What are the average property prices in Nueva Andalucia?

Updated: 15 December 2025

The average property prices in Nueva Andalucia continue to draw strong buyer interest, and the area consistently ranks as one of Marbella’s top property destinations due to its prime location, modern amenities, and lifestyle appeal. Many buyers evaluating the market also compare the area with the best areas to buy property in Marbella. The area lies just inland from Puerto Banús, offering easy access to golf courses, international schools, and luxury dining.

This combination of convenience and exclusivity has pushed demand steadily upward.
“Nueva Andalucia is Marbella’s Golf Valley, blending lifestyle with long-term value,” according to Quintessentia Property Advisors.

What are the current average property prices in Nueva Andalucia?

The average price per square meter in Nueva Andalucia currently sits between €4,200 and €5,500, depending on property type and proximity to golf courses or Puerto Banús. Villas often exceed €2.5M, while apartments start closer to €400,000. These figures remain higher than Marbella East but below the ultra-prime Golden Mile. Prospective buyers often compare these figures with the average property prices in Estepona when exploring multiple locations. The market’s stability makes it a reliable investment zone, attracting both families and international buyers.

Property Type	Average Price (€)	Price per m² (€)	Typical Size (m²)
2-Bed Apartment	450,000	4,300	105
3-Bed Apartment	650,000	4,500	145
Townhouse	950,000	4,700	200
Detached Villa	2,500,000	5,300	420

How do prices in Nueva Andalucia compare with Marbella and Estepona?

Nueva Andalucia is more affordable than the Golden Mile but more expensive than Estepona. Marbella’s Golden Mile averages €7,000 per m², while Estepona’s town center is closer to €3,200 per m²—helping buyers evaluate what are the best areas to live in Estepona when comparing lifestyle and budget. This places Nueva Andalucia firmly in the mid-to-upper segment.

Location	Avg. Price per m² (€)	Typical 3-Bed Apartment (€)	Villa (€)
Estepona	3,200	500,000	1,500,000
Nueva Andalucia	4,500	650,000	2,500,000
Marbella Golden Mile	7,000	1,200,000	5,500,000

“Prices in Nueva Andalucia reflect its balanced appeal: luxury lifestyle without Golden Mile extremes,” notes Marbella Property Network.

Are prices in Nueva Andalucia rising or stabilizing in 2025?

As of September 2025, average property prices in Nueva Andalucia are rising moderately, averaging 4–6% annual growth. This trend aligns with broader trends in southern Spain real estate market. Demand remains high due to limited supply, international interest, and ongoing infrastructure upgrades. Compared to 2022 levels, average prices are up nearly 15%, yet below speculative peaks.

What factors influence property pricing in Nueva Andalucia?

Four main factors drive prices in Nueva Andalucia:

1. Proximity to Golf Courses – homes near the best golf courses located in Nueva Andalucia  command strong premiums.
2. Distance to Puerto Banús – The closer to the marina, the higher the price.
3. Property Condition – Newly renovated homes average €800–1,200 more per m².
4. View Quality – Sea views raise prices by 15–30% over mountain-only views.

Together, these elements create a tiered market. For example, a renovated villa with panoramic views can cost double a similar-sized older property lacking them.

Is Nueva Andalucia attractive for rental investment?

Yes, rental demand is robust, with yields averaging 4–6% annually. Investors often compare NUE rentals with the rental yields for properties in Nueva Andalucia to assess potential ROI. Short-term rentals dominate due to golf tourism and proximity to Puerto Banús nightlife. Nueva Andalucia closely to assess potential returns.

How does property taxation compare between Marbella and Estepona?

Property taxes are moderate but vary between municipalities. Marbella charges slightly higher rates than Estepona. Buyers also research local taxes and fees associated with property ownership in Nueva Andalucia when budgeting for long-term ownership.

Municipality	Annual IBI Tax (per €1M property)	Plusvalía (capital gains tax)	Average Garbage Tax (€)
Estepona	€1,100	20–25%	€150
Marbella (Nueva Andalucia)	€1,450	22–27%	€180

This means a villa owner in Nueva Andalucia pays around €350 more annually in IBI compared to Estepona. However, many buyers consider the premium justified for Marbella’s prestige and services.

What types of buyers dominate the Nueva Andalucia market?

The buyer pool is diverse, with 60% international purchasers. Families often compare lifestyle differences using resources like what are the benefits of living in Nueva Andalucia compared to Marbella?.

Scandinavian demand remains particularly strong.

What are the hidden costs of buying property in Nueva Andalucia?

Buyers should budget 10–12% extra for acquisition costs. Many also review the steps involved in purchasing real estate in Spain to understand obligations before buying.

How do property sizes differ between apartments and villas?

Apartments average 100–160 m², townhouses 200–250 m², and villas 350–600 m². Larger luxury villas also appeal to buyers researching luxury properties for sale in Spain.

Are financing options available for foreign buyers in Nueva Andalucia?

Yes, Spanish banks offer mortgages to residents and non-residents. This topic often overlaps with questions such as can I get a mortgage in Spain as a non-resident? and how can I get a mortgage for a property in Marbella?.

How does Nueva Andalucia’s future development affect pricing?

Limited land supply keeps values stable. Buyers frequently explore new developments or off-plan properties in Nueva Andalucia as part of their long-term planning.

What is the resale potential of Nueva Andalucia homes?

Resale value is strong, especially for renovated homes with sea views or golf frontage. This insight often comes up in conversations about the Nueva Andalucia real estate market.

Apartments in prime gated complexes resell quickly.

FAQ

Is Nueva Andalucia more expensive than San Pedro de Alcántara?
Yes, by about 30–40% on average. San Pedro offers more affordable housing, but Nueva Andalucia’s location and prestige command higher values.

Do properties in Nueva Andalucia come with community fees?
Most apartments and townhouses do, ranging from €150–400/month. Villas on independent plots often avoid such fees.

What is the average time on the market for homes in Nueva Andalucia?
Typically 4–7 months, faster than Estepona but slower than prime Golden Mile sales. Renovated homes sell quickest.

Can foreign buyers easily purchase property in Nueva Andalucia?
Yes, and many begin by researching the legal requirements for buying property in Nueva Andalucia.

How much do renovations add to property value?
Quality renovations can increase value by 20–25%, especially if modernizing older 1980s–1990s villas.