The Marbella Property Magazine Volume 11

VOLUME 11

Marbella Property Market Report 2019 Over 130 of Marbella’s most elegant homes Buyer’s and Seller’s guides

Spectacular Estate in Guadalmina, page 68

PUBLISHED BY PANORAMA, MARBELLA’S LONGEST ESTABLISHED REAL ESTATE AGENCY

EXCLUSIVE REAL ESTATE SINCE 1970

Regulated by RICS

Letter from

THE PUBLISHER L CE

E BR A T I N

G

A

So much has happened in Marbella in the last year resulting in positive news for everyone.

The beginning of the end of the bottleneck in issuing building licences, unblocking many other planning issues, commencement of the steps necessary to draw up a new General Plan for the municipality, the announcement of the arrival of the Four Seasons Resort, the construction of the most sophisticated homes and apartments one can find anywhere in the world...read about all this and much more in our Market Report starting on page 4.

Panorama continues to be one of Marbella’s strongest agencies. We pay enormous attention to detail, produce world-class marketing, and are superb, highly experienced

A

LL

YE

It’s hard for me to believe that negotiators. Today we are a team our agency is now beginning of 26 professionals (speaking its 50th year in our beautiful 13 different languages) and are Marbella, and how Marbella has highly trained in all aspects of evolved towards reaching its our work. With two perfectly full potential with its 12-month located offices on Marbella’s RS E B I season, which was one of the main Golden Mile, Panorama is a real N MAR reasons we opened our first office estate agency regulated by RICS, the here in 1970, when people were already Royal Institution of Chartered Surveyors, calling Marbella the California of Europe. See one of only two residential real estate agencies in all of Spain, and I am personally our article on page 28 about the history of our a Fellow of RICS. Nothing can give a greater agency and my family with four generations of guarantee with respect to experience, real estate agents, including my children Alex solvency and ethical conduct than a RICS and Katinka who have now been with us for regulated real estate agency. more than 15 years.

This year we take great pride in announcing a joint venture with Puente Romano, in opening a new real estate office called Puente Romano Real Estate, to service the clients of Puente Romano and Nobu. Our history with Puente Romano goes back some 25 years, when we first opened a second office there and when I was asked to join the Board of Directors of the hotel where I served for several years.

This publication is produced by our own team, with the brilliant assistance of Cheryl Gatward. My special thanks to my son Alex and daughter Katinka and my assistant, Carolina Alaniz for their hard work in leading this effort as well as Alfonso Muñoz and our team for their excellent collaboration.

Christopher Clover, FRICS Managing Director, Panorama Properties

VOLUME 11

4 The Marbella Property Report 24 Puente Romano Real Estate 28 115 years in Real Estate 40 Buying a Property 46 Seller’s Guide 52 Four Seasons Resort Marbella 54 RICS Professional Standards 57 Selection of Panorama Properties 58 Beachfront Mansion like no other 64 Beachside Bliss 68 Spectacular Guadalmina Estate 184 Rentals Department 190 Aerial Photo Maps of Marbella

Edita / Published By: Panorama Properties S.L. Tel: (+34) 952 774 266 www.panorama.es Fecha de Publicación: 15 de abril de 2019 Domicilio Social: Edif. Centro Expo, Blvd. Alfonso de Hohenlohe, s/n 29602 Marbella, Málaga, España Depósito Legal: MA-4432004 PANORAMA y el logotipo de Panorama son marcas registradas. Marbella Property Magazine es una marca registrada.

Publisher: Panorama Properties, S.L. Editors: Alex Clover, Christopher Clover, Katinka Clover Production: Alex Clover & Cheryl Gatward Property Section: Katinka Clover, Sven Bauer Art Direction & Design: Cheryl Gatward for Next Idea S.L. Layout: Sarah Gatward for Next Idea S.L. Professional Photography by: Wayne Chasan, Charly Simon, Daniel Posner, Pedro Jaén, MiMove, Property Sales Tools Contributors: Christopher Clover, Alex Clover, Fiona Flores Watson Proofing: Carolina Alaniz, Irene Sierra

Cover photo: by Charly Simon, for further information on the property see page 68.

Advertising enquiries: Please call Alex Clover at Panorama’s headquarters on Tel: (+34) 952 774 266 Impreso en España por Jiménez Godoy. Copyright © 2019 Panorama Properties S.L. Todos los derechos reservados.

Ninguna parte de la presente publicación, su formato o la información en ella contenida puede ser reproducida, vendida, traducida, transmitida o retenida en ningún tipo de sistema de almacenamiento o de recuperación de información sin el consentimiento previo por escrito del editor. Se ha hecho todo lo razonablemente posible para asegurarse de que la información contenida en la presente publicación sea exacta. No se acepta, sin embargo, responsabilidad alguna por cualquier perjuicio sufrido, de la forma que fuere, por cualquier sociedad o persona que confíe en la información aquí incluida. Tampoco se acepta responsabilidad alguna por cualquier error u omisión o cambio en la información contenida en la presente publicación.

The information contained in this magazine is provided in good faith and believed to be accurate at the time of publication. Nevertheless, it is subject to error or omission, and the properties advertised are also subject to prior sale, price change or withdrawal from market. Legal diligence files are available for every property visited by a client.

Energy certificates for each property are available upon request.

2

MARBELLA’S LONGEST ESTABLISHED REAL ESTATE AGENCY

Marbella Property MARKET REPORT 2019

By Christopher Clover, FRICS

Christopher Clover has been writing about Marbella property for 49 years. odern day Marbella began in the mid-1940s with the arrival of the charismatic Ricardo Soriano Sholtz von Hermensdorff, Marquis of Ivanrey followed Ricardo Soriano

by his nephew Prince Alfonso von Hohenlohe and his father, Prince Maximilian Egon von Hohenlohe-Langenburg, and their role in the building and opening of the Marbella Club Hotel in the mid-50s. They were influential in creating one of the very first models of “residential tourism”, which is defined as tourism based on the purchase of a second or retirement home. Due to the affluence and vastly increased mobility of modern society, residential tourism, as pioneered by Marbella and other Spanish coastal areas in the 1950s, has now become a worldwide phenomenon.

Thanks in large part to the vision of Don Ricardo and Prince Alfonso, along with the leadership of many influential people they invited to Marbella during those years, and of many other personalities that followed, right up until today, Marbella has been incredibly fortunate to remain a low density, low rise, high quality jewel on the Mediterranean, unlike the overbuilding prevalent to the east of Marbella and in many other coastal destinations.1 Due to its incredible climate in the southernmost point of Europe, added to the care taken in its development over the years, Marbella, with its 12-month season, is unique on the entire Mediterranean coast, in contrast to other resort cities which close down at the beginning of autumn and gradually come back to life in the spring. Even in the middle of the winter, Marbella still buzzes with activity and events of all types due to its winter population of at least 300,000 inhabitants, between the official and the “floating” unregistered residents.

Consistent pace of development and a focus on high-quality properties Over the last years, since the market began to recover in 2012, the greater Marbella area (including Estepona-East and Benahavís) is now seeing hundreds of new properties being built with an emphasis on modern design, most with state-of-the-art installations, including intelligent home systems that allow absolute

1. For a brief history of Marbella see the article on our blog “Marbella of the ‘70s” www.panorama.es/blog/marbella- 1970s-our-first-years/

4

MARBELLA’S LONGEST ESTABLISHED REAL ESTATE AGENCY

Foreign Purchases in Spain since 2006 and Percentage of Total Sales 18%

70000

16%

60000

14%

50000

12%

40000

10%

30000

8%

20000

6%

10000

4%

0

2006

2007

2008

2009

2010

2011

2012

Total purchases by foreigners

control of the entire home by just pressing a button, even remotely. In the most consolidated residential areas, there are hundreds of properties that were built at least 20 years ago, and are now being completely refurbished to the highest standards to satisfy the requirements of the current market. The key word now is quality, and never before has Marbella seen such a wide variety and choice of high quality properties available for sale.

The greater Marbella area is in the process of fulfilling every expectation of measured, quality, sustainable real estate development along with substantial modernisation and improvement of infrastructure and services. The result is the increasing popularity of this unique area as a true oasis for year-round residential tourism that caters to the more sophisticated and discerning lifestyle needs of today’s buyer, as well as to the classic tourist that stays in hotels

2013

2014

2015

2016

2017

2018

% of purchases by foreigners

Sales

Colegio de Registradores de la Propiedad

80000

2%

Percentage of total on sales (%)

and rented accommodation. Over the following pages we will analyse in depth the state of the real estate market in this area today.

In 2018 overall residential sales in Spain matched only 2008 levels, while the number of foreign buyers broke records On a national level, according to the Ministry of Public Works and based on the figures of the National Institute of Statistics, 2018 ended with the best results of the last ten years, with 557,919 residential properties sold (not including public housing sales) of which 50,875 were newly built properties and 507,044 sales of resale properties.2 These figures represent an increase of 9.4% over the previous year with a sharp upturn in sales noted in January 2019 (see the graphs on the following page).

During 2018, architects associations throughout

2. https://www.fomento.gob.es/be2/sedal/34010120.XLS

EXCLUSIVE REAL ESTATE SINCE 1970

5

Marbella Property MARKET REPORT 2019

Evolution of Sales in Spain since 2007

Evolution of Sales in Marbella, Estepona & Benahavís since 2007

600.000

TOTAL 7,198

8,000

800.000 TOTAL 557,915 Used 507,044

400.000

Used 6,594

6,000

4,000

2,000

200.000

New

New 0

07 08 09 10 11 12 13 14 15 16 17 18 19

50,875

0

07 08 09 10 11 12 13 14 15 16 17 18 19

604

Source: Ministerio de Fomento: www.fomento.gob.es

Spain approved projects for the construction of 100,723 new units, the highest figure since 2009 but still far from the 865,000 in the pre-crisis year of 2006.3

is undergoing a moderate and sustained increase…which leads us to believe that this tendency will last, at least, for the first half of 2019”.5

The Land Registry reports that 12.64% of the buyers in 2018 came from outside of Spain, led once again by the UK, representing 15.54% of the total number of foreign buyers who bought twice as many properties purchased by either Germans or French, second and third respectively. 4

Other professionals were less reserved in their assessment: the most important real estate investment trusts (SOCIMIs), including Merlin y Colonial (quoted on the Madrid Stock Exchange) and the national property developers Neinor, Aedas, Metrovacesa and Vía Célere, are all in agreement that “the foundations of the market are solid and there is excellent potential for growth in the next two or three years, even though more moderately now than in the past five years”.6

(Note: there is a slight variation between Land Registry statistics and that of the National Institute of Statistics due to the time difference between signing the deeds and the registration of them.)

Real estate expert José María Basañez, CEO of TecniTasa, (one of the largest valuation companies in Spain) is confident in a stable growth of the Spanish property market. He recently stated that “the real estate market

Coming closer to home, in Andalucía, foreign buyers (according to 2017 statistics) represent 13.11% of total purchasers. It is worth noting that nationalities of buyers change according to the region.

As has been the case for decades now, British

3. From www.idealista.com “Los visados de vivienda repuntan y despiden 2018 en niveles que no se veían desde 2009” 4. Estadística Registral Inmobiliaria, 4 trimestre 2018, page 22 5. http://www.tecnitasa.es/ 6. El Pais, Cinco Días: “Las grandes inmobiliarias prevén un ciclo sólido para los próximos años”, 14 January, 2019

6

MARBELLA’S LONGEST ESTABLISHED REAL ESTATE AGENCY

The foundations of the market are solid Marbella Property REPORT 2019 and thereMARKET is excellent potential for growth in the next two or three years

nationals are the top ranking foreign buyers in Andalucía by a large margin of 21.4%, followed by the Swedes with 11.6%, and the Belgians in third place with 8.11%. In the Balearics, for example, the leading nationality was the Germans at 37%, followed by the British at 15% and the Italians at 7%.7

RegisteredProperty Property Registered Purchases by Foreigners Purchases by Foreigners in Andalucía 2018 in Andalucía inin2017 Rest 32.75%

United Kingdom 22.49%

In the province of Málaga, foreign purchasers represented 28.98% of all residential buyers in 2018.8 .88%

Belgium 8.06%

M

5 cco oro

any 4 .57%

Germ

nd

an ia

lla Ho

Ro m

The greater Marbella area’s real estate market is about two years ahead of the national market and consequently slightly more mature. For example, on a national level, residential sales volume in 2018 has only now reached the crisis level of 2008, whereas the sales volume in the greater Marbella area is now higher than the peak boom years of 2006 and 2007 as indicated in the charts on the next page.

France 4.72%

% 5% .65 4 .

2 2 k ly ar Ita m n De

2.

6 3.6 9% 5%

Marbella area residential sales continue to be strong

Sweden 10.09%

7. Anuario de Registradores, 2017 8. Anuario de Registradores, 4 trimestre 2018, page 29

EXCLUSIVE REAL ESTATE SINCE 1970

7

Marbella Property MARKET REPORT 2019

Total Number of Residential Sales Transactions per Municipality

Benahavís

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2018 vs 2017

633

438

559

422

311

593

533

711

733

624

499

623

+24.85%

Estepona

2,581 1,721 1,086 1,154 1,248 1,490 1,673 2,113 2,044 2,114 2,713 2,505

-7,67%

Marbella

3,568 2,116 2,199 2,389 2,259 2,519 3,115 3,997 4,390 3,998 4,275 4,070

-4.80%

Total

6,782 4,275 3,844 3,965 3,818 4,602 5,321 6,821 7,167 6,736 7,487 7,198

-3.86%

Source: Spanish Ministry of Public Works www.fomento.gob.es

Total Number of Residential Sales Transactions Since 2007 8000 7500 7000 6500 6000 5500 5000 4500 4000 3500 3000 2500 2000 1500 1000 500 100 2007

2008

2009

Marbella

8

2010

2011

2012

Estepona

2013

2014

2015

2016

Benahavís

MARBELLA’S LONGEST ESTABLISHED REAL ESTATE AGENCY

2017 Total

2018

Marbella Property MARKET REPORT 2019

The statistics only show the numbers of properties sold, as per the title deeds issued at the notaries, and don’t reflect the hundreds of sales of properties under construction or offplan.

It is interesting to note that the greater Marbella area sales volume has remained on about the same level for the last five years, showing a stable market which is in the process of consolidating with none of the signs of overheating as before.

for purchasing property in Spain and in the Marbella area in the foreseeable future, as it has been every year since Margaret Thatcher lifted the exchange controls (then called the Dollar Premium) in two steps way back in 1978 and 1979. The market has certainly been affected by Brexit, as one can see from the below figures, but the question is, how much more will the British buyer be affected?

Total Foreigners 2015 (before Brexit)

Total Foreigners 2018

UK

9.971,76

10.149,02

Germany

3.425,16

4.885,11

France

4.074,68

4.826,34

Belgium

2.925,17

4.088,34

Sweden

2.752,28

3.787,92

Romania

1.742,95

3.552,81

Italy

2.270,98

3.513,62

Morocco

1.182,22

3.141,36

China

1.855,10

2.573,17

Russia

1.780,34

1.913,55

995,31

1.776,40

Brexit Impact As shown by the statistics given at the beginning of this article, the British market is by far the most important single foreign market, and even more so in the province of MĂĄlaga. Since the Brexit vote in June 2016, there has been a decrease in the percentage of British buyers compared to other nationalities from 21.34% in 2015 to 15.54% in 2018, whilst the actual number of British citizens buying property since the year before the Brexit vote has increased (9,116 sales in 2015 compared to 10,166 sales in 2018).9 Whereas the overall market increased by 39.76% from 2015 to 2018, the British market only increased 12%.

Nationality

Norway

1.401,84

1.306,18

Please see the chart on the right for the number of British purchases (compared with all foreigners buying in Spain) for 2018.

Ukraine

850,45

1.031,88

Poland

499,99

986,17

Algeria

616,81

868,61

At the time of press, it is not clear when Brexit will happen, how it will happen or even if it is going to happen at all. At this point in time, there is no clear roadmap in the British government with respect to this issue.

Ireland

579,43

842,49

-

744,52

Denmark

439,24

613,90

Switzerland

677,56

626,97

8.270,86

14.080,62

46.728

65.309

The Netherlands

Bulgaria

Rest Total

At the end of the day, there is little doubt that the British market will remain the most important single foreign market

anuarioregistradores.org

9. Anuario de Registradores, 2018 (anuario registradores.org)

EXCLUSIVE REAL ESTATE SINCE 1970

9

Marbella Property MARKET REPORT 2019

There is little doubt that the British market will remain the most important single foreign market for purchasing property in Spain and in the Marbella area in the foreseeable future

• The strength of the UK market will, in great part, be related to the strength of the UK economy and of course, to the pound sterling.

In this sense if there is a “hard Brexit” scenario without agreement, the British economy is going to be more severely affected and consequently the British market.

• The British market share that is more likely to be affected is the market priced under €800,000. Surprisingly, rather than relinquishing their dream of joining the incredible lifestyle on offer due to the drop in value of the pound, it would appear that more budget-conscious UK citizens are simply tightening their belts and buying less expensive properties, or buying cheaper properties to

refurbish or obtaining mortgages at what still are historically low interest rates.

• As in any other sector, those with higher budgets will be less affected. Indeed, a good number of the most expensive property sales in 2018 were made to British nationals, many of whom were already residents outside the UK. At the same time, we believe that other issues that are causing uncertainty (i.e. pensions, health care, residency) will all be acceptably resolved, albeit a lot easier if there is a Brexit deal, and with more difficulty without one. Spain has already announced that if there is no Brexit deal, British residents will be allowed to maintain their Spanish residency until at least December 2020.10

10. El Periódico: “España dará la residencia a 400.000 británicos en caso de ‘brexit’ duro”, 1st March, 2019

10

MARBELLA’S LONGEST ESTABLISHED REAL ESTATE AGENCY

Marbella Property MARKET REPORT 2019

Price Variation with time – Marbella & Estepona 3.300

100%

Price / m2

2.800

90%

2.300

80% 1.800

70% 60%

1.300 50% Source: Ministerior de la Vivienda

800 1T 2T 3T 4T 1T 2T 3T 4T 1T 2T 3T 4T 1T 2T 3T 4T 1T 2T 3T 4T 1T 2T 3T 4T 1T 2T 3T 4T 1T 2T 3T 4T 1T 2T 3T 4T 1T 2T 3T 4T 1T 2T 3T 4T 1T 2T 3T 4T 07 07 07 07 08 08 08 08 09 09 09 09 10 10 10 010 11 11 11 1112 12 12 12 13 13 13 13 14 14 14 14 15 15 15 15 16 16 16 16 17 17 17 17 18 18 18 18

Period

Estepona

Marbella

Mijas

Tendency Estepona

Tendency Marbella

Graph supplied courtesy of our colleague Alfonso Lacruz based on official statistics from the Spanish Ministry of Housing

• Finally, just as uncertainty of any type affects markets anywhere, so uncertainty generated

by Brexit is postponing some people’s plans to purchase second homes.

Property Prices Nationally, in 2018 residential property prices rose an average of 6.7%, the largest increase since 2007 and the fifth consecutive year of increases. Notwithstanding, prices have only now reached 2011 levels and have a long way to go before reaching the pre-crisis highs.11 Clearly there are exceptions to the above, in specific high-demand, prime and ultra-prime residential areas throughout the country. As

mentioned previously, sales volume in the greater Marbella area now exceeds pre-crisis levels, but in the locations with highest demand, prices now also exceed pre-crisis levels simply because demand is now greater than supply.

In Marbella, for example, beachside properties on the Golden Mile, especially around Puente Romano, and other specific, highly desirable locations, both east and west of the city, have reached record prices.

Hard evidence shows that the average prices in the greater Marbella area have not yet reached pre-crisis highs, as illustrated in the above graph, based on price statistics from the Spanish Ministry of Housing.

11. EL Pais: “El precio de la vivienda subió un 6,7% en 2018, la mayor alza desde 2007”, March 8, 2019

EXCLUSIVE REAL ESTATE SINCE 1970

11

Marbella Property MARKET REPORT 2019

Resale asking prices sometimes overly-optimistic Due in part to the historical lack of reliable statistics in Spain with respect to real sales prices, many owners place their properties on the market at prices which are overly optimistic.

Some have gone too far, pricing their properties at a level that doesn’t even entice viewings.

Consequently, their properties are not even reaching the market place. This is not unusual in this market and eventually with time, those asking too much will have to accept the reality that the market is good, but not that good!

New developments being sold offplan or under construction Fausto Martinez, CEO of FM Consulting, specialises in the promotion of new residential developments and has distinguished himself as a top professional for the quality of his work over almost three decades. In recognition, he was awarded, in November 2018, the prize for

“Clients looking for a new property find so many they are not able to view them all” Outstanding Businessperson by the prestigious Centro de Iniciativos Turísticas (CIT) of Marbella, a local association of business people and professionals with approximately 500 members.

Fausto notes a slight decrease in visits to the new developments: “In recent months we’ve noticed a lessening in the number of visits to the new developments we are promoting which is clearly due to the increased number of new projects currently available on the market on the Costa. Clients looking for a new property today find an immense range and variety of new developments on offer; so many that they are not able to view all of them.”

A new development of luxury apartments next to Ojén town, see page 183

12

MARBELLA’S LONGEST ESTABLISHED REAL ESTATE AGENCY

Marbella Property MARKET REPORT 2019

Off-plan, under construction and completed new developments - 2016, 2017, 2018 & 1st Q 2019 Nº of developments launched

Total Nº of units

Nº of units sold

Nº of units available as of April 2019

Benahavís

22

752

435

317

Estepona

48

2253

1075

1178

Marbella

25

969

553

416

TOTAL

95

3974

2063

1911

Clearly, with more projects being built, and with approximately the same number of potential buyers to spread amongst them, some will sell better than others. Therefore it’s more important than ever for buyers to use very knowledgeable and experienced agents to guide them from development to development and help them discern among the many products on offer. So many new projects are beginning to create a very competitive marketplace which is always an advantage for buyers. As always, it is those projects which are in the best locations, with the best design, quality of finishes and most competitive in prices which will be most successful in selling.

The above chart, compiled by Panorama, is illustrative of the numbers of new projects, of units being built, sold or reserved and those which remain to sell. These numbers include only major property developments and do not include hundreds of individual properties which have been or are being refurbished, new individual villas under construction, or dozens of small developments of less than 10 units for sale.

The numbers are significant in that they reflect the boom of new projects in Estepona, a healthy increase in Benahavís, and a slower development in Marbella, the latter due in part to the continued delays in the granting of

building licenses by the Town Hall (even though the time required has improved significantly), and also due to the shortage of prime fullyzoned development sites under Marbella’s current General or Master Plan.

In 2018 the Málaga Architects’ Association (Colegio de Arquitectos) approved projects representing 1,107 residential units to be built in Estepona, compared with 800 the year before, according to the statistics published on January 19th by the association. In Marbella, there were projects approved for the building of 587 properties compared with 252 the year before.12 It is likely that we will see new large scale building projects starting to materialise at a slower rate now that the best building sites have already been sold, and prices for the few good building sites left are increasing. Building costs are also increasing substantially partially due to the shortages, once again, of skilled labour and certain building materials.

Marbella market indicators13 To give an idea of recent sales activity in Marbella itself, ultra-prime areas continue to lead the market and prices are reaching alltime highs. Recently a small, refurbished villa near the Marbella Club sold for €6,350,000 or €18,000/m². A well-located second line

12. Colegio Oficial de Arquitectos de Málaga 13. The prices quoted in this section are intended only for the purposes of providing an orientation as to general price

ranges in accordance with our market experience.

EXCLUSIVE REAL ESTATE SINCE 1970

13

Marbella Property MARKET REPORT 2019

Marina Puente Romano is a top location for property investors

apartment in Marina Puente Romano in its original, well-kept condition, sold in the summer of 2018 for €1,750,000 or about €11,000/m² and has been recently totally refurbished to the highest possible standards and placed back on the market at the end of March 2019 at €3,000,000 or about €19,000/ m². This somewhat daring “rebranding” may appear excessive to some but it serves to show the extremely high level of confidence that the most professional investors have in the very best locations where there is a low supply of properties available for sale.

During the last year there have been at least 65 properties sold with prices greater than four million euros in accordance with a survey we have conducted. The vast majority of these transactions took place within Marbella and Benahavís and at least six of them took place within La Zagaleta, perhaps one of the most exclusive residential country clubs in Europe, where sales are increasing.

Resale apartments: In the most consolidated areas on the Golden Mile, refurbished apartments and townhouses located mountain side of the main highway, some of which are walking distance to the beach and Puente 14

Ultra-prime areas continue to lead the market and prices are reaching all-time high Romano, achieved prices from €3,300 to €4,400/m². In Nueva Andalucía, similar prices in the area of €3,800/m² were achieved for fully furnished apartments. Prices will of course vary in accordance with location, views, age and services provided in the building/complex.

Brand-new and fully refurbished apartments and townhouses: in Nueva Andalucía prices ranged from €2,700 to €5,600/m².

On the beachside of the Golden Mile and Puerto Banús, prices achieved were sometimes double or even triple the above values with selling prices ranging from €7,000 to €15,000/ m². Obviously, beachfront properties attain a much higher premium for the location and the uninterrupted views.

MARBELLA’S LONGEST ESTABLISHED REAL ESTATE AGENCY

Marbella Property MARKET REPORT 2019

Resale villas: villas that were built more than 10 years ago and kept in their original condition achieved selling prices ranging from €2,800 to €4,000/m² in Nueva Andalucía. For beachside villas in San Pedro de Alcántara, an area which has recently become very popular since the completion of the boulevard, achieved prices in the range of €3,000 to €4,000/m².

In consolidated areas on the mountain side of the Golden Mile, such as Las Lomas de Marbella Club, villas reached a selling price of €5,000/ m², whereas on the beachside, prices achieved ranged from €7,000 up to €18,000/m² for those villas close to ultra-prime locations such as the Marbella Club and Puente Romano.

Brand-new and fully refurbished villas: on the Golden Mile mountain side new villas achieved selling prices up to €6,500/m² compared to up to €25,000/m² on the beach side.

In Nueva Andalucía prices for new-build villas ranged upwards from €5,400/m² mountain side, to €12,500/m² beach front near Puerto Banús.

In Estepona, new-build villa prices ranged from at least €3,000/m² mountain side, to €8,000/m² beach front.

The table below gives an additional overview of prices and primarily includes properties sold in the last six months of 2018 and the first quarter of 2019.

Examples of prices per m2 reached in different Marbella areas Brand New Apartments & Townhouses - Price per m2 Los Naranjos

La Cerquilla

Supermanzana H

Townhouse

Apartment

Apartment

2.700€

4.744€

5.581€

Resale Apartments - Price per m

2

Lomas Pueblo

Mansion Club

Albatross Hills

Señorío de Marbella

Alhambra del Mar

Los Granados II Puerto Banús

Fully refurbished

Original good condition

Fully refurbished

Fully refurbished

Original good condition 2nd line beach

Original good condition beachfront

3.320€

3.562€

3.733€

4.370€

6.559€

12.650€

Resale Villas - Price per m2 Nueva Andalucía

San PedroMontecarlo

Elviria

Lomas del Marbella Club

Sierra Blanca

Marbella Club Area

Original condition

Beachside Original good condition

Original condition

Original condition Semi detached

Sea Views Original good condition

Original good condition

2.800€

3.300€

3.600€

5.000€

5.060€

18.000€

Sierra Blanca

Puerto Banús

Golden Mile

Brand New Villas - Price per m

2

Atalaya

Nueva Andalucía- Paraíso Barronal Aloha

Detached

Brand New

Detached Frontline

Semi-detached

Frontline Beach

Brand New Frontline

3.176€

5.180€

9.004€

8.623€

12.048€

25.000€

EXCLUSIVE REAL ESTATE SINCE 1970

15

Marbella Property MARKET REPORT 2019

Building licences issued in half the time compared to a year ago

The number of new building permits that have been issued in Marbella has doubled between September 2017 and August 2018 Agents are unanimously reporting 2018 to have been “a good year”, with some typical slowdown in the autumn as the statistics themselves reflect. But 2019 has started with a strong spurt in activity in the first quarter, lending optimism that this year has every potential of surpassing the last year in sales volume.

A major recent problem in Marbella was the exasperating long delays in the issuance of building licences by the local Planning Department. This situation caused frustration for those applying for building licences in Marbella which drove many investors or developers to buy land in Estepona or Benahavís where the local planning departments are more agile. However, the good news is that this critical problem in Marbella is being solved, and the backlog of building permits pending approval has already been reduced substantially.

According to the Mayoress of Marbella, Mª Ángeles Muñoz Uriol, and her team, the number of new building permits issued has doubled between September 2017 and August 2018, and minor works licences have increased by 30% over the same period.14 In 2015, when Spain’s Supreme Court invalidated the General Plan of Marbella of 2010, the previous city plan of 1986 came back into effect by default. The plan of 1986 had not been adapted to the later Regional Plan (known as the LOUA, Ley de Ordenación Urbanística de Andalucía), and prevented the Town Hall from approving any planning modifications.

Consequently, the adaptation of the 1986 plan to the LOUA was a top priority for the Town Hall.

Since the approval of the adaptation in July 2018, the Town Hall has initiated multiple modifications to the city plan of 1986 that will finally enable the granting of building licences for many new public facilities and private development projects.15

14. La Opinión de Málaga: “Marbella dobla el número de licencias de obra mayor para viviendas”, 5th September, 2018 15. Excmo. Ayuntamiento de Marbella: “Marbella culmina, con la adaptación del PGOU de 1986 a la LOUA, el proceso

para la normalización urbanística de la ciudad”, 27 July, 2018

16

MARBELLA’S LONGEST ESTABLISHED REAL ESTATE AGENCY

Marbella Property MARKET REPORT 2019

Building licence time will be still further reduced

Drones are now helping with planning inspections

Even though the time of issuance of building licences has been reduced from a year and a half to approximately ten months, the goal of the Planning Department is to reduce this period again by more than half, to four months. Three specific steps were announced by the Mayoress on 14 March 2019.16 1) Consolidated urban areas prioritized. New protocols were adapted to expedite the issuance of building permits in fully consolidated areas.

The old system of dealing with licence requests “first come, first serve”, has been changed so that the building licences that are requested for building in consolidated urban areas with no zoning issues and fully compliant with the General Plan will be separated from the others and dealt with in an accelerated manner by a separate team in the Planning Department.

2) Architects’ Association to pre-study technical elements of a project. An agreement has been reached between the Town Hall and the Architects’ Association of Málaga, where the Association will issue a technical planning compliance report upon request, which will thereby reduce the time needed for the review of the project by the local Planning Department.

3) Larger planning team. In 2018 the Planning Department added several new members to their team to accelerate the backlog of work and the time in which building licences are granted.17 The size of this team will be increased once again by five more architects, a similar number of lawyers, and three engineers.

Other news from the Planning Department: • Drones to help with inspections. In February 2019 the Marbella police force purchased drones to help expedite inspections of the area, which was also requested by other municipal departments, including the Planning Department.18 • Director of Planning in Marbella moved to same post in the Junta de Andalucía (the Regional Government). In February 2019, José María Morente, Director of the Marbella Planning Department, was appointed Director of the Planning Department for the Junta. He was instrumental, together with local councilor Ms. Caracuel, for the above-described improvements in the Planning Department of Marbella. This is excellent news, as few people know Marbella planning matters better than he does, and this will no doubt greatly facilitate the contact between the Town Hall and the Regional Government with respect to those planning issues which are ultimately dependent on the Junta.19

16. Diario Sur: “Marbella pone en marcha un plan para agilizar los trámites urbanísticos”, 14 March, 2019 17. Excmo. Ayuntamiento de Marbella: “La concejalía de Ordenación del Territorio refuerza distintas áreas con más

personal para seguir reduciendo los plazos de tramitaciones urbanísticas”, 9 December, 2018 18. Diario Sur: “La Policía Local de Marbella incorpora drones para vuelos de inspección por todo el término municipal,

9 February, 2019 19. Excmo. Ayuntamiento de Marbella: “La alcaldesa felicita a José María Morente por su nombramiento como director

general de Urbanismo de la Junta y le agradece su “trabajo y profesionalidad” durante su etapa en Marbella”, 12 February, 2019

EXCLUSIVE REAL ESTATE SINCE 1970

17

Marbella Property MARKET REPORT 2019

A long-term vision – new General Plan on the way

Luxury villa for holiday rent on the Golden Mile, see p188

In February 2019, three tenders were submitted by major architectural firms for the drafting of a new General City Plan for Marbella. The winning candidate is expected to be selected before the month of June, and a draft of the plan should be ready for preview before the end of the year.

The document’s final approval, however, is not expected to be done until the end of 2021 at the earliest, when the current problems in different areas of the municipality will be resolved in the context of the new plan, putting the chaotic past history of planning permission problems squarely behind us.

2019 Municipal budget increased The Marbella municipal budget was increased by 15%, that is to say to a total of €283 million, with investments in improvements and infrastructure increasing by 50% to €30 million.20 Within this budget, and among many other specific actions taken throughout the municipality, a program to begin the renewal of urban infrastructure, especially of the older urbanizations, was recently announced in March, 2019. 21

Benahavís approves General Plan for its municipality Other interesting news which will affect the future of the area is that Benahavís approved its new General Plan in 2018, with zoning in specific areas allowing for the construction of an additional 2,000 homes.

Rentals market is booming According to a recent report of the national property valuation company TecniTasa, Marbella occupies the third position of the “Top 5” of the Spanish cities with the highest residential rental prices, with a price of €22/m². 22 In our own experience the average longterm rental price is €10-15/m² in non-prime residential areas, €20-25m² in prime residential areas and up to €35/m² in ultra-prime areas.

As always, the price depends on multiple factors including especially the location, community services, quality of the finishes and the quality of the furnishings.

Marbella has become so sought-after for rentals, that it’s increasingly hard to find reasonably priced properties, particularly for those who come to Marbella to work and cannot afford the higher prices that have taken hold in recent years. Marbella stands as the top

20. Diario Sur: “El Ayuntamiento de Marbella aprueba de forma definitiva los presupuestos de 2019, que rondan los 283

millones de euros”, 20 December 2018 21. Diario Sur: “Marbella saca a sus urbanizaciones del letargo”, 3 March, 2019 22. Diario Sur: “Marbella, al tercer puesto en el ‘Top 5’ de las ciudades con el alquiler más elevado de España”,

14 March, 2019

18

MARBELLA’S LONGEST ESTABLISHED REAL ESTATE AGENCY

Marbella Property MARKET REPORT 2019

Marbella is Nº3 in the Top 5 Spanish cities with the highest residential rental prices, with a price of €22/m2

Villa for long term rent, page 185

location on the coast for employment which has given rise to an increase in commuters from other coastal and inland towns where rentals are more affordable.

The more affluent market continues to drive the demand for medium to high quality and luxury category properties against less supply than in previous years, which has sparked a sharp increase in the cost of renting a high calibre apartment or villa.

Added to this mix, the holiday rental market sees properties in the best areas booked months in advance for the coming summer season. Such is the popularity of Marbella, that the rentals market can count on repeat clients year after year which undoubtedly has caused the lack of supply of long-term rentals due to the tempting returns of the summer months.

More control of rentals by government and tax office Since the law was passed by the Junta de Andalucía in 2016, short-term rental properties (up to two months) in Andalucía must now be registered for that purpose. The compliance procedure is not complicated and it can be easily handled by a solicitor.

Further rental protections to tenants were passed into legislation by the government in March 2019, including providing an extension to the maximum length of time a compliant tenant can stay in a rental property on a long term lease (now extended to 5 years), as well as several other measures.

The tax office has also imposed controls to tighten the noose around those property owners renting their properties and not declaring the rent to the tax office. Compliance, as always, is highly recommended, and a qualified tax advisor will be able to help a property owner through these steps.

Tourism reaches record numbers in Spain for sixth consecutive year In any area where residential tourism has developed over the years, real estate sales are intimately related to the number of classic tourists staying in hotels or in touristic accommodation. This is especially true in Marbella, given the high quality of tourists attracted to the area and its world-famous lifestyle, many of whom fall in love with this area and decide to buy a part-time or even full-time residence here, just as tens of thousands of people have done since the 1950s.

EXCLUSIVE REAL ESTATE SINCE 1970

19

Marbella Property MARKET REPORT 2019

1,000,000

Number of Tourists Visting Marbella 2011 - 2018 Source: Instituto Nacional de estadística: Turismo Marbella – www.ine.es

900,000 800,000 700,000 600,000 500,000 400,000 300,000 200,000 100,000

0

2011

2012

2013

Tourists - Spanish Residents

2014

2015

Tourists - Foreigners

Spain has set a new record of 82.6 million international visitors in 2018, a little less than one percent increase over 2017, representing an impressive increase of 43.7% since 2012.

There was an accompanying increase in tourist expenditure of 3.1%, a figure approximating €90 billion.23 For the second year running Spain has surpassed the United States in international visitors, and is the second most visited country in the world behind France. The largest number

2016

2017

2018

Total Tourists

of tourists come from the United Kingdom (18.5 million) and Germany (11.4 million) followed

by France (11.35 million) and the Scandinavian countries (5.8 million).24 The same is true for the Costa del Sol, with a record number of arrivals at the Málaga airport in 2018 of 19,021,704 arrivals, again a slight increase of 2.1% over 2017.25 Due to the enormous popularity of the Costa del Sol with the Middle Easterners, direct flights are now scheduled in the summer season from Kuwait,

23. Europa Press: “España bate récord en 2018: 82,6 millones de turistas extranjeros y un 3,1% más de gasto”,

16 January, 2019 24. Statista: “Número de turistas internacionales que visitaron España en 2018, por país de residencia (en miles)” 25. Diario Sur: “El aeropuerto supera por primera vez en 2018 la barrera de 19 millones de pasajeros”, 15 January, 2019

20

MARBELLA’S LONGEST ESTABLISHED REAL ESTATE AGENCY

Marbella Property MARKET REPORT 2019

Marbella has become a major player in the world of luxury resorts Saudi Arabia, Bahrain and Qatar. In fact, there are direct flights to Málaga from 131 different destinations. The entire Costa del Sol and especially Marbella are prime beneficiaries of these direct flights.

The arrival of international hotel chains ushers in a new era of luxury and quality to Marbella Three renowned international hotel chains have disembarked in Marbella. The arrival of Nobu Hotel, opening last year 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 accompanying branded residences are perhaps the most significant good news in Marbella in decades, and represent the acknowledgement on a worldwide platform of the high-quality resort destination that Marbella is today, ushering Marbella into a new era.

The Four Seasons project was announced in September 2018, and celebrated by the developer consortium behind the project with a major event held on the new site shortly thereafter, for the symbolic “laying of the

first stone”. The event was attended by the President of the Junta de Andalucía, the Mayoress of Marbella, and a veritable “Who’s Who” of politicians, local and international businesspeople and professionals in tourism and real estate.

The establishment of these outstanding hotel chains in Marbella will accompany the legendary Marbella Club and Puente Romano hotels, along with a few others that have helped create a legacy for Marbella that is synonymous with quality. 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, which in turn, is certainly great news for anyone owning a property or running a business here.

At the same time, this will contribute to the further expansion of the strong shoulder season activity into the winter months, which has been a growing trend over many years, thereby consolidating Marbella as one of the few resort areas on the Mediterranean basin that can be enjoyed year-round.

See more details of the new Four Seasons project for Marbella on page 52.

EXCLUSIVE REAL ESTATE SINCE 1970

21

Marbella Property MARKET REPORT 2019

Residential tourism in the Marbella area enters a new, world-class era Ricardo Arranz de Miguel is owner of the Villa Padierna hotel and one of the area’s pioneer property developers, with projects such as Los Flamingos, La Quinta, Monte Halcones and several others to his credit. He is also President of the National Association of Property Developers and Residential Tourism, and one of the partners in the exciting new Four Seasons project. He gave us an enthusiastic vision of what he has termed for many years, the Golden Triangle of Marbella, Benahavís and Estepona: “Residential tourism continues to be one of our main economic pillars. Parallel to this business sector, the arrival of large international corporations interested in building first class hotel complexes stands out. Four Seasons, one of the most important brands in the world, is already a reality in Marbella and I am convinced that its presence will attract other new initiatives. News such as this should awaken our enthusiasm.

It is necessary to convince - and obtain the commitment from - both the private sector and public administration to take advantage of this historic opportunity that the Costa del Sol offers at this moment. We have to keep encouraging the public administration on all levels to make a greater investment commitment and lend special sensitivity and support to those projects that will nurture our surroundings while bringing wealth to our community.

22

Christopher Clover & Ricardo Arranz de Miguel

be able to guarantee the future of the Golden Triangle of Marbella, Estepona and Benahavís and continue its consolidation as the highest quality and luxury destination that has always characterised this area.”

Having followed the evolution of real estate in this area with fascination for almost 50 years, we totally support the words of Ricardo Arranz.

Gone are the days where people will choose to come to the Marbella area exclusively because of its good weather. The seeds of “quality residential tourism” which were planted in the 1950s by Ricardo Soriano and Prince Alfonso and those who followed them, are still growing and flourishing, appealing today to a much broader market than at the beginning.

All private development projects undertaken should be sustainable and environmentally friendly on one hand while the public sector should encourage private investment by providing the necessary infrastructure that will satisfy the more demanding requirements of today’s society, thereby guaranteeing a smooth coordination and coexistence between private investment and the public sector.

Marbella is quickly moving into a new era of world-class residential tourism, with property developers who are far more sophisticated than in the past, who are working successfully to attract the more seasoned, cosmopolitan buyers and tourists of today. While a greater contribution is still needed from all levels of government, progress is being made. It’s an exciting time to be involved in real estate. As Ricardo Arranz says, “There is a feeling of optimism and excitement in the air!”

Only by working in this way together, will we

Copyright @ 2019 Panorama Properties S.L.

MARBELLA’S LONGEST ESTABLISHED REAL ESTATE AGENCY

Panorama & Puente Romano We are delighted to announce the formation of Puente Romano Real Estate – a partnership between Panorama & Puente Romano.

We are delighted to announce the exciting new joint venture between two of Marbella’s most long-standing and highly-respected names, both synonymous with quality and style: Panorama, which has been operating in the area since 1970, and Puente Romano, which opened in 1979. This partnership has formed Puente Romano Real Estate, with it’s sales office now open in Puente Romano, adjacent to the hotel reception.

The new agency offers an outstanding selection of Marbella’s most exceptional property, specialising in the sale and rental of quality villas, apartments and townhouses on Marbella’s Golden Mile, as well as the different Puente Romano developments themselves, and surrounding areas including Benahavís and Estepona-east.

by

Whether you’re looking for a magnificent villa in the hills, a luxury beachfront property, or a stunning penthouse in Puerto Banús, you will find only the finest properties on sale at Puente Romano Real Estate.

A long history and a bright future together Panorama is a family-owned and run, RICS regulated real estate agency established in Marbella for 50 years. Christopher Clover, owner and Managing Director manages a team of 26 professionals ably assisted by his children Alex and Katinka who joined Panorama shortly after the turn of the century.

Panorama’s association with Puente Romano

24

goes back 25 years, when Panorama opened its main sales office in Puente Romano. Christopher Clover was also appointed a member of the hotel’s Board of Directors for several years after 1995.

Aligning two of Marbella’s most prestigious companies makes perfect sense, and facilitates the guests of the Puente Romano and Nobu hotels in taking one more step to extend

MARBELLA’S LONGEST ESTABLISHED REAL ESTATE AGENCY

Puente Romano: in 2016, the resort received the prestigious Condé Nast Traveler Award as “Best Resort” in Spain.

Puente Romano opened in 1979 and Panorama has been operating since 1970 EXCLUSIVE REAL ESTATE SINCE 1970

25

Panorama & Puente Romano

The Panorama Team: keeping up with their international clientele, staff speak 13 different languages between them

their enjoyment of the unique lifestyle that Marbella provides, by being able to explore the possibility to purchase a property in this area.

“Guests who enjoy the unique lifestyle of southern Spain’s premier Mediterranean resort and the Puente Romano and Nobu hotels can now directly access a world-class real estate agency, with a track record of care and proven professionalism to its clients, featuring premium properties in and around Marbella”, says Christopher Clover. “We are very pleased that they have chosen our company Panorama as their partner in this enterprise.”

“This is an exciting new step for our resort,”

26

states Jorge Manzur, General Manager of the Puente Romano.

“Our guests can now take advantage of the Puente Romano Real Estate office here at Jorge Manzur the hotel, with the seal of a highly reputable Marbella agency, knowing that the levels of service and attention to detail will be as reliable and impressive as our own.”

Visit the Puente Romano Real Estate office in the hotel, overlooking the patio adjacent to the reception. You can call us on (+ 34) 952 768 204 (or use extension 28004 within the hotel).

MARBELLA’S LONGEST ESTABLISHED REAL ESTATE AGENCY

Burtt Byron Clover in 1904

B.B.Clover Sales Office 1955

Williston (Bill) L. Clover, in 1933

The Clover family in 1943

1949 Clover family

Chris Clover 1953

Chris and his older brother circa 1958

B.B. with his son Bill around 1957

Chris in 1969

28

MARBELLA’S LONGEST ESTABLISHED REAL ESTATE AGENCY

Family 115 years A

DEDICATED TO REAL ESTATE FOR

You might say that nobody knows the property business better, for not only is Panorama the longest established real estate agency in Marbella, its owner Christopher Clover continues a family tradition in real estate that goes back 115 years!

Panorama, as many know, is Marbella’s longest established Real Estate Agency, founded in 1970, with a reputation for providing a highly professional and quality service that stands along side those of the best agencies in the world.

What most people are unaware of is that Christopher Clover, Panorama’s owner and Managing Director, comes from a three generation-old family of real estate agents and entrepreneurs.

The fourth generation of professionals, Christopher’s children, Alex and Katinka, are also key members of Panorama’s team who joined the company after the turn of the century.

Marbella 1980: Alex & Katinka with their mother, Kirsten

EXCLUSIVE REAL ESTATE SINCE 1970

29

Family 115 years A

DEDICATED TO REAL ESTATE FOR

hristopher’s grandfather, Burtt Byron Clover, was one of the first golf course developers in the United States, and a developer of single family homes in Chicago. In 1904, after having worked for four years with W.A. Marigold and Company as manager of their real estate agency, he founded B.B. Clover and Company, a real estate and property development company headquartered on Evanston Avenue in Chicago.

B.B. Clover began building and selling single family homes in and around the village of Itasca in the Chicago suburbs, and opened a branch office there to help promote his developments. He transformed Itasca into a highly desirable place to live and enjoy a comfortable suburban lifestyle, catalysing a small population explosion which the town enjoyed during the 1920’s and 30’s. One of B.B. Clover’s first and major contributions to Itasca was a golf course and a clubhouse built on the land originally owned by the first Burtt Byron Clover in 1925

The three generations in 1961

settler in the area of Itasca. Today, the Itasca Country Club still stands as one of the most luxurious residential landmarks of the Chicago suburbs.

When B.B. retired in 1952, he opened Clover Realty Company in Charlottesville, Virginia with his son, Christopher’s father, Williston (Bill) L. Clover, who continued the family tradition as a Real Estate Broker and Property Developer for over 40 years. Charlottesville is a beautiful town in central Virginia some two hours drive south of Washington DC. Charlottesville, Chris’s hometown, is also the birthplace of Thomas Jefferson (the third President of the United States) and the home 30

Timeline 1904

of the University of Virginia (the nation’s top-ranked public university) where Chris graduated with distinction in 1969, followed by his son, Alex, in 1998.

At the helm of Clover Realty Company, Bill became one of the leading brokers of farms and estates in this very wealthy and beautiful area of the United States. Over years of hard work, and thanks to his stellar reputation, he sold many of the outstanding properties and historical estates in this part of the United States’ eastern coast.

Bill, who passed away in 2010, was also a cattle farmer and pioneer in breeding techniques of purebred and championship Aberdeen Angus cattle, an athlete once nationally ranked in tennis, an accomplished architect, a teacher and an inventor, as well as a builder and a property developer with several developments in and around Charlottesville to his credit. But Bill had always aspired for his business to reach beyond the borders of the United States

B.B. Clover opens his first real estate agency headquartered in Chicago on Evanston Avenue (later at 69 W. Washington Avenue in the Chicago Title and Trust Building) followed by a second branch in the town of Itasca with the intention of developing Itasca into a desirable place to build a home and enjoy a comfortable suburban lifestyle.

1915

Williston L. Clover was born

One of the first golf course developers in the United States, B.B. Clover built a golf course and a clubhouse on the land originally owned by the first settler in the area of Itasca. The Itasca Country Club still stands today as one of the most luxurious establishments of the Chicago suburbs.

1925

1926

B.B. Clover’s grand plan to develop Itasca as a glamorous Chicago suburb in the 1920’s included building a handsome half-timbered commercial building, today a landmark in the town’s Historical District.

Guarantee from B.B. Clover, 1924

1939

Williston L. Clover moves to Charlottesville, Virginia and becomes a Black Angus Cattle Farmer and Tennis Professor at the University of Virginia. Williston H. Clover, Chris’s older brother, was born.

1947

Christopher H. Clover was born.

31

Family 115 years A

DEDICATED TO REAL ESTATE FOR

Small Chris on a championship bull with brother Bill and father, about 1957

Clover Realty Company, established in 1952 by Bill Clover, still exists today.

and for that reason, in 1968, he acquired a Washington DCbased company, Panorama International Ltd.

US advert in 1971: Panorama sold over 150 homes in Nueva Andalucía in the early ‘70’s

32

Panorama International was the first company to offer international properties and developments to investors in the United States. The company distinguished itself by selling second and retirement homes in Mexico, the Caribbean, France, Morocco, and most notably Spain. It established the first international real estate office in Marbella in 1970 and shortly thereafter, offices in Mexico City and Mallorca.

At that time Marbella was in the early stages of establishing itself as a quality resort destination. The company specialised in selling quality developments primarily to Americans, and succeeded far beyond expectations. Panorama International was

MARBELLA’S LONGEST ESTABLISHED REAL ESTATE AGENCY

Timeline 1952

B.B. Clover and his son Williston (Bill) L. Clover open the Clover Realty Company in Charlottesville, Virginia. The company is still in business today, although under different ownership, in its original building in the town’s historical Court Square.

The Clover Realty Company in 1960

Panorama International was the first real estate agency to ever organise inspection flights to the Costa del Sol the first real estate agency to ever organise inspection flights to the Costa del Sol. The buyers came in droves, inspired by Bill Clover’s professionalism, integrity and reputation, as well as Spain’s unique allure and its excellent comparative prices.

1960s

Bill Clover develops several residential developments in and around Charlottesville, Virginia. “Montvue” and “West Leigh” are, to this date, still among Charlottesville’s most luxurious real estate developments.

1966

Panorama International Ltd. is formed in Washington DC and is the first company to offer international properties and developments to investors in the United States.

1968

Bill Clover acquires Panorama International Ltd.

1970

Panorama International opens Marbella’s first international real estate office in the Edificio Capitol at Avenida Ricardo Soriano, 1.

Right: First advertisement in 1970

1971

Christopher Clover joins his father and brother at Panorama International in 1971 in Washington DC.

Christopher Clover graduated from St. Andrew’s School in Delaware in 1965, and received his degree in Economics as 33

Family 115 years A

DEDICATED TO REAL ESTATE FOR

Chris graduates from the University of Virginia, 1969

The Skol Hotel, Marbella, 1960s

mentioned above from the University of Virginia in 1969. He took part in a study abroad program with the University of Lyon in France in 1967 and 1968. After graduation he taught French at the Landon School in Bethesda, Maryland for two years, before joining his father and brother (Williston H. Clover) at Panorama International in Washington DC in 1971.

Armed with a strong linguistic background and after gaining extensive experience in marketing and sales with Panorama’s Washington office, Chris arrived in Spain in February 1973 on his 26th birthday, taking charge of Panorama International’s Marbella office, which at that time mostly served to receive the clients sent to it from the United States. In that same year, and with the wholehearted support of his father, Chris expanded the Spanish office to concentrate on the listing and sale of prestige properties in the Marbella area to an international market. Over the years, Panorama has sold properties to clients from forty different countries. (Read Chris’s article about “Marbella of the ‘70’s” on the Panorama blog).

34

Chris & his father, Puerto Banús 1974

Chris with his parents in Marbella, 1982

MARBELLA’S LONGEST ESTABLISHED REAL ESTATE AGENCY

Timeline 1973

Christopher Clover takes over Panorama International’s offices in Marbella

1975

Christopher Clover forms an independent company, decides to transform the longterm goals of the Marbella office, and begins the marketing of prestige properties in the area.

1976

Alex Clover was born

1979

Katinka Clover was born

1995

Panorama capitalises on its success and reputation and opens offices in the most prestigious areas of Marbella, at the Puente Romano Hotel and directly opposite the Marbella Club Hotel.

1996

Panorama launches one of the first Internet websites specific to the Marbella area.

Today the Panorama website is in 5 languages: English, Spanish, French, German and Russian.

2001

Press cutting, Iberian Daily Sun, March 1973

Alex Clover joins Panorama to help finetune the company’s image and implement a series of internal improvements. Today he is Investment Consultant and Assistant Managing Director.

35

Family 115 years A

DEDICATED TO REAL ESTATE FOR

Chris and his brother Bill, 2008

In 1975 Panorama International closed its Washington DC office due to a combination of a strong recession and new securities legislation that made it impossible to continue the business as it had been originally structured. Chris’s philosophy of focusing on a specific area and marketing properties in that area to a national and international audience encouraged Chris’s brother Bill to also transform Panorama International’s Mexico office, over time, into a world-class international resort consulting and finance company, today known as Panorama International, Inc. Bill has personally performed consulting missions in over 65 countries, while his company has been active in several dozen more. Bill is currently living in San Antonio, Texas, where he presides over Panorama International, Inc. He is also an active and invaluable consultant to Chris’s own company.

From its base in Marbella, Panorama has accomplished everything from finding and managing properties for Royalty to managing the acquisition on behalf of the Foreign Ministry of Saudi Arabia for an Embassy 36

Alex, Chris and Katinka, 2019

“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” building in Tokyo. Major deals have included selling large tracts of land on the Costa del Sol to prime office buildings in Madrid and London, but Panorama’s main activity has always been the marketing of quality residential properties in the Marbella area to a national and international clientele. Providing a high level of personal service, coupled with firm professional ethics and integrity,

MARBELLA’S LONGEST ESTABLISHED REAL ESTATE AGENCY

Timeline 2003

Katinka Clover joins Panorama. Christopher’s brother, Williston H. Clover, becomes a permanent consultant to the company.

and competence in negotiation, Panorama has earned an outstanding and long-lasting reputation achieved by few agencies.

Today, Panorama has two offices on Marbella’s prestigious “Golden Mile,” where the “quality image” of Marbella began with the establishment of the Marbella Club in the early 1950’s. A team comprised of 26 professionals work from the two offices.

Truly keeping up with their international clientele, combined staff members speak thirteen different languages. The company has grown so it also handles commercial and investment properties, and quality property rentals.

Since his arrival in Marbella, Christopher Clover has been active not only as a leader in the Real Estate community but also in civic affairs. The biggest family reward however, is that both of Christopher’s children are active in the business – Alex is a vital link managing and expanding new projects for the company as well as handling the marketing department, and Katinka, a graduate from the American University of Paris, has become Panorama’s Listing and Public Relations Director. The fourth generation of Clovers to maintain the family business is now a reality.

Christopher: “The guiding principles of Panorama are the family values of fair, honest and transparent dealing, accompanied by a lot of hard work, 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, and to our dedicated and talented staff, the invaluable support of our many friends, our ability to adapt to changing markets, and to learn from and collaborate with our competitors.”

by Williston H. Clover

2004

Panorama launches its magazine “The Marbella Property Magazine”. In addition to the award winning market report written by Christopher Clover, it contains other interesting articles both for buyers and sellers, as well as an excellent selection of properties.

2010

Panorama celebrates 40 years in Marbella! In Memoriam: Bill Clover, Panorama’s Founder.

2015

Christopher Clover accepted a unanimous nomination as Eminent Fellow by the prestigious Royal Institution of Chartered Surveyors (RICS).

2016

Panorama is approved as a real estate agency “regulated by RICS”.

2016

Christopher Clover receives the Lifetime Achievement Award of REAS.

2019

Panorama & Puente Romano announce their joint venture, opening the Puente Romano Real Estate office to serve hotel guests.

2019

Panorama begins planning the celebrations for their 50th anniversary in Marbella, 1970-2020.

37

Just relax and enjoy Marbella We introduce, from our many years of experience, only the very best service professionals and companies that Marbella has to offer. This full-scale, complimentary service is available exclusively for all our clients.

38

Offices on Marbella’s Golden Mile at Puente Romano and opposite the Marbella Club hotel

MARBELLA’S LONGEST ESTABLISHED REAL ESTATE AGENCY

CLIENT SERVICES DEPARTMENT

CONSTRUCTION

INTERIORS

ARCHITECTS

RENOVATION

FURNITURE

LANDSCAPING

MAINTENANCE

DECORATION

SECURITY

INSURANCE

MORTGAGES

STAFF

Regulated by RICS

Tel. (+34) 952 863 750

info@panorama.es

www.panorama.es

EXCLUSIVE REAL ESTATE SINCE 1970

39

Finding & Buying A PROPERTY

By Christopher Clover PANORAMA ALWAYS RECOMMENDS that purchasers of property in Spain retain a qualified solicitor to represent and and also advise them on all tax issues. 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 own inventory they will go

40

out and find that special property through their colleagues in other agencies on a commissionsharing basis.

Choosing a lawyer 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.

MARBELLA’S LONGEST ESTABLISHED REAL ESTATE AGENCY

View this state-of-the-art luxury home on page 76

EXCLUSIVE REAL ESTATE SINCE 1970

41

Finding & Buying A PROPERTY

This is a true beachfront location!

See more of this property on page 58.

Getting the basics into place 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.

Negotiating a purchase 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 42

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.

The purchasing process 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

MARBELLA’S LONGEST ESTABLISHED REAL ESTATE AGENCY

Finding & Buying A PROPERTY

contract, a payment on account is always made which can vary substantially according to the terms of the sale and the date of completion.

Deposit and insurance 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.

The escritura 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. >>

It’s important to remember that if your offer is too low it won’t engage the interest of the seller, and might actually prove to be counter-productive.

Views don’t get much better than this!

See more of this property on page 74.

EXCLUSIVE REAL ESTATE SINCE 1970

43

Finding & Buying A PROPERTY

PROPERTY PURCHASE COSTS 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 TAX (ITP)

Scaled at:

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).

8% 9%

If the “minimum fiscal value” of the property as per the Regional Government, is greater than the price, then the minimum fiscal valuation applies: 8% is applicable up to the amount of €400,000 or €30,000 in the case of garages except those belonging to the dwelling and with a maximum of two; 9% is applicable to the amount between €400,000 and €700,000 or between €30,000 and €50,000 for garages; 10% is applicable to the amount exceeding €700,000 or €50,000 for garages.

10%

Reduced transfer tax for real estate companies or professionals that buy resale property and sell within 5 years.

2%

VAT (IVA) AND STAMP DUTY (AJD) Villas, apartments, or a garage that is annexed to an apartment or villa, where the vendor is a developer, promoter or habitual trader for brandnew properties.

10%

1.5%

Parcels of land, and for the purchase of brand-new commercial premises.

21%

1.5%

NOTARY AND PROPERTY REGISTRY FEES The cost increases according to the number of pages or complexity of the title deed, and value of the property.

+/- €3,000

MUNICIPAL ADDED VALUE TAX (PLUSVALÍA) 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 FEES These are in the order of 1% of the selling price, more or less, depending on the lawyer and the price of the property.

44

MARBELLA’S LONGEST ESTABLISHED REAL ESTATE AGENCY

1% (plus VAT)

THE MARBELLA PROPERTY

Seller’s Guide

1

2

3

4

5

Choosing an agent

Photography & Presentation

Marketing your property

Property Viewings

FOR SALE

Selling your property

his brief article is intended to share some essential points about selling properties, based on our own experience of almost 50 years.

to sell, though in our experience this is considerably shorter where both buyer and seller are serious in their intent.

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.

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.

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 46

Establishing an asking price

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?

MARBELLA’S LONGEST ESTABLISHED REAL ESTATE AGENCY

SELLING ONE’S PROPERTY IS AN ART. The property market in Marbella has always been competitive and sellers with less experience might achieve far better results if they take advice from experienced professionals.

By Alex Clover

6

7

8

9

10

SOLD

Getting an offer

Agreeing an offer

Instructing a lawyer

Exchanging contracts

Completion

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.

Avoid quoting a ‘net’ price 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.

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

EXCLUSIVE REAL ESTATE SINCE 1970

47

THE MARBELLA PROPERTY

Seller’s Guide

Exclusivity or not?

frame allocated by the seller.

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.

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.

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.

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

Commission Rates 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.

First Impressions count. Good photography will help your property stand out from the crowd.

See more of this property on page 106.

48

MARBELLA’S LONGEST ESTABLISHED REAL ESTATE AGENCY

THE MARBELLA PROPERTY

Seller’s Guide

FREQUENT COMMMENTS BY SELLERS “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 crosssection 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 well-established 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 marketdriven 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 realisticallypriced property, but bear in mind that few will want to pay the full asking price, so leave some room for negotiation.

“I really need to sell my property NOW.” 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.

“Selling a property 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.”

EXCLUSIVE REAL ESTATE SINCE 1970

49

THE MARBELLA PROPERTY

Seller’s Guide

While photography should be representative, it should also present your property in its best light.

OTHER TIPS FOR SELLING YOUR HOME Present your property in its best light 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 50

now to eliminate any small ‘objection factors’.

Also, make sure your home is spotless for photography and viewings alike.

Get your main agent to put up their ‘For Sale’ sign 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

MARBELLA’S LONGEST ESTABLISHED REAL ESTATE AGENCY

THE MARBELLA PROPERTY

Seller’s Guide

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.

Taxes 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

Negotiating a sale 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.

Points to consider when a negotiation is taking place Is the buyer expecting a counter offer from you or has he or she given you a one-and-only, take-it-or-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, and precise 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.

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.

EXCLUSIVE REAL ESTATE SINCE 1970

51

THE FOUR SEASONS RESORT MARBELLA The arrival of the Four Seasons Hotel & Resort ushers Marbella into a new era of luxury

Photo: Air2Ground.es

Marbella Port

he Four Seasons Hotels and Resorts, founded in 1960 with more than 120 hotels and resorts to its name in 47 countries, is one of the most prestigious luxury hotel chains in the world. Spain has been chosen as the location for two new resorts, one in Madrid and one in Marbella. The Four Seasons Resort Marbella is anticipated to open in the first half of 2022, after that of Madrid in late 2019. The whole project represents an investment of close to €650 million, and promises to be the most luxurious, and the largest, project of its type in Andalucía.

The site is a fully-zoned tract of land measuring some 300,000 m2 located just east of the city centre, and to the west of the Torre Real neighbourhood. All roads and services are already installed, and the site is located on both sides of the road. The developers are a consortium formed by Miami-based developers Fort Partners, the Belgian property development company Immobel and the Villa Padierna Group, led by Ricardo Arranz de Miguel.

The hotel itself will have about 80 rooms and 52

40 suites, making a total of 120 “keys”, and annexed to the hotel will be the privately-owned hotel residences, comprising 3 villas and 27 apartments. Additional branded residences comprising 170 villas, apartments and townhouses will form part of the development, and prices for the sale of these properties will range between €2,000,000 to €7,000,000.

A village-like group of six or seven restaurants will be built on the complex, as well as a private beach club and restaurant for the hotel guests and residence owners on the eastern side of the 720 linear metres of beach front area. A public beach club and restaurant will be constructed on the western side of the site taking Marbella beach luxury to a new, world-class level.

The arrival of the Four Seasons Hotel and accompanying branded residences is among the most significant news in Marbella for decades, and represents the acknowledgement on a worldwide platform of the high-quality resort destination that Marbella is today, ushering Marbella into a new era of luxury.

MARBELLA’S LONGEST ESTABLISHED REAL ESTATE AGENCY

Looking to rent in Marbella?

Handpicked luxury villas, apartments and townhouses in incredible locations, available for both long and short term rent in Marbella and the surrounding areas. (See page 184). (+34) 952 90 10 15

rentals@panorama.es

Regulated by RICS

Offices on Marbella’s Golden Mile at Puente Romano and opposite the Marbella Club hotel REAL www.panorama.es EXCLUSIVE ESTATE SINCE 1970

53

CONFIDENCE THROUGH

Professional Standards

By Alex Clover

hristopher 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, 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 54

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

MARBELLA’S LONGEST ESTABLISHED REAL ESTATE AGENCY

Panorama is the only residential real estate agency on the Costa del Sol regulated by RICS What is RICS? 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.

my unconditional support in promoting and fostering their work and values.”

Regulated by RICS

• safeguards the security of client funds

of professional services

• manages conflicts of interests transparently

In 2016, based upon Mr. Clover’s fellowship with RICS and other qualifying factors, Panorama Properties was approved as a real estate agency “regulated by RICS”. As a regulated company Panorama conveys to its clients a message of confidence and quality, that it:

• manages its finances appropriately • provides adequate and appropriate indemnity • handles complaints and disputes fairly.

• behaves ethically, and acts with integrity and honesty

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.”

• has the required skills, reputation and qualifications to provide a very high standard

For more information about RICS please visit their website rics.org

• practises to globally recognised standards

EXCLUSIVE REAL ESTATE SINCE 1970

55

Christopher Clover

Bill Clover

Managing Director Board Chairman

Advisor to the Board of Directors

Gonzalo Ruiz

Sean Cannon

Administration Director Board Advisor

Marjut Nordström Property Consultant

Sorin Mailat

Assistant MD Board of Directors

Alfonso Muñoz

Katinka Clover Listings Director Board of Directors

Ulla Lammervo

Sales Director

Assistant Sales Director

Senior Property Consultant

Beatrice Pittá

Walter Fernández

Vedran Canjuga

Property Consultant

Ana Tarazona

Property Consultant

Property Consultant

Sarina Garber

Beatriz Garvayo

Rentals Consultant

Alex Clover

Property Consultant

Carmen Rivas

Property Consultant

Evi Tinno

Property Consultant

Ola Danielsen

Property Consultant

Sven Bauer

Rentals Consultant

Listings Department

Marketing Manager

Irene Sierra

Ángela de la Yglesia

Loli Vázquez

Support Team Member

Support Team Member

Assistant to Administration Director

Kirsten Clover Artistic Director Board of Directors

Carolina Alaniz

PA to the Managing Director

Luis Gallardo

Property Consultant

Bianca Omloo

Property Consultant

Jo Borda

Director of Client Services

VILLAS, TOWNHOUSES AND APARTMENTS Over the next 126 pages you will find a selection of some of the most exclusive properties available in Marbella today.

The properties are ordered according to price.

The information contained in this magazine is provided in good faith and believed to be accurate at the time of publication. Nevertheless, it is subject to error or omission, and the properties advertised are also subject to prior sale, price change or withdrawal from market. Legal diligence files are available for every property visited by a client. Energy certificates for each property are available upon request.

FEATURED PROPERTY 58

info@panorama.es

www.panorama.es

+34 952 863 750

Regulated by RICS

Beachfront Mansion A rare opportunity to own or rent this outstanding property in an ultra-prime seafront plot of 8,000 m2 on Marbella’s famous Golden Mile.

FEATURED PROPERTY

Regulated by RICS

info@panorama.es

www.panorama.es

+34 952 863 750

59

FEATURED PROPERTY

GOLDEN MILE

Ref: 8314

Bedrooms: 12 Bathrooms: 10 Built incl. terraces: 3,492 m2 Plot: 8,000 m2 Price on aplication for sale and rent

60

info@panorama.es

Map: p190, NÂş5

f you often host and entertain groups of guests, whether for work or pleasure, then this exceptional beachfront mansion will suit you perfectly – with over 3,000 m2 of stunning space offering spectacular sea views, in an extensive beachfront plot of 8,000 m2 for ultimate privacy yet metres from the sea and the Marbella Club Hotel.

The villa complex consists of a main house, plus a guest villa, a >>

www.panorama.es

+34 952 863 750

Regulated by RICS

FEATURED PROPERTY

“This is truly one of only a few spectacular beachfront estates on the Golden Mile, offering everything you could possibly dream of!”

Katinka Clover, Listings Director

Regulated by RICS

info@panorama.es

www.panorama.es

+34 952 863 750

61

FEATURED PROPERTY 62

info@panorama.es

www.panorama.es

+34 952 863 750

Regulated by RICS

FEATURED PROPERTY

further beach house with separate pool, and a staff house.

The mansion itself has a magnificent master suite occupying the entire top floor, 8 guest bedrooms and a further 3 staff bedrooms. You have endless options for entertaining, a gathering of clients, friends or family: a spacious living area and cosy TV room, both of which look onto a covered terrace and lush garden, as well as a home cinema. Then outside, you’ll find a stunning main pool with cascading waterfalls and a grotto with a built-in whirlpool, outdoor bar and chill-out area, ideal for hosting the most memorable parties.

The spectacular luxury spa features a large whirlpool tub, an enormous hydrotherapy bath and a gym; the garage accommodates eight cars.

Regulated by RICS

info@panorama.es

www.panorama.es

+34 952 863 750

63

Beachside Bliss

FEATURED PROPERTY

Would you like to have an apartment where you can step outside into beautifully landscaped gardens, with a stunning pool a few metres away, and excellent sports facilities and dining on your doorstep?

64

info@panorama.es

www.panorama.es

+34 952 863 750

Regulated by RICS

Bedrooms: 3 Bathrooms: 3 Built: 141 m2 Terraces: 41 m2 Price: € 3,200,000

Regulated by RICS

Ref: 11051

Map: p 190, Nº36

his exquisite beachside elevated ground-floor apartment enjoys sea, garden and pool views. Situated in one of the most sought-after complexes in the heart of Marbella’s Golden Mile, Marina Puente Romano, the apartment is close to the beach and within the grounds of the prestigious five-star Puente Romano Beach Resort & Spa, whose tennis club, gym, health club, and world-renowned restaurants you can enjoy as an owner. >>

info@panorama.es

www.panorama.es

+34 952 863 750

FEATURED PROPERTY

MARINA PUENTE ROMANO

65

FEATURED PROPERTY 66

info@panorama.es

www.panorama.es

+34 952 863 750

Regulated by RICS

Alex Clover, Managing Director

Alex Clover, Assistant Managing Director

You’re only a five-minute drive from both the centre of Marbella and Puerto Banús, and within a 10 minutedrive from over 35 golf courses.

FEATURED PROPERTY

“Superbly refurbished and decorated, and in what is probably the most desirable apartment location in Marbella.”

This south-facing flat has just been completely refurbished and is tastefully finished and decorated.

There is a bright living/dining room, with an open-plan kitchen opening onto a spacious terrace which has direct access to the superb communal gardens.

The apartment features three ensuite bedrooms, with the master bedroom opening onto the main terrace.

It includes two private parking spaces and a storeroom in the underground garage, all with 24-hour security service. Offered fully furnished.

Regulated by RICS

info@panorama.es

www.panorama.es

+34 952 863 750

67

FEATURED PROPERTY 68

info@panorama.es

www.panorama.es

+34 952 863 750

Regulated by RICS

Spectacular Estate with impressive park-like gardens and a Balinese pavilion

FEATURED PROPERTY

GUADALMINA

Ref: 9240

Bedrooms: 11 Bathrooms: 9 Built incl. terraces: 1,576 m2 Plot: 5,790 m2 Price on application

Regulated by RICS

Map: p 192, Nº35

very impressive and elegant beachside residence within extensive gardens in the sought-after area of Guadalmina Baja, just a few minutes’ walk to the beach and within a short drive to Puerto Banús, boasting exceptional accommodation and facilities for guests.

Completely private, this property is south-west-facing with a

info@panorama.es

www.panorama.es

>>

+34 952 863 750

69

FEATURED PROPERTY

mature garden featuring numerous palm and tropical fruit trees, lush lawns criss-crossed with stone paths, a formal courtyard with fountain and manicured hedges, and a large heated pool with a bar. An unusual and stunning Balinese-style wooden pavilion, with parquet floor and roof of natural fibres, features a spa area and gym.

A combination of contemporary design and Andalusian craftsmanship have created this unique property which is ready to move into, inclusive of all fixtures and fittings.

The property offers a number of living areas including a completely independent staff wing and several guest suites.

70

info@panorama.es

www.panorama.es

+34 952 863 750

Regulated by RICS

Christopher Clover, Managing Director

Regulated by RICS

info@panorama.es

www.panorama.es

+34 952 863 750

FEATURED PROPERTY

“This property is one of the finest mansions on the market today located in the exclusive and very quiet residential area of Guadalmina, perfect for a family, entertainment, and for the incredible indoor-outdoor living that Marbella is famous for.�

71

OVER â‚Ź10 MILLION

MARBELLA EAST

Ref: 8660

Bedrooms: 7 Bathrooms: 7 Built: 1,129 m2 Terraces: 494 m2 Plot: 3,559 m2 Price on application

72

info@panorama.es

Map: p193, NÂş42

Beachfront gem in Los Monteros Amazing frontline beach mansion with spectacular sea views distributed over one level around an interior Arabesque-style courtyard with fountain, palm trees and a covered gallery. Lovely tropical garden with large pool, gazebo, BBQ area and much more.

www.panorama.es

+34 952 863 750

Regulated by RICS

OVER €10 MILLION

Regulated by RICS

info@panorama.es

www.panorama.es

+34 952 863 750

73

OVER €10 MILLION

BENAHAVÍS

Ref: 10441

Bedrooms: 7 Bathrooms: 8 Built: 1,362 m2 Terraces: 150 m2 Plot: 7,119 m2 Price on application

74

info@panorama.es

Map: p192, Nº32

Immaculate mansion with sea views in La Zagaleta Southeast-facing and enjoying complete privacy, the villa is set on a flat plot with a mature garden in this exclusive, 5-star gated community. The home offers: heated pool, wine cellar, cinema room, gym, indoor pool, sauna and independent staff apartment.

www.panorama.es

+34 952 863 750

Regulated by RICS

Sean Cannon, Sales Director

Regulated by RICS

info@panorama.es

www.panorama.es

+34 952 863 750

OVER €10 MILLION

“Stunning residence with breathtaking panoramic views in one of the most exclusive country clubs on the Costa del Sol.”

75

OVER €10 MILLION

VIDEO AVAILABLE IPhone IOS 11: open camera. Others download ‘QR Code Reader’ app

BENAHAVÍS

Ref: 9807

Bedrooms: 10 Bathrooms: 10 Built incl. terraces: 2,560 m2 Plot: 8,209 m2 Price on application

76

info@panorama.es

Map: p192, Nº32

Brand-new state-of-the-art mansion in La Zagaleta Contemporary mansion with breathtaking sea views, set on a very private and secluded plot. High quality materials and top-of-the-line engineering systems. La Zagaleta Country Club offers the highest levels of security, privacy and facilities exclusively to residents.

www.panorama.es

+34 952 863 750

Regulated by RICS

OVER €10 MILLION

Regulated by RICS

info@panorama.es

www.panorama.es

+34 952 863 750

77

OVER â‚Ź10 MILLION

GOLDEN MILE

Ref: 9154

Bedrooms: 9 Bathrooms: 10 Built incl terraces: 2,438 m2 Plot: 10,433 m2 Price on application

78

info@panorama.es

Map: p191, NÂş12

Stunning mansion in an exclusive location Elegant contemporary residence in a gated community of villas, next to Sierra Blanca. Beautiful landscaped gardens with pool, state-of-theart cinema room, spa area with steam room, games room, wine cellar, 2-bedroom staff apartment, 3-car garage and carport.

www.panorama.es

+34 952 863 750

Regulated by RICS

BLVD Alfonso Hohenlohe, S/N Hotel Marbella Club, Marbella Tel: +34 951 569 660 www.andrewmartin.es

OVER â‚Ź10 MILLION

GOLDEN MILE

Ref: 6767

Bedrooms: 14 Bathrooms: 14 Built: 1,220 m2 Terraces: 630 m2 Plot: 4,076 m2 Price on application

80

info@panorama.es

Map: p191, NÂş38

Beachfront mansion with sea views in prime area Front line beach estate with 2 guest houses on a large plot overlooking the Mediterranean Sea. Built in the early eighties, the property has a lot of potential and is in need of renovation. Beautiful mature garden and split-level swimming pool with superb views.

www.panorama.es

+34 952 863 750

Regulated by RICS

Ref: 7702

Bedrooms: 6 Bathrooms: 6 Built incl. terraces: 2,491 m2 Plot: 8,625 m2 Price: € 17,500,000

OVER €10 MILLION

GOLDEN MILE

Map: p191, Nº11

A truly magnificent estate in Cascada de Camoján Luxurious and elegant family home with breathtaking sea and mountain views. Built in a contemporary design with exceptional qualities. Beautiful landscaped gardens with 2 swimming pools and a waterfall. Sought-after gated complex with 24-hr security.

“From viewing the property through to completion Panorama’s professionalism shone like a beacon.”

CRAIG BENNETT Panorama Client

Regulated by RICS

info@panorama.es

www.panorama.es

+34 952 863 750

81

OVER €10 MILLION

BENAHAVÍS

Ref: 9563

Bedrooms: 8 Bathrooms: 9 Built: 1,636 m2 Terraces: 419 m2 Plot: 7,350 m2 Price on application

82

info@panorama.es

Map: p192, Nº32

Contemporary living at its best Breathtaking state-of-the-art luxury home in the heart of La Zagaleta Country Club. South-facing, stunning “magazine” villa flooded with incredible light, and semi-transparent design.

Beautiful manicured garden with gazebo and infinity pool.

www.panorama.es

+34 952 863 750

Regulated by RICS

VIDEO AVAILABLE

OVER €10 MILLION

IPhone IOS 11: open camera. Others download ‘QR Code Reader’ app

NEW GOLDEN MILE

Ref: 8599

Bedrooms: 12 Bathrooms: 13 Built: 1,628 Terraces: 890 m2 Plot: 4,030 m2 Price: € 14,200,000

84

info@panorama.es

Map: p192, west of Nº41

Unique beachfront gem on the New Golden Mile Luxurious, private, contemporary beachfront villa on a double plot in a tranquil area with uninterrupted sea views and direct access to the beach. Built to top specifications, featuring: outdoor, indoor and roof top plunge pools, cinema, gym, wine cellar and much more.

www.panorama.es

+34 952 863 750

Regulated by RICS

OVER €10 MILLION

“Unique contemporary mansion right on the beach! This house is all about design, space, light and brightness.

This is the place to enjoy the sea and the sunshine!”

Ulla Lammervo, Senior Property Consultant

Regulated by RICS

info@panorama.es

www.panorama.es

+34 952 863 750

85

OVER â‚Ź10 MILLION

GOLDEN MILE

Ref: 8976

Bedrooms: 7 Bathrooms: 7 Built: 1,846 m2 Terraces: 873 m2 Plot: 5,107 m2 Price on application

86

info@panorama.es

Map: p191, NÂş13

Modern, brand-new mansion in Sierra Blanca Spectacular contemporary-style mansion enjoying dazzling panoramic views to the mountains and the Mediterranean coastline.

Built over 3 levels with high quality specifications throughout, it features a spa area with Jacuzzi, gym and cinema/games room.

www.panorama.es

+34 952 863 750

Regulated by RICS

OVER €10 MILLION

Regulated by RICS

info@panorama.es

www.panorama.es

+34 952 863 750

87

OVER €10 MILLION

NEW GOLDEN MILE

Ref: 10350

Bedrooms: 6 Bathrooms: 6 Built: 2,355 m2 Terraces: 656 m2 Plot: 5,175 m2 Price: €12,500,000

88

info@panorama.es

Map: p192, Nº38

Luxurious beachfront mansion This spectacular seafront mansion combines elegant architecture with environmentally conscious state-of-the-art design and materials. Rooms have been meticulously orientated to take maximum advantage of natural light and wonderful sea views.

www.panorama.es

+34 952 863 750

Regulated by RICS

Beatrice Pittá, Property Consultant

Regulated by RICS

info@panorama.es

www.panorama.es

+34 952 863 750

OVER €10 MILLION

“A uniquely designed property with which to enjoy a very special lifestyle with one’s family and friends.”

89

OVER â‚Ź10 MILLION

GOLDEN MILE

Ref: 9895

Bedrooms: 5 Bathrooms: 5 Built: 892 m2 Terraces: 315 m2 Plot: 1,722 m2 Price on application

90

info@panorama.es

Map: p191, NÂş8

Rare opportunity in Los Verdiales Elegant beachside villa in this prime community, with direct access to Puente Romano with all its amenities at hand. L-shaped covered terrace overlooking the heated salt water pool, Turkish bath, large multi-purpose room and much more. A truly rare opportunity!

www.panorama.es

+34 952 863 750

Regulated by RICS

essential marbella®magazine

W W W. E S S E N T I A L M A G A Z I N E . C O M

ESSENTIAL IS SOCIAL! JOIN OUR WORLD OF LUXURIOUS FUN

€ 5 – 10 MILLION

MARBELLA EAST

Ref: 9949

Bedrooms: 7 Bathrooms: 6 Built: 686 m2 Terraces: 16 m2 Plot: 5,000 m2 Price on application

Map: p193, Nº46

Beachfront villa on an extensive plot Exceptional villa on a large plot with direct access to the beach, close to golf courses and tennis courts. Finished to the highest standards including an 18-hole putting green made by professional golfer Manuel Jiménez.

“You helped us find our dream house at a fantastic price with impeccable customer service.”

MOLA IRELAND Panorama Client

92

info@panorama.es

www.panorama.es

+34 952 863 750

Regulated by RICS

Ref: 7349

Bedrooms: 4 Bathrooms: 4 Built: 306 m2 Terraces: 49 m2 Plot: 556 m2 Price on application

Regulated by RICS

Map: p191, Nº6

Also available for long-term and short-term rent.

€ 5 – 10 MILLION

GOLDEN MILE

Luxury villa in the grounds of the Marbella Club Fabulous and exclusive villa, next to the Marbella Club Hotel and the beach. Recently refurbished to 5-star standards. Located in a quiet cul-de-sac, with a delightful garden, heated pool, chill-out and dining area with barbecue/bar.

info@panorama.es

www.panorama.es

+34 952 863 750

93

€ 5 – 10 MILLION

GOLDEN MILE

Ref: 10984

Bedrooms: 6 Bathrooms: 6 Built: 906 m2 Terraces: 378 m2 Plot: 3,737 m2 Price: € 5,500,000

94

info@panorama.es

Map: p191, Nº16

Elegant brand-new villa bordering Sierra Blanca South facing, enjoying sea views and overlooking the gardens.

Carefully designed, combining traditional and contemporary styles.

Featuring: double-height living room with dining area, Leicht kitchen with Gaggenau appliances, heated indoor pool and much more.

www.panorama.es

+34 952 863 750

Regulated by RICS

€ 5 – 10 MILLION

NUEVA ANDALUCÍA Bedrooms: 6 Bathrooms: 6 Built incl. terraces: 640 m2 Plot: 2,623 m2 Price: €7,950,000

96

info@panorama.es

Ref: 10966

Map: p192, north of Nº27

One-of-a-kind luxurious front line golf villa Stunning contemporary front line golf mansion on an elevated plot with breathtaking golf, sea and mountain views. Situated in one of the best communities of Nueva Andalucía and enjoying complete privacy, close to many golf courses and a short drive to Puerto Banús.

www.panorama.es

+34 952 863 750

Regulated by RICS

€ 5 – 10 MILLION

Regulated by RICS

info@panorama.es

www.panorama.es

+34 952 863 750

97

€ 5 – 10 MILLION

GOLDEN MILE

Ref: 10533

Bedrooms: 8 Bathrooms: 7 Built: 1,214 m2 Terraces: 541 m2 Plot: 2,169 m2 Price: € 5,900,000

98

info@panorama.es

Map: p191, Nº11

Modern mansion with the best views Unique mansion on an elevated plot with sea views in the gated urbanisation of Cascada de Camoján, with 24-hr security. Pool area with 2 heated pools, spa area, possible cinema room, intelligent home system, B & O sound system, elevator and much more.

www.panorama.es

+34 952 863 750

Regulated by RICS

Regulated by RICS

info@panorama.es

www.panorama.es

+34 952 863 750

€ 5 – 10 MILLION

View more images of this property on panorama.es

99

€ 5 – 10 MILLION

GOLDEN MILE

Ref: 10412

Bedrooms: 7 Bathrooms: 10 Built: 1,313 m2 Plot: 4,000 m2 Price: € 6,500,000

100

info@panorama.es

Map: p191, Nº11

Exclusive mansion in most prestigious area South-facing villa with panoramic sea views in the desirable area of Cascada de Camoján, with 24-hr security. Recently partially refurbished and extended, with magnificent garden, sauna, Turkish bath, gym, wine cellar, games room, outdoor Jacuzzi and much more.

www.panorama.es

+34 952 863 750

Regulated by RICS

€ 5 – 10 MILLION

Regulated by RICS

info@panorama.es

www.panorama.es

+34 952 863 750

101

€ 5 – 10 MILLION

SAN PEDRO DE ALCÁNTARA Bedrooms: 9 Bathrooms: 5 Built: 960 m2 Terraces: 242 m2 Plot: 5,570 m2 Price: € 5,600,000

102

info@panorama.es

Ref: 8957

Map: p192, Nº35

Magnificent property in prestigious community Beachside villa in Guadalmina Baja, a tranquil area, near golf courses, schools and amenities. Large plot with tropical garden with its own well and tennis courts. Offering privacy and only within 8-minutes’ drive to Puerto Banús.

www.panorama.es

+34 952 863 750

Regulated by RICS

Excellence in construction, installations and property maintenance Efficiency and complete customer satisfaction CODORA S.L, C/ Juan de la Cierva 11-1 D, Marbella 29603 +34 951 704 074

info@codora.es

VIDEO AVAILABLE

€ 5 – 10 MILLION

IPhone IOS 11: open camera. Others download ‘QR Code Reader’ app

BENAHAVÍS

Ref: 7173

Bedrooms: 11 Bathrooms: 11 Built: 1,718 m2 Terraces: 304 m2 Plot: 5,375 m2 Price: €5,995,000

104

info@panorama.es

Map: p192, Nº29

Hilltop frontline golf estate in La Quinta Remarkable mansion with 3 guest apartments, superb sea and golf views. Exclusive gated complex with 24-hr security. Set on a double plot with tropical gardens and pool. Temperature controlled wine cellar with bar, gym indoor heated pool and much more.

www.panorama.es

+34 952 863 750

Regulated by RICS

Marjut Nordström, Property Consultant

Regulated by RICS

info@panorama.es

www.panorama.es

+34 952 863 750

€ 5 – 10 MILLION

“Set on a raised private hill top surrounded by golf and with a beautiful sea view beyond, I absolutely love this property.”

105

€ 5 – 10 MILLION

GOLDEN MILE

Ref: 9913

Bedrooms: 7 Bathrooms: 7 Built: 930 m2 Terraces: 29 m2 Plot: 1,958 m2 Price: € 6,000,000

106

info@panorama.es

Map: p191, Nº13

Stylish mansion in Sierra Blanca Charming and stylish villa with superb sea and mountain views, in one of Marbella’s more desired residential areas with 24-hr security.

Features: exceptional master suite, outdoor dining area, billiard room, gym, swimming pool, pool bar area and much more.

www.panorama.es

+34 952 863 750

Regulated by RICS

€ 5 – 10 MILLION

Regulated by RICS

info@panorama.es

www.panorama.es

+34 952 863 750

107

€ 5 – 10 MILLION

BENAHAVÍS

Ref: 5512

Bedrooms: 6 Bathrooms: 6 Built: 630 m2 Terraces: 240 m2 Plot: 5,885 m2 Price: € 5,250,000

108

info@panorama.es

Map: p192, west of Nº30

Elegant mansion with tennis court Located in the hills above the New Golden Mile, 5-min drive to San Pedro, surrounded by different golf courses and only 10-min to Puerto Banús. Sea views, beautiful garden with subtropical trees and pool. Full security system, B & O central music system.

www.panorama.es

+34 952 863 750

Regulated by RICS

Bedrooms: 5 Bathrooms: 6 Built: 540 m2 Plot: 1,839 m2 Price: € 5,495,000

Regulated by RICS

Ref: 11007

€ 5 – 10 MILLION

NUEVA ANDALUCÍA

Map: p192, near Nº27

Beautifully renovated front line golf villa Luxurious villa with open golf views in a tranquil area in the Golf Valley. Beautifully designed and finished. Very spacious main living area with access to the terrace, pool, Jacuzzi, chill-out area and much more. Ready to move into.

info@panorama.es

www.panorama.es

+34 952 863 750

109

€ 3 – 5 MILLION

GOLDEN MILE

Ref: 10281

Bedrooms: 6 Bathrooms: 6 Built: 659 m2 Terraces: 194 m2 Plot: 4,950 m2 Price: € 4,450,000

Map: p190, Nº21

Extraordinary villa in Marbella Hill Club Recently renovated mansion on a large flat plot in this established and peaceful community, offering nighttime security. Bright, spacious and airy rooms throughout. Stunning mature garden with salt water pool. A perfect family home for year round living.

“I cannot compliment you enough on the professionalism of both you and your staff together.”

GEOFFREY D. HOLLOWAY F.C.C.A., Jerrom Associates, Solihull, UK

110

info@panorama.es

www.panorama.es

+34 952 863 750

Regulated by RICS

Ref: 10221

Bedrooms: 7 Bathrooms: 7 Built: 591 m2 Terraces: 173 m2 Plot: 911 m2 Price: € 4,950,000

Regulated by RICS

€ 3 – 5 MILLION

PUERTO BANÚS

Map: p192, Nº24

State-of-the-art modern beachside villa Ultimate contemporary villa walking distance to Puerto Banús. Built to highest standards including: lift, bright and airy lounge, huge roof terrace, cinema room, games/TV room and garden with salt water heated pool.

info@panorama.es

www.panorama.es

+34 952 863 750

111

€ 3 – 5 MILLION

PUERTO BANÚS

Ref: 10855

Bedrooms: 3 Bathrooms: 3 Built including terraces: 557 m2 Price: € 4,900,000

Map: p192, Nº21

Unique beachfront penthouse in Los Granados Stunning renovated beachfront duplex penthouse with spectacular views to the sea. Four enormous terraces and a private heated plunge pool. 24-hr security, concierge service, communal gardens, indoor and outdoor pools, gym, restaurant and access to the beach.

Join us on Facebook for the latest property listings and news

112

info@panorama.es

www.panorama.es

+34 952 863 750

Regulated by RICS

€ 3 – 5 MILLION

Regulated by RICS

info@panorama.es

www.panorama.es

+34 952 863 750

113

€ 3 – 5 MILLION

BENAHAVÍS

Ref: 10196

Bedrooms: 4 Bathrooms: 4 Built: 697 m2 Terraces: 256 m2 Plot: 1,793 m2 Price: € 4,950,000

114

info@panorama.es

Map: p192, near Nº30

Ultra-modern villa in Los Flamingos Contemporary state-of-the-art villa with sea and golf views.

Designer kitchen, roof terrace with Jacuzzi and chill-out area, cinema room with bar, indoor heated pool with movie projector, gym, mature garden, infinity pool and much more.

www.panorama.es

+34 952 863 750

Regulated by RICS

Bedrooms: 5 Bathrooms: 5 Built: 476 m2 Plot: 1,092 m2 Price: € 4,395,000

Regulated by RICS

Ref: 11045

€ 3 – 5 MILLION

NUEVA ANDALUCÍA

Map: p192, Nº28

Contemporary front line golf villa in Las Brisas Enjoying incredible views over Las Brisas Golf and La Concha, this luxurious, completely renovated villa offers lots of privacy and tranquillity. Decorated with top quality modern furniture with open bright spaces to create a homely feeling. Close to Puerto Banús.

info@panorama.es

www.panorama.es

+34 952 863 750

115

€ 3 – 5 MILLION

BENAHAVÍS

Ref: 10104

Bedrooms: 6 Bathrooms: 4 Built: 951 m2 Terraces: 183 m2 Plot: 3,900 m2 Price: € 4,900,000

116

info@panorama.es

Map: p192, near Nº30

Elegant villa with wonderful panoramic views Contemporary villa with stunning views, in an exclusive gated and tranquil complex close to La Alquería golf course. Built to high specifications. Extensive landscaped garden with heated designer pool and pergola. Within a 10-minute drive to Puerto Banús.

www.panorama.es

+34 952 863 750

Regulated by RICS

Ref: 10945

Bedrooms: 6 Bathrooms: 7 Built: 1,254 m2 Terraces: 412 m2 Plot: 50,000 m2 Price: € 4,800,000

Regulated by RICS

€ 3 – 5 MILLION

MARBELLA EAST

Map: p193, hills above Nº46

Impressive estate with sea views Unique residence surrounded by nature and enjoying panoramic views to the coast and mountains in La Mairena. Offering complete privacy. Indoor heated pool, stunning tropical garden, greenhouse, 2 separate apartments and much more.

info@panorama.es

www.panorama.es

+34 952 863 750

117

€ 3 – 5 MILLION

BENAHAVÍS

Ref: 9329

Bedrooms: 6 Bathrooms: 9 Built: 1,595 m2 Terraces: 753 m2 Plot: 18,660 m2 Price: € 4,750,000

118

info@panorama.es

Map: p192, Nº31

Extraordinary mansion in El Madroñal Impressive mansion with guest house and incredible sea and mountain views. Patios with fountains, tropical garden with pool and beach-style areas with waterfalls. Lift, heated indoor pool, Jacuzzi, Turkish bath, sauna, 8-car garage and staff house.

www.panorama.es

+34 952 863 750

Regulated by RICS

E S TA B L I S H E D I N 1 9 7 7

€ 3 – 5 MILLION

“On a large sunny plot, this property is well priced, right by the sea in a great neighbourhood, and brimming with potential.”

Sorin Mailat, Property Consultant

GOLDEN MILE

Ref: 10905

Bedrooms: 6 Bathrooms: 7 Built: 488 m2 Terraces: 262 m2 Plot: 1,233 m2 Price: € 4,690,000

120

info@panorama.es

Map: p191, Nº13

Stunning refurbished villa on the Golden Mile South-facing villa with sea views on an elevated position. Tropical gardens, BBQ and over floating pool. Gym, Turkish Hamman, garage for 2 cars, underfloor heating, Airzone and intelligent home system, Sonos sound system, security cameras and much more.

www.panorama.es

+34 952 863 750

Regulated by RICS

Luis Gallardo, Property Consultant

GOLDEN MILE

Ref: 9126

Bedrooms: 5 Bathrooms: 5 Built: 728 m2 Terraces: 92 m2 Plot: 1,471 m2 Price: € 4,300,000

Regulated by RICS

Map: p191, Nº13

€ 3 – 5 MILLION

“An amazing high-quality modern villa opportunity in Marbella’s most in-demand area of the Golden Mile!”

Contemporary-style villa in Sierra Blanca Modern villa with sea views in this in-demand urbanisation with 24-hr security. Mature garden with heated pool, pre-installation of cinema room, gym, garage for 4 cars and much more.

info@panorama.es

www.panorama.es

+34 952 863 750

121

€ 3 – 5 MILLION

BENAHAVÍS

Ref: 10261

Bedrooms: 4 Bathrooms: 5 Built: 801 m2 Terraces: 244 m2 Plot: 1,350 m2 Price: € 4,280,000

Map: p192, Nº30

Brand-new golf villa in Los Flamingos Within a consolidated area in a peaceful cul-de-sac. Special features include: bright and spacious rooms with great views, carport for 2 vehicles, several multipurpose rooms, cinema, games room or wine cellar, parking for golf buggies, lift and much more.

“I would confirm the excellent service and professionalism, both from yourself and staff.”

JOHN ELLISON Panorama Client

122

info@panorama.es

www.panorama.es

+34 952 863 750

Regulated by RICS

Ref: 11089

Bedrooms: 5 Bathrooms: 5 Built: 920 m2 Plot: 6,371 m2 Price: € 4,850,000

Regulated by RICS

€ 3 – 5 MILLION

BENAHAVÍS

Map: p192, Nº31

A masterpiece villa with magnificent sea views A unique, newly built villa with all modern features on one of the best plots in El Madroñal with large windows bringing the nature in from all sides. Set on an elevated plot with various terraces, wooden deck by the infinity pool to enjoy sun all day long.

info@panorama.es

www.panorama.es

+34 952 863 750

123

€ 3 – 5 MILLION

BENAHAVÍS

Ref: 9037

Bedrooms: 6 Bathrooms: 6 Built: 943 m2 Terraces: 256 m2 Plot: 1,239 m2 Price: € 3,990,000

124

info@panorama.es

Map: p192, west of Nº30

Front line golf mansion with unbeatable views Brand-new modern front line golf villa in La Alquería, on an elevated plot enjoying magnificent panoramic views. Pool area with heated pool, solarium with 360º views, professional gymnasium with a complete bar, garage for 4 cars and more.

www.panorama.es

+34 952 863 750

Regulated by RICS

VIDEO AVAILABLE IPhone IOS 11: open camera. Others download ‘QR Code Reader’ app

Ref: 10866

Bedrooms: 5 Bathrooms: 5 Built: 805 m2 Terraces: 245 m2 Plot: 14,950 m2 Price: € 3,900,000

Regulated by RICS

€ 3 – 5 MILLION

BENAHAVÍS

Map: p192, Nº31

Renovated cortijo with spectacular sea views Unique renovated cortijo-style villa with fabulous views in El Madroñal. Surrounded by nature in a gated community with 24-hr security. Special features include: cosy lounge with bar, gym, original recording studio and much more.

info@panorama.es

www.panorama.es

+34 952 863 750

125

€ 3 – 5 MILLION

GOLDEN MILE

Ref: 10116

Bedrooms: 7 Bathrooms: 6 Built: 366 m2 Plot: 4,979 m2 Price: € 3,700,000

Map: p190, Nº21

Lovely Andalusian-style villa on a stunning plot Charming south-facing villa in a cul-de-sac with spectacular views over the gardens towards the sea. Surrounded by 5.000 m² of beautiful mature gardens with pool. Separate staff accommodation and private garage. Community with nighttime security.

View more images of this property on panorama.es 126

info@panorama.es

www.panorama.es

+34 952 863 750

Regulated by RICS

Ref: 10285

Bedrooms: 3 Bathrooms: 3 Built: 215 m2 Terraces: 110 m2 Price: € 3,650,000

Regulated by RICS

€ 3 – 5 MILLION

GOLDEN MILE

Map: p190, Nº36

Beachside penthouse in Marina Puente Romano Second line beach, partly renovated duplex penthouse with sea views next to the Puente Romano hotel with all its facilities at hand and just steps to the beach. Beautifully maintained communal gardens with pool and 24-hr security. Prime location.

info@panorama.es

www.panorama.es

+34 952 863 750

127

Bedrooms: 5 Bathrooms: 5 Built: 575 m2 Plot: 1,684 m2 Price: € 3,795,000

Contemporary villa project in one of the most sought-after areas of the Golf Valley and only 5 minutes’ drive to Puerto Banús.

Highest qualities, infinity pool and gardens. Ideal for those looking for a peaceful home. Estimated completion date mid-2020.

Ref: 8942

Map: p192, near Nº30

€ 3 – 5 MILLION

NUEVA ANDALUCÍA

Deluxe villa project in Nueva Andalucía

Bedrooms: 6 Bathrooms: 6 Built including terraces: 489 m2 Plot: 824 m2 Price: € 3,600,000

MARBELLA EAST

128

Stylish renovated beachside villa in Los Monteros Beautiful beachside villa in a small gated complex of 9 homes.

Finished to high standards with Gaggenau kitchen, roof terrace, leisure area, sauna, heated pool, intelligent home system, underfloor heating and much more. Just 50 metres to the beach.

Ref: 10685

info@panorama.es

Map: p193, Nº42

www.panorama.es

+34 952 863 750

Regulated by RICS

Renovated villa on a large plot with sea views

Bedrooms: 6 Bathrooms: 5 Built: 570 m2 Terraces: 99 m2 Plots: 2,826 m2 Price: € 3,495,000 GOLDEN MILE

Immaculate villa with sea views in an established area with security, walking distance to Swans International School. Beautifully furnished and decorated. The outdoor area includes a spacious terrace, 2 pools, BBQ area and extensive garden with separate guest house.

Ref: 10527

Map: p190, Nº21

€ 3 – 5 MILLION

Bedrooms: 7 Bathrooms: 7 Built: 822 m2 Terraces: 200 m2 Plot: 1,740 m2 Price: € 3,295,000

BENAHAVÍS

Ref: 7671

Regulated by RICS

Front line golf villa in a gated community Magnificent villa in the Golf Valley with uninterrupted views to the golf course, mountains and the sea. Finished to the finest quality standards including cinema room, wine cellar, heated indoor pool with sauna, independent guest wing, BBQ and much more.

Map: p192, Nº29

info@panorama.es

www.panorama.es

+34 952 863 750

129

€ 3 – 5 MILLION

GOLDEN MILE

Ref: 9345

Bedrooms: 5 Bathrooms: 5 Built: 404-497 m2 Terraces: 174-206 m2 Plots: 1,160-1,520 m2 € 3,200,000 to € 3,900,000

130

info@panorama.es

Map: p190, Nº25

Brand-new villas in Lomas del Marbella Club An exclusive community of 8 villas blending the best of a prime setting, exceptional style and modern luxuries. In a premium location nearby the Marbella Club and Puente Romano hotels and offering 24-hr security. Only 3 units left available.

www.panorama.es

+34 952 863 750

Regulated by RICS

Ref: 11057

Bedrooms: 5 – 7 Bathrooms: 5 – 7 Built: 850-1,083 m2 Plots: 1,233-2,650 m2 Prices from: € 3,595,000

Regulated by RICS

€ 3 – 5 MILLION

BENAHAVÍS

Map: p193, Nº29

Brand-new exclusive villas next to La Quinta 12 contemporary high-end villas within a gated community in El Herrojo set on a 62,000 m2 plot offering stunning panoramic sea views. Managed by an acclaimed property development company with proven track record of top quality builds.

info@panorama.es

www.panorama.es

+34 952 863 750

131

Bedrooms: 5 Bathrooms: 4 Built: 934 m2 Plot: 1,501 m2 Price: € 2,995,000

Contemporary villa with views over the golf course. Built to top specifications, it offers: open-plan living room with Santos kitchen, heated salt water pool, gazebo with chill-out area, games room with a bar & much more. Additional 200 m2 of undeveloped space.

Ref: 10754

Map: p192, Nº27

€ 3 – 5 MILLION

NUEVA ANDALUCÍA

Beautiful villa next to Los Naranjos Golf Club

Bedrooms: 5 Bathrooms: 4+2 Built: 556 m2 Terraces: 137 m2 Plot: 1,142 – 1,237 m2 Price: € 3,500,000

NUEVA ANDALUCÍA

132

info@panorama.es

Villas overlooking Las Brisas Golf Two modern contemporary villas offered off-plan and overlooking Las Brisas golf course. The project is located within a short drive to Puerto Banús and all amenities. Building license in place, completion scheduled for 3rd quarter of 2020.

Ref: 11018

Map: p192 Nº28

www.panorama.es

+34 952 863 750

Regulated by RICS

FO R

RE

LE

D

AL

P O PE

Opening hours: 9am to 8pm, 7 days a week.

Opposite the Marbella Club Hotel.

VIDEO AVAILABLE

€ 1 – 3 MILLION

IPhone IOS 11: open camera. Others download ‘QR Code Reader’ app

BENAHAVÍS

Ref: 10733

Bedrooms: 7 Bathrooms: 7 Built: 847 m2 Terraces: 425 m2 Plot: 1,693 m2 Price: € 3,000,000

134

info@panorama.es

Map: p192, Nº29

Modern golf front villa in La Quinta Contemporary villa enjoying stunning views to La Concha Mountain, the golf course and the valley. Situated on an elevated plot in an exclusive gated community, offering 24-hr security. Mature garden with infinity pool and wood decking. Close to shops and restaurants.

www.panorama.es

+34 952 863 750

Regulated by RICS

Walter Fernández, Property Consultant

GOLDEN MILE

Ref: 11115

Bedrooms: 4 Bathrooms: 4 Built: 318 m2 Terraces: 58 m2 Plot: 145 m2 Price: € 2,300,000

Regulated by RICS

Map: p191, Nº50

Also available for long term rent.

€ 1 – 3 MILLION

“Stunning duplex on an elevated position with nice views, modern with unique design and qualities.”

Modern home with panoramic views Spectacular elevatedcontemporary duplex gardenvilla with panoramic views in Stunning brand-new apartment in La ReservaEast. de Sierra Blanca. the hills above Marbella Beautifully finished and decorated.

State-of-the-art just minutes Features include:installations, underfloor heating, solar panels, intelligent home to Marbella towncontrol centre.windows, security cameras and much more. system, acoustic

info@panorama.es

www.panorama.es

+34 952 863 750

135

€ 1 – 3 MILLION

GOLDEN MILE

Ref: 9396

Bedrooms: 6 Bathrooms: 6 Built: 482 m2 Terraces: 320 m2 Plot: 1,006 m2 Price: € 2,950,000

136

info@panorama.es

Map: p190, Nº25

Modern villa close to Puente Romano Brand-new villa in the prestigious urbanisation of Las Lomas del Marbella Club, with high quality finishes and using the latest construction technologies. Bright and spacious rooms. Southfacing and offering lovely views to the sea and mountains.

www.panorama.es

+34 952 863 750

Regulated by RICS

VIDEO AVAILABLE IPhone IOS 11: open camera. Others download ‘QR Code Reader’ app

Ref: 10617

Bedrooms: 5 Bathrooms: 5 Built: 523 m2 Terraces: 75 m2 Plot: 1,865 m2 Price: € 2,699,000

Regulated by RICS

€ 1 – 3 MILLION

BENAHAVÍS

Map: p192, Nº31

Completely renovated villa in El Madroñal Superb, very private villa with separate guest apartment enjoying sea and mountain views. Completely renovated and nestled amongst old Corsican pine trees in a gated community on the Ronda Road in the hills above San Pedro. Sold fully furnished.

info@panorama.es

www.panorama.es

+34 952 863 750

137

VIDEO AVAILABLE

€ 1 – 3 MILLION

IPhone IOS 11: open camera. Others download ‘QR Code Reader’ app

GOLDEN MILE

Ref: 10713

Bedrooms: 3 Bathrooms: 3 Built: 242 m2 Terraces: 349 m2 Price: € 2,475,000

138

info@panorama.es

Map: p191, Nº46

Spectacular penthouse with sea views in Imara A very special duplex penthouse with breathtaking sea and mountain views. Open-plan Porsche kitchen, garden-type terraces with Jacuzzi. Offered fully furnished with designer furniture. The community offers 3 pools, sauna facilities and 24-hr security.

www.panorama.es

+34 952 863 750

Regulated by RICS

Bedrooms: 6 Bathrooms: 6 Built: 409 m2 Terraces: 74 m2 Plot: 1,472 m2 Price: € 2,450,000

Regulated by RICS

Ref: 11087

€ 1 – 3 MILLION

NUEVA ANDALUCÍA

Map: p192, Nº26

Renovated villa in the Golf Valley Completely renovated family villa in Aloha, walking distance to shops, bars, restaurants and close to 3 famous golf courses. Huge open-plan living room, formal dining area and L-shaped kitchen with central island, beautifully maintained garden with pool area.

info@panorama.es

www.panorama.es

+34 952 863 750

139

New Beachside villa next to Guadalmina Baja

Bedrooms: 5 Bathrooms: 8 Built: 900 m2 Terraces: 150 m2 Plot: 1,550 m2 Price: € 2,950,000 ESTEPONA

Ref: 9209

Brand-new villa in the up-and-coming area of Casasola. The community offers 24-hr security and control barrier during the night. Built with top quality materials that will satisfy the demands of the most discerning buyers!

Map: p192, Nº38

€ 1 – 3 MILLION

“Panorama performed an outstanding job in both marketing and selling my house.”

RALPH WATSON Managing Director, Redmount Trust Company Limited

Modern villa with sea views in Sierra Blanca

Bedrooms: 3 Bathrooms: 3 Built: 380 m2 Terraces: 321 m2 Plot: 1,112 m2 Price: € 2,795,000

GOLDEN MILE

140

Recently re-built to modern standards, the villa is located in the gated community of Sierra Blanca with 24-hr security. Terraced garden with pool, porcelain floors, Schüco carpentry, electric blinds, intelligent home system, underfloor heating and solar panels.

Ref: 10359

info@panorama.es

Map: p191, Nº13

www.panorama.es

+34 952 863 750

Regulated by RICS

Bedrooms: 3 Bathrooms: 3 Built: 155-165 m2 Terraces: 113-189 m2 Gardens: 143-288 m2 € 2,095,000 to € 2,550,000 GOLDEN MILE

Ref: 8731

Luxurious apartments close to Puente Romano Small gated complex of 8 apartments, each with private pool in one of the most sought-after areas. Features include: underfloor heating, intelligent home system, Sonos sound system, kitchen with Gaggenau appliances, natural stone floors and much more.

Map: p190, Nº51

€ 1 – 3 MILLION

Bedrooms: 2 Bathrooms: 2 Built: 131 m2 Terraces: 34 m2 Price: € 2,500,000

GOLDEN MILE

Ref: 10062

Regulated by RICS

Contemporary home in Marina Puente Romano Totally renovated first floor apartment with beautiful lateral sea views in this much sought-after complex, next to the 5-star Puente Romano and only a stone’s throw to the beach. Offering gardens, pool, 24-hr security and access to the tennis club.

Map: p190, Nº36

info@panorama.es

www.panorama.es

+34 952 863 750

141

Bedrooms: 5-6 Bathrooms: 5-6 Built: 435-476 m2 Terraces: 223-229 m2 Plots: 575-753 m2 Price: € 2,400,000 Ref: 9680

Brand-new designer villas located in one of the most in-demand gated complexes, within 15 minutes’ walk to Puente Romano and the beach. Exclusive and private community of 7 villas that will feature the highest finishes and materials currently available.

Map: p191, Nº19

€ 1 – 3 MILLION

GOLDEN MILE

Contemporary villas near Puente Romano

Bedrooms: 6 Bathrooms: 5 Built: 502 m2 Terraces: 448 m2 Plot: 1,299 m2 Price: € 2,350,000

NUEVA ANDALUCÍA

142

info@panorama.es

Urban-style villa in the Golf Valley Contemporary villa next to Los Naranjos golf course. Renovated to high standards in 2007, distributed over various split levels, offering a cinema room, sauna, gym, landscaped garden with pool, terraces and gazebo. Immaculately maintained and competitively priced.

Ref: 8231

Map: p192, Nº27

www.panorama.es

+34 952 863 750

Regulated by RICS

€ 1 – 3 MILLION

NUEVA ANDALUCÍA

Ref: 10897

Bedrooms: 5 Bathrooms: 5 Built: 593 m2 Plot: 1,350 m2 Price: € 2,495,000

144

info@panorama.es

Map: p192, near Nº27

Modern refurbished villa in La Cerquilla Immaculate villa with sea and mountain views in this prestigious residential area in the Golf Valley. Recently renovated, with openplan Poggenpohl kitchen, gazebo enjoying views to La Concha, games room, wine cellar, garage for 3 cars. Offered fully furnished.

www.panorama.es

+34 952 863 750

Regulated by RICS

Bedrooms: 5 Bathrooms: 5 Built: 370 m2 Plot: 985 m2 Price: € 2,450,000

Ref: 10632

Map: p192, near Nº27

€ 1 – 3 MILLION

NUEVA ANDALUCÍA

Stunning, modern villa in the Golf Valley Contemporary villa, recently renovated offering open mountain and golf views and bright interiors. It includes a private garage, a lovely manicured garden with a good-size pool and pool bar. Close to Los Naranjos golf course and within a short drive to Puerto Banús.

145

VIDEO AVAILABLE

€ 1 – 3 MILLION

IPhone IOS 11: open camera. Others download ‘QR Code Reader’ app

BENAHAVÍS

Ref: 10127

Bedrooms: 5 Bathrooms: 5 Built: 577 m2 (including terraces) Plot: 4,670 m2 Price: € 1,995,000

146

info@panorama.es

Map: p192, Nº31

Villa with lots of privacy in El Madroñal Charming villa situated in a gated community offering 24-hr security and surrounded by nature. Beautiful mature garden with salt water heated pool and BBQ area for al fresco dining. It includes a further 7,900 m2 of green area. Only a 15-minute drive to Puerto Banús!

www.panorama.es

+34 952 863 750

Regulated by RICS

Verdan Canjuga, Property Consultant

GOLDEN MILE

Ref: 10434

Bedrooms: 5 Bathrooms: 5 Built: 442 m2 Terraces: 140 m2 Plot: 1,078 m2 Price: € 1,700,000

Regulated by RICS

Map: p190, Nº25

€ 1 – 3 MILLION

“Lovely classic style villa in a 5-star location, ideal family home with great potential!”

Family home in Lomas del Marbella Club Elegant villa set on a plot with a mature garden and salt water pool, enjoying sea and mountain views. Ideal for entertaining, plenty of terraces, Jacuzzi, gym, sauna and wine cellar.

info@panorama.es

www.panorama.es

+34 952 863 750

147

€ 1 – 3 MILLION

SAN PEDRO

Ref: 10822

Bedrooms: 5 Bathrooms: 5 Built: 459 m2 Terraces: 94 m2 Plot: 2,000 m2 Price: € 1,685,000

148

info@panorama.es

Map: p192, north of Nº34

Charming family villa in San Pedro Cosy family home in one of the most up-and-coming areas, walking distance to amenities. On a flat, south-facing corner plot with a beautiful mature garden and offering privacy. Features include a temperature controlled wine cellar, amongst many others.

www.panorama.es

+34 952 863 750

Regulated by RICS

VIDEO AVAILABLE IPhone IOS 11: open camera. Others download ‘QR Code Reader’ app

Ref: 10653

Bedrooms: 7 Bathrooms: 6 Built: 519 m2 Terraces: 578 m2 Plot: 4,570 m2 Price: € 1,495,000

Regulated by RICS

€ 1 – 3 MILLION

BENAHAVÍS

Map: p192, south of Nº30

Villa recently refurbished to modern standards Lovely family home situated in an established area on the hills above San Pedro, with a beautiful mature garden, large pool and terraces. Recently refurbished to the highest specifications.

A very private villa that must be viewed to be appreciated.

info@panorama.es

www.panorama.es

+34 952 863 750

149

Brand-new villas in Las Brisas

Bedrooms: 4 Bathrooms: 4 Built: 412-509 m2 Terraces: 193-227 m2 Plots: 78-239 m2 € 2,300,00 to € 2,600,000 NUEVA ANDALUCÍA

A new villa complex with 24-hr security close to all amenities.

The community comprises 8 semi-detached and 3 detached villas with communal pool. Each property has a private lift and salt water infinity pool on the rooftop solariums.

Ref: 10953

Map: p192, Nº28

€ 1 – 3 MILLION

“I thank you for the great promotional work you do all over the world for our city through your real estate agency Panorama.”

Mª ÁNGELES MUÑOZ URIOL Mayor of Marbella

Charming family villa with sea views

Bedrooms: 4 Bathrooms: 4 Built: 470 m2 Plot: 1,187 m2 Price: € 2,300,000

GOLDEN MILE

150

Lovely south-facing family villa in a gated complex with sea views close to Marbella centre. The complex boasts 24-hr security service, green areas, paddle & tennis courts and a social club. Features: underfloor heating, double glazing and much more.

Ref: 10614

info@panorama.es

Map: p191, Nº44

www.panorama.es

+34 952 863 750

Regulated by RICS

Bedrooms: 5 Bathrooms: 3 Built: 157 m2 Terraces: 71 m2 Plot: 30 m2 Price: € 2,200,000 GOLDEN MILE

Beachfront corner townhouse with sea views Bright and spacious townhouse in a central area. Lovely sea views from living room, master bedroom and both terraces (on upper and lower levels). Community includes green areas, large pool, tennis & paddle courts and children’s play area.

Ref: 10909

Map: p191, east of Nº33

€ 1 – 3 MILLION

Bedrooms: 4 Bathrooms: 4 Built: 444 m2 Terraces: 38 m2 Plot: 1,215 m2 Price: € 2,150,000

MARBELLA EAST

Regulated by RICS

Beachside villa in La Reserva de Los Monteros Immaculate family home in one of the most sought-after beachside communities of this area. Beautifully presented and offered fully furnished. Within a short walk to the sea and 5 minutes’ drive to Marbella town centre.

Ref: 10194

Map: p193, Nº42

info@panorama.es

www.panorama.es

+34 952 863 750

151

Luxury villa next to the beach in Los Monteros

Bedrooms: 4 Bathrooms: 3 Built: 238 m2 Terraces: 150 m2 Plots: 1,000 m2 Price: € 2,150,000 Ref: 9424

Map: p193, Nº42

€ 1 – 3 MILLION

MARBELLA EAST

Contemporary-style beachside villa located in the exclusive urbanisation of Los Monteros with 24-hr security. Walking distance to beach and the La Cabane Beach Club. This property is stylishly decorated – a perfect holiday home.

Beautifully finished and decorated penthouse

Bedrooms: 4 Bathrooms: 4 Built: 256 m2 Terraces: 148 m2 Price: € 2,150,000

GOLDEN MILE

152

Luxurious duplex penthouse, walking distance to Puente Romano.

The complex comprises more than 20,000 m2 of beautiful communal gardens with 2 pools, one of which is heated, and security service. Other units available.

Ref: 6022

info@panorama.es

Map: p190, north of Nº63

www.panorama.es

+34 952 863 750

Regulated by RICS

Enormous double ground-floor apartment

Bedrooms: 4 Bathrooms: 3 Built: 260 m2 Terraces: 465 m2 Price: € 1,995,000

GOLDEN MILE

Two 2-bedroom apartments joined together with a unique large patio and elevated terrace with views to the sea. Located in Altos Reales offering 24-hr security, gardens with playground area and paddle tennis court. Concierge service during the day.

Ref: 10916

Map: p191, Nº14

€ 1 – 3 MILLION

Bedrooms: 5 Bathrooms: 5 Built: 370 m2 Terraces: 34 m2 Plot: 1,520 m2 Price: € 1,995,000

SAN PEDRO

Ref: 10804

Regulated by RICS

Beautiful villa in the best area of Guadalmina Baja Cosy family villa with lots of character and close to the beach. Ideal for year-round living, with spacious areas leading to a covered porch and a stunning garden with pool. Offering privacy and within a secure neighbourhood.

Map: p192, Nº35

info@panorama.es

www.panorama.es

+34 952 863 750

153

Lovely golf villa with sea views in Río Real

Bedrooms: 6 Bathrooms: 5 Built: 538 m2 Terraces: 45 m2 Plots: 1,980 m2 Price: € 1,995,700 Ref: 8477

Map: p193, Nº43

€ 1 – 3 MILLION

MARBELLA EAST

Magnificent villa next to the famous Río Real Golf, with beautiful tropical gardens and panoramic views. Built to high standards with top quality materials, featuring underfloor heating, intelligent home system, garage for 3/4 cars, wine cellar & staff accommodation.

Bedrooms: 3 Bathrooms: 3 Built: 330 m2 Terraces: 35 m2 Plot: 1,809 m2 Price: € 1,990,000

NUEVA ANDALUCÍA

154

info@panorama.es

Renovated southwest-facing villa in the Golf Valley Set on an elevated position with open views and minutes away from the area’s acclaimed schools and amenities. Refurbished to high standards (except lower level), and featuring underfloor heating, intelligent home system. Posibility to add an extra bedroom.

Ref: 10538

Map: p192, Nº28

www.panorama.es

+34 952 863 750

Regulated by RICS

Bedrooms: 4 Bathrooms: 4 Built: 502 m2 Terraces: 297 m2 Plot: 850 m2 Price: € 1,990,000

Luxurious villa in a gated community located in Casasola. Southeastfacing, 700 metres to the sea, in a calm and natural environment, with open views. Ample living areas, high quality installations, private pool and a landscaped garden. Other units available.

Ref: 8895

Map: p192, Nº38

€ 1 – 3 MILLION

NEW GOLDEN MILE

Brand-new modern beachside villa

Bedrooms: 5 Bathrooms: 5 Built: 420 m2 Terraces: 131 m2 Plot: 362 m2 Price: € 1,895,000

GOLDEN MILE

156

Ref: 10956

info@panorama.es

Modern villa in Las Lomas del Marbella Club Very spacious villa in a fully gated complex with 24-hr security in one of the most sought-after communities on the Golden Mile.

Situated in Las Lomas del Marbella Club, the development has only 18 villas with beautiful communal gardens and 2 swimming pools.

Map: p190, Nº25

www.panorama.es

+34 952 863 750

Regulated by RICS

Bedrooms: 5 Bathrooms: 5 Built: 327 m2 Plots: 1,451 m2 Price: € 1,850,000

NUEVA ANDALUCÍA

Ref: 9514

Regulated by RICS

Map: p192, Nº28

“Stylish villa, completely renovated with attention to detail and comfort.

Beautiful garden with a 400-year-old olive tree.

Incredible views of my favourite mountain – La Concha.”

Bedrooms: 4 Bathrooms: 3 Built: 208 m2 Plot: 1,040 m2 Price: € 1,790,000

NUEVA ANDALUCÍA

Stylish, completely renovated villa in Las Brisas offering great views towards La Concha Mountain and a garden with palm trees and large pool, Jacuzzi, bar and BBQ area. Only a 2-minute drive to Puerto Banús and 5 top class golf courses.

€ 1 – 3 MILLION

Bianca Omloo, Property Consultant

Contemporary-style villa with views to La Concha

Modern renovated villa in the Golf Valley Cosy villa totally renovated to high and modern standards in Las Brisas, in the heart of the Golf Valley. This lovely family home is conveniently distributed on one level. The private garden enjoys a circular pool, a pool bar and views to La Concha Mountain.

Ref: 10888

Map: p192, Nº28

info@panorama.es

www.panorama.es

+34 952 863 750

157

Bedrooms: 3 Bathrooms: 3 Built: 190 m2 Terraces: 215 m2 Price: € 1,399,000

Duplex penthouse enjoying sun all day and lovely open views.

Luxury complex consisting of more than 25,000 m2 of gardens with fountains and ponds, 2 swimming pools, indoor heated pool, gym, 24-hr security, maintenance service and assured privacy.

Ref: 11009

Map: p190, North of Nº63

€ 1 – 3 MILLION

GOLDEN MILE

Penthouse walking distance to Puente Romano

Bedrooms: 4 Bathrooms: 4 Built: 391 m2 Terraces: 38 m2 Plot: 2,938 m2 Price: € 1,550,000

MARBELLA EAST

158

Front line golf villa in Río Real Elegant golf front villa with panoramic views to the sea, the golf course and its lake. This complex is well-known for its lovely villas and apartments in a tranquil setting and a beach club nearby.

Ref: 10224

info@panorama.es

Map: p193, Nº43

www.panorama.es

+34 952 863 750

Regulated by RICS

VERIFIED PROPERTIES CERTIFIED REALTORS

Your property portal for Spain Transparent, Verified, Trusted Great selection of quality properties, high quality property details and professional affiliated realtors. MiMove makes it easier for you to find your dream home in Spain.

mimove.com

AFFILIATED MIMOVE AGENT

Outstanding penthouse in Aloha Park

Bedrooms: 4 Bathrooms: 4 Built: 231 m2 Terraces: 129 m2 Price: € 1,695,000

Ref: 8667

Map: p192, Nº26

€ 1 – 3 MILLION

NUEVA ANDALUCÍA

Duplex penthouse with sea and mountain views in an exclusive complex with mature communal gardens and several pools, one indoor and heated, a gym, sauna and 24-hr security. Situated in a tranquil area, yet within a few minutes’ drive to Puerto Banús.

Penthouse in Monte Paraíso Country Club

Bedrooms: 4 Bathrooms: 4 Built: 215 m2 Terraces: 201 m2 Price: € 1,595,000

GOLDEN MILE

160

Duplex penthouse within a complex with 24-hr security and mature communal gardens with several swimming pools. South-facing, the property has two large terraces with breathtaking sea views.

Accessed by an elevator with private key.

Ref: 10581

info@panorama.es

Map: p191, Nº44

www.panorama.es

+34 952 863 750

Regulated by RICS

Bedrooms: 3 Bathrooms: 3 Built: 198 m2 Terraces: 34 m2 Price: € 1,495,000

GOLDEN MILE

Ref: 10794

First-floor apartment in La Trinidad A wonderful east-facing apartment in this luxurious complex with beautifully maintained gardens, pools, summer restaurant, gymnasium, indoor swimming pool and 24-hr security service.

A magnificent apartment in one of the best areas of Marbella!

Map: p190, Nº54

€ 1 – 3 MILLION

Bedrooms: 4 Bathrooms: 4 Built: 277 m2 Terraces: 67 m2 Plot: 1,052 m2 Price: € 1,550,000

Immaculate villa close to the beach in La Carolina

GOLDEN MILE

Map: p191, Nº17

Ref: 9735

Regulated by RICS

This cosy family home is situated in an established community, walking distance to the beach and all amenities. Lovely mature garden with pool. A well-maintained property, close to everything and 5-minutes’ drive to Marbella town.

info@panorama.es

www.panorama.es

+34 952 863 750

161

€ 1 – 3 MILLION

GOLDEN MILE

Ref: 10635

Bedrooms: 6 Bathrooms: 4 Built: 387 m2 Terraces: 83 m2 Plot: 1,781 m2 Price: € 1,495,000

Map: p191, Nº16

Lovely family home set in a consolidated area Southwest-facing villa in Rocío de Nagüeles close to Marbella centre. Built on a large plot with garden, pool and barbecue area. Separate staff or guest apartment and double garage.

A great renovation project with lots of potential.

Carmen Rivas, Property Consultant

162

info@panorama.es

www.panorama.es

+34 952 863 750

“I really like this property!

It’s a charming family home with a beautiful mature garden. Set in an established area next to Sierra Blanca. In my opinion a house with a lot of potential.”

Regulated by RICS

Did you know that the real estate industry in Spain is barely regulated?

Panorama is regulated by

Panorama is the only residential real estate agency on the Costa del Sol with strict, RICS-enforced regulation

The Royal Institution of Chartered Surveyors (RICS) was founded in 1868. See www.rics.org for more information

Regulated by RICS

Tel. (+34) 952 863 750

info@panorama.es

info@panorama.es

www.panorama.es

www.panorama.es

+34 952 863 750

163

Beachside apartment in Oasis Club

Bedrooms: 3 Bathrooms: 3 Built including terraces: 161 m2 Price: € 1,495,000

Ref: 10247

Map: p190, Nº38

€ 1 – 3 MILLION

GOLDEN MILE

Stylish duplex apartment with spectacular sea views in an exclusive beachfront complex. Two properties have been joined together to form this spacious, renovated home. Gated complex with gardens, pool and access to the beach. Walking distance to Puerto Banús.

Bedrooms: 3 Bathrooms: 2 Built: 195 m2 Terraces: 41 m2 Price: € 1,390,000

PUERTO BANÚS

164

Beachside penthouse near Puerto Banús Penthouse with superb sea views in a beachfront complex.

The community is fully gated and offers mature gardens with pool and direct access to the beach. A perfect location, walking distance to Puerto Banús and all amenities.

Ref: 10992

info@panorama.es

Map: p192, Nº25

www.panorama.es

+34 952 863 750

Regulated by RICS

Luxury apartments in one of the best locations

Bedrooms: 3-8 Bathrooms: 3-8 Built: 234-842 m2 Terraces: 92-430 m2 Prices from: € 1,390,000 - € 2,990,000

A project of 20 apartments distributed into 5 buildings on a plot of 8,000 m2. Highest specifications using Sismo building system. The community will offer 2 pools and landscaped gardens, a spa, gym, heated indoor pool, clubhouse, concierge service and 24-hr security.

GOLDEN MILE

Map: p190, Nº55

Ref: 9944

€ 1 – 3 MILLION

Bedrooms: 4 Bathrooms: 4 Built: 307 m2 Plot: 800 m2 Price: € 1,350,000

NUEVA ANDALUCÍA

Corner villa with mountain views in Las Brisas Bright and spacious, ideal for entertaining, with open-plan living/ dining room, professionally equipped kitchen and games room with sauna, gym, pool and terraces for al fresco dining. Potential to be modernised. Minutes away from golf courses.

Ref: 10552

Map: p192, Nº28

“Panorama ensured I found and moved into the perfect property in a weekend visit to Marbella.”

MR. RICHARD WALDUCK O.B.E., The Imperial London Hotels Ltd., UK

Regulated by RICS

info@panorama.es

www.panorama.es

+34 952 863 750

165

Townhouse in an exclusive gated complex

Bedrooms: 4 Bathrooms: 3 Built: 377 m2 Terraces: 77 m2 Plot: 47 m2 Price: € 1,195,000 Ref: 10205

Map: p191, Nº11

€ 1 – 3 MILLION

GOLDEN MILE

Luxurious townhouse with private garden and spectacular roof terrace with sea views in an exclusive complex offering 24-hr security and comprising only 14 townhouses. An ideal family home, within a short drive to all amenities and yet in a peaceful area.

166

Ana Tarazona, Property Consultant

“Spectacular townhouse in the most sought after location in Marbella. I love the fantastic sea views from the magnificent terrace and the spacious rooms this property offers.”

Bedrooms: 3 Bathrooms: 2 Built: 96 m2 Terraces: 23 m2 Price: € 1,300,000

Renovated beachside apartment in Port Oasis

GOLDEN MILE

Map: p190, Nº39

Southwest-facing renovated beachside apartment with sea views in a beautiful beachfront community with gardens, pool, garage and 24-hr security service. Access to the beach, walking distance to Puerto Banús and close to all amenities!

Ref: 9457

info@panorama.es

www.panorama.es

+34 952 863 750

Regulated by RICS

Bedrooms: 3 Bathrooms: 3 Built: 156 m2 Terraces: 38 m2 Price: € 1,270,000

GOLDEN MILE

Ref: 10562

Beachfront apartment in Playa Esmeralda South-facing elevated ground-floor apartment with superb sea and garden views between Puente Romano and Puerto Banús. This sought-after complex has 24-hr security, gym, communal gardens with pool and access to the beach.

Map: p190, Nº40

€ 1 – 3 MILLION

Bedrooms: 2 Bathrooms: 2 Built: 145 m2 Terrace: 20 m2 Price: € 1,200,000

PUERTO BANÚS

Regulated by RICS

Ref: 4584

Beachfront penthouse in Puerto Banús An unusual apartment opportunity in a much sought-after development with 40,000 m² of gardens, pools, restaurant, cafeteria, fitness centre, 24-hr reception and direct access to the beach and Puerto Banús.

Map: p192, Nº22

info@panorama.es

www.panorama.es

+34 952 863 750

167

Beautiful golf apartment in Las Alamandas

Bedrooms: 3 Bathrooms: 3 Built: 195 m2 Terraces: 95 m2 Price: € 1,185,000

Ref: 10944

Map: p192 , Nº27

€ 1 – 3 MILLION

NUEVA ANDALUCÍA

Impeccable garden apartment in a 5-star complex with 24-hr security. Built with high quality materials, it is in immaculate condition and has been professionally designed. South-facing terrace overlooking the community gardens and the golf course.

Bedrooms: 2-4 Bathrooms: 3-4 Built: 242-305 m2 Terraces: 125-191 m2 Price: € 1,090,000 - € 1,400,000

ESTEPONA

168

Ref: 9715

info@panorama.es

Brand-new beachfront townhouses A development of 50 contemporary townhouses with sea views, offering privacy and close to amenities in the most exclusive area in Estepona’s western outskirts. Surrounded by a protected pine forest and public green area. 5-minutes walk to the Estepona marina.

Map: p192, west of Nº41

www.panorama.es

+34 952 863 750

Regulated by RICS

The Red Pepper Restaurant has the highest quality food, a great atmosphere and the best service, all at very resonable prices.

Christopher Clover

RESERVATIONS: 952 812 148

Bedrooms: 3 Bathrooms: 3 Built: 195 m2 Terraces: 155 m2 Price: € 1,100,000

Immaculate beachside penthouse with superb sea views in Bahía de Marbella. South-facing, enjoying sunlight all day. Roof terrace with heated plunge pool, bar and BBQ area. The complex offers 24-hr security, 2 pools, mature gardens and a squash court.

Ref: 10844

Map: p193, east of Nº42

€ 1 – 3 MILLION

MARBELLA EAST

Beachside duplex penthouse with private pool

Bedrooms: 2 Bathrooms: 2 Built: 163 m2 Terraces: 187 m2 Price: € 1,050,000

GOLDEN MILE

170

Ref: 11020

info@panorama.es

Luxury duplex penthouse with amazing views Fabulous penthouse in Mansion Club, a fully gated 5-star community on Marbella’s Golden Mile. Beautifully maintained tropical gardens with several water features, pools, gym with indoor heated pool, sauna, Turkish bath and 24-hr security service. Other units available.

Map: p191, Nº48

www.panorama.es

+34 952 863 750

Regulated by RICS

Beachside family villa with sea views

Bedrooms: 4 Bathrooms: 4 Built: 357 m2 Terraces: 127 m2 Plot: 880 m2 Price: € 1,095,000 MARBELLA EAST

A cosy family home with incredible sea views, a beautiful mature garden and heated pool. The property was renovated in 2007 and features: central heating, sauna, ceramic floors, double glazing and automatic irrigation system. Just a few minutes’ walk to the beach!

Ref: 7659

Map: p193, east of Hotel Don Carlos

€ 1 – 3 MILLION

Bedrooms: 2-3 Bathrooms: 2-3 Built: 129-198 m2 Terraces: 49-157 m2 Prices from: € 790,000 - € 1,700,000

GOLDEN MILE

Ref: 10757

Luxurious apartments close to Puente Romano Stunning apartments spread over 4 buildings, each with 6 units.

The duplex ground-floor and penthouses include private pools.

Belonging to a development which is already built and set on 25,000 m2 of tropical gardens with 4 swimming pools.

Map: p190, north of Nº63

“I would like to compliment you, Chris, and your colleagues on the excellent service rendered in my recent house sale in Marbella.”

PAUL VOGT London, UK

Regulated by RICS

info@panorama.es

www.panorama.es

+34 952 863 750

171

Bedrooms: 4 Bathrooms: 3 Built: 370 m2 Plot: 1,746 m2 Price: € 998,500

UNDER € 1 MILLION

MARBELLA EAST

Lovely, renovated villa distributed on one level in an established and quiet residential area. The property is south-facing and enjoys a beautiful mature garden and is ideal for year round living. A competitively priced home close to all golf courses and amenities.

Ref: 10704

Bedrooms: 4 Bathrooms: 3 Built: 327 m2 Terrace: 74 m2 Plot: 524 m2 Price: € 985,000

GOLDEN MILE

Family home with sea views in El Rosario

Map: p193, Nº47

Beautiful south-facing villa in Nagüeles In immaculate condition, this property offers bright rooms with high ceilings, sunny terraces and full privacy. Additional space to create a games/entertainment room. Parking for three cars. Within a small community with quick access to Marbella and Puerto Banús.

Ref: 10841 Map: p191, Nº16

Ola Danielsen, Property Consultant

172

info@panorama.es

www.panorama.es

+34 952 863 750

“A beautiful villa offering you privacy in the middle of the Golden Mile.

The ideal Marbella home any time of the year.”

Regulated by RICS

Bedrooms: 2-3 Bathrooms: 2 Built: 111-358 m2 Terraces: 40-142 m2 Plot: 50-920 m2 € 792,000 to € 2,580,000 NEW GOLDEN MILE

Map: p192, west of Nº41

Luxurious flat in La Trinidad, a 5-star complex

UNDER € 1 MILLION

Ref: 10914

Regulated by RICS

This beachfront complex of 38 properties is one of a kind. There are 24 two- and three-bed apartments, 6 penthouses, 6 bungalows and 2 villas. 24-hr security, gardens with water features, access to beach, heated pool, Jacuzzi, playground, tennis & paddle courts and gym.

Ref: 10435

Bedrooms: 2 Bathrooms: 2 Built: 147 m2 Terraces: 30 m2 Price: € 900,000

GOLDEN MILE

Unique beachfront residential development

Beautiful property in this prestigious complex, walking distance to the beach and Puente Romano. The contemporary-style complex offers 24-hr security, extensive communal gardens with outdoor pool, children’s pool, gym, steam rooms and indoor heated pool.

Map: p190, Nº54

info@panorama.es

www.panorama.es

+34 952 863 750

173

Beachfront apartment near Puerto Banús

Bedrooms: 2 Bathrooms: 2 Built: 165 m2 Terraces: 28 m2 Price: € 899,000

UNDER € 1 MILLION

PUERTO BANÚS

Ref: 11004

Bedrooms: 2-4 Bathrooms: 2-5 Built: 90-269 m2 Terrace: 40-171 m2 Price Range: € 565,000 – € 2,435,000

NUEVA ANDALUCíA

174

Spacious garden apartment with fabulous views to the sea in Ventura del Mar, a prestigious complex just a stone’s throw to Puerto Banús. 24-hr security, tropical gardens, games and relaxing area with gym, direct access to promenade and the beach.

info@panorama.es

Map: p192, between Nº24 and Nº25

Brand-new complex just above Puerto Banús Overlooking 3 golf courses and with sea views, the complex has over 50 apartments in 9 low density blocks on a hillside, including a clubhouse with 2 pools, spa and fitness area. A great opportunity to acquire a property in the Golf Valley.

Ref: 10355 Map: p192, Nº27

www.panorama.es

+34 952 863 750

Regulated by RICS

für Ihre besonderen und exklusiven Objekte.

Finden Sie eine Immobilie, in der Sie Ihre Vorstellungen vom perfekten Wohnen verwirklichen können. Wir bieten Ihnen besondere Immobilien der besten Immobilienmakler. www.bellevue.de Premium-Partner

powered by

Foto: Gira

bellevue.de – das Immobilien-Portal

Puerto Banús, Andalucía del Mar

Golden Mile, Sierra Blanca

Southwest-facing refurbished duplex penthouse in a beachfront complex with direct access to the beach and promenade.

The community offers 24-hr security.

A very special modern corner property, enjoying lots of privacy and partial sea views in Marbella’s best residential area. Complex has 24-hr security. Other units available.

Bedrooms: 3 Bathrooms: 3 Built: 125 m2 Terraces: 61 m2 Price: € 895,000

Bedrooms: 2 Bathrooms: 2 Built: 235 m2 Terraces: 31 m2 Price: € 875,000

UNDER € 1 MILLION

Ref: 10329

Ref: 10569

Map: p191, Nº61

Marbella, Istán Road

Benahavís, Ronda Road

Beautiful villa, just 10-minutes’ drive to Puente Romano. Panoramic views to the sea, Gibraltar and Africa. Within a complex with 24-hr security.

Brand-new residential complex of 49 apartments set in beautiful gardens.

Panoramic sea & mountain views. 24-hr security, concierge, health club with spa.

Bedrooms: 4 incl. terraces

Beds: 2-4 Baths: 2.5-4.5 Built: 122-284 m2 Terraces: 49-185 m2 Price: € 599,000 - € 2,499,000

Ref: 8672

176

Map: p192, near Nº22

Bathrooms: 4 Plot: 1,250 m2

Built: 244 m2 Price: € 895,000

Map: p190, Nº24

info@panorama.es

www.panorama.es

Ref: 11002

+34 952 863 750

Map: p192, nearby Nº31 & Nº32

Regulated by RICS

We specialise in meeting each customer’s needs and our purpose is to look after your property in providing Property Management, Cleaning, Rental Assistance and Renovations.

PROPERTY MANAGEMENT

CLEANING

INDIVIDUAL SERVICES

Inspection Visits

Entry & Exit

Garden & Pool Maintenance

Meet & Greet

Residential

Car Rental & Taxi Service

Welcome Pack

Laundry Service

Utility Contracts

Key Holding

Office, Community & Construction

C.C. Diana, Local I-8, 29680 Estepona (+34) 952 880 280 info@tickpropertyservices.com

Local Taxes Legal & Financial Advisor

www.tickpropertyservices.com Tick Property Services tickpropertyservices

Sierra Blanca Country Club

Golden Mile, Imara

Beautiful villa with wonderful views in a gated complex with 24-hr security, less than 10 minutes’ drive to Puente Romano and Puerto Banús. Other units available.

Spacious first-floor apartment with partial sea views. Community with 24-hr security, beautiful gardens & pool. A quiet complex close to Marbella town.

Bedrooms: 4 Bathrooms: 3 Built incl. terraces: 281 m2 Plot: 458 m2 Price: € 695,000

Bedrooms: 2 Bathrooms: 2 Built: 167 m2 Terraces: 58 m2 Price: € 795,000

UNDER € 1 MILLION

Ref: 10554

Ref: 10907

Map: p191, Nº46

Marbella East, Lomas del Pozuelo

Sierra Blanca Country Club

Family home enjoying sea and mountain views. A 5-min. drive to the beach. Underfloor heating, solar panels, alarm system with video surveillance. Competitively priced.

Charming villa set in a gated complex surrounded by parkland, offering both tranquillity and 24-hour security. Southwest facing, it offers mountain & sea views.

Bedrooms: 3 Bathrooms: 3 Built: 345 m2 Terraces: 109 m2 Plot: 800 m2 Price: € 750,000

Bedrooms: 3 Plot: 573 m2

Ref: 8710

178

Map: p190, Nº24

Map: p193, above Fishing Port

info@panorama.es

www.panorama.es

Ref: 10700

+34 952 863 750

Bathrooms: 2 Built: 166 m2 Price: € 645,000 Map: p190, Nº24

Regulated by RICS

Spain’s leading independent mortgage broker

YOUR COSTA DEL SOL MORTGAGE ADVISER

As Spain’s leading mortgage broker, our clients benefit from: Fully Independent Advice We can offer you products from all the leading banks in Spain.

48-hour Response Rate We aim to issue a mortgage proposal within 48 hours of your initial enquiry.

Pre-Approval We can have your mortgage pre-approved before you commence your search for your dream home.

Preferential Terms This can provide significant savings over the life of your mortgage.

Quicker Processing Dedicated bank staff to review your mortgage. We have been operating in Spain since 2006 and our relationships with the leading banks in Spain provide you with an expedited approval process.

Money Back Guarantee Ask me about our money back guarantee.

For any mortgage related queries, please don’t hesitate to get in contact.

I look forward to helping others to make their dream of having a place in the sun a reality!

joyce@mortgagedirectsl.com | M +34 689 512 664 | T +34 963 156 011

UNDER € 1 MILLION

Las Adelfas, San Pedro

Condado de Sierra Blanca

South-facing ground-floor apartment in a highly sought-after beachfront community that offers extensive manicured gardens, two large pools and 24-hour security.

Elevated ground-floor apartment with private garden and sea views on the Golden Mile. 24-hour security and beautiful communal gardens with swimming pool.

Bedrooms: 2 Bathrooms: 2 Built: 108 m2 Terraces: 27 m2 Price: € 530,000

Bedrooms: 2 Bathrooms: 2 Built: 118 m2 Terraces: 40 m2 Plot: 38 m2 Price: € 475,000

Ref: 11001 Map: p192, Nº 34

Ref: 9615

Monte Paraíso Country Club

Golden Mile, Señorío de Marbella

Spacious first-floor apartment in a soughtafter complex on the Golden Mile, with 24-hr security and beautiful gardens with several pools. Lovely sea and pool views.

South-facing first-floor apartment, walking distance to the beach and Puente Romano.

Gardens, pools, paddle & tennis courts, bar and 24-hr security. Other units available.

Bedrooms: 2 Bathrooms: 2 Built: 180 m2 Terraces: 67 m2 Price: € 760,000

Bedrooms: 2 Bathrooms: 2 Built: 136 m2 Terraces: 36 m2 Price: € 450,000

Ref: 11062

180

Map: p191, Nº 44

info@panorama.es

www.panorama.es

Ref: 9541

+34 952 863 750

Map: p191, Nº43

Map: p190, Nº51

Regulated by RICS

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.

Blvd. Príncipe Alfonso Hohenlohe s/n, Hotel Marbella Club - OF. 7 y 8, 29602 Marbella Tel.: 952 76 89 76

www.cruz-conde.com

Nueva Andalucía, Los Belvederes

Golden Mile, Nagüeles

Ground-floor apartment with panoramic views to the sea and La Concha Mountain.

A community of 31 homes with heated pool, 24-hr security, 2 tennis courts, sauna & gym.

Renovated townhouse with private terrace and Jacuzzi, large basement (extra 134 m2) with entertainment area/cinema. Close to everything and a short drive to Marbella.

Bedrooms: 4 Bathrooms: 3 Built: 225 m2 Terraces: 112 m2 Price: € 695,000

Bedrooms: 4 Bathrooms: 4 Built: 134 m2 Terraces: 56 m2 Plot: 59 m2 Price: € 580,000

UNDER € 1 MILLION

Ref: 10901

Ref: 10817

Map: p191, Nº16

Marbella Club Golf Resort

Golden Mile, Lomas Pueblo

Stunning project of contemporary-style homes, in an elegant gated community with spectacular views in Benahavís. State-of-theart sporting facilities.

Charming townhouse in a village-style complex in Las Lomas del Marbella Club.

Pool and social club. A 10-min. walk to Puente Romano. Other units available.

Beds: 3-4 Baths: 2-3 Built: 103-224 m2 Plots: 50 m2 Terraces: 48-214 m2 Price: € 618,000 - € 730,000

Bedrooms: 3 Bathrooms: 3 Built: 138 m2 Terraces: 40 m2 Price: € 650,000

Ref: 9660

182

Map: p192, Nº27

Map: p192, Nº30

info@panorama.es

www.panorama.es

Ref: 7134

+34 952 863 750

Map: p190, Nº63

Regulated by RICS

Golden Mile, Monte Paraíso

Next to Ojén town

Ground floor apartment in a 5-star complex.

24-hr security, outdoor heated pool, indoor pool, gym & gardens. Close to amenities, 10min. walk to the beach. Other units available.

Brand-new luxurious modern apartments distributed over 50 acres of land in a protected green area. Highest qualities throughout. Other units available.

Bedrooms: 2 Bathrooms: 2 Built: 129 m2 Terraces: 40 m2 Price: € 645,000

Beds: 2-3 Baths: 2-2.5 Built: 116-201 m2 Terraces: 32-237 m2 Price: € 435,000 - € 1,415,000

Ref: 7942

Map: p190, Nº52

Ref: 9466

Modern apartment refurbished to top specifications in Las Lomas del Marbella Club.

Complex of 50 homes with restaurant, gardens, 3 pools & 24-hr security. Other units available.

Bedrooms: 2 Bathrooms: 2 Built: 135 m2 Terraces: 67 m2 Price: € 499,000 Ref: 10639

UNDER € 1 MILLION

Golden Mile, Ancón Sierra

Map: p193, next to Nº49

“Don’t miss the opportunity of visiting the properties of this selection. Each of them are special, maybe for its location, qualities, charm or views.”

Alfonso Muñoz, Assistant Sales Director

Map: p190 , Nº26

Regulated by RICS

info@panorama.es

www.panorama.es

+34 952 863 750

183

Rentals Department Handpicked luxury villas, apartments and townhouses in incredible locations, for both long & 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.

RENTALS

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, Italian and Dutch.

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.

GOLDEN MILE

Ref: 01602

Map: p191, Nº31 Marina Mariola Type of Rental: Long term and holiday rent Beds: 3 Baths: 3 Built: 170 m2 Terraces: 40 m2 Price: € 5,000 – 7,000 p/w – €4,500 p/m Beachfront duplex penthouse with stunning views to the sea, Africa and the mountains.

Refurbished to high standards, in a prime location with direct access to the promenade.

184

info@panorama.es

www.panorama.es

+34 952 863 750

Regulated by RICS

NUEVA ANDALUCÍA

Ref: 00512

Map: p192, north of Nº26 Altos del Rodeo Type of Rental: Short term Beds: 4 Baths: 4 Built: 394 m2 Plot: 4,000 m2 Price: € 5,000 – € 7,500 p/w Beautiful colonial-style villa set in expansive tropical gardens with pond and party hut with full kitchen and barbecue for the perfect holidays. Close to Puerto Banús. Also for sale.

MARBELLA EAST

Ref: 00181

Map: p193, Nº48 Elviria

RENTALS

Type of Rental: Long term Beds: 5 Baths: 5 Built: 431 m2 | Terraces: 80 m2 Plot: 1,160 m2 Price: € 5,500 p/m Beautiful exotic villa with a cortijo-style entry patio in a quiet cul-de-sac of Elviria surrounded by nature and with a large garden and pool area.

GOLDEN MILE

Ref: 01657

Map: p191, Nº44 Monte Paraíso Country Club Type of Rental: Long term Beds: 4 Baths: 4 Built incl. terraces: 240 m2 Price: € 5,500 p/m Elegantly furnished apartment in a luxury gated community on the Golden Mile. 24-hour security, gym, sauna and indoor pools. An exceptional property in one of the best areas!

Regulated by RICS

info@panorama.es

www.panorama.es

+34 952 863 750

185

GOLDEN MILE

Ref: 1066

Map: p190, Nº36 Marina Puente Romano Type of Rental: Short term Beds: 3 Baths: 2 Built: 180 m2 Price: € 3,500 – € 5,500 p/w A magnificent second-floor, south-facing beachside apartment next to the exclusive 5–star Puente Romano hotel on the Golden Mile.

PUERTO BANÚS

Ref: 01683

Map: p192, Puerto Banús

RENTALS

Type of Rental: Long term/holiday rent Beds: 2 Baths: 2 Built: 120 m2 Price long term: € 2,500 p/m Price holiday: € 3,000 p/w Spacious beachfront apartment in the heart of Puerto Banús. This unique property is available for long term or holiday rentals.

Exciting lifestyle and vibrant atmosphere.

MARBELLA EAST

Ref: 01685

Map: p193, between Nº42 and Nº44 Los Monteros Type of Rental: Long term/holiday rent Beds: 3 Baths: 3 Built: 210 m2 Long term: € 3,500 p/m Holiday rent: € 2,500 p/w Beautifully furnished beachfront garden apartment in this peaceful and well maintained gated complex with 24-hr security and direct access to the beach.

186

info@panorama.es

www.panorama.es

+34 952 863 750

Regulated by RICS

GOLDEN MILE

Ref: 01427

Map: p191, Nº32 Alhambra del Mar Type of Rental: Short term Beds: 3 Baths: 2 Terraces: 30 m2 Built: 187 m2 Price: € 3,000 p/w Beautiful refurbished apartment in a beachside development next to Marbella centre.

Swimming pool, walking distance to the promenade and amenities.

GOLDEN MILE

Ref: 01682

Map: p190, Nº25 Las Lomas del Marbella Club

RENTALS

Type of Rental: Long term Beds: 3 Baths: 2 Built: 180 m2 Plot: 130 m2 Price: € 3,500 p/m Beautifully refurbished and very spacious elevated ground floor apartment in this wellknown building. Scandinavian style interiors, large terrace and brand new kitchen.

GOLDEN MILE

Ref: 01627

Map: p191, Nº35 Puente Romano Phase II Type of Rental: Short term Beds: 2 Baths: 2 Built: 150 m2 Terraces: 35 m2 Price: € 2,500 – € 3,500 p/w Delightfully refurbished penthouse overlooking the pool in the famous Puente Romano development with sea views. Easy access to the hotel and the beach. Private parking area.

Regulated by RICS

info@panorama.es

www.panorama.es

+34 952 863 750

187

GOLDEN MILE

Ref: 01681

Map: p190, Nº40 Playa Esmeralda Type of Rental: Long term Beds: 2 Baths: 2 Terraces: 65 m2 Built: 115 m2 Price: € 2,500 p/m Delightful elevated ground-floor apartment in this beachfront complex near Puerto Banús.

Huge west-facing terrace perfect for dining and enjoying the sea views.

GOLDEN MILE

Ref: 01483

Map: p190, Nº13

RENTALS

Sierra Blanca Type of Rental: Holiday rent Beds: 7 Baths: 6 Terraces: 250 m2 Built: 648 m2 Plot: 3,040 m2 Price: €15,000 - €30,000 p/w Luxury villa with spectacular views to the sea and mountains. This property seduces the senses from the moment you enter! Staff quarters & private parking for 5 cars.

GOLDEN MILE

Ref: 01463

Map: p190, Nº36 Marina Puente Romano Type of Rental: Holiday rent Beds: 3 Baths: 2 Built incl. terraces: 140 m2 Price: €5,000 – 7,500 p/w Immaculate fully renovated apartment on the first floor with partial sea and garden views in the most sought-after beachfront complex, next to the Puente Romano hotel.

188

info@panorama.es

www.panorama.es

+34 952 863 750

Regulated by RICS

Avda. Ramรณn y Cajal, 8. 29601, Marbella (Mรกlaga) +34 952 765 959

+34 609 567 040

mjose@grupoberrocal.com www.grupoberrocal.com

Overview of Golden Mile areas and complexes 24

23

21 22

27 53 26 64

55

52 25

56

51

63

54 57

41

40

1 Panorama, Hotel Puente Romano 2 Panorama, Opposite Marbella Club

3 4 5 6 7 8 9 10 190

Casablanca Santa Petronila Santa Margarita Marbella Club Las Torres Los Verdiales Puente Romano El Ancón

39

11 12 13 14 15 16 17 18 19 20 21 22

38

Cascada de Camoján La Quinta de Sierra Blanca Sierra Blanca Altos Reales A Altos Reales B Nagüeles La Carolina El Vicario Altos de Puente Romano Los Picos de Nagüeles Marbella Hill Club La Capellanía

37

10

36

23 24 25 26 27 28 29 30 31 32 33

Marbella Hill Club II Sierra Blanca Country Club Lomas del Marbella Club Ancón Sierra Village Las Lomas de Magna Marbella Mare Nostrum Gran Marbella Don Gonzalo Marina Mariola Alhambra del Mar Las Cañas

11

20 13

59

61

50

49

60

15

48

16

12

47

43

46 14

45 44

58 17

19

42 30

18

3

2 6

1 62

5

4

29

28

31

33

7

34

35

32

8

9

34 35 36 37 38 39 40 41 42 43 44 45

Puente Romano Puente Romano II Marina Puente Romano Terrazas de Puente Romano Oasis Club Port Oasis Playa Esmeralda Oasis de Banús Jardines del Príncipe Condado de Sierra Blanca Monte Paraíso Country Club Los Ceibos

46 47 48 49 50 51 52 53 54 55 56 57

Imara Monte Castillo Mansion Club Lagos de Sierra Blanca Reserva de Sierra Blanca Señorío de Marbella Monte Paraíso Ancón Sierra IV La Trinidad Lomas de Sierra Blanca Lomas de Sierra Blanca Río Verde Alto

58 59 60 61 62 63

La Virginia Hill Club Sierra Blanca Sierra Blanca del Mar Meisho Hills Villa Magna Lomas de Marbella Club Pueblo 64 Coto Real

191

Overview of Greater Marbella areas and complexes 32 31

30 29 27 28

26

24

25

23 20

22

17 16

21 19

13

14

18 15

Marbella West 41

37 40

36

39 38

35

1 Panorama, Hotel Puente Romano 2 Panorama, Opposite Marbella Club

Marbella Town & Golden Mile 3 Alhambra del Mar 4 Casablanca 5 Las Cañas 6 La Virginia 7 Mansion Club 8 Altos Reales 9 Cascada de Camoján

34

10 11 12 13 13 14 15 16 17 18 19

Marbella Sierra Blanca Marbella Hill Club Rocío de Nagüeles Lomas del Marbella Club El Ancon Sierra Monte Paraíso Marina Puente Romano La Trinidad (Istán Road) Lomas de Río Verde Oasis Club Playa Esmeralda

33

Puerto Banús 20 La Alzambra 21 Los Granados 22 Playas del Duque 23 El Embrujo Banús 24 El Embrujo Marbella 25 Malibú Nueva Andalucía 26 Aloha Golf 27 Los Naranjos Golf 28 Las Brisas Golf

MARBELLA IN NUMBERS | Official population 2018: 147,248 Real population incl. unregistered residents/tourists 2018 (est.): Winter 300,000 August 900,000 192

1

49

10

12

9

8

7

6 2 5

4

3

Marbella East 48

45

47

43 42

44

Benahavís 29 La Quinta Golf 30 Los Arqueros Golf 31 El Madroñal 32 La Zagaleta Marbella West 33 Cortijo Blanco 34 Linda Vista Baja 35 Guadalmina Baja & Golf 36 Guadalmina Alta & Golf 37 Valle del Sol

46

38 Casasola 39 Atalaya Park 40 El Presidente 41 Benamara Marbella East 42 Reserva de Los Monteros 43 Río Real & Golf 44 Bahía de Marbella 45 Altos de Marbella 45 Los Monteros Hill Club 45 Samara

46 Urb. Las Chapas 47 El Rosario 48 Elviria Inland Areas 49 Ojén 50 Istán

Area: 114.3 km2 | Length of Coastline: 27 km | Average days of sun per year: 320 Average annual temperature: 19 °C | Marinas: 3 | Golf Courses: 16 and nearby 24 more 193

RAT IN

G

A

YE

A

RS

LEB

LL

CE

IN M ARB

E

Regulated by RICS

3

Offices on Marbella’s Golden Mile at Puente Romano and opposite the Marbella Club hotel Tel. (+34) 952 863 750 info@panorama.es www.panorama.es MARBELLA’S LONGEST ESTABLISHED REAL ESTATE AGENCY