Property in Puerto Banús. Prices for real estate in Puerto Banús
Puerto Banús is a luxury suburb of Marbella in Costa del Sol, Spain and a millionaire's paradise. Dubbed a Spanish Saint-Tropez, it is characterised by glamorous designer shops, bustling night bars and an expensive lifestyle annually drawing in about 5 mln tourists, who come to gape at celebrities and get the ultimate luxury experience. Property for sale in Puerto Banús comprises mostly residential complexes with modern apartments and villas.
Prices of real estate in Puerto Banús vary greatly by location. High-end, sea-view apartments may cost € 1.5 m and more. A typical landlocked apartment in a residential complex with common orchard, pool and private car park might cost € 250,000-300,000. A house in Puerto Banús costs € 1.5-20 mln. A sum of € 6.5 mln might buy an 800-sq m mansion with a 3,500-sq m parcel of land.
Rental costs in Puerto Banús range from € 350 per week to € 2,500 per night and rental housing is in high demand, so purchasing properties in Puerto Banús might be a lucrative investment.