Marbella Golden Mile is one of the most prestigious and sought-after residential areas in Spain, particularly in the Costa del Sol region.
Marbella Golden Mile is a stretch of approximately four miles (6.4 kilometers) of coastline located to the west of Marbella town center along the Mediterranean coast.
Marbella has beautiful beaches, many of which have been awarded the Blue Flag for cleanliness and amenities: Playa Nagüeles, Playa Cabopino, Playa de Alicate, Playa de Río Real, Nikki Beach, Playa Fontanilla, Playa de Bounty, as well as picturesque coves.
It’s not for nothing that Marbella Golden Mile has such a pretentious name: it is famous for its expensive and upscale real estate, premium amenities in gated residential complexes and, of course, simply stunning sea views.
It is not surprising that in such a place there are many luxury villas, spacious modern apartments, highly rated hotels and resort places.
How to get Marbella Golden Mile from Malaga Airport?
There are several transportation options to get Marbella Golden Mile from Malaga Airport:
- Public Transportation. There is a direct bus service (Line A Express) from Malaga Airport to Marbella Bus Station. From the bus station, you can take a taxi or local transport to reach your chosen direction on the Golden Mile.
- Rental Car. You can rent a car at the airport and drive to Marbella. The journey takes approximately 45 minutes to an hour, depending on traffic. Follow the signs for the AP-7 or A-7 highway towards Marbella.
- Taxi. Taxis are readily available at the airport. A taxi ride to Marbella’s Golden Mile is convenient but can be relatively expensive regarding other options.
- Private Transfer. You can arrange for a private transfer service in advance to pick you up at the airport and take you directly to your destination in Marbella.
How and When did Marbella Golden Mile Appear?
The Golden Mile’s development began in the 1950s when Prince Alfonso von Hohenlohe-Langenburg, a German aristocrat and visionary, not devoid of the spirit of adventure, decided to turn this area into a glamorous destination for the rich and famous.
In 1954, Alfonso founded a magnificent hotel and private residence – the Marbella Club, which became a real center of attraction not only for local celebrities, but also for representatives of the international elite.
From the mid-1980s to 2000, the hotel underwent a major renovation and its area was expanded, and the infrastructure and interiors were improved.
The magnificent Marbella Club features 121 bedrooms and suites and 16 Andalusian-style villas set in 42,000 square meters (10 acres) of gardens. There are a total of 132 guest rooms in the hotel. There is also a private stable for hotel guests to visit.
An important event was in 1999, when the club built its own private 18-hole golf course, designed by the famous English architect Dave Thomas.
Currently, the hotel has its own club, which is headed by a professional player of the club and the Professional Golfers’ Association (PGA) of Great Britain – Gary Vautier. He has an impressive experience of teaching all aspects of this recognized «millionaire’s game» to all skill levels and is available to answer newcomers’ questions several times a week upon request.
Those wishing to become members of the prestigious Marbella Club will first need to complete a three-year training program, which has been a nationally recognized qualification since 2003 – a basic degree in professional golf.
Marbella Club Hotel
- Address: Av. Bulevar Príncipe Alfonso de Hohenlohe, s/n, 29602 Marbella, Malaga
- Website: https://www.marbellaclub.com/
- Phone: +34 952 822 211
What are the Benefits of Marbella’s Golden Mile?
Prime Location: The Golden Mile is located just west of Marbella town center, making it convenient for residents to access the town’s amenities, restaurants, and shops.
- Beachfront Living: Many properties in this area offer direct access to some of the best beaches in Marbella.
- Luxury Lifestyle: The Golden Mile is synonymous with a high-end lifestyle, with numerous exclusive clubs, restaurants, boutiques and hotels nearby.
- Scenic Views: The area provides breathtaking views of the Mediterranean Sea and the Sierra Blanca mountains.
- Security: Many gated communities in the Golden Mile offer enhanced security and privacy.
Who Chooses Marbella Golden Mile and Why:
Celebrities, business tycoons, and affluent individuals from around the world are drawn to the Golden Mile for its exclusivity and luxurious living.
The area appeals to those seeking a combination of natural beauty, upscale amenities, and a Mediterranean lifestyle.
Residents often appreciate the proximity to Marbella’s vibrant nightlife, golf courses, and world-class dining.
Of course, property ownership can be changed and transferred, but here are a few notable celebrities who have been associated with Marbella Golden Mile:
- Antonio Banderas: The Spanish actor, known for his roles in films like «Desperado» and «The Mask of Zorro», owns a property in this area of Marbella.
- Simon Cowell: The music producer and former «American Idol» judge is known to have owned a luxurious villa here in the past.
- Eva Longoria: The «Desperate Housewives» actress has been spotted vacationing in Marbella and is rumored to have considered purchasing property in this area.
- George Clooney: Although not confirmed, there have been reports of George Clooney considering the purchase of a property on the Costa del Sol, which includes the area of the Golden Mile.
- Michelle Obama: The former First Lady of the United States and her family have been known to vacation in this area of Marbella, although ownership of a property remains unconfirmed due to the high level of confidentiality of this person.
Properties and Prices in Marbella Golden Mile in 2023
Properties on the Golden Mile vary widely, ranging from opulent villas with private gardens and pools to high-end apartments and penthouses.
The cost of buying property in Marbella Golden Mile in 2023 can differ significantly depending on several factors, including the type of property, its size, location within the Golden Mile, and its level of luxury and amenities. Here are some approximate price ranges for different types of properties:
Apartments in Marbella Golden Mile
Apartments in the Golden Mile can range from around €400,000 to several million euros.
Smaller, non-beachfront apartments may be on the lower end of this range, while larger, beachfront or penthouse apartments in luxury developments can command much higher prices.
Villas and Townhouses in Marbella Golden Mile
Luxury villas and townhouses in the Golden Mile can range from several million euros to tens of millions of euros.
As with apartments, factors such as property size, location, and amenities playing a significant role in determining the price.
Beachfront Properties in Marbella Golden Mile
Beachfront properties in the Golden Mile are among the most coveted and expensive. Prices for beachfront villas and apartments can start at several million euros and go up substantially, depending on the property’s characteristics and features.
Gated Urbanizations in Marbella Golden Mile
Many gated complexes within the Golden Mile offer added security and amenities. Prices for properties within these communities can vary widely but are generally on the higher side of the spectrum.
New Developments in Marbella Golden Mile
New luxury developments and off-plan projects may have different price categories, but they also have something in common: high technology, environmental friendliness and modern, laconic design.
Historic and Renovated Properties in Marbella Golden Mile
Some properties on the Golden Mile are historically significant or once belonged to famous people. Such housing is carefully restored, trying to preserve the spirit of a bygone historical period or convey the special atmosphere of the home of a famous person, in order to offer a unique property whose value can be millions of euros.
In August 2023, according to the portal idealista.com, the average cost of housing in the Golden Mile area – Nagüeles – Milla de Oro was 5,587 €/m2. For comparison, there are 4,141 €/m2 (Barcelona), 4,015 €/m2 (Madrid), 2,278 €/m2 (Valencia), 1,820 €/m2 (Alicante).
The fact that real estate located in the Golden Mile of Marbella has a high investment attractiveness is indicated by the following figures: + 2.7% increase in the cost of housing per m2 in just one month and + 14.9% increase over the year.
Our real estate agency Alegria has a large number of housing offers in Spain, including Marbella and the Golden Mile area. If you want to get a better offer, please contact our specialists or find your option in our real estate catalog.