What 1 Million Euros Gets You in Marbella
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One million euros is a serious budget in Marbella. Here is what it looks like across different areas and property types on the Costa del Sol.
One million euros is a budget that opens up a significant part of the Marbella market. It is not the top of the market - on the Golden Mile or in Sierra Blanca, 1 million euros buys a good apartment but not a villa with a pool. But in most of the areas where people actually want to live on the Costa del Sol, a million euros gives you real options.
What 1M Buys in Different Areas
In Nueva Andalucia, one million euros will buy a generously sized townhouse or villa with a private pool, garden, and golf course access. Nueva Andalucia sits behind Puerto Banus and offers the Golden Mile lifestyle at a significant discount to the Golden Mile price. It is one of the best value areas for this budget.
In Benahavis, the same budget gets you a well-appointed villa in a secure urbanisation, often with mountain or golf views. Benahavis is increasingly popular with buyers who want privacy and space over beach proximity. In Estepona, 1 million euros goes further again. You can get a large villa with a pool and sea views in areas like El Paraiso or La Resina. Estepona has developed significantly and is one of the best-kept secrets on the Costa del Sol.
New Build vs Resale at This Price Point
At the 1 million euro level, the new build vs resale decision becomes interesting. New build at this price typically means a well-specified contemporary property in a quality development with community amenities. Resale at this price often means more space - more land, larger pool, more established garden. Which is right depends on what you are prioritising.
Who Is Buying at This Level
The 1 million euro buyer in Marbella typically takes the process seriously. They use independent lawyers, they understand the costs, and they take their time. If this is your budget, PlanMarbella.com gives you a structured plan for the full buying process - free to use, no agent involved until you choose to connect with one.
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Check if it's still free - PlanMarbella.comFrequently Asked Questions
What kind of property does 1 million euros buy in Marbella?
It depends on the area. On the Golden Mile, 1 million euros buys a quality apartment. In Nueva Andalucia or Benahavis, the same budget can get you a villa with a private pool. In Estepona, you may get a large villa with sea views.
Is 1 million euros a good budget for buying property in Marbella?
Yes. At this level you have access to a significant portion of the Marbella market, including areas like Nueva Andalucia, Benahavis, and Estepona that offer excellent quality at this price point.
What are the extra costs when buying a 1 million euro property in Marbella?
Expect to pay an additional 10 to 12 percent on top of the purchase price. On a 1 million euro property, that is approximately 100,000 to 120,000 euros in taxes and fees.
Is buying property in Marbella a good investment at 1 million euros?
The Marbella market at this price level has shown consistent growth. Properties in established areas with good rental potential have held and grown in value. However, buying should be led by lifestyle value, not speculation.