The boulevard effect
The €80M tunnel project that buried the A-7 through San Pedro in 2013 created a 5-hectare landscaped boulevard linking the town centre to the beach. Property values within 500m of the boulevard rose 60% over the following decade and continue to outperform.
2026 prices
- Apartments, boulevard/town centre: €3,800–€5,400/m²
- Beachside apartments: €5,200–€7,800/m²
- Townhouses, Nueva Alcántara: €4,800–€6,500/m²
- Villas, Guadalmina Alta: €5,500–€8,500/m²
- Villas, Cortijo Blanco / beachside: €7,500–€12,000/m²
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Buyers priced out of Marbella centro who refuse to move further west. Strong demand from Dutch, German and Belgian families using San Pedro as a base for Nueva Andalucía golf and Marbella amenities.
The trade-off
Less polished than Marbella centro, less golfy than Nueva Andalucía, but the most authentic Spanish town atmosphere of the immediate Marbella ring. Pair with Marbella prices.
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Areas in this article
- Marbella guide6,800 €/sqm · +9.2% YoY
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