The Golden Mile is world famous as being home to some of the most luxurious and impressive homes not just in Marbella, but Europe too. Yet the Golden Mile is actually a bit of a misnomer, as this famous stretch is actually around four miles (6.5km) long. With Marbella’s beautiful coast on one side and the La Concha Mountain on the other side, the Golden Mile stretches from the centre of Marbella and its charming old quarter in the east to the bustling marina that is Puerto Banús on the western edge of the town.
The Golden Mile has become increasingly popular with foreign buyers over recent years, attracting investors and clientele seeking permanent residence in order to take full advantage of the temperate climate and colourful lifestyle. The Golden Mile is renowned for having a premium price bracket due the limited availability of land and properties on this relatively small yet luxurious stretch of land. The current economic status has provided the property market with a selection of bank repossessed and distressed properties, opening the doors to a wider audience or property investors resulting in a solid and consistent market for the Golden Mile and similar higher net worth regions. There are currently properties that are considered to have a considerable amount of equity built in which has made the Golden Mile more attractive than ever.
Along the broad, tree-lined Golden Mile you will find a plethora of sumptuous restaurants, trendy bars, grandiose golf courses and eye-wateringly luxurious hotels. Some sights worth a mention include the Palace of King Fahd – one of the largest private residences in Europe – the Al Risalat Mosque, the Marbella Club Hotel and its beautiful beach club, and its illustrious neighbour the Puente Romano Hotel. The latter of which derives it name from a well-preserved Roman bridge set within its tropical gardens.
Turn off the Golden Mile at Victor’s Beach and you come to a picturesque and popular section of the Marbella coastline that is overlooked by a centuries old watchtower. Here a popular chiringuito (typical beach bar) offers unparalleled views of the bay that forms such a popular haunt for surfers and kite-surfers whenever the winds favour.
Littering the beachside of the Golden Mile are a number of super-luxurious and secluded mansions, elegantly listing towards the beach, gently exposing themselves to passing tourists and locals in the most discreet way. Here too lavish beachside urbanisations are bountiful and include several stunning first line beach complexes within walking distance to the centre and Old Town of Marbella. Boasting lush tropical gardens and pools that demand your undivided attention and access to beach bars that stay open long after the sun has set, these dream urbanisations compliment the al fresco lifestyle that Marbella inspires in its residents.
Whatever type of property you are looking for in Marbella, it’s sure to be found on the Golden Mile.