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The history of Puerto Banús

In this blog, we will take a look at the history of Puerto Banus, from its founding to its present-day status as one of the most sought-after vacation destinations in Spain. Puerto Banus is a relatively modern development that was created in the 1970s by the famous Spanish developer, Jose Banus. The area was once a small fishing village called Nueva Andalucia, located just a few kilometers from the historic town of Marbella.

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At the moment the marina is known for its exclusive boutiques, high-end restaurants, and lavish yachts. Puerto Banus attracts visitors from all over the world who are looking for a glamorous and exciting vacation experience.

Jose Banus envisioned creating a luxury marina that would rival the most exclusive ports in the world, attracting wealthy visitors and celebrities to the area. He commissioned the renowned architect, Noldi Schreck, to design the marina, which features a unique design inspired by traditional Andalusian architecture.

The marina was officially opened in 1970 and quickly became a popular destination for the rich and famous. It was also a catalyst for the development of the surrounding area, with luxury apartments, villas, and high-end boutiques and restaurants popping up around the marina.

What to do in Puerto Banús?
Night Clubs

What to do in Puerto Banús?

Night Clubs

We love Puert Banús, even though Puerto Banús sometimes has a wrong name. We think this is partly due to the many Lamborghinis, huge yachts, Rolex and champagne bottles that are flying around your ears around Puerto Banús.

The Founding of Puerto Banus

The idea for Puerto Banus was born in the 1960s when local businessman José Banús decided to build a luxury marina in the coastal town of Marbella. Banús saw an opportunity to attract the rich and famous to the area by creating a marina that would rival those in the French Riviera.

The Developer

José Banús Masdeu was born in Masó, Taragona in 1906 and left school at fourteen to work with his father, a constructor. The father-son team moved to Madrid and founded ‘Construcciones Molan y Banús’, which won a contract to build the access road to Valle de los Caidos. In the late 1950s, he purchased the land between the Guadaliza and Verde Rivers. His plans for the touristic development and promotion of the land were awarded in 1964, reportedly to build the ‘Centre of National Tourist Interest of Andalucía la Nueva (Marbella)’ and commercialize it for 99 years in the name of his company, José Banús SA.

The Architects:

Banús commissioned architect Antonio Lamela to prepare preliminary designs for a new marina. It would be the first marina on the Costa del Sol and the first in Spain to be built with private capital. Lamela’s designs featured a futuristic semicircle of six 16-storey tower blocks. On hearing of the project, Alfonso Hohenlohe, founder of the Marbella Club Hotel, was horrified and stated: “If this project goes ahead, I will sell my hotel and leave Marbella with all my family and friends.” A conciliatory meeting between him and Banús was orchestrated by Monseñor Rodrigo Bocanegra, after which Hohenlohe compromised by telephoning his favorite Architect Noldi Schreck in Mexico city to co-develop a project with Banús. He enlisted the help of architect Noldi Schreck to design the marina, which was built on a former fishing village.

Puerto Banus in 2023

Puerto Banus in 2023

The history of Puerto Banús

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Puerto Banus in 2023

The history of Puerto Banús

Expand gallery
Puerto Banus in 2023

The history of Puerto Banús

Expand gallery
Puerto Banus in 2023

The history of Puerto Banús

Expand gallery
Puerto Banus in 2023

The history of Puerto Banús

Expand gallery
Puerto Banus in 2023

The history of Puerto Banús

Expand gallery
Puerto Banus in 2023

The history of Puerto Banús

Expand gallery
Puerto Banus in 2023

The history of Puerto Banús

Expand gallery
Puerto Banus in 2023

The history of Puerto Banús

Expand gallery
Puerto Banus in 2023

The history of Puerto Banús

Expand gallery
Puerto Banus in 2023

The history of Puerto Banús

Expand gallery
Puerto Banus in 2023

The history of Puerto Banús

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Early Development

Puerto Banus was officially opened in May 1970, and it immediately began to attract a high-end clientele. The marina was designed to accommodate luxury yachts, and it quickly became a popular spot for wealthy boat owners. In addition to the marina, Banús also built a commercial center that featured exclusive boutiques and upscale restaurants. The commercial center was modeled after the famous La Croisette in Cannes, and it became a popular destination for wealthy shoppers.

Puerto Banús Opens

Puerto Banús had two inaugurations in 1970. The much more publicized opening party was attended by 1,700 people, including Prince Reiner of Monaco and Grace Kelly, Shāh Karim al-Husayni (Aga Khan IV) creator of Porto Cebo in Italy, and international celebrities.

Oil Crisis, 1973

In 1973, there was an oil crisis that caused Puerto Banús to lose money. But in 1978, after gambling was allowed again in Spain, Banús opened a new casino Torre del Duque, complete with restaurant, swimming pools, and Beach Club..

However, the casino alone was not enough to make up for the losses. So, in 1980, Banús sold parts of Nueva Andalucía and Puerto Banús to King Fahd of Saudi Arabia, which led to the construction of the Benabolá complex. He also sold Las Brisas Golf and the eastern half of Nuevo Andalucía in 1981 to avoid foreclosure from bank loans. He relocated the casino to the west wing of Hotel Andalucía Plaza and sold the operating rights.

Banús died in 1984 without children, and his wife died in 1992. The inheritance passed to the family of his brother Juan, and his children have since been in a dispute over the distribution of the inheritance.

New President

Alberto Vidiella Tudores became the President and majority shareholder of the Puerto José Banús SA company.

Coastal Law

Back in 1988, under ‘la Ley de Costas’ (coastal law), all private beaches and marinas were declared public, and ownership changed to time-based concessions. In the case of marinas, this was 30 years.

50th Anniversary

2020 was the 50th anniversary of Puerto Banús. Marbella Town Hall commissioned a 350,000 € video and promotional campaign to celebrate the anniversary, but due to the coronavirus pandemic, the anniversary passed largely unnoticed.

Evolution into a Vibrant Destination

Over the years, Puerto Banus continued to grow and evolve into the vibrant destination it is today. The marina has expanded to accommodate even larger yachts, and the commercial center has continued to attract high-end retailers and restaurants. In addition to its luxury offerings, Puerto Banus has also become a popular spot for nightlife, with a wide variety of bars and clubs that cater to a diverse crowd.

Despite its popularity, Puerto Banus has managed to maintain its exclusive reputation. The marina is still a favorite spot for wealthy boat owners, and the commercial center continues to feature high-end retailers and restaurants. Visitors to Puerto Banus can expect to see some of the world's most expensive yachts, as well as celebrities and other high-profile individuals.

A day in Puerto Banus in 2023, a video impression

Puerto Banus, the most expensive port in Europe and home to many designer brands from Louis Vuitton to Christian Dior. We made a video impression of this luxury marina.

Conclusion

Puerto Banus has come a long way since its founding in the 1970s. What was once a small fishing village is now a world-class destination for luxury travel. The marina and commercial center have continued to evolve over the years, but Puerto Banus has managed to maintain its exclusive reputation. Visitors to Puerto Banus can expect to experience a unique blend of luxury, nightlife, and celebrity culture. It's no wonder that this glamorous destination continues to be a favorite among travelers from all over the world.