Golden Mile
Marbella is the perfect representation of the Mediterranean luxury living, being one of the most important Real Estate option in Europe. The Golden Mile of Marbella is the most demanded area on the Costa del Sol. This area offers a glittering lifestyle with excellent prestigious attractions and elegant hotspots such as the Puente Romano resort, the Marbella Club Hotel, prize-winning gardens of an extraordinary beauty and beautiful beaches all along the boulevard. Stretching for 5 kilometres from city centre Western side, all the way to Río Verde right before Puerto Banús, the Golden Mile of Marbella enjoys the most luxurious properties on the Costa del Sol and will always remain an excellent investment area.
The Golden Mile of Marbella has been growing constantly since the 1950s around the Marbella Club Hotel with legendary parties and glamorous events that were attended by royalty, millionaires and celebrities.
Since then, the area has been expanding significantly along the coast and inland where exclusive residential areas started to appear and to become demanded: Sierra Blanca, Nagüeles and Cascada de Camoján. King Fahd of Saudi Arabia enjoyed the area so much that he even built his own palace and mosque there.
The Golden Mile is an area where the demand is much greater than the supply, which makes this area even more desired on the Costa del Sol. There is barely any space for new developments, which pushes up the value of new builds.
Since the 1960s, the Golden Mile has been an attractive destination for a European clientele seeking exclusive properties. The demand for this area is so high that the financial crisis was almost invisible. This area has been considered the best of the upmarket properties blending together exclusivity, location and convenience. Most of the properties in this area enjoy beautiful views to the Mediterranean Sea, Gibraltar and even Africa on clear days, in addition to their proximity to the golden beaches. The area enjoys first-rate amenities, trend-setting resorts and cutting-edge restaurants offering an exceptional gastronomy. The apartments complexes on the Golden Mile enjoy landscaped gardens with beautiful views to the emblematic La Concha mountain and the Sea.
If an attractive property on the Golden Mile is something you are considering, do not hesitate to contact the helpful team of Sierra Blanca Estates Realty for more information about Real Estate opportunities of the area.
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