The luxury property market in Marbella is riding high on strong demand for the lifestyle and properties it offers. The areas most in vogue are the evergreen classics such as the Golden Mile and Nueva Andalucía, where the demand for quality contemporary homes – in particular villas – currently outstrips supply.
In recent times, buyers have above all wanted key-ready properties that are decorated and ready to enjoy, but the shortage of these after a summer of buying has caused many to now focus on off-plan projects, with delivery times of between six and 18 months. The advantage of this is that in many cases they are still in time to customise the house under construction and make changes to detail, materials and finishing/specs.
Renewed focus on La Zagaleta
As the emphasis has moved gradually from apartments to modern villas – a result of the shift also from holiday homes to second prime residences where increasingly young affluent families spend extended periods of time – other residential areas have increasingly come (back) into prominence. This is very true of La Zagaleta, which is enjoying its best period in years, with the demand for its security, space, privacy, services and spacious villas riding high.
The country chic properties of nearby El Madroñal are also enjoying a revival, but it is La Zagaleta that is making the headlines with an impressive series of transactions in the €10-€30 million price range last year. These modern mansions are creating a new super-luxury category of real estate in Marbella, though there are of course also villas for sale below €10 million in La Zagaleta, and these too are in hot demand. What today’s buyers in the upper segment like so much about this renowned country club is its beautiful setting.
Set in the hills above Marbella – just ten minutes from the beach – La Zagaleta offers gated security, lots of space, open views and gorgeous nature, complete with two private resident-only golf courses, a stylish country club and restaurant, an organic produce shop, a professional horse-riding centre and a personalised concierge service that makes life as easy as possible. Right now, this mix of ingredients is making La Zagaleta one of the hottest luxury residential hot spots in Marbella.
Contact Marbella Hills Homes if you would like to know more about our beautiful villas for sale in La Zagaleta and other prime Marbella areas.
