Priciest Spanish Property Neighbourhood Found in Costa del Sol
La Zagaleta in Benahavis is some one of the most
expensive areas in Spain
Variety is the name of the game when it comes to the Costa del Sol. Ibiza might have all the clubs, Majorca might have all the cycling, the Canaries might have stunning weather, and Costa Blanca might have the beaches, but the Costa del Sol puts it all together and even does some things better.
Costa del Sol property is no exception. Madrid has some of the most prestigious Spanish streets, and the inland pueblos of Andaluccan help you get the most for your money, the Costa del Sol offers a lot at both ends of the spectrum.
The latest data from nationwide estate agency Idealista analysed data about Spanish home prices and found that the most expensive neighbourhood of Spanish property is found in none other than the Costa del Sol.
The name of the area is La Zagaleta, an urbanisation nestled in the verdant hills off Benahavis. Property there costs an average of €5.6 million and it’s hardly surprising. The gated communities around here are where you can find the richest, most famous people in the world.
There are several reason that La Zagaleta draws in these elites, and the exclusivity of the area is reflected in the property prices. There is a superb climate here, along with some fantastic views of the Mediterranean, incredible accessibility to all the best clubs and restaurants of Puerto Banus, and – of course – seclusion. There are no prying eyes or flashing cameras, and some of the villas come equipped with a helipad allowing the people living there to be as secretive as possible when it comes to arriving and leaving.
Outside of the Costa del Sol, the La Moraleja neighbourhood of Madrid is the second-most expensive postcode in Spain with average property prices of €5.05 million. After this comes the Castillo de Aysa of Madrid with €5 million, and the Avenida del Tibidalo in Barcelona coming fourth with average property prices of €4.83 million.