Price of a villa in La Zagaleta, Spain
La Zagaleta, situated in the hills of Benahavís close to Marbella, epitomizes luxury, seclusion, and exclusivity. This prestigious residential community has established itself as one of the most sought-after living environments in Europe. Residing in a villa in La Zagaleta offers a lifestyle immersed in nature, exceptional amenities, and a significant degree of privacy but it has a very high price, not accessible to everyone.
The Cost of Living in La Zagaleta, The star Europe.
Properties in La Zagaleta rank among the priciest in Spain, with entry-level villas priced at approximately 5 million euros and luxury villas with unique architectural features exceeding 40 million euros in prime areas. Consequently, the average price per square meter in La Zagaleta stands at about 7,000 euros. This elevated valuation vary by various factors such as: location, architectural design, land size, and exclusive amenities
History and Evolution of La Zagaleta
La Zagaleta, which began as a private hunting estate in the 1980s, has since evolved into a prestigious residential community that spans 900 hectares and comprises around 230 properties. This low-density development strategy has maintained the integrity of the surrounding natural environment, providing exceptional privacy—a crucial element that appeals to affluent buyers in search of a secluded haven on the Costa del Sol.
Factors Driving Property Prices in La Zagaleta
La Zagaleta elevated prices vary depending on factors such as:
Strategic Location and Unique Views
La Zagaleta’s prominent location in the Benahavís hills offers distinctive vistas of the coast, Gibraltar and even the African coastline. Additionally, numerous properties benefit from golf views. Properties with the best views command the highest prices.
Plot Size and Built Area
In La Zagaleta, the villas and mansions feature large gardens, terraces, private swimming pools, and outdoor leisure spaces. Land parcels vary in size from 3,000 to 10,000 square meters, with the average built area surpassing 1,200 square meters. The spacious properties facilitate the inclusion of amenities such as spas, private cinemas, and, frequently, advanced home automation systems.
High-End Architectural Design
Properties in La Zagaleta are distinguished not only by their expansive dimensions but also by their exceptional quality and architectural design. Originally, these properties were constructed in a traditional Andalusian style. However, in recent years, there has been a notable transition towards modern and contemporary aesthetics, reflecting the evolving preferences of buyers. The current trend in La Zagaleta features sustainable residences that harmoniously blend with the natural environment and incorporate advanced technology to ensure optimal comfort and efficiency.
Types of Properties and Price Range
A comprehensive understanding of the prices in La Zagaleta depending the architecture of the properties:
- Modern and Contemporary Villas: Recently built properties, characterized by contemporary designs and smart technology, begin at approximately 10 million euros and may attain or surpass 40 million euros for those situated in prime locations offering sea views or direct access to premium amenities.
- Classic Villas: Properties featuring Mediterranean or traditional Andalusian designs generally commence at a price range of 5 to 7 million euros. Although they are more economical compared to modern villas, a significant number of these properties have been fully renovated to the highest standards so they boast the most advanced technologies and qualities inside and outside. Once renovated their prices could be similar to the modern ones.
Exclusive Amenities in La Zagaleta
The allure and quality of the properties in this exclusive community are complemented by its exclusive amenities and services offered to its residents:
- Helipad and Concierge Services
La Zagaleta is distinguished by its exclusive helipad, which facilitates quick and private access for residents in need of aerial transportation. In addition, the extensive property management service, referred to as La Zagaleta Services, offers a wide range of amenities, including garden and pool upkeep, catering, chauffeur services, and event support, all aimed at enhancing the comfort of its residents. - Equestrian Center and Private Golf Courses
La Zagaleta boasts two private 18-hole golf courses that are exclusively accessible to residents. These members-only courses do not impose fixed tee times, thereby providing a degree of flexibility and privacy that is rare among similar developments. Furthermore, La Zagaleta’s equestrian center offers thoroughbred horses and boarding services, along with classes and exclusive events tailored for residents and their guests.
Price Comparison with International Luxury Markets
The living expenses in La Zagaleta are on par with other esteemed locations globally, including the Hamptons in the United States and Lake Como in Italy. Nevertheless, La Zagaleta distinguishes itself through its exceptional blend of seclusion, a pleasant climate, and a gated community that offers superior privacy and security, attracting discerning residents from all over the world.
Growing Market and Investment Trends in La Zagaleta
The living expenses in La Zagaleta are on par with those in other esteemed locations globally, including the Hamptons in the United States and Lake Como in Italy. Nevertheless, what distinguishes La Zagaleta is its exceptional blend of seclusion, a pleasant climate, and a gated community that offers superior privacy and security, attracting the creme of the creme.
The expenses associated with residing in La Zagaleta are warranted not only by the exceptional services and exclusivity it offers but also by its investment potential. The scarcity of available properties, coupled with strong demand from a discerning buyers, has contributed to the stability of home values within this development, rendering them resilient to market volatility. Acquiring property in La Zagaleta signifies an investment in a secure and sought-after area with significant resale value.