What Kind of Villa Can You Buy in Marbella for Under €5 Million?

Marbella is having a moment - and it’s not just hype. Trust me, I’ve lived in Marbella for almost 15 years now. With its perfect blend of Mediterranean luxury, international flair, and high-quality living, it’s become one of the hottest real estate spots in Europe right now. But the real question is: what kind of villa can you actually buy here for under €5 million?  Whether you're dreaming of a sunset-view pool in Nueva Andalucía, a contemporary design masterpiece in Benahavís, or an investment opportunity, this guide gives you a curated look at what’s currently possible in this price range.

If there’s one thing that truly matters in Marbella real estate, it’s reputation and Samuel Cameron James has earned his. With over 13 years of experience and a strong history of successful sales, his name is trusted by clients and respected within the industry. Contact him via sam@bhhsmarbella.com or +34 633 929 261.

🔥 Why invest in real estate in Marbella and Why Now?

- Luxury Real Estate Growth: Marbella’s prime property market has seen 5%–8% annual appreciation projected through 2025

- Golden Triangle areas (Marbella, Estepona, Benahavís) rose 20% in 2024, with over €3.2 billion in luxury investments

- Foreign buyers now account for 30% of Marbella property transactions - more than double Spain’s national average

- Strong Sales Momentum: Golden Triangle property sales surged +24.7% year-on-year in Q1 2025, showcasing exceptional buyer confidence.

- Secure & High-Return Market: Marbella offers both capital appreciation and strong rental yields - especially in the summer and golf seasons. Premium homes often deliver gross yields above market averages.

- Cultural & Economic Evolution: Marbella is shifting beyond tourist status - now attracting a global entrepreneurial crowd, digital nomads, and young families. It's evolving into a sophisticated, year-round community

- World-class lifestyle: Michelin-starred restaurants, international schools, beach clubs, golf

And when it comes to Benahavís, this area in particular popular due to:

- Private gated communities like La Zagaleta and El Madroñal

- Larger plots, mountain views, and extreme privacy

- New-build architectural homes that are still under the €5M mark

- Easy access to Marbella, Estepona, and golf

1. Elegant Renovated Villa in El Madroñal, Benahavís €3.985.000

My personal favorite of the five villas - so charming and timeless elegance. A beautiful family home in Marbella also in my favorite area - in El Madroñal gated community.

Beautifully renovated south-facing villa in a secure gated community, offering panoramic sea views, a private pool, underfloor heating, and a spacious entertainment room. Located just minutes from Monte Halcones and San Pedro, this refined home blends comfort, privacy, and timeless style - ideal for year-round living in Marbella.

Bedrooms: 5

Bathrooms: 5

Total area: 380 m²

Terraces:161 m²

Plot: 1.161 m²

2.Investment Villa in Benahavis €3.990.000

Possibility to renovate with huge potential and the possibility of building at least 3 new houses.

Set on a spacious 5,300 m² plot in Fuente del Espanto, this 4-bedroom villa blends traditional Andalusian charm with modern comforts. Enjoy sea views, a private pool, lush gardens, and the potential to build 3–4 additional villas. Just minutes from San Pedro, the beach, golf, and top schools - ideal as a private retreat or smart investment in the Costa del Sol.

Bedrooms: 4

Bathroos: 4

Plot: 5.300 m²

Total area: 731 m²

3. Modern Villa in Los Olivos, Nueva Andalucia €4.450.000

Set in Marbella’s prestigious Golf Valley with La Concha as a backdrop, this recently built luxury villa offers 7 bedrooms, panoramic views, a stunning marble fireplace, landscaped gardens, and a wine cellar. With elegant interiors, shaded outdoor lounges, and a serene location near top golf, schools, and dining - it’s a modern masterpiece designed for the Marbella lifestyle.

Bedrooms: 7

Bathrooms: 6

Terraces: 262 m²

Total area: 774 m²

Living area: 512 m²

Plot: 1.379 m²

4. Brand New Modern Villa in El Paraiso, Benahavis €4.990.000

Set on a private corner plot with cul-de-sac access, this stunning newly built villa offers over 900 m² of luxury living across three floors plus a panoramic rooftop solarium. Features include a private spa, gym, wine cellar, advanced domotics, underfloor heating, and indoor parking for 3 cars. Move-in ready and designed for modern Marbella living.

Bedrooms: 5

Bathrooms: 6

Terraces: 220 m²

Total area: 919 m²

Living area: 618 m²

Plot: 1.364 m²

5. Contemporary villa for sale in Parcelas del Golf, Nueva Andalucia €4.995.000

Located in a secure gated community in Marbella’s Golf Valley, this stunning villa offers 7 bedrooms, 6 bathrooms, an ultramodern kitchen with Balay appliances, and expansive terraces opening to Mediterranean gardens and a large pool. Features include a 200 m² solarium, BBQ area, Jacuzzi, lift, and unique Portuguese stone construction. Just 5 minutes from Puerto Banús and the beach.

Bedrooms: 6

Bathrooms: 6

Total area: 1.090 m²

Living area: 747 m²

Terraces: 343 m²

Plot: 1.300 m²