Casablanca Property Prices in 2026: Notarial EUR/m2 at Marbella's Price Summit

In Casablanca, a gated beachfront villa community on Marbella’s Golden Mile, the registered sale price, what buyers actually paid at the notary, averaged 9,474 EUR/m2 across all property types in June 2026, with villas at 10,619 EUR/m2 and apartments at 8,892 EUR/m2 (listyco notarial data, 2026-06, Consejo General del Notariado). New-build villa prices are n/a for the zone this month. The defining detail: both villas and apartments register well above the broader Marbella average, making Casablanca the most expensive notarial zone in Marbella on the all-type measure, a price summit driven by beachfront scarcity and a community that rarely turns over.

What did property actually sell for in Casablanca in 2026?

Registered notarial sales averaged 9,474 EUR/m2 across all property types in June 2026: 10,619 EUR/m2 for villas and 8,892 EUR/m2 for apartments (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 beachfront enclave actually changed hands for.

Property type	Registered price (EUR/m2), Casablanca, June 2026
All property types	9,474
Villas	10,619
Apartments	8,892
New-build villas	n/a

Source: listyco notarial data, 2026-06 (Consejo General del Notariado). New-build villas are n/a this month: no reliable figure is available for the zone.

What kind of place is Casablanca?

Casablanca, whose name translates as “white house” after the white-walled villas that line its streets, is one of the smallest and most exclusive residential addresses on the Costa del Sol. It sits on the beach side of the N-340 coastal road, between the Marbella Club hotel and the entrance to Marbella town, placing it at the heart of the Golden Mile but entirely separate from the hotel-anchored commercial strip below.

The community is gated and consists entirely of private villas set along tranquil, leafy streets with little or no passing traffic. The most fortunate properties occupy a first-line beach position with direct access to the sand, the promenade and the sea. Residents can walk west along the coastal pathway toward Puerto Banús or east toward Marbella’s old town and its Plaza de los Naranjos, both reachable on foot. The Puente Romano Beach Resort, with its tennis club, restaurants and beach club, sits on the doorstep, while the Marbella Club sits a short stroll to the west.

The practical infrastructure is unusually complete for such a small community. A Lidl and a Carrefour supermarket sit directly in the area, both open daily in summer including Sundays. The La Canada shopping centre, with hundreds of stores and cinemas, is a couple of minutes by car. Hospital facilities at Quiron Marbella and Hospital Ochoa are five minutes away. International schools including Aloha College, Swans and San Jose sit within a five-minute drive. The zone has a 24-hour pharmacy and a maritime boat entry for water sports access. This density of amenities within a gated villa-only setting is what separates Casablanca from every other Golden Mile sub-area: it is not a hotel district or a golf resort, it is a self-contained residential enclave at the beach.

Why is Casablanca the most expensive notarial zone in Marbella?

Three structural forces push Casablanca’s registered sale prices to the summit of the Marbella notarial table.

Fixed beachfront supply. Every property in Casablanca sits on the beach side of the coastal road. No new beachfront land can be created, and the existing villa stock is rarely redeveloped because the land beneath each property is worth more than the building on it. The community is built out, gated and established, so the supply of transacting properties is thin. When a villa does come to market and sells, it registers at a price that reflects the scarcity of the address rather than the broader market tempo.

The villa-only character. Unlike the wider Golden Mile, which mixes beachfront apartments, inland townhouses and hotel-adjacent blocks, Casablanca is a community of detached villas. The villa figure of 10,619 EUR/m2 reflects properties with generous plots, private pools and direct beach access, the scarcest residential product in Marbella. The apartment figure of 8,892 EUR/m2 is similarly elevated because the apartment stock within the zone shares the same prime beachfront position as the villas.

Established, low-turnover ownership. Properties in Casablanca rarely come to market because owners hold for the long term. The community has been settled for decades, with international families passing homes between generations or refurbishing rather than selling. Low turnover means the transactions that do register at the notary are disproportionately prime, fully renovated or rebuilt properties, which lifts the registered average above zones where a wider mix of stock transacts.

How does Casablanca compare to its neighbouring zones?

Casablanca’s premium is best read against its immediate neighbours, all measured on the same notarial basis in the same month. The table below sets the registered EUR/m2 side by side, like for like across all property types, apartments and resale villas.

Zone	All types (EUR/m2)	Apartments (EUR/m2)	Resale villas (EUR/m2)	Gap vs Casablanca (all types)
Casablanca	9,474	8,892	10,619	baseline
Las Lomas de Río Verde	7,469	9,013	4,972	-21%
Marbella Golden Mile	6,343	7,591	4,640	-33%
Puerto Banús	5,494	5,494	4,907	-42%
La Carolina	5,078	4,720	5,847	-46%
Aloha	4,814	4,619	4,985	-49%
Nueva Andalucía	4,293	4,591	3,960	-55%
San Pedro de Alcántara	3,447	3,273	3,444	-64%

Source: listyco notarial data, 2026-06 (Consejo General del Notariado). Resale villa figures are villa_old; new-build villa is n/a for all zones shown. Percentage gaps rounded.

Two insights emerge from the comparison that a buyer cannot get from a listings portal. The first is that Casablanca’s premium is widest on the all-types line and narrowest on the apartment line. Las Lomas de Río Verde, its closest Golden Mile neighbour, registers roughly 21 per cent below Casablanca on the all-types measure, but its apartment figure is within roughly 1 per cent of Casablanca’s. The reason is stock mix: Las Lomas de Río Verde is apartment-heavy (its villas are roughly 53 per cent below Casablanca’s), so its all-types average is pulled down by volume, while its apartments are thin, newer and beachfront-adjacent, closing at a comparable per-metre level. Casablanca’s premium on the all-types line is therefore a villa-stock effect, not a uniform per-metre premium across every property type.

The second insight is the villa-line stratification. Casablanca’s resale villa figure of 10,619 EUR/m2 is roughly 114 per cent above La Carolina’s and roughly 113 per cent above Aloha’s, a far wider gap than the all-types line suggests. A buyer weighing a villa is choosing between a fixed beachfront position inside a gated villa-only enclave and a golf-valley or inland position at roughly half the registered per-metre price. A buyer weighing an apartment sees a much narrower gap, because the apartment stock in the prime Golden Mile sub-zones shares the same beachfront proximity that drives Casablanca’s villa premium.

Who buys in Casablanca and what sustains the price level?

The buyer profile is narrow and international. Casablanca attracts HNW second-home owners and relocators from the UK, Nordic countries, the Middle East and northern Europe who want a beachfront villa within walking distance of both the old town and the hotel zone, inside a gated community with no through-traffic. These are not buyers searching for a golf-front apartment or a hillside view property; they want the beach, the walkability and the privacy, and Casablanca is the only place on the Golden Mile that delivers all three in a villa-only setting.

The price level is sustained by the same forces that created it. Marbella’s population reached 166,999 at the end of 2024 according to the town hall’s padron figures, with nearly 90 per cent of new residents arriving from outside Spain (Ayuntamiento de Marbella), and Casablanca’s international buyer base sits within that inflow. The zone also benefits from its rental appeal: the beachfront position and hotel proximity support strong seasonal occupancy for owners who let part of the year, which underpins the investment case for buyers weighing a purchase against holding costs. For the rental yield picture, the beachfront position supports premium seasonal rents.

How does Casablanca relate to the wider Golden Mile?

Casablanca sits within the broader Golden Mile but registers roughly 49 per cent above it on the same notarial measure (listyco notarial data, 2026-06, Consejo General del Notariado). The Marbella Golden Mile property prices guide covers the beachfront strip as a whole, where hotel-anchored apartments and inland villa communities mix to produce a broader average. Casablanca is a tighter, more concentrated slice of that strip: villa-only, gated, fully beachfront, with no hotel or commercial frontage diluting the residential character.

To the north, the Nueva Andalucía Golf Valley offers a different proposition: golf-front villas and apartments across a larger area with a wider price range, pricing roughly 55 per cent below Casablanca on the all-types notarial measure. Buyers who want space, a golf-front position and more stock to choose from gravitate to Nueva Andalucía; those who want the beachfront promenade and the gated villa exclusivity lean toward Casablanca. The two zones serve the same international prime buyer pool but answer different lifestyle questions. The Puerto Banús marina-front market registers roughly 42 per cent below Casablanca on the same measure, a different product again: a marina-front apartment and commercial zone rather than a gated residential enclave. The Aloha golf-valley centre sits roughly 49 per cent below, and the San Pedro de Alcántara town-centre market roughly 64 per cent below, both representing the value tier of the Marbella market.

What distinguishes the Casablanca sub-pockets?

Casablanca is small enough that its sub-pockets are defined by position within the enclave rather than by distinct neighbourhoods. The first-line beach villas, those with direct sand and sea access, anchor the top of the villa range and are the scarcest product in the zone. They rarely transact, and when they do the per-metre figure is a one-off that reflects the plot value and the renovation standard rather than a market average. The second-line villas, set one row back from the beach with sea glimpses rather than full frontage, trade at a discount to the first-line figure but still well above the broader Golden Mile villa average. The apartment stock, concentrated in a small number of low-rise blocks near the entrance to the enclave, is the only non-villa product in the zone and its 8,892 EUR/m2 figure reflects the same beachfront proximity that drives the villa premium, applied to a different built form.

The practical effect is that a buyer evaluating a Casablanca property is choosing a position within a single enclave, not a neighbourhood within a wider market. The premium attaches to the beachfront position and the gated-villa exclusivity, and the sub-pocket variation is about how much beach and how much privacy a specific property delivers, not about a different address or a different community character. This is what distinguishes Casablanca from the La Carolina Golden Mile zone, where the sub-pockets (beachfront, commercial and residential) carry genuinely different price levels and buyer profiles.

How does the wider Spanish market affect Casablanca’s 2026 prices?

Casablanca’s registered average does not move in isolation. Two national indicators frame the broader market context. Tinsa’s IMIE Mercados Locales quarterly index rose 15.2 per cent year on year in the second quarter of 2026, with a 3.7 per cent quarterly advance, the highest annual rate since the third quarter of 2006 and 11.8 points above general inflation (Tinsa, published 30 June 2026). The INE’s Housing Price Index rose 12.9 per cent annually in the first quarter of 2026, with new-build prices up 9.1 per cent and second-hand prices up 13.5 per cent, a 3.5 per cent quarterly advance on both segments (INE, base 2025).

The local benchmark is Tinsa’s Marbella city figure, which averaged 3,694 EUR/m2 in the second quarter of 2026 on Tinsa’s IMIE valuation index, up 18.31 per cent year on year (Tinsa). Casablanca’s 9,474 EUR/m2 registered average sits roughly 157 per cent above that municipal benchmark, a premium consistent with its position as the most concentrated prime stock in Marbella. The municipal figure spans the whole of Marbella, including lower-priced inland districts, which is why it falls well below Casablanca’s zone-specific registered average. The Lomas de Marbella Club estate sits in a similar Golden Mile position but registers roughly 39 per cent below Casablanca on the all-types line, a measure of how much the villa-only, gated, fully beachfront character concentrates the premium.

What should a buyer make of the gap between registered and estimated values?

Registered notarial prices sit below both asking prices and valuation estimates across the Costa del Sol because they capture every signed deed across the full transaction mix rather than the prime, newly listed stock that drives headlines. Casablanca is no exception. A model estimate from listyco market-stats places current Casablanca valuations around 14,368 EUR/m2 across 131 samples, 130 of them high confidence (model estimate, not a sale price). The 9,474 EUR/m2 registered average is the figure that reflects completed sales.

These two numbers answer different questions. The notarial figure tells you what closed at the notary this month; the model estimate gauges current value across the standing housing stock. Read together they form an honest range: what sellers ask, what the stock is estimated to be worth, and what actually sold. For Marbella-wide context, Tinsa’s Q2 2026 data puts the average finished-housing price in the municipality at 3,694 EUR/m2, up 18.31 per cent year on year (Tinsa). That municipal figure spans the whole of Marbella, including lower-priced inland districts, which is why it falls well below Casablanca’s zone-specific registered average.

A buyer evaluating a Casablanca property should start from the 9,474 EUR/m2 registered average and adjust upward for a first-line beach position, a sea view, a fully renovated interior or a larger plot. Asking prices will run above the registered figure; the registered figure is what comparable homes actually closed at. The n/a on new-build villas means the new-build market here is too thin to benchmark, so any new-build price encountered is a one-off asking price rather than a comparable registered sale. For the full acquisition-cost breakdown, including the 7 per cent Andalusian ITP on resales, see the cost of buying guide.