Last updated on March 25th, 2020 at 05:59 pm.
The Golden Mile, Marbella, is one of Spain’s most glamorous residential areas. Lying to the west of the beautiful Andalusian resort, this strip of exclusive apartments, homes, shops and restaurants stretches west from Puerto Banus to the eastern edge of Marbella city centre. The Golden Mile has attracted the rich and famous since the 1950s when Spanish Royal and business tycoon Prince Alfonso von Hohenlohe opened the Marbella Club Hotel. Today, the resort continues to attract the great and the good.
Marbella, in general, continues to be a popular choice for people thinking of emigrating to Spain. With beautiful weather, gorgeous Mediterranean architecture and excellent cuisine, it’s no wonder that Marbella’s popularity endures. If you’re thinking of joining the exclusive club of Golden Mile property owners, then it helps to get to know the area in a little more detail. In this article, we describe the different areas to help you choose where to invest in this luxury enclave.
The key areas of the Golden Mile, Marbella
The East End
The eastern end of the Golden Mile between El Ancón and the city centre is the historic end of the strip. The most prestigious and well-established 5-star hotels are situated here, including the legendary Marbella Club. These hotels have exquisite landscaping and excellent facilities, including private beach clubs and tennis courts. It’s also along this portion of the Golden Mile that you’ll find some of Marbella’s best cuisine. Michelin-star chef Dani García has two restaurants here, both housed in the Puente Romano hotel.
The property in this part of the Golden Mile mostly consists of luxury apartment complexes built in the pueblo style. The sloping land means that most of the properties enjoy ocean views or stunning vistas of the Sierra Blanca mountain range. The eastern end of the Golden Mile is also where most new development is going on, with ultra-luxe modern villas popping up a little further into the hills.
The West End
The western end is the party section of Golden Mile, with many of Marbella’s most glamorous and exclusive beach bars. Two particularly famous establishments are Victor’s Beach and Olivia Valere’s nightclub, which have been Marbella institutions for several years now. However, this section isn’t only party central; there are also two universities, including the American College of Marbella.
In terms of property, this area is home to several new luxury developments. Many of these are in the Rio Verde neighbourhood, which is a highly desirable zone of chic condos and villas. Another option is El Oasis, which incorporates a luxury shopping centre amongst the apartment complexes.
For those that might want to invest somewhere a little quieter, searching for property a little set back from the coast is a good idea. Further inland towards the Sierra Blanca are several more exclusive developments. For instance, set in the foothills of Marbella’s iconic La Concha mountain is Hacienda Nagueles, which is an exclusive collection of villas, apartments and townhouses. The area also includes several more stand-alone, super-contemporary deluxe villas that boast incredible views of the mountains.
Investing in Marbella
Marbella has always been a favourite for people looking to move to Spain. The Golden Mile is the city’s most glamorous and exclusive area, so if you’re looking to make an investment, this part of Marbella is a good place to put your money. With so many beautifully designed properties close to high-end amenities, the Golden Mile Marbella is an amazing place to own a property. If you’re thinking about buying a property in Marbella, don’t hesitate to get in touch with our expert team. We can guide you through every aspect of purchasing a property in Spain, from securing finance to exchanging contracts. Contact us today for more information – we speak your language.