You might have thought about purchasing and so to invest in luxury Real Estate in Marbella for rental purposes, as a second home for vacation periods like the summer, or even as a residence for your retirement. Increasingly, both Spaniards and foreigners are asking Golden Partners how to invest in Real Estate in this Costa del Sol locality, known for its year-round good weather and booming Real Estate market.
According to the latest report by Gesvalt, Marbella is among the Spanish cities with the greatest growth potential, alongside Madrid and Barcelona, due to its capacity to attract high-end tourism.
In this post, we explain the current state of the Real Estate market in Spain, specifically focusing on luxury Real Estate in Marbella, the best locations for investment, and the benefits of investing in Marbella’s Real Estate.
Choose the property that best suits your investment needs.
Luxury Real Estate for sale in Marbella
The luxury Real Estate market in Marbella continues to show an upward trend in 2024. According to Idealista data, if you want to invest in luxury Real Estate in Marbella, please note the average price per square metre reached 4,812 euros in June 2024, a 13.7% increase compared to the previous year. This rise is driven by high demand for exclusive properties, attracting high-net-worth international buyers.
Despite the expected stabilization in interest rates, luxury Real Estate for sale in Marbella remains a secure and attractive investment. In fact, according to Bankinter forecasts, while a slight correction in general housing prices is expected, luxury properties maintain their appeal due to economic stability and growing interest from foreign buyers.
This positive trend is supported by increased connectivity and improved infrastructure, crucial elements for the sustainable development of the region’s Real Estate sector.
Invest in luxury Real Estate in Marbella: The best locations
Marbella is known for its exclusive luxury housing areas, each with unique features that make them ideal for investment.
The Milla de Oro, La Zagaleta, Puerto Banús, and Golden Hills offer a combination of prestige, privacy, strategic location, and high-end services. Investing in luxury Real Estate in Marbella in any of these areas guarantees an exceptional lifestyle along with solid property appreciation.
Milla de Oro
La Milla de Oro of Marbella is synonymous with opulence and exclusivity. This area extends from the centre of Marbella to Puerto Banús, hosting some of the most luxurious properties in Spain. With its proximity to beaches, high-end restaurants, and luxury boutiques, it is ideal for those seeking a life of comfort and prestige. Investing in luxury Real Estate in Marbella, especially on the Golden Mile, guarantees high appreciation and constant demand due to its privileged and prestigious location.
La Zagaleta
La Zagaleta is one of the most exclusive developments in Europe, located in the hills of Benahavís, just minutes from Marbella. This area offers extreme privacy, 24-hour security, and luxury amenities, including two private golf courses and an equestrian club. Luxury Real Estate in Marbella in La Zagaleta is highly coveted for its exclusivity and the quality of life it offers. Investment in this area ensures substantial returns due to constant demand and the limited availability of properties.
Puerto Banús
Puerto Banús is famous for its marina filled with yachts, designer boutiques, and vibrant nightlife. Properties in this area combine luxury with a strategic location, offering spectacular views and direct access to a variety of high-end services. Investing in luxury Real Estate in Marbella in Puerto Banús is a wise decision, as the area attracts a high-end international clientele, ensuring both a privileged lifestyle and solid resale value, as well as rental potential due to its prime location near luxury shops and beautiful beaches.
Golden Hills
Golden Hills is situated between Marbella and Estepona, offering a perfect balance between modernity and nature. Properties in this area, such as luxury penthouses, stand out for their panoramic views of the Mediterranean Sea and La Concha mountain. Residents enjoy exclusive facilities like private pools, gyms, and proximity to golf courses.
Investing in Golden Hills is a strategic opportunity due to its growing demand and the appeal of living in a tranquil yet well-connected location within the Costa del Sol. You can find more information about these 40 luxury homes, houses, and villas at this link.
Benefits of investing in Real Estate in Marbella
If, besides you wanto to invest in luxury Real Estate in Marbella, you wish to obtain residency in Spain, you can achieve this through the Golden Visa. This is a residence and work permit that, at least for the first two years, does not require you to prove your stay in Spanish territory.
In return, you could move freely within the Schengen area (up to 29 European countries), extend its benefits to your spouse and children, and access significant tax benefits under the well-known impatriate regime (also known as the Beckham Law), which subjects you to taxes as a fiscal resident in Spain only on your Spanish-sourced income at a reduced rate (with the sole exception of salary, which is taxed worldwide). Additionally, if you are interested in Spanish nationality, you can obtain it if you come from an Ibero-American nation or a country with historical ties to Spain, within two years.
Real Estate experts in Marbella
If you want to buy a house in Marbella, don’t hesitate any longer and contact our team at Golden Partners, experts will show you how to invest in luxury Real Estate in Marbella.
We have extensive experience in Spanish and European legislation, as well as registry and administrative practices.
We remain at your complete disposal in Spanish, English, or French through our contact form.
