This beautiful region of Spain creates an axis between Europe and Africa as well as being the place where the Atlantic Ocean meets the Mediterranean Sea. We explore some of its latest developments and most scenic properties.
There are so many amazing aspects of Andalusia that make it a fascinating place to visit time and time again. For example, the region is even larger than many countries such as Austria, Switzerland, Belgium and Denmark. This enables it to offer a wide range of different landscapes and environments from Alpine mountainscapes to the tropical shores of the Mediterranean. Andalusia’s coast alone extends to almost 900 kilometres and features a host of interesting towns and cites as well as glorious beaches. Lucas Fox’s Marbella director, Stephen Lahiri, says,
“Currently most of our clients are from Scandinavia, Belgium and other Northern European countries looking for holiday homes in Marbella. They tend to prefer new-build modern design apartments, as close to the beach and facilities as possible and ideally with some kind of sea or at least open views. “They are open to different areas along the Costa del Sol and increasingly are opting for the likes of Benahavis, Estepona or Mijas Costa. Most buyers are younger business or professional people with families. Certainly they are younger and more international that the traditional British retirees of yesteryear who you used to make up the majority of the buyers.”
Mr Lahiri reports that Lucas Fox is finding that its clients are becoming increasingly discerning in their property search.
“In the last few years,”
he says,
“we’ve seen confidence returning to the Marbella market and price growth has moved into positive territory with increasing demand for modern villas in prime locations offering spectacular views. “What we are seeing is effectively a two-speed recovery in the property market. As prices continue to consolidate in inland areas of Spain, sought-after locations such as the Costa del Sol, Barcelona, Madrid and the Balearics are seeing price rises. Brexit has obviously had an impact on British buying habits on the Costa Del Sol especially at the lower end of the market, but we continue to see increasing numbers of Scandinavian and Benelux buyers. At the same time there has also been a significant increase in the numbers of projects and new properties being built over the last three years.”
Figures from the Spanish property portal Idealista suggest that the country’s property prices went up by nearly six per cent year-on-year to June 2016. In recent months it reports that property prices on some re-sale properties and in a few of the established areas have taken a slight downward adjustment, leaving sellers now more open to negotiation. However, there are a lot of new, off-plan projects available which appear to be selling very well. Over the next two years, Idealista expects an increasing number of new projects coming on to the market with the fringe areas outside Marbella starting to attract more buyers. This will provide increasing competition for Marbella and so prices are expected to stabilise, while prime areas such as the Golden Mile, Sierra Blanca and La Zagaleta will continue to command a premium.
Benahavis, Malaga
Superb four-bedroom villa just 10 minutes’ drive from the beach and Puerto Banus. It has beautiful views over the surrounding mountains and offers direct access to its garden and swimming pool area. On the ground floor there is a spacious living room, fully fitted kitchen with Bulthaup appliances, a dining area and guest bedroom suite. The master bedroom suite and two guest bedroom suites are situated on the first floor.
£1.428m / €1.495m / $1.586m
Home Hunts
www.home-hunts.com
Santa Monica, Benalmadena, Costa del Sol
This exclusive, low-density development will consist of signature villas that blend modern design with Mediterranean flair and eco-friendly processes. The four-bedroom, four bathroom villa featured here will offer bright and airy living spaces, high ceilings and slick finishings throughout. Built on a 2,000m² plot, the three-storey property will include a home cinema, sauna, covered and uncovered terraces, a three-car garage, swimming pool and stunning views of the surrounding area and coastline.
£1.79m / €2.1m / $2.22m
Domus Invest
www.domusvenari.com
Anamaya Villas, Nueva Andalucia, Marbella
The design principle for Anamaya Villas is being at one with nature, complementing the needs of the changing seasons while making the most of the Marbellan micro-climate. Every outlook from the living areas and principal bedrooms has been thoughtfully designed to maximise the best views over the landscaped grounds or across the iconic La Concha mountain and the Mediterranean. Each villa has its own private entrance and driveway, with underground parking for two cars. The properties span between 550-600m² on a split-level formation, with over 1,000m² of grounds per home. This includes shaded verandas, gardens and a private swimming pool.
From £1.9m / €2.25m / $2.39m
Lucas Fox
www.lucasfox.com
Sierra Blanca, Marbella
Brand new, six-bedroom villa with breathtaking sea and mountain views on a landscaped plot of around 3,120m². Featuring stunning contemporary architecture, it has been built to the highest specifications throughout with all rooms orientated towards the Mediterranean Sea. There is travertine marble flooring inside the home and on terraces and outside porches as well as lining the bathroom walls.
£8.9m / €10m / $10.9m
Home Hunts
www.home-hunts.com
La Zagaleta Country Estate, Near Marbella
Six-bedroom, seven bathroom villa on a directly south-facing plot of 4,000m², giving most rooms stunning panoramic views of the Mediterranean and Africa. The build quality and standard of the finishes is one of the highest on the estate, reflecting the property’s exclusivity. Features include a huge state-of-the-art kitchen, high ceilings throughout, enormous floor-to-ceiling windows and the highest quality marble pieces and bathroom fittings. The property also includes an outdoor pool with fibre optic lighting, a glass lift and a spa area with indoor heated pool and sea views, a jacuzzi, sauna, Turkish bath, cold pool and relaxation area. A complete entertainment area with a cinema, gym and multipurpose room, a separate staff area and an additional guesthouse complete the property’s extensive amenities.
£14.2m / €16m / $17.4m
Lucas Fox
www.lucasfox.com
