Puerto Banus Property Prices 2026: Notarial EUR/m2 at the Marina

In Puerto Banus, the registered sale price, what buyers actually paid at the notary, averaged 5,494 EUR/m2 across all property types in June 2026, with apartments at 5,494 EUR/m2 and resale villas at 4,907 EUR/m2 (listyco notarial data, 2026-06, Consejo General del Notariado). New-build villa prices are n/a for the zone this month. Those are real closing prices, not asking prices, which is why they sit below the headline figures buyers see in listings.

What did property actually sell for in Puerto Banus in 2026?

Registered notarial sales averaged 5,494 EUR/m2 across all property types in June 2026: 5,494 EUR/m2 for apartments and 4,907 EUR/m2 for resale villas (listyco notarial data, Consejo General del Notariado). New-build villa data is n/a this month. These are the prices recorded at the notary when a deed is signed, the most reliable public signal of what a home in this part of Marbella actually changed hands for.

Property type	Registered price (EUR/m2), Puerto Banus, June 2026
All property types	5,494
Apartments	5,494
Resale villas	4,907
New-build villas	n/a

Source: listyco notarial data, 2026-06 (Consejo General del Notariado). New-build villas are n/a because too few registered new-build villa sales fell in the zone this month to report a reliable figure.

What kind of property does Puerto Banus actually contain?

Puerto Banus is the marina at the western edge of Marbella town, opened in 1970 by the developer Jose Banus and now one of the four marinas in the municipality. The marina itself holds 915 berths across 15 hectares of sheltered water, accommodating vessels up to 50 metres, and is the anchor that shapes the whole zone’s property market (Turismo y Planificacion Costa del Sol; Puerto Banus marina). The residential stock clusters around the marina basin and the commercial spine behind it, running west towards Nueva Andalucia.

What is unusual about the Puerto Banus property mix is how apartment-led it is. The streets closest to the basin, around the Muelle Ribera and the shopping galleries, are almost entirely apartments: penthouses, frontline marina units, and blocks built in the 1970s and 1980s that have been progressively refurbished. True villas are scarce inside the marina footprint itself and sit on the inland fringe, where Puerto Banus blends into the broader Nueva Andalucia area. That supply shape, scarce land, almost no new villa plots, and a deep stock of resale apartments, is what makes the apartment and resale-villa figures close together while the new-build villa figure reads n/a.

Who buys in Puerto Banus and what drives the price?

The buyer profile here is distinct from the golf-valley buyer a few kilometres inland. Puerto Banus draws the marina-led buyer: someone who wants to walk to the basin, the boutiques and the restaurants, and who treats a property as a pied-a-terre or a high-occupation investment as much as a residence. International buyers, particularly from the UK, the Nordic countries and the Middle East, dominate the demand, and the rental potential is a core part of the underwriting: a frontline marina apartment can command premium nightly rates through the season in a way an inland villa cannot.

Three price drivers are specific to this zone. First, proximity to the water: a unit with a marina or sea view carries a clear premium over one that faces the street or the commercial galleries, even within the same building. Second, the scarcity of new supply: the marina footprint is effectively built out, so new stock arrives only through refurbishment or the rare off-plan project on the fringe, which is why the new-build villa figure is n/a. Third, the brand: Puerto Banus carries a global name recognition that Marbella town centre or Nueva Andalucia do not match on their own, and that intangible lifts asking prices and valuations even when the registered closing prices tell a more grounded story.

For the wider Marbella market context, Tinsa’s IMIE Mercados Locales index put the average finished housing price in Marbella at 3,641 EUR/m2 in Q1 2026, up 20.53 percent year on year, well ahead of the Andalusian average of 1,656 EUR/m2 (Tinsa). The INE’s Housing Price Index rose 12.9 percent annually in the same quarter, with second-hand prices up 13.5 percent (INE). Puerto Banus, at 5,494 EUR/m2 registered, trades well above the Marbella average, consistent with its marina-front position.

Why are registered prices lower than asking prices and valuation estimates?

Registered notarial prices are lower than both asking prices and valuation estimates because they record every signed transaction across the full mix of resale apartments, older villas and transfers, rather than the prime, newly listed stock that sets the headlines. A model estimate from listyco market-stats puts current Puerto Banus valuations around 8,304 EUR/m2 (model estimate, not a sale price), and asking prices on portals run higher still (asking, not closing). The 5,494 EUR/m2 registered average is the figure that reflects completed sales.

The two numbers measure different things. The notarial figure is a closing price; the model estimate is a current-value estimate across the standing stock. Quote them side by side and you get an honest range: what is being asked, what the stock is estimated to be worth, and what actually sold. The gap between the two in Puerto Banus is wider than in most Marbella zones, which reflects how much the marina brand inflates asking expectations relative to what closes.

How does Puerto Banus compare with its neighbours?

Puerto Banus sits at the western end of the Marbella seafront, with the Golden Mile and Marbella centre to the east and Nueva Andalucia and the Golf Valley to the west and north. Each neighbour prices differently and draws a different buyer. The Golden Mile, running towards Marbella centre, carries the established luxury villa and apartment stock that historically set Marbella’s premium; Puerto Banus trades at a comparable registered level but with a heavier apartment weighting. Nueva Andalucia, immediately inland, offers the golf-valley villa alternative for buyers who want space and privacy over marina proximity, and its registered average runs lower, consistent with the villa-led, lower-density mix.

The buyer who chooses Puerto Banus over Nueva Andalucia is trading square metres and a garden for walk-to-the-marina proximity and the rental yield that brings. The buyer who chooses the Golden Mile over Puerto Banus is trading marina energy for established residential calm. These are genuine alternatives, not a ladder, and the registered data lets a buyer see the actual price step between them rather than the asking-price impression. For the full Marbella rental picture, see the Marbella rental yields guide, and for the buying-cost breakdown, the cost of buying property guide.

What is happening in the wider Malaga market?

The price rises are set against a cooling transaction volume. In the first quarter of 2026, Malaga province recorded 8,837 residential transactions, down 9.3 percent year on year, a sharper fall than the national average of minus 2.6 percent (INE, Estadistica de Transmisiones de Derechos de la Propiedad). The read for Puerto Banus is that prices are holding and rising at the top of the market while volume softens at the provincial level, a pattern consistent with prime-stock scarcity absorbing the demand that mid-market zones lose to affordability pressure.

For the broader Marbella zone data, the Nueva Andalucia property prices guide covers the golf-valley neighbour, and the Puerto Banus property guide gives the full area character and lifestyle picture. The Los Monteros and East Marbella guide covers the eastern seafront alternative.

How should a buyer read these numbers?

Use the registered notarial figure as your floor of reality: it is what comparable homes actually closed at. Treat asking prices as the seller’s opening position and model estimates as a valuation guide for the standing stock. A buyer who anchors a negotiation to the 5,494 EUR/m2 registered average, then adjusts up for a marina view, a penthouse level or a turnkey refurbishment, is working from what the market did rather than what it hopes to do.

Puerto Banus rewards buyers who understand the supply shape: a thin, apartment-led, marina-front market where new villas barely register and the brand premium is real but visible in the data. The registered notarial figure is the cleanest way to separate the brand from the transaction.