In the blog of OI Realtor we are talking about the considerable revaluation of the price of housing that has been taking place for about a year and a half, approximately, in the province of Malaga, acting this, among other areas, as an advance train in the recovery of the value of real estate in Spain. Therefore, it is not surprising that a study, recently published and carried out by the ‘Viviendas Price’ platform, showed that the 17 most expensive streets in the province of Malaga are located precisely in the municipality of Marbella.
It is necessary to warn, before proceeding, that the report presented is made on the basis of all existing housing and not only taking into account those that are offered for sale. In addition, the study has included the market values ??of all floors of those municipal terms of the Spanish territory that have a population of more than 25,000 inhabitants.
A total of 24 roads, of the thirty arteries of the province of Malaga that reach a price of residential land above 3,000 euros per square meter, are in the municipality that houses the Golden Mile of Marbella. And in this ranking, the first 17 positions are exclusivity of the preferred venue for those who can afford to live in it: Marbella, the beautiful.
However, the most sought after areas in Marbella are also very disputed, as it is not until the seventh position where we find a street, that of Arturo Rubinstein, which can be said to link and belong to the desired and valuable Golden Mile of the town, Being the other first six places of the classification for enclaves located in the well-known, and always obliged place of visit when appearing to the municipality, Marina of Jose Banús; best known as Puerto Banús or just Banús.
The ten most expensive streets of Marbella: sights, Banús
The street with the highest average value of multi-family dwellings is that of Ramón Areces and is located in the marina of José Banús that connects Marbella with the area of ??San Pedro Alcántara. In this street, the price of the house reaches 5,262 euros per square meter.
To her, they follow, according to the average value of the houses that are in them, the following routes of Puerto Banús: Vargas Llosa Street, Playas del Duque Avenue, Julio Iglesias Avenue, Ribera Street ( Located on the beachfront) and the Avenue that gives name to the marina of Jose Banús.
Already in seventh place, there is the central street, next to the Palace of Congresses of Marbella, Arturo Rubinstein, followed by the street next to the Senator Marbella Spa Hotel, Pepe Carleton; Street that, in memory of this decorator, intellectual and impeller of the city in the decade of the 60s, was granted in 2013; On the first anniversary of his death.
With the ninth position of the list of most expensive streets in the province of Malaga we return to the marina area of ??Banús with the street next to the avenue Playas del Duque and named after the famous and never forgotten Lola Flores.
Finally, it is followed by Isabel de Valois Street, located just 1.5 kilometers by car and a one-mile walk from the Marbella area known as San Pedro Alcántara.
The most sought flats are also located in Marbella
With regard to the classification of properties with the highest market value, the ranking is also dominated by Marbella.
The first place occupies one that, with an area of ??463 square meters, if today to be put up for sale to date in Marbella, could reach a price of 2,368,245 euros: said floor is in the already Mentioned street Arturo Rubinstein.
This property is followed by other properties, such as Pepe Carleton streets (with a market value of more than 2.2 million euros) and Roy Boston, whose market value exceeds 1.9 million euros .
You have to go down to the 28th place in the ranking to find a property that does not belong to the municipal district marbellí. Specifically, this position has a house of more than 400 square meters that, located in the street Duque de la Victoria in the capital of Malaga, could reach a sale price of 1,209,000 euros.
The most expensive streets of the other municipalities in Malaga
The third most expensive municipality in the province of Malaga is Estepona and specifically the avenue Virgen del Carmen whose most expensive housing would have a market value of 903.960 euros. To him, it follows the Promenade King of Spain in the ‘Sun of the City’ that is Fuengirola, with a price of 891,000 euros.
The fifth town with a more expensive housing is located in the extensive municipal area of ??Mijas, on Cedro Street, with a home that could reach 817,908 euros, followed closely by Gandhi Street in Benalmadena with a value of 794,922 euros.
In the middle of the table is the street Panama of the immortalized Torremolinos with a home that could touch the figure of 730.898 euros in case it was sold.
The last positions are for the municipalities of Rincón de la Victoria (in the avenue of the Mediterranean they reach 390,508 euros), the avenue of Andalusia of Vélez Málaga (334.825 euros), the street Cantareros already in Antequera (325,490 euros), the Padre Mariano Soubiron street of the municipality of Ronda (314,860 euros) and the street Pacific Ocean of Alhaurín de la Torre, with a housing that would get the 245,267 euros.
