Apartments for sale in Puerto Banús

152 properties for sale in Puerto Banús · € 300,000 to € 24,000,000 · median € 7,664/m²

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What the name promises and what the apartments for sale in Puerto Banús list contains

There are 152 apartments for sale in Puerto Banús on our books, from € 300,000 to € 24,000,000, with the middle of the list at € 898,000, an average built area of 160 square metres, an average terrace of 57 square metres and a median of € 7,664 per square metre. Two facts about that list are worth having before you scroll it: the commonest property on it has two bedrooms, and new building is close to absent from this market.

Both of those will surprise anybody who knows the name only from the harbour. The port sells an image of yachts and watch shops. The list sells flats, most of them modest, in buildings put up over the last fifty years by people who have since sold them on.

Over half of the apartments for sale in Puerto Banús here have two bedrooms. Add the one-bedroom flats and the studio and the share grows further. The four, five and six-bedroom properties, the ones the name conjures, are a handful at the top. The entry price of this address is lower than its reputation, and the figure in the table above says by how much.

Why the entry price is lower than the reputation

Because the port was built as a marina with housing around it rather than as an enclave of villas, and the housing was built dense: low blocks, courtyards, garage levels, two-bedroom plans repeated hundreds of times. That stock is now second-hand, it is held by thousands of different owners, and some of them need to sell this year. A famous address with a deep supply of small flats produces a market with a genuinely accessible bottom end.

And why the top end is in a different league entirely

At the top of Puerto Banús sits the kind of home the rest of the coast is measured against — a penthouse whose terrace is as large as its interior, at a rate per square metre several times the district median. The top of this page is not competing with the rest of it in any meaningful sense. The comparison for it is pure luxury in Marbella, and what it shares with a two-bedroom flat in the same marina is a postcode and nothing else.

What the spread does to any average

From cheapest to dearest on this page is a factor well into double figures, and the rate per square metre spreads nearly as widely. That is why the table above quotes a median rather than an average: the mean of this list would sit far above the price of most of the properties in it and would describe nothing you could actually buy. Use the median, then compare a specific flat against the two or three genuinely like it.

Where the apartments for sale in Puerto Banús actually stand

Beachside, which most of them are

The great majority of this list records beachside, a large minority records beachfront outright and a smaller group sits in a front line beach complex. That is the strongest single attribute of the district: the port is on the water, the housing is on the water, and the walk from a flat to the sand is measured in minutes rather than kilometres. The front line proper, across the whole municipality, is under beachfront in Marbella.

Beside the port and inside a town

Almost all of these listings record close to shops and close to the port, and most close to the marina and the town. Practically that means a flat here can be lived in without a car — the supermarkets, the chemists, the restaurants and the bus are all walkable, which is true of very few districts between Marbella and Gibraltar. It is also why this is among the best letting districts on the coast.

The lift, which is almost universal here

Most of the apartments for sale in Puerto Banús record a lift: a lift is close to standard in this district, which is a far higher share than the coast as a whole and a direct consequence of the district being built in blocks rather than in low terraces. It matters for resale, for letting and eventually for you. The minority without one are usually in the older, lower buildings, and they should be priced accordingly.

And parking, which is the real local currency

A majority record underground or private parking, and in this district that is not a convenience but a substantial part of the value. A parking space here carries a price of its own: the streets around the port in August are not an option at any hour, and a flat without a space is a flat whose owner spends the summer circling. The garage levels under the courtyard blocks are the reason those blocks sit where they do.

Four kinds of block hold the apartments for sale in Puerto Banús

The district is small enough to walk end to end in twenty minutes and it contains four quite distinct families of building. A listing rarely says which family it belongs to, but the photographs do, and once you can tell them apart the page sorts itself.

The front-line complexes either side of the quay

Low white terraces stepping down to the sand, each flat with its own stretch of seaward wall and the communal garden between the building and the beach. Nothing can be built between a front-line terrace here and the water, which is the whole of what the premium pays for. These are also the oldest buildings in the district, which is why their plots are so generous by modern standards.

The courtyard blocks in the streets behind

Four and five storeys around a pool and a lawn, entered through a gate off a side street, with the parking a level down. The body of this list is a two-bedroom flat in a courtyard block three streets from the water, and it is the segment that actually sets the entry price of the address rather than the one the name conjures.

The long balconied blocks on the main avenue

Facing the road that carries everything into the port, with shops and restaurants at street level and flats above them from the first floor up. The trade here is noise against convenience: the sand, the bus and the supermarket are all a flat walk, and in August the window stays shut. On the avenue the upper floors are worth markedly more than the lower ones, for reasons you can hear.

And the schemes on the slope towards Nueva Andalucía

Above the port the ground starts to climb and the blocks turn their backs on the sea to face the valley and the hills. Gardens get larger, pools get warmer, the walk to the quay turns into a walk back up, and the prices fall away quickly. The deeper hillside market is Nueva Andalucía, and the boundary between the two is a matter of a few hundred metres.

Questions about apartments for sale in Puerto Banús

What is the cheapest way into apartments for sale in Puerto Banús?

A one or two-bedroom middle-floor flat in an older block away from the front line. Over half of the apartments for sale in Puerto Banús have two bedrooms and more than half sits on a middle floor, so the supply at that end is real rather than token, and the figure in the table above is lower than the reputation of the address suggests. The coast-wide segment is middle floor apartments, and our property alarm will write to you when a correctly priced one arrives.

Why is new building so rare in Puerto Banús?

Because the ground around the port was built out decades ago and there is no undeveloped parcel of any size left in the district. Almost all of the apartments for sale in Puerto Banús are second-hand, which means the age of the block is what separates one flat from the next: white front-line terraces from the first years of the marina, courtyard schemes of four and five storeys in the streets behind, balconied blocks along the avenue, and renovations that have gone through all three. New schemes across the five municipalities are on new developments.

Is the most expensive listing really worth that much?

It is not competing with the flats beneath it at all: a penthouse whose terrace is as large as its interior, at several times the district median rate. Judge it against pure luxury in Marbella rather than against its neighbours. It is also the reason the table above quotes a median instead of an average — the mean of this list would describe nothing you could buy.

Can I live in apartments for sale in Puerto Banús without a car?

Yes, and that is unusual on this coast. Almost every listing records close to shops and close to the port, most record the town and the marina, and the great majority are beachside. Parking is still worth paying for, though: the streets in August are not an option at any hour, which is why a garage space here carries a price of its own. The district with its houses included is property for sale in Puerto Banús.

Do apartments for sale in Puerto Banús let well?

Apartments for sale in Puerto Banús let about as well as anything on this coast, because guests book what they can walk to and from here that is the sand, the port, the restaurants and the shops — which also gives the district a longer season than an isolated beach strip. A large share of this list carries the holiday-homes or investment attribute for that reason. What it suits is weeks and fortnights rather than months, because the guests who come for the port come in season; see rental services.

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