Once again, for another year, Marbella heads the list of the most expensive houses on sale in Spain. The Pisos.com property portal has just published this list, which is topped by a villa beside the sea in Los Monteros urbanisation in Marbella, available to potential purchasers for 25 million euros.
It is, however, in good company: another six luxury homes on or close to the Costa del Sol are in the ‘top ten’, while the remainder are in Barcelona, Madrid and the Balearic Islands.
With prices ranging between 6,000 and 22,000 euros per square metre, these properties have a series of features in common, although they are in different locations.
They are all more than 800 square metres in size (constructed area, so not including the gardens), on two or three floors, have more than five bedrooms, at least three bathrooms, garden, swimming pool, garage with room for several vehicles, high level security and are situated in the most prestigious residential developments.
Marbella, the leader
Marbella is the municipality with the most properties included in this ‘top ten’. There are four villas in luxury developments on or near the Golden Mile. The most expensive, mentioned above, is in Los Monteros and has 1,548 square metres of constructed area, is located front line to the beach and has eight bedrooms and 14 bathrooms.
The third place on the list is occupied by another Arabic-style villa in the Torrecilla-La Cañada urbanisation on the east side of Marbella, which is also set beside the sea. It has seven bedrooms and nine bathrooms and is on sale for 17 million euros.
Sierra Blanca is the location of the seventh most expensive home in Spain, with an asking price of 14.95 million euros, and eighth on the list is a villa in San Pedro Alcántara with 12 bedrooms and 12 bathrooms, on sale for 14.4 million.
Benahavís and Ronda
Benahavís, or rather the luxurious La Zagaleta urbanisation, has two houses on the Pisos.com list: one is in second place, costing 17.5 million euros, and the other tenth at 13.5 million.
All these properties are on or close to the coast, but there is one exception and that is in Ronda, a rural estate in fifth position on the ‘top ten’ list, priced at 16.4 million euros.
“These rankings are an interesting way to analyse how prices reflect the market, and so are other indicators like numbers of properties sold. The market in this country is advancing at two speeds. Unsurprisingly, there is a strong demand in major cities and tourist areas, where prices are influenced by the high purchasing power of foreign buyers and investors with an interest in these regions,” explains Ferran Font, director of studies at Pisos.com.
The portal also shows the most expensive property for sale in each of Spain’s 50 provinces, with Cadiz, Castellón, Cordoba, Girona, Guipúzcoa, Seville, Toledo and Valencia in high positions, and Zamora, Soria, Ourense and Jaén at the bottom of the list with maximum prices below one million euros.