Marbellas Hidden Gems: Underrated Areas for Real Estate Investment


When it comes to real estate investment, Marbella is renowned for its luxurious properties and exclusive neighborhoods. However, beyond the well-known hotspots, there are hidden gems in Marbella that offer tremendous potential for savvy investors. In this blog post, we will uncover some of these underrated areas that deserve attention for their promising real estate opportunities.


Located just west of Marbella, Estepona is a charming coastal town that has seen significant development in recent years. Estepona offers a more relaxed and authentic Spanish lifestyle compared to its glitzy neighbor. With beautiful beaches, a charming old town, and a range of amenities, Estepona is an underrated area for real estate investment. Properties here often provide better value for money compared to Marbella, making it an attractive choice for investors looking for affordable luxury.


Situated east of Marbella, Elviria is a hidden gem that combines stunning natural surroundings with excellent amenities. This residential area boasts beautiful sandy beaches, lush greenery, and panoramic views of the Mediterranean Sea. Elviria offers a range of properties, from stylish apartments to luxurious villas, all within close proximity to renowned golf courses, international schools, and shopping centers. Despite its many attractions, Elviria remains somewhat under the radar, presenting investment opportunities that shouldn’t be overlooked.

La Cala de Mijas:

Nestled between Marbella and Fuengirola, La Cala de Mijas offers a relaxed beach town atmosphere and a burgeoning real estate market. This hidden gem features a charming village center, pristine beaches, and a wide array of dining and entertainment options. Real estate in La Cala de Mijas provides investors with the chance to acquire properties with excellent rental potential due to its popularity among tourists and its proximity to golf courses, water sports activities, and other attractions.

Nueva Andalucía:

While Nueva Andalucía is not entirely undiscovered, it often takes a backseat to the more prominent areas in Marbella. However, this residential enclave deserves attention for its prime location and investment potential. Nueva Andalucía is known as “Golf Valley” due to its proximity to several world-class golf courses. The area also offers a variety of amenities, including upscale restaurants, trendy bars, and designer boutiques. Real estate options in Nueva Andalucía range from modern apartments to opulent villas, providing a diverse range of opportunities for investors.


Nestled in the hills behind Marbella, Benahavís is a picturesque village known for its gastronomy and breathtaking views. While it may not have a beachfront location, Benahavís appeals to those seeking a tranquil and luxurious lifestyle surrounded by nature. The area boasts an impressive selection of golf courses, including the renowned La Zagaleta, and offers a variety of upscale properties, including elegant villas and gated communities. For investors seeking exclusivity and privacy, Benahavís presents an underrated option.


While Marbella’s glamorous reputation often overshadows other areas, these hidden gems offer exceptional real estate investment opportunities. Estepona, Elviria, La Cala de Mijas, Nueva Andalucía, and Benahavís are just a few examples of underrated areas in Marbella that deserve recognition. With their unique charms, amenities, and potential for growth, these areas present investors with the chance to secure properties with excellent value and return on investment.

real estate agent
Saumon Elhaie
Managing Director

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