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What $5 Million Buys Right Now On The Coast Of Spain

Beautiful beaches, great food and vibrant culture have long made Spain a premier destination for global travelers and second-home owners. In this week’s look at the luxury real estate market, I examined three desirable tourist destinations along Spain’s eastern coast. From a contemporary villa in Altea Hills to a beachside estate in Sierra Blanca, here’s a look at what about $5 million buys in three coastal settings in Spain.

Altea, Altea Hills, Spain | $5.75 million (EUR 4.8 million)

A pearl of Spain’s White Coast, the city of Altea in the province of Alicante is a desirable resort area known for its world-class marina, beautiful beachfront and some of the finest mountain and ocean views in the Mediterranean. The area is also home to Altea Hills, a premier resort community of about 1,300 homes. This modern villa, designed by an aeronautical engineer in collaboration with late architect Carlos Gilardi, sits high up in the community’s hills, allowing for a bird’s-eye view of the area.

Features: The four-bedroom, five-bathroom house is contoured to its hillside setting and features an eye-catching combination of curved organic shapes and clean lines. The primary suite opens to a curving terrace that overlooks a heated infinity-edge pool and outdoor lounge on the lower level.

Other perks: Eco-friendly materials feature prominently in the home’s multi-level design. The house was also built to be earthquake-proof and can withstand seismic activity up to 10 on the Richter scale.

Represented by: Alicia Martinez, Immobiliaria Rimontgo


Los Monteros, Marbella, Spain | $4.732 million (EUR 3.95 million)

Located a short drive from the city of Marbella, Los Monteros in Marbella East is an exclusive residential area popular for its exceptional restaurants and spa facilities. The area is also one of the few remaining areas in Marbella to buy beachfront property and features a collection of prized villas such as this five-bedroom, five-bathroom residence.

Features: The two-story home has more than 8,000 square feet of sophisticated living space, five bedrooms and five bathrooms. White walls and polished floors lend a museum-like quality to the living spaces. In the chef’s kitchen, sliding glass doors open to an intimate dining patio.

Other perks: Hedges and lush tropical landscaping conceal a private swimming pool. The property also features a wine cellar, a garden and ample patio space.

Represented by: José Ribes Bas, Immobiliaria Rimontgo


Sierra Blanca, Marbella, Spain | $5.15 million (EUR 4.3 million)

Few areas in Spain carry the status of Marbella’s Golden Mile, a prime strip of coastline home to an impressive collection of exclusive shops, restaurants, and resort hotels. For those desiring an extended stay, the gated community of Sierra Blanca is among the most desirable in the area, thanks to its security and proximity to Marbella’s beautiful beaches and international schools. This modern villa-style home of nearly 9,000 square feet is a stellar example of Sierra Blanca’s large-lot offerings.

Features: Designed to the highest standards, the five-bedroom, five-bathroom house features marble and parquet wood floors, heated floors and oversized sliding doors that connect indoor-outdoor spaces. A two-way fireplace feature bisects the open-concept space in the common area, creating division between the chef’s kitchen and living room.

Other perks: Tall hedges create a natural privacy screen for the home’s outdoor settings, including a large covered patio, a swimming pool and a garden.

Represented by: Cristina Martínez, Immobiliaria Rimontgo


Immobiliaria Rimontgo is an exclusive member of Forbes Global Properties, a consumer marketplace and membership network of elite brokerages selling the world’s most luxurious homes.

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