Spanish investment firm Baraka Group have announced their plans for a “luxury goods” commercial centre to be constructed in Puerto Banus.
The group have acquired a 3,500 sq/m plot of land close to El Corte Ingles and the Cristamar shopping centre. The plot currently houses the headquarters of OHL and the sales offices for Los Granados but will be redeveloped to house some of the world’s top brands.
Baraka say they have already spoken to many luxury brands and the location of the land has attracted interest from the likes of Armani and Versace The new mall will cover an area of around 3,000 sq/m.
Including the purchase of the land, the Group estimates the total spend on the project to be around 20 million Euros creating much needed jobs for the Costa del Sol.
As a holding company the Baraka Group has various interests across Spain including investment property, rental housing, supermarkets and shopping centres. The group recently purchased the building of Peugeot, Spain, for around 6 million Euros and also acquired buildings from Alstom – a world leader in electrical infrastructure and rail transport – for around 60 million Euros.
Puerto Banus is a very small town. You can walk from one end to the other in around 10 minutes and there are already 3 large shopping centres (el Corte Ingles, Cristamar and Marina Banus) so I wonder if this is such a good idea. Saying that, the Baraka Group seem to have a pretty good success rate in site acquisition and development so I’m sure they’ve done their homework. However, you can already buy Armani, Versace and most other designers overpriced products in the current stores. Also, front-line Puerto Banus is lined with similar boutiques from the likes of Armani, Jimmy Choo and Louis Vuitton.
1 Bed apartment for sale – Front-line beach complex in Puerto Banus, Marbella – Ref: MFSA805
A spacious west facing 1 bed apartment in a front-line beach complex in Puerto Banus. The best location you can find in the area, as the hussle and bustle is far enough but walking distance. Amazing views overlooking the lush garden and pool of the development as well as the sea and beach. Fully fitted kitchen comes with the property and there is AC throughout as well as a fireplace. Possibility to rebuilt into a 2 bed if desired. This apartment has incredible rental potential!
Whilst the Costa del Sol may conjure up images of mass tourism, many visitors are surprised to find that this region also boasts a wealth of exclusive and luxurious destinations. Spoil yourself with a luxurious road trip along the 100-mile coastline of the Costa Del Sol and enjoy a landscape that includes spectacular mountain scenery, views of the Rock of Gibraltar, the coast of Northern Africa and the Sierra Nevada Mountains. Whether you drive along the coast or head inland, amongst the natural beauty and traditional villages, you will find luxurious resorts, fine dining, golf courses and some serious fun.
First of all, head to Puerto Banus, a luxurious resort built in 1970, just 6km from the town of Marbella, 64km south of Malaga. Starting out as a luxury marina and shopping centre, today it is a major destination and a magnet for the super rich, with seemingly endless mega-yachts docked at the marina and streets chock-a-block with luxury cars. Set against a dramatic mountain backdrop, you can’t help but be impressed by the glitz and glamour of this town. Puerto Banus is always bustling and full of upmarket bars and restaurants, boutiques including D&G and Dior and a casino. This is a prime party location, attracting a young, sophisticated and rich clientele whose main aim is to be seen. There are some great restaurants, including the meat lovers’ delight, Tango or the celebrity hangout of the Red Pepper and some even better nightclubs such as the hugely popular and pricey Olivia Valere.
A few miles away from Puerto Banus is the exclusive town of Marbella. A luxurious destination for rich European tourists, it successfully combines history and culture with flashy marinas, restaurants and beaches. Those who enjoy a bit of culture should try to get to a performance at the amphitheatre or enjoy an afternoon stroll through the historic old town, a charming place with cobbled streets, whitewashed buildings and outdoor cafes. If however you prefer a day of pampering and partying, a visit to the exclusive Nikki Beach resort will be a highlight. One of the most glamorous destinations in Marbella and a great way to enjoy the beach in style, try to make it for one of Nikki Beach’s ‘Amazing Sundays’ with DJ’s, live music, great cocktails and oodles of beautiful people.
If partying is not quite your thing, a short drive will bring you to Nueva Andalucia, also known as the ‘golf valley’. With warm weather all year round, this region is perfect for golf and the exclusive Aloha Golf course should be at the top of your list. Designed by Javier Arana, it is one of the best courses to play on in Spain. Set within beautiful surroundings that have been lovingly landscaped, this is a well maintained golf course that most golfers will find an enjoyable challenge, whilst the terrace has amazing views and is a wonderful place to sit and enjoy a leisurely lunch.
And if it is natural beauty that you are looking for, you can’t go wrong with a trip to Benalmadena. The town is located around 20km from Malaga and boasts spectacular views across the coast from the top of the Calamorro Mountain. There is a cable car from the town that lifts you slowly up the side of the mountain, allowing you to enjoy breathtaking views as you rise 800 metres to the summit. On a clear day you can see Gibraltar and the coast of Africa.
There are some truly luxurious options for accommodation on the Costa del Sol, including the hotel resorts of Gran Melia Don Pepe, just a few kilometres from Marbella or the Don Carlos Leisure Resort, right next door to Nikki Beach. For something a little different there are a good selection of boutique hotels, including Hotel Claude, a charming 17th century townhouse in Marbella that has been refitted to combine exclusive modern design with the original features and the fashionable Marbella Heights Boutique Hotel, located on a hill above Marbella with stunning sea views and glorious surroundings.
With well-maintained roads, fast highways connecting the cities and major towns and plenty of wonderful scenic routes to travel, exploring the Costa del Sol by car is great fun and with companies now offering extremely competitive prices for car rental in Malaga and locations across the Costa del Sol, driving a luxury car is much more affordable. With cars designed for extreme comfort and fitted with all the latest entertainment systems and safety features, it is likely that you enjoy the drive as much as the destination.
Heather Reid is marketing manager for Bingo Car Rental, specialists in low cost and luxury car rental in locations across Spain and Europe.
Puerto Banus will be hosting the 2nd edition of the Marbella Luxury Weekend, scheduled to be held from 31 May-3 June. Following the success of the first edition of the show, with the participation of the most prestigious luxury firms of this exclusive part of town, the Marbella Luxury Weekend is all set to welcome back those hankering after style and elegance.
During the four-day show, not only will the shops and boutiques extend their opening hours until well into the night, but the port will also be alive with music, fashion shows and passacaglias attracting hundreds of visitors from all over the world.
There will be two spacious VIP areas catering to all the needs of the most select guests in a magical ambience. Other exclusive activities will take place both inside the numerous boutiques participating in the event and in the marquees erected in front of them along the promenade. And besides Puerto Banus’ shops and boutiques, this first event to welcome in the summer will also include the marina’s top restaurants, which will be preparing special dishes for the passersby.
In addition, the Cars & Arts Luxury Show, a sports and luxury car exhibition, will be must for car enthusiasts and other visitors, alike. The Guarnieri Group’s Malaga Porsche Centre will be exhibiting the “Gomez Collection” exclusively at the Marbella Luxury Weekend. This collection comprises 24 Porsche 911 GT2 bonnets that the Argentinean collector Jorge Gomez commissioned from 19 plastic artists, who used them as aluminum canvasses for their works of art. The bonnets have previously been exhibited at the Stuttgart Porsche Museum and at three venues in Buenas Aires: the Alvear Hotel, the Maman Gallery and the Autodromo.
As part of the Marbella Luxury Weekend, the 1st La Zagaleta “Brand and Trend” Forum will take place at the Marbella Congress Centre from 1-2 June.
During the two-day forum, executives from L’Oréal, Skype, Starwood Hotels, UBS, Melia Hoteles, KPMG, Tiffany and Inditex, among others, will be participating in a number of roundtable discussions so as to share their strategic, business and marketing vision as regards the hospitality, service, leisure, luxury, technology and fashion industries.
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Fantastic Beachside villa within walking distance to Puerto Banus!!OFFERS ARE INVITED !OWNER WANTS TO SELL! Great 5 bed villa on second line beach, 10 minute walk along the Promenade of Puerto Banus, has 4 bedrooms and three bathrooms plus another bedroom with bath as servants quarters . Two bedrooms on the first floor en suite bathroom, with double roofs with jacuzzi and private terrace.
1 Bed Apartment For Sale in Puerto Banús – Ref: MFSA462
Apartment in the heart of Puerto Banus with communal pools and gardens, direct access to the gardnes, beach and Puerto Banus. Ground Floor Apartment, Puerto Banús, Costa del Sol. 1 Bedroom, 1 Bathroom, Built 0 m². Setting : Commercial Area, Beachside, Close To Golf, Close To Port, Close To Shops, Close To Sea, Close To Town, Close To Schools, Close To Marina, Urbanisation. Orientation : South, South West.
Puerto José Banús, or Puerto Banús is a marina located in Nueva Andaluica, just west of Marbella on the Costa del Sol.
It was built in the late 60’s/early 70’s by Jose Banús and was inaugurated in May 1970 to the sounds of a young Julio Iglesias. The plan was for a luxury marina and shopping complex and it has since become one of the most popular destinations for tourists in Europe attracting over 5 million annual visitors.
Its position on the Costa del Sol means it is protected by the Sierra Nevada mountain range giving it a mean annual temperature of 18°C. Add this to the many beaches and you have a perfect destination for sun worshippers. The beaches are long and wide so rarely overcrowded and water-sports are plentiful. Kite-surfing, volleyball, jet-skis and surfing are all popular.
The small white buildings are typically Andalusian and the many small bars and restaurants located around the marina were built with the Spanish “al fresco” dining in mind. Most, if not all of the restaurants on the marina offer outside or open dining.
To eat and drink in Puerto Banús is an experience. From Chinese to Japanese and Russian to Persian, serving everything from burgers to fresh sushi there is something to suit everyone. Of course seafood is a very popular cuisine on the coast and you will find it fresh and well prepared.
Puerto Banús is well known for attracting the rich and famous and the streets are testament to this with the likes of Christian Dior, Gucci, Bvlgari, Versace, Dolce & Gabbana and others plying their trade. Meanwhile, Ferraris, Lamborghinis, Bentleys and Aston Martins line the streets. Head to the marina and marvel at the size of some of the private yachts there. From 5m to 50m, there are some impressive craft to be seen. You can also buy one as there are a few yacht retailers located around the marina.
There are plenty of hotels to choose from in the Puerto Banús area although not too many in the center. The Pyr is well located close to the marina and the main shopping area and although in Banús, is well priced. Locally there are numerous hotels including several that are listed in The Leading Hotels of the World. These include the Hotel Puente Romano and Hotel Marbella Club. Hotel Marbella Club has been cited as possibly the finest hotel on the Costa del Sol. It consists of numerous whitewashed Andalusian-style buildings, bungalows, and suites set in manicured sub-tropical gardens.
Property is at a premium in Puerto Banús for a few reasons; there isn’t much of it and it’s in high demand. Due to its size there hasn’t been any new development in the port for many years – there is nowhere left to build! Prices are high for property and you could expect to pay over half a million euros for a 2 bed apartment around the marina. Many of the urbanisations in the area are luxurious with all mod cons and unparalleled views of the sea and the mountains.
Pop down to the Costa del Sol for the summer – Puerto Banús has plenty to offer and you will find it hard to get bored. Eat in some of the finest restaurants in Spain, drink in some of the most exclusive bars and rub shoulders with the stars. Head out on the Mediterranean on one of the many organised excursions available for whale watching or dolphin spotting, or just sail into the sunset. Take the family for a picnic on the beach, or leave the kids at the hotel and have a romantic meal by the light of the moon.
Puerto Banús is definitely a destination you’ll enjoy and you’re sure to remember your visit.
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Middle Floor Apartment on Puerto Banús’ front line, overlooking the harbour. The apartment has 1 Bedroom, 1 Bathroom and is built to 100 m² with an additional 15 m² terrace. Setting : Town, Commercial Area, Beachside, Port, Close To Golf, Close To Shops, Close To Sea, Marina. Orientation : South. Condition : Excellent. Climate Control : Air Conditioning, Fireplace. Views : Sea, Port, Panoramic, Street. Features : Covered Terrace, Private Terrace, Ensuite Bathroom, Marble Flooring, Jacuzzi.