San Pedro de Alcántara is technically Marbella but feels like its own town — pedestrianised centre, weekly markets, lower prices than Marbella proper. The boulevard tunnel project a few years back transformed the seafront and lifted property values across the centre. From a rental perspective, San Pedro offers value in two directions: the budget-conscious family looking for Marbella access, and the long-stay winter visitor who wants infrastructure rather than a holiday-rental compound. Both segments are growing quietly.
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