Landscape Value in the Spanish Costa del Sol’s Real Estate Market: The Case of Marbella

Housing prices are influenced by extrinsic and intrinsic factors. This study aims to highlight the economic impact of perceived landscape on single-family houses in a Spanish Mediterranean urban area (Marbella). Considering an important added value real estate markets, this also explores elements that contribute most housing. A particularly positive influence mixed views (urban scrub) sea is detected analysis. Sea highly requested local housing market, but due graded topographical layout Marbella, it not very difficult have for houses. The low importance natural land areas worth noting when one attractions municipality valued environment. Views old town centre somewhere between: although regarded, with generally good state preservation, sampled properties poorer quality perspectives, reduced visual basins centred foreground, usually opposite.