Is it worth buying a property in Marbella?

Most of Marbella's properties are considered to be of the highest quality. European citizens invest in holiday homes rented out during their time out of the country, which works very well. Non-EU citizens also come for the Golden Visa, which is easy to obtain if you buy luxury properties.



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Although the total number of real estate transactions (purchases and sales) is expected to fall by about 15 per cent in 2023, the decline in house prices will be only 0.9 per cent, according to Atlas Real Estate. 2022 will end with an average price of €1,706/m², 2.9 per cent higher than in 2021.

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Marbella is protected by the Sierra Blanca Mountain range, producing a microclimate that makes the blazing Iberian heat less oppressive in the summer and one of the sunniest destinations in Europe during the winter. There is plenty of partying to be done, but heavyweight culture is also easily accessible.

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The Golden Mile The area actually stretches about 4 miles (6½ kilometres) along the coast between the Old Town and the harbour of Marbella and Puerto Banús. This is the most exclusive district on the entire Costa del Sol, with grand villas, high-end retail, opulent dining and chic nightlife.

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Marbella is known for its glamorous lifestyle and luxurious amenities. The city is home to several exclusive areas where the rich and famous reside and spend their leisure time.

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Due to this international and luxury attraction, the average price of property in Marbella is one of the highest on the Costa del Sol, finding very exclusive homes in well known nearby areas such as Benahavís, Guadalmina, Nueva Andalucía, San Pedro de Alcántara, Elviria, Puerto Banús, Sierra Blanca and Marbella itself, ...

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Celebs like Cristiano Ronaldo, Alessandra Ambrosio, Victoria and David Beckham, Meghan Markle, Brad Pitt, Angelina Jolie can be seen at the Gala. Eva Longoria also has her residence in Marbella, and you may casually bump into her during your evening walks.

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A magnet for celebrities, at La Sala By The Sea you may find yourself rubbing shoulders with international footballers, actors and pop stars such as David Silva, Ricky Hatton, Jeff Stelling, Anthony Hamilton, Callum Best, Tinie Tempah and Sylvie Van Der Vaart to name a few.

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Some popular regions for budget-friendly property include Andalusia, Murcia, and Castile-La Mancha, amongst others. In these areas, you can find houses and apartments for sale at prices that are significantly lower than in more expensive areas such as Madrid, Barcelona or the Balearic Islands.

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