What 400k Actually Buys in Marbella Right Now

People ask me this all the time when they find out we bought on the Costa del Sol. "What can we actually get for our budget?" It is a fair question and the honest answer varies a lot depending on which area you are looking at. Here is a grounded picture of what 400,000 euros looks like in different parts of the Marbella area right now.

In Marbella Town and the Golden Mile

At 400,000 euros in Marbella town or along the Golden Mile, you are typically looking at a two-bedroom apartment in a well-maintained urbanisation with community pool, gardens and parking. New development at this price point in the Golden Mile is largely not available. Resale is where 400,000 euros works in Marbella town. What you get: two bedrooms, around 80 to 100 square metres of living space, community pool and garden, underground parking, and often a decent terrace. Probably not sea views at this price unless you are looking at something older and further from the beach.

In Nueva Andalucia and San Pedro de Alcantara

This is where 400,000 euros starts to show more variety. Nueva Andalucia, just behind Puerto Banus, offers good value for families: larger properties, quieter streets, and golf course proximity. At 400,000 euros here you might find a three-bedroom townhouse with private garden, or a spacious two-bedroom apartment with mountain views. San Pedro de Alcantara is increasingly popular with families and buyers looking for a more authentic Spanish feel.

In Estepona

Estepona has changed significantly in the last five years. The old town has been beautifully restored and a major new development area has emerged to the east of the town centre. At 400,000 euros in Estepona, you are a competitive buyer: a two to three bedroom apartment in a quality new development, or a larger resale with private pool if you go slightly inland.

In Mijas and La Cala de Mijas

Mijas Costa and La Cala de Mijas offer some of the best value on the Costa del Sol at this price point. The beaches are excellent, the infrastructure has improved substantially, and the area has seen consistent interest from Northern European buyers. At 400,000 euros you are a strong buyer here: a well-positioned apartment with sea views, a three-bedroom townhouse with community pool, or in some cases a semi-detached villa with a private garden.

What to Budget Beyond the Purchase Price

Whichever area you choose, budget 10 to 14 per cent on top of the purchase price for taxes and fees. On a 400,000 euro property, that is 40,000 to 56,000 euros in additional costs. Factor this in from the beginning. PlanMarbella.com walks you through the complete cost structure in your free buying plan so your total budget is clear before you start viewing seriously.