Marbella, the jewel in the crown of Costa del Sol real estate, has also seen declines in home prices, but the high quality construction and luxury interior fittings and design on Marbella properties has ensured prices held better than in other locations at the Mediterranean.

The glamorous resort boasts very distinct differences in its districts. At Puerto Banus apartments dominate - here the world of sailing and motorboat sport likes to show its gleaming white yachts in the famous Marina. In the east of Marbella there are districts like Elviria, where buyers can find a pleasant blend of luxury apartments and penthouses, town houses and luxury villas set in extensive grounds. In Estepona, Gualdamina, Benahavis, the Golden Mile, Nueva Andaluxia and Sierra Blanca anything goes, from studios to top-end, luxury villas with ten bedrooms and more.

Guadalmina has wonderful golf villas on offer, while beachfront property dominates the Golden Mile. Even in “millionaire’s row” in some of Marbella’s most exclusive neighbourhoods prices have fallen - an ideal moment to make a purchase. A 6-bed, 6-bath villa in Los Monteros was once listed for EUR 13,500,000, but now the more modest price tag of EUR 9,000,000 might lure discerning buyers through the door.

Even more exclusive property can be found in La Zagaleta, where a 9-bed, 9-bath villa set in a 4,484 sqm plot and boasting indoor as well as outdoor pools will cost “just” EUR 15,000,000

http://www.exclusive-marbella.com/blog/tinsa-survey-shows-house-prices-decline-27.htm