedrooms: 5
Bathrooms: 5
Built: 475 m2
Terraces: 197 m2
Plot: 1,281 m2
Price: €2,750,000
Modern villa with excellent qualities and large windows that allow natural light to flood all the rooms. The villa aligns totally with the Mediterranean atmosphere that dominates the Marbella area. The plot has some majestic pine trees that actively participate in the design and creation of different environments and spaces. Virtual tour available.
Map: p174, Nº16
Ref: 12093
Bedrooms: 4
Bathrooms: 4
Built: 426 m2
Terraces: 177 m2
Plot: 1,139 m2
Price: €2,750,000
Brand-new villa with excellent qualities. Features include: a gym, games area, laundry room, pre-installation for solar and photovoltaic panels, underfloor heating throughout and a home automation system. A unique villa a few minutes from the centre of Marbella and just 5 minutes from Puerto Banús. Virtual Tour available.
Bedrooms: 3
Bathrooms: 3
Built: 242 m2
Terraces 362 m2
Price: €2,475,000
Spectacular duplex penthouse with excellent sea and mountain views in Cascada de Camoján on Marbella’s Golden Mile. Southwest-facing, enjoying the afternoon sun, this immaculate apartment has various terraces including one with a Jacuzzi. The complex offers beautiful gardens with 3 pools, sauna facilities and 24-hour security.
Bedrooms: 4
Bathrooms: 4
Built: 503 m2
Terraces: 227 m2
Plot: 845 m2
Price: €2,500,000
Contemporary villa with sea views, in a brand-new complex of just 15 luxury villas. The development boasts beautiful communal gardens as well as 24-hour security. Private lift connecting each level of the property and a rooftop solarium with lovely views towards the sea. The villa can also be customised with private gym, spa, cinema room or entertainment area.
Map: p174, north of Nº42Map: p174, Nº26
Bedrooms: 5
Bathrooms: 5
Built: 335 m2
Terraces: 47 m2
Plot: 513 m2
Price: €2,275,000
Incredible contemporary-style south-facing villa in Ancon Sierra, one of the most established gated communities offering 24-hour security and several communal pools (one that is heated). Renovated with top quality materials and intelligent home system, surround sound system, underfloor heating, double glazing and much more.
Ref: 11225
Bedrooms: 3
Bathrooms: 2
Built 144 m2
including terraces
Price: €1,950,000
Map: p175, Nº33
A unique opportunity to purchase a recently modernised apartment within the Puente Romano Beach Resort with all its amenities at hand. The property consists of a spacious living area with an electric fireplace, openplan kitchen with Miele appliances and a west-facing terrace overlooking the communal gardens.
Bedrooms: 2
Bathrooms: 2
Built: 116 m2
Terraces: 24 m2
Price: €1,800,000
Lovely, beachside apartment in this exclusive community. South-facing with views to the tropical gardens and pool. This 5-star complex is located in luxurious and quiet surroundings with all desirable amenities to hand. Steps to the beach and the use of all the Puente Romano Resort’s facilities.
Bedrooms: 2
Bathrooms: 2
Built: 114 m2
Terraces: 30 m2
Price: €1,750,000
Refurbished south-facing ground floor apartment in the exclusive Puente Romano Beach Resort. Views over the mature tropical gardens and pool. The property includes a garage space and storage room. The complex has 24-hour reception and security. A wonderful vacation home only a few steps from the beach. A great investment for short-term rentals.
Map: p174, Nº36
Ref: 12201
Cruz-Conde & Asociados, es un despacho de Abogados y Economistas fundado en 1979. Está considerado como uno de los más prestigiosos y experimentados de la Costa del Sol. Cruz-Conde & Asociados cubre todas las ramas del Derecho, estando especializado en Derecho Inmobiliario y Fiscal, y cuenta con un equipo de profesionales multilingüe.
Established in 1979, Cruz-Conde & Asociados is a wellknown Law Firm, considered among the most prestigious and experienced in the South of Spain. The Law Firm covers all areas of Law, although it specializes in Property and Tax Law, with a multilingual team of professionals.
Bedrooms: 3
Bathrooms: 3
Built : 205 m2
Terraces: 157 m2
Price: €1,795,000
Luxurious, brand-new apartment close to the beach and Puente Romano Beach Resort. Set in an immaculate complex with beautiful gardens, pool and 24-hour security. This is an example of a southwest-facing duplex penthouse which has sea and mountain views. Other units are available. Completion scheduled for 2022.
Map: p174, north of Nº63
Ref: 11658
Bedrooms: 3
Bathrooms: 3
Built: 351 m2
Terraces: 102 m2
Plot: 857 m2
Price: €1,750,000
Beautiful family villa in Altos Reales, an exclusive gated community that offers 24-hour security and is one of the most sought-after on the Golden Mile. South-west facing, this home enjoys the sun throughout the day and is distributed over 3 levels. In immmaculate condition and within a 5-minute drive of Marbella town.
NAGÚELES
Bedrooms: 4
Bathrooms: 3
Built: 221 m2
Terraces: 39 m2
Plot: 1,200 m2
Price: €1,590,000
Homely, classical-style villa conveniently located in a very peaceful residential area, only a few minutes to Marbella town. Surrounded by a beautiful mature garden with various sitting areas, fruit trees and a lovely pool area. Electric underfloor heating in some areas. Great opportunity as a refurbishment project!
Ref: 7860 NAGÚELES
Bedrooms: 4
Bathrooms: 4
Built: 436 m2
Plot: 1,302 m2
Price: €1,390,000
Map: p174, Nº16
Lovely villa built on one floor, completely renovated in an Andalusianstyle and situated in a good urbanization not far from Marbella town. Features include: parking for 2 cars, sauna, lovely terraces, a mature, wellmaintained garden, swimming pool and lake. A very original, cool and bright home which allows for the construction of another floor if required.
Bedrooms: 3
Bathrooms: 3
Built : 230 m2
Terraces: 66 m2
Price: €1,310,000
Ref: 11762
Map: p174, Nº51
This south-facing spacious townhouse is walking distance to the beach and Puente Romano Beach Resort. Features include: roof-top solarium, TV room, solar panels and double glazing. Within a gated community offering 24-hour security, stunning gardens, 4 impressive pools (one heated) and a snack bar. An ideal location, close to all amenities.
Bedrooms: 3
Bathrooms: 2
Built : 142 m2
Terraces: 38 m2
Price: €1,240,000
Beachside penthouse in a lovely beachfront complex with 24-hour security in the heart of the Golden Mile, offering excellent qualities throughout. The community boasts beautiful gardens with pools and direct access to the beach. Two parking spaces are included with the property. Ideal for year-round living, or for holidays. Great rental potential!
Map: p175, Nº33
Ref: 12360
Bedrooms: 3
Bathrooms: 3
Built : 323 m2
Terraces: 121 m2
Price: €950,000
A rare opportunity to acquire one of the largest properties in Lomas Pueblo, a beauitful Andalusian-style community with a social club and stunning communal grounds with a pool. Distributed on 3 levels with a lift to each level this is a homely and elegant property walking distance to the beach and Puente Romano Beach Resort.
Map: p174, Nº63
Ref: 12608 LOMAS PUEBLO
Ref:
Bedrooms: 2
Bathrooms: 2
Built : 107 m2
Terraces: 98 m2
Price: €840,000
Bright and spacious penthouse in one of the most prestigious and consolidated areas, Las Lomas del Marbella Club, on the Golden Mile. Built to very high standards and only a few minutes drive to the beach and Puente Romano Beach Resort. Immaculately maintained and within a small community.
Bedrooms: 3
Bathrooms: 2
Built: 137 m2
Terrace: 118 m2
Price: €795,000
Steps to all amenities and just a short stroll to the beach and Marbella town. It is set in a gated and secure community with manicured gardens and pool. The home offers a bright living area with a glassed-in terrace and an immense, partly covered roof terrace which has great sea and garden views.
Bedrooms: 3
Bathrooms: 2
Built : 138 m2
Terraces: 34 m2
Price: €750,000
A minimalistic first floor south-east facing apartment enjoying incredible views of the sea and mountains and built to very high specifications. Set in an exclusive gated community with 24-hour security, social area, gym, indoor pool and beautiful communal grounds with pools.
Opening hours: 9am to 8pm, 7 days a week. Opposite the Marbella Club Hotel.
Bedrooms: 3
Bathrooms: 2
Built: 150 m2
Terraces: 29 m2
Plot: 80 m2
Price: €695,000
Immaculate townhouse in an established, secure community of only 13 homes. Recently renovated and offering all the comfort and features you would expect from a property of this price level. Great home for those who are looking for an area surrounded by nature, yet within 5 minutes’ drive to all amenities.
Map: p174, Nº21 Ref: 12384Nueva Andalucía is divided into two basic areas: the eastern section, comprising the area of Las Brisas del Golf and other sectors of higher quality villas and some areas of apartments, and the western section which is separated from Las Brisas del Golf by a very high ridge and comprises less expensive properties, including the village of La Campana, La Torre de Andalucía, and small villas and townhouses stretching down to the main road. The eastern section includes the famous Las Brisas Golf Course, a Robert Trent Jones championship course inaugurated in 1968, along with a beautiful golf club and hotel, and the Los Naranjos Golf Course, just behind the Las Brisas Course, also designed by Trent Jones, and inaugurated in 1977. To the east of Nueva Andalucía is the urbanization Aloha Golf, with yet another excellent golf course, golf club
and restaurant. To the west is the La Quinta Golf course, comprising three 9-hole courses and a beautiful hotel and a high quality development of villas and townhouses surrounding the hotel, all created by the incredibly successful property developer and hotel owner, Ricardo Arranz. No wonder this area is called the “Golf Valley”!
Puerto Banús. Jose Banús came from a family of builders and had achieved great success in building low income properties in Madrid and other cities in Spain. His project in Marbella was called “crazy” and “stupid” when he announced his plans, however his vision proved absolutely spot on, with incredible success achieved in the 70’s and the worldwide acclaim for the imagination in the design and architecture of Puerto Banús.
Bedrooms: 9
Bathrooms: 9
Built: 1,197 m2
Plot: 2,580 m2
Price on application
Outstanding one-of-a-kind frontline golf mansion with direct buggy access to the course. Exquisitely decorated, this villa is offered furnished “as is”, ready to move into. There are 9 ensuite bedrooms, two of which include the staff apartment. Features include: wine cellar, cinema room, bar, gym, indoor spa with a 12-metre heated pool, sauna & steam room.
Map: p176, Nº23
Map: p176, Nº27
Bedrooms: 7
Bathrooms: 6
Built: 328 m2
Terraces: 77 m2
Plot: 1,574 m2
Price: €4,995,000
Beautifully renovated and exquisitely decorated frontline golf villa with views of Los Naranjos Golf course. Landscaped gardens with heated pool, chill-out area and a BBQ with views over the golf course. Other features include a cinema room, wine cellar, gym with sauna and a double garage. A one-of-a-kind property, within a 5-minute drive to Puerto Banús.
Ref: 12019
Bedrooms: 5
Bathrooms: 5
Built: 495 m2
Terraces: 381 m2
Plot: 1,408 m2
Price: €4,595,000
A beautifully finished frontline golf villa in a quiet residential area situated in a cul-de-sac. Tastefully renovated throughout, this is a perfect family home close to schools, golf courses, shops and Puerto Banús. Features include: heated outdoor pool, indoor pool, Jacuzzi, exterior kitchen with BBQ, Sonos sound system with speakers on terraces and much more.
Ref: 8990
Bedrooms: 5
Bathrooms: 5
Built: 805 m2
Plot: 2,582 m2
Price: €4,500,000
Map: p176, north of Nº20
A warm, wonderful and very private mansion with sea views, within easy walking distance of Puerto Banús. This family home is surrounded by a beautiful large mature garden with several water features, ideal for elegant day or night time entertaining. Boasting modern features with a touch of old world sophistication.
Bedrooms: 5
Bathrooms: 4
Built: 556 m2
Terraces: 418 m2
Plot: 1,237 m2
Price: €3,695,000
Ultramodern villa with fabulous views of La Concha mountain. Open-plan living/dining room and kitchen with Miele appliances. Features include: underfloor heating, automatic irrigation, electric gate, digital video intercom, pool and Jacuzzi on the rooftop terrace. Underground garage for 3 cars and parking space for a further 2 cars on the ground level.
Ref: 11621
Bedrooms: 5
Bathrooms: 6
Built: 657 m2
Terraces: 85 m2
Plot: 1,588 m2
Price: €3,350,000
Map: p176, below Nº28
This exquisite family villa exudes classical elegance and provides an idyllic environment from which to enjoy a truly Mediterranean lifestyle. The westfacing plot offers stunning frontline golf views, a large pool, wonderful mature gardens and chill-out areas. A beautiful villa of timeless charm situated in a privileged area, a must see!
Bedrooms: 4
Bathrooms: 4
Built: 492 m2
Terraces: 316 m2
Plot: 900 m2
Price: €3,200,000
Map: p175, north of Nº23
Contemporary villa within just 10 minutes’ walk to the beach and amenities in Puerto Banús and Nueva Andalucia area. Incorporating modern clean lines and built to the highest quality standards. A spacious, light, and above all, inspiring home ideally suited to modern day living.
Bedrooms: 3
Bathrooms: 3
Built: 226 m2
Terraces: 115 m2
Price: €2,999,000
Ideally positioned penthouse with fabulous views to the sea and gardens, set within a 5-star complex and walking distance to Puerto Banús. Features include: marble floors, underfloor heating, latest high efficiency hot and cold air conditioning and smart home system. The gated community offers 24-hour security, landscaped gardens, 3 swimming pools and a gym.
Map: p176, Nº25
The Red Pepper Restaurant has the highest quality food, generous portions, a great atmosphere and the best service, all at very resonable prices.
The Red Pepper Restaurant has the highest quality food, generous portions, a great atmosphere and the best service, all at very resonable prices.
Christopher Clover
Christopher Clover
RESERVATIONS: 952 812 148
RESERVATIONS: 952 812 148
Bedrooms: 4
Bathrooms: 4
Built: 351 m2
Terraces: 49 m2
Plot: 986 m2
Price: €3,195,000
Contemporary west-facing villa in a central area of Nueva Andalucía, close to golf courses, schools and amenities. Beautiful living space with fireplace opening onto the terrace and kitchen. Lovely gazebo with a kitchen. Chill out area/games room next to the pool and lots of outdoor terrace space. A beautifully designed and finished villa, ready to move into!
Map: p176, Nº26
Bedrooms: 3
Bathrooms: 3
Built: 241 m2
Terraces: 73 m2
Price: €2,225,000
Frontline beach property in the very heart of Puerto Banús. Secluded mature gardens with pool, fountains and water features give the impression of being in a tropical oasis within the vibrant port. A spacious apartment with unparalleled sea views. A great renovation project with good rental potential.
Map: p176, Puerto Banús
Ref: 12136
Bedrooms: 4
Bathrooms: 4
Built: 215 m2
Terraces: 220 m2
Price: €2,200,000
Map: p176, north of Nº28
An exclusive frontline penthouse on Las Brisas Golf course with panoramic views to the sea, mountains and golf course. Completely renovated with the best quality materials - no expense has been spared in refurbishing this property. Sold fully furnished with Fendi and Armani furniture with many pieces custom-made for the property.
Map: p176, Nº28
Bedrooms: 2
Bathrooms: 2
Built: 163 m2
Terraces: 43 m2
Plot: 762 m2
Price: €899,000
Modern villa within a minutes’ drive to all amenities. Beautiful views of La Concha mountain and surrounding areas. Possibility for extension (included in the price) for an additional bedroom and bathroom on the lower level. This villa is ideal for families wanting a sense of tranquility, yet still being very close to all amenities.
San Pedro de Alcántara (St. Peter of Alcántara) is situated in the fertile plain of the same name, Vega de San Pedro Alcántara, a broad stretch of coastal lowland surrounded in a semicircle by rugged hills. It’s just 10 kilometres west from Marbella, a few minutes drive away from the natural beauty of the Sierra de Ronda mountain range and 20 km from the town of Estepona. An ancient farming community, once famous for sugar cane, today San Pedro is a refreshingly unspoilt pueblo with an appeal all of its own.
Historical attractions include the famous Marbella arch from the west entrance, the 3rd Century Las Bovedas Roman Baths and the Paleochristian Basilica Church, to name a few. With a long golden sandy beach and exquisite
beach restaurants lining the coast, locals can enjoy a long walk on the beach followed by a delicious meal out. Another popular location is the Plaza de la Iglesia with its gracious parish church and square and surrounding narrow streets which are packed with intriguing small shops, sidewalk cafes and bars.
Guadalmina, a mature urbanisation mostly developed in the 1980’s, is located just west of San Pedro and is essentially a beachside community that stradles the A7/N340 coast road, dividing it into Guadalmina Alta and Guadalmina Baja. Some of the areas most prestigious villas can be found in Guadalmina. Its west boundary runs along the Guadalmina River which is also the Marbella / Estepona boundary.
GUADALMINA
Bedrooms: 6
Bathrooms: 5
Built: 1,104 m2
Terraces: 449 m2
Plot: 23,130 m2
Price on application
An impressive and immaculate villa, next to Guadalmina Alta and a short drive to the beach. The extensive plot gives the property a lot of privacy and plenty of space to entertain guests with part of the plot being rustic land. Built with top quality materials and interior design by Ambience Home Design.
Map: p177, Nº36
Ref: 12549
A unique plot with direct access to the beach. Classified by the General Plan with a zoning of UE-3 for the construction of a maximum of 7 villas with a building volume of 25% and a minimum plot size of 800 m2. The land can also be destined for hotel use. For urbanistic purposes, the size of the plot is estimated to be 5,700 m2.
Bedrooms: 5
Bathrooms: 5
Built: 916 m2
Plot: 3,549 m2
Price: €4,975,000
Opportunity to acquire one of the most charismatic, contemporary riads in Marbella, located only 100 metres to the sea in the peaceful, much sought-after residential area of Casasola, next to Guadalmina Baja. Offering complete privacy this stunning home is close to San Pedro town and Puerto Banús.
Bedrooms: 7
Bathrooms: 7
Built: 501 m2
Terraces: 117 m2
Plot: 800 m2
Price: €1,895,000
Beachside villa in a consolidated community walking distance to the beach with all amenities to hand. Bright and spacious, this home is south-west facing and enjoys sun throughout the day. Features include: enormous games room with bar, gym, cinema area, underfloor heating, pool with pre-installation for heating and security system.
Map: p177, Nº33 Ref: 12130The Benahavís municipality comprises about 145 km2 and encompasses some of Europe’s finest residential addresses such as La Zagaleta, El Madroñal, La Quinta, the Marbella Club Golf Resort, Los Flamingos, Monte Mayor, Real de La Quinta, Los Arqueros and Reserva de Alcuzcuz, and many others. Situated on the south face of the Serranía de Ronda, just seven kilometres from the sea, the village of Benahavís is one of the western Costa del Sol’s most mountainous villages. Over the years real estate in the municipality of Benahavís, in the hills outside the village with the peace and quiet in a beautiful country setting, has become more and more popular.
The village itself is renowned for its gourmet restaurants with some calling it the “dining room of the Costa del Sol”. Boasting 12 of the Costa
BENAHAVÍS
del Sol’s 70 golf courses, it is also a hotspot for golf lovers.
La Quinta lies within the Benahavís municipality on the border between Nueva Andalucía and the open countryside. It has a distinct country club environment and is a popular venue for holiday homes and year-round living. The origins of Grupo Inmobiliario La Quinta date back to the end of the 1980’s, when Tomás Pascual, founder of the Pascual Corporation, acquired land for the construction of a golf course and began a series of real estate initiatives in the area. Following a few years of land management collaboration with Inmobiliario Bilbao, Grupo Inmobiliario La Quinta was founded in 1992 to directly manage the properties. The company has developed more than 1,000 homes in this residential complex of over 160 Hectares.
LA QUINTA
SAN PEDRO
GUADALMINA
PUERTO BANÚS
Bedrooms: 9
Bathrooms: 9
Built: 2,512 m2
Terraces: 589 m2
Plot: 8,612 m2
Price on application
Stunning mansion in an elevated position in La Zagaleta. Built to the highest standards with exquisite attention to detail. Features include: beautiful Spa area with sauna, Turkish bath, gym, bar & heated indoor pool, underfloor heating, lift, smart home system and garage for up to 9 cars. Interior design by Ambience Home Design.
Map: p176, Nº32
Ambience is a multiple award-winning and market leading Interior architecture firm that brings creative, inspirational residential and retail projects to life around the globe. Our team consists of 23 professionals: architects, interior designers, 3D render artists , furniture designers, communication manager, project managers, the admin & logistic team and of course a installation team. Since 2005, Ambience has been commissioned to work on luxury projects in the UK, Belgium, Hong Kong, The Netherlands, Germany, Egypt, Switzerland and St Lucia, and has ongoing projects with renowned architects and developers in both Spain and abroad.
We are experts in turn-key projects and meticulously plan every design aspect of your home, from the entire interior design and furniture concept to Kitchens, bathrooms, fireplaces, wardrobes, floors, etc. attending to the most smallest details such, matched to perfection with our carefully chosen craftsmen for our recognized and influential bespoke designs, as well as always sourcing the new international providers and partnering with the most renown furniture brands, lighting & accessory worldwide.
We believe that synergetic partnerships are the key to the steady growth of our company and our international success.
Map: p176, Nº32
Bedrooms: 5
Bathrooms: 5
Built: 1,684 m2
Terraces: 371 m2
Plot: 8,612 m2
Price on application
Unique masterpiece of a modern villa with a classic twist in the world famous residential country club of La Zagaleta. The property has large windows everywhere, giving a feeling of living inside/outside in the surrounding nature. The estate enjoys a beautiful owners’ club, equestrian centre, heliport and has 24-hour security.
Bedrooms: 7
Bathrooms: 7
Built: 1,722 m2
Terraces: 304 m2
Plot: 6,000 m2
Price on application
Stunning frontline golf estate with guest house on one of the best plots in La Zagaleta. Impressive courtyard with fountain and incredible mature lush gardens. The master suite has a living room, terrace and “his & hers” ensuite bathrooms. Other features include a heated pool, spa with sauna, Jacuzzi, gym and bar, garage for 6 cars and a staff apartment.
Bedrooms: 7
Bathrooms: 7
Built: 1,257 m2
Plot: 5,294 m2
Price: €5,950,000
This luxurious villa is situated in the prestigious La Zagaleta with incredible views to the mountains. Features include: wine cellar, bar/games room, cinema, full indoor spa with heated pool, sauna, Turkish bath and gym, laundry room, staff room and separate guest apartment. Mature garden with pool, lounge area and outdoor kitchen/bar. Garage for 3 cars.
Bedrooms: 5
Bathrooms: 5
Built: 642 m2
Terraces: 102 m2
Plot: 1,388 m2
Price: €4,200,000
Modern villa in Los Flamingos with fabulous views to the golf course and sea, next to the Villa Padierna Hotel with all its facilities at hand. Set in a cul-de-sac and south-west facing, the villa offers full privacy and tranquility. Tastefully furnished and decorated. Features include: Smart Home system, heated salt water pool and much more.
Bedrooms: 4
Bathrooms: 5
Built: 794 m2
Terraces: 89 m2
Plot: 4,746 m2
Price: €3,990,000
Set in the prestigious Marbella Club Golf Resort, this stunning Mediterranean-style villa is impeccably kept and located in a privileged position within the resort, with panoramic views and direct access to the golf course from the property. A gated residential community with 24-hour security, golf course, equestrian centre and club house.
Map: p176, west of Nº32
Ref: 11693
Bedrooms: 3-4 ensuite
Built: 609-756 m2
Plots: 1,107-10,005 m2
Prices from: €3,295,000
This luxury development of 18 design-led villas has uninterrupted sea views to Gibraltar and Africa beyond. Private, gated community within Real de La Quinta (also gated). All villas include a multi-use basement that can be customised to requirements. Offered with the option of purchasing the designer furniture, fittings and decorations. Just 15 minutes from Marbella.
Bedrooms: 3
Bathrooms: 3
Built: 233 m2
Terraces: 311 m2
Price on application
Brand-new penthouse in a 5-star residential resort complex with all amenities. Voted Best Residential Project in Europe and currently under construction. A boutique development that puts emphasis on architecture and design. Offering 2, 3 and 4 bedroom apartments with generous living space and panoramic views.
The “New Golden Mile” starts at the Río Guadalmina just west of San Pedro, and stretches all the way to Estepona. The term “New Golden Mile” was born during the property boom in the early 2000’s and is commonly used on the coast even though it’s not really an official name. It has become one of the hot spots of the Costa del Sol’s property market with a variety of desirable homes in all price ranges, and an amazing number of development projects underway due to the greater availability of land than in the Marbella area.
The area is comprised of many urbanizations, including Casasola, Atalaya Park, Benamara, El Paraíso Barronal, El Paraíso, Paraíso Alto, Costalita, Torre Bermeja, Selwo, Alcazaba Beach, and many others, as well as exclusive villas, apartments, townhouses and hotels.
The majority of the beachfront urbanizations, including Velaya on the east of Estepona and The Edge on the west, offer 24-hour security, pools, sea views, tropical gardens, direct access to the beach and are walking distance to amenities and restaurants.
Bedrooms: 10
Bathrooms: 10
Built: 892 m2
Terraces: 425 m2
Plot: 600,045 m2
Price: €7,500,000
An authentic Spanish country estate set against the backdrop of the Sierra Bermeja mountains on 60 hectares of rural land with stunning views across an avocado orchard down to the sea. Features include: heliport, hangar with refueling tank, cinema room, spa with Jacuzzi and sauna, B&O audio and video system, 6-car garage and security cameras.
Map: p177, north of Nº41
Bedrooms: 5
Bathrooms: 4
Built: 468 m2
Terraces: 52 m2
Plot: 19,246 m2
Price: €4,900,000
Elegant south-facing mansion with spectacular sea views from all levels, on nearly 2 hectares of land. Surrounded by a beautiful garden, salt water pool, private tennis court and an orchard with avocado, orange & lemon trees. A unique property for those searching for privacy and space, within a 10-minute drive to Estepona and a 5-minute drive to the beach.
BAHÍA DEL VELERÍN
Bedrooms: 3
Bathrooms: 2
Built: 159 m2
Terraces: 33 m2
Ref: 12510
Map: p177, Nº41
Price: €1,480,000
Fully refurbished triplex penthouse in a small complex with stunning panoramic views to the sea. The property features an open plan, L-shaped living area with an electric fireplace and sea views. The community has 24hour security, landscaped gardens, an amazing swimming pool and direct access to the beach and promenade.
Bedrooms: 4
Bathrooms: 4
Built: 146 m2
Terraces: 130 m2
Price: €1,266,000
Brand-new contemporary project of 68 exclusive apartments and penthouses and 2 magnificent villas built to the highest qualities and finishes. The complex has large landscaped areas and pools. Magnificent views of sunrise and sunset from the terraces all year round. This is an example of a ground-floor apartment.
Ref: 09753
Bedrooms: 2
Bathrooms: 2
Built: 108 m2
Terraces: 56 m2
Plot: 50 m2
Price: €792,000
In a prime location on the seafront this new complex has 24 apartments, 6 townhouses and 2 villas. A gated community with 24-hour security, gardens with water features and access to the beach. Exterior heated infinity pool, children’s playground, tennis and padel court, and open cardio gym. Other units available.
This area started developing in the mid-sixties and is surrounded by extensive tracts of Marbella’s most beautiful beaches, including the Las Dunas de Artola, 1,200 metres of protected natural beach area in Cabopino, declared a Natural Monument in 2001, first-class golf courses and green zones covered by pine trees and cork oaks. This residential, mostly family, area offers stunning communities such as the Río Real golf development, La Reserva de Los Monteros, Los Altos de Los Monteros, Bahía de Marbella, Los Monteros, Costabella, El Rosario, Elviria, Las Chapas, Hacienda Las Chapas, Marbesa, the natural reserve of La Mairena, which is seen as part of Elviria as it’s only 5 km up the mountain, but it is actually part of another municipality and many more up-to and including Cabopino and its pretty little sporting marina.
Along the coastline of Marbella East we find some of the most trendy beach clubs and restaurants such as Nikki Beach, La Cabane, Trocadero Arena and the Beach House among
others. The area also boasts prestigious international schools, tennis clubs and leisure facilities, clinics, vets and many of the finest restaurants, cafés and shops.
Marbella East is also ideal for golf lovers with four 18-hole golf courses and three 9-hole golf courses on a stretch of 10 kilometres: The Río Real, Santa Clara, Santa Maria, Cabopino, Greenlife Golf, Marbella Golf and Artola Golf.
Marbella East has something to suit most tastes and budgets. You can find luxurious and opulent villas, modern apartments and typical Andalusian homes, including fincas and country houses.
The area is seeing many new low-rise high-end developments that have just been completed or are under construction, offering modern villas, apartments and townhouses, and there are two major 5-star projects under development which will turn the Marbella East area into yet another sought-after luxury hot spot of Marbella.
Bedrooms: 6
Bathrooms: 6
Built: 602 m2
Terraces: 491 m2
Plot: 1,922 m2
Price: €6,950,000
State of the art villa with panoramic views over the Mediterranean coast, in the hills of Los Monteros, a 10-minute drive to Marbella town. Offering the latest in high spec design for lovers of the contemporary lifestyle. Featuring: Domotic system, piano, bar, gym, garage for 10 cars, high level security and much more.
Map: p176, south of Nº45 Ref: 12553 LOS ALTOS DE LOS MONTEROS
Bedrooms: 4
Bathrooms: 4
Built: 334 m2
including terraces
Price: €4,700,000
A spectacular home with panoramic sea views in an exclusive beachfront complex, just a 5-minute drive to Marbella. Offering lush tropical gardens, a large communal pool, 24-hour security and CCTV surveillance. Bright and spacious rooms, an ideal home for those looking for privacy and tranquility.
Map: p177, between Nº44 & Nº46
Bedrooms: 10
Bathrooms: 7
Built: 517 m2
Terraces: 163 m2
Plot: 6,681 m2
Price: €3,495,000
Beautiful villa with guest house set on a large plot, enjoying superb sea views. The main house is distributed over one level and has been kept in its traditional style from the outside but the interior has been refurbished in a modern style. Large pool and a mature garden with fruit trees. Part of the lower plot can be used to build an additional villa, if required.
Bedrooms: 5
Bathrooms: 4
Built: 510 m2
Terraces: 105 m2
Plot: 2,858 m2
Price: €3,400,000
A homely and elegant villa that is just 500 metres to the beach and located next to the 5-star Los Monteros Hotel. Situated in a quiet and established community with 24-hour security. Features include: separate guest room, separate garden house, mini spa with sauna and shower, garage for 2 cars. Beautifully decorated and immaculately presented.
Map: p177, east of Nº44
Handpicked luxury villas, apartments and townhouses in incredible locations, for both long and short-term rent in Marbella and the surrounding areas. Renting a property offers the perfect opportunity to experience life in Marbella and helps to decide on the ideal property if you’re thinking of buying.
We offer a fully personalised service using our direct database of handpicked quality rentals. From apartments to townhouses and villas, we negotiate the best terms and see our clients through the contract procedure, as well as settling them in and assisting throughout the whole tenancy.
Our small team of highly experienced consultants speak English, Spanish, French & German. Come and see us for an informal chat (we’re opposite the Marbella Club Hotel).
Tel: (+34) 952 901 015 or e-mail us at: rentals@panorama.es
Bedrooms: 9
Bathrooms: 8
Built: 879 m2
Plot 7,054 m2
Short-term: July & August
Price on application
A classic home of timeless beauty and elegance located in the grounds of the emblematic Marbella Club hotel, just a short stroll from the beach. The villa is serviced by the hotel, including daily housekeeping, room service and 24-hour security patrol.
Map: p174, Nº6
Ref: 12423 PUENTE ROMANO
Bedrooms: 3
Bathrooms: 3
Built: 450 m2
including terraces
Short-term Price on application
This contemporary villa has a minimalist modern architecture, is surrounded by tropical trees and less than 50 metres from the beach. The property has floor-to-ceiling windows, open-plan living room on the first floor with access to a spacious south-facing terrace that runs down two sides of the house. Within the Puente Romano Beach Resort.
Map: p174, Nº34
Bedrooms: 6
Bathrooms: 6
Built: 2,491 m2
Plot: 8,625 m2
Long/Short-term
Price on application
A luxurious family home with exceptional qualities including a spa area with indoor pool, Turkish bath, sauna, cold plunge pool, full gym, cinema room, bar & games room, garage for 12 cars and separate guest apartment. Beautiful landscaped gardens with 2 pools and a cascading waterfall. Sought-after gated community with 24-hour security. Also available for sale.
Bedrooms: 6
Bathrooms: 6
Built: 1,874 m2
Plot: 2,697 m2
Short-term: € 40,000 pw
State of the art luxury villa located in the prestigious urbanisation of Sierra Blanca, Marbella. The property has sea views from the ground floor and features a rooftop private solarium with pool. Other features include: professional gym, wine cellar, games & chill out room, sauna, steam room, home cinema, 3-4 car garage and a separate guest apartment.
Map: p174, Nº13
Bedrooms: 6
Bathrooms: 5
Built: 570 m2
Plot: 2,826 m2
Short-term: € 16,000 pw
Long-term: € 15,000 pm
Impeccable villa fully furnished and decorated, located walking distance to Swans International School. The outdoor area includes a spacious terrace partially covered, two pools, BBQ area and an extensive garden with a separate guest house. Garage for 3 cars plus further parking space right at the entrance. Also available for sale at €3,495,000.
Bedrooms: 5
Bathrooms: 6
Built: 1,200 m2
Plot: 3,131 m2
Short-term: € 15,000 pw
Lovely villa with impressive panoramic sea views in one of the most exclusive areas of the Golden Mile, offering 24-hour security. It comprises 5 ensuite bedrooms and is distributed over three floors. Special features include: a large garage for 6 cars, sauna, wine cellar, storage room and much more. Also for sale at € 4,900,000.
Map: p174, Nº21
Ref: 12562
Bedrooms: 4
Bathrooms: 4
Built: 470 m2
Plot: 1,187 m2
Long-term: € 10,000 pm
Charming south-facing family villa in a gated complex with sea views close to Marbella centre. The complex boasts 24-hour security. Special features include: underfloor heating, marble floors, wooden carpentry, double glazed windows, 4-car garage, storage room and much more. Also for sale at € 2,300,000.
Bedrooms: 3
Bathrooms: 3
Built: 195 m2
Long-term: € 5,000 pm
Spectacular contemporary style apartment in one of the best areas on the Golden Mile. The complex offers beautiful communal gardens with pools and 24-hour security. This immaculate apartment, distributed over one level is built to top specifications and is a superb home, perfectly designed for outdoor living with plenty of terraces. Magnificent views!
Bedrooms: 3
Bathrooms: 3
Built: 164 m2
Terraces: 90 m2
Long-term: € 4,500 pm
Exclusive duplex penthouse with amazing sea views and private pool in a sought-after area on the Golden Mile. The development has a 24-hour security service and beautiful communal gardens with pools. Private, large parking space and storage room in the underground garage are included.
