The property market in Marbella, Málaga

Marbella is known for being one of the most exclusive areas of the Costa del Sol, located in the province of Malaga, Spain. The property market in Marbella has traditionally been driven by the demand for luxury holiday homes, and has experienced a significant increase in recent years. The average price of a house in Marbella is around 1.5 million euros, although this can vary depending on the location, size and characteristics of the property. The Puerto Banús area is one of the most expensive, with prices that can exceed 5 million euros for a luxury property. The property market in Marbella is attractive to foreign investors, especially from the UK, Scandinavia and Russia. The demand has led to the construction of new luxury residential developments, many of which offer panoramic views of the sea and exclusive services such as swimming pools, gardens and private security. However, it is important to note that the COVID-19 pandemic has affected the property market all over the world, including Marbella. Despite the drop in sales during the first months of the pandemic, the market has recovered in recent months, although pre-pandemic levels have not yet been reached. In summary, the real estate market in Marbella is attractive for foreign investors looking for luxury properties in a privileged location. However, it is important to closely monitor market developments and take into account the possible effects of external factors, such as the COVID-19 pandemic.

Home sale price data for Marbella has been sourced from the Idealista property portal database.

The price per square metre of homes for sale by district in Marbella has been sourced from the Idealista property portal database.