Updated: 2 October 2025
Nueva Andalucia is one of Marbella’s most desirable residential areas, known for its golf valley, luxury villas, and close proximity to Puerto Banús. Buyers are drawn to its high-end lifestyle, strong rental demand, and international community.
According to Quintessentia Property Advisors, property values in Nueva Andalucia have risen steadily at 5–7% annually since 2020.
The area’s popularity comes from its unique mix: golf courses, mountain views, and easy access to both Marbella town and the nightlife of Puerto Banús. This balance makes it ideal for both families and investors looking for steady appreciation.
“Nueva Andalucia combines lifestyle appeal with long-term value, making it one of Marbella’s safest real estate bets.”
How do current prices in Nueva Andalucia compare to other Marbella areas?
Property prices in Nueva Andalucia average €5,500–€7,200 per m², slightly lower than Marbella Golden Mile (€7,500–€10,000 per m²) but higher than Estepona (€3,800–€4,800 per m²). Villas in prime golf-front positions often exceed €4 million, while apartments average €450,000–€850,000.
Buyers gain more space and privacy than the Golden Mile but still remain close to the coast. This balance makes Nueva Andalucia a “value luxury” market compared to Marbella’s more expensive districts.
| Area | Avg. Price per m² | Typical 3-Bed Apartment | Typical Villa Price |
| Nueva Andalucia | €5,500–€7,200 | €650,000–€850,000 | €2.5M–€4M+ |
| Marbella Golden Mile | €7,500–€10,000 | €1M–€1.5M | €3.5M–€10M |
| Estepona | €3,800–€4,800 | €400,000–€600,000 | €1.2M–€2.5M |
“Nueva Andalucia offers prime luxury at a more accessible price point than the Golden Mile.”
What types of properties are most in demand right now?
The strongest demand is for modern villas with golf or sea views, followed by renovated apartments in gated communities. Buyers prefer open-plan layouts, energy efficiency, and turnkey finishes.
According to recent market reports, villas under €3 million sell faster than those above €5 million, while renovated apartments with good rental potential are seeing competitive bidding. Buyers prioritize lifestyle features such as pools, terraces, and security services.
Are international buyers driving the Nueva Andalucia market?
Yes, international buyers make up more than 85% of property purchases in Nueva Andalucia. The majority come from the UK, Scandinavia, Belgium, and the Netherlands. Many see Marbella as a safe haven investment, particularly post-Brexit and amid northern Europe’s high taxation.
Real estate agencies report a strong increase in digital-first buyers—those who view and secure properties through virtual tours before arriving. This shift has further boosted demand and shortened time on the market for top properties.
“International buyers dominate Nueva Andalucia, securing villas and apartments as lifestyle investments.”
How does the rental yield in Nueva Andalucia compare to Marbella’s Golden Mile?
Rental yields in Nueva Andalucia average 4.5–6% annually, slightly higher than the Golden Mile’s 3.5–4.5%. This is because properties are more affordable to acquire yet command strong rental demand from golfers, digital nomads, and holidaymakers.
Seasonal rentals are particularly profitable, with luxury villas generating €5,000–€15,000 per week in peak summer months. Long-term rentals also perform well, thanks to international schools and expat demand.
| Location | Avg. Yield % | Summer Weekly Rental | Long-Term Monthly Rent |
| Nueva Andalucia | 4.5–6% | €5,000–€15,000 | €2,500–€5,500 |
| Marbella Golden Mile | 3.5–4.5% | €7,000–€20,000 | €3,500–€7,000 |
| Estepona | 4–5% | €3,000–€8,000 | €1,800–€3,500 |
What are the property taxes in Nueva Andalucia compared to Estepona?
Property taxes in Nueva Andalucia (under Marbella’s jurisdiction) are slightly higher than Estepona but remain competitive compared to northern Europe. Annual IBI (property tax) averages 0.4–0.5% of cadastral value in Marbella, versus 0.35–0.4% in Estepona.
Buyers should also consider additional costs such as Plusvalía municipal tax, notary fees, and stamp duty. However, according to Quintessentia Property Advisors, “the long-term appreciation outweighs slightly higher holding costs in Marbella.”
| Municipality | IBI Rate (avg.) | Example Villa (Cadastral €800,000) | Annual IBI |
| Marbella (Nueva Andalucia) | 0.45% | €800,000 | €3,600 |
| Estepona | 0.38% | €800,000 | €3,040 |
Is Nueva Andalucia a buyer’s market or seller’s market in 2025?
As of September 2025, Nueva Andalucia is a seller’s market. Low inventory of modern villas and luxury apartments means properties sell quickly, often close to asking price. Some homes receive multiple offers, particularly in gated golf communities.
Price growth has moderated compared to 2021–2022 but remains positive. Experts expect annual appreciation of 4–5% through 2026, supported by foreign investment and limited new construction.
“Nueva Andalucia continues as a seller’s market, with demand outpacing supply in prime segments.”
How is the golf valley influencing property values?
The “Golf Valley” is central to Nueva Andalucia’s identity, featuring Las Brisas, Aloha, and Los Naranjos golf clubs. Properties near golf courses typically command a 15–20% premium compared to non-golf locations.
Golf tourism fuels short-term rentals and keeps long-term demand high. Many villas are marketed specifically as “golf-front properties,” appealing to buyers from northern Europe. The golf valley remains a cornerstone of Nueva Andalucia’s property values.
Are there risks to investing in Nueva Andalucia property right now?
The main risks are rising interest rates in Europe and potential oversupply of luxury villas. However, Marbella’s land scarcity and demand from international buyers mitigate these risks.
Economic slowdowns may cool transaction volume but are unlikely to trigger price declines. Investors should focus on prime locations with good rental potential to maximize resilience.
FAQ
Is now a good time to buy property in Nueva Andalucia?
Yes, limited supply and consistent international demand support stable price growth. Buyers seeking long-term appreciation and rental yields find strong opportunities.
What types of buyers typically choose Nueva Andalucia?
Families, retirees, and investors dominate the buyer pool, especially from northern Europe. Many prioritize international schools, golf access, and modern villas.
How fast do properties sell in Nueva Andalucia?
Well-priced apartments and villas often sell within 3–6 months, with prime listings moving in weeks. High demand keeps average time-to-sale lower than Estepona.
Do properties in Nueva Andalucia hold their value during downturns?
Historically, Marbella’s prime areas—including Nueva Andalucia—recover faster than secondary markets. Strong foreign demand and lifestyle appeal cushion volatility.
Are mortgage options available for foreign buyers?
Yes, Spanish banks offer mortgages up to 60–70% LTV for non-residents, depending on financial profile. Interest rates are competitive compared to other Mediterranean destinations.
