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How much are the villas in your area sold for

Unlike the property market in countries like The United States and Sweden the Spanish market is not transparent hence it makes it more complicated buying a new apartment or villa. In the U.S. you can on sites like Trulia find information about the average price that a property with a certain postal code is listed and sold for. This makes it easier for you to assess if you are making a good investment or not.
Here are some figures for the different areas in and around Marbella:

Sold detached villasAverage price (€)Price per m2 (Built)
Nueva Andalucia€ 1,373,903€ 3,673
The Golden Mile€ 1,860,660€ 4,041
Benahavis€ 1,532,532€ 3,005
The New Golden Mile€ 753,369€2,562
San Pedro de Alcantara€ 949,030€ 2,603
Marbella€ 873,720€ 2,459

Source: Resales

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