Marbella, nestled on Spain’s sun-drenched Costa del Sol, is renowned for its luxurious lifestyle, pristine beaches, and vibrant culture. Whether you’re considering a holiday retreat, a permanent residence, or an investment opportunity, understanding the local real estate landscape is crucial.

Why Marbella?

Marbella has evolved beyond its reputation as a glamorous getaway. Today, it’s a dynamic hub attracting a diverse international community, including entrepreneurs, digital nomads, and families seeking a better quality of life. The city blends modern infrastructure with Andalusian charm — and with over 300 sunny days per year, it’s easy to see why so many fall in love with it.

Understanding the Costs

Buying a property involves more than just the purchase price. You’ll need to account for approximately 10–13.5% in additional costs. These include:

7% Transfer Tax for resale properties, or 10% VAT for new builds
Stamp Duty, typically 1.2% of the price
Legal fees (1–2%)
Notary and registry fees (about 1–1.5%)

It’s wise to budget beyond the list price to avoid surprises and keep your investment on track.

Financing Your Purchase

If you’re not buying in cash, Spanish banks offer mortgages to foreigners, usually up to 70% of the property’s value. Most banks require proof of income, a solid credit history, and a Spanish tax ID (NIE). Mortgage terms vary, so it’s best to speak to a few banks or mortgage brokers to compare offers.

Choosing the Right Location

Marbella is a collection of unique neighborhoods. Choosing the right one depends on your lifestyle and goals.

Golden Mile is known for its exclusive villas and beachfront living.
Nueva Andalucía is family-friendly, with great schools and golf courses.
Puerto Banús is perfect for luxury lovers and nightlife seekers.
San Pedro offers a more authentic Spanish vibe with local charm.

If you’re moving with family, proximity to international schools might be key. If it’s an investment, you’ll want to consider rental yield and market demand.

The Buying Process

Here’s how buying typically works in Marbella:

First, you sign a reservation agreement and place a small deposit to take the property off the market.

Next comes the due diligence phase, where your lawyer checks for debts, zoning issues, or missing paperwork.

Once everything is clear, you’ll sign the private purchase contract and pay around 10% of the price.

The final step is signing the public deed at the notary’s office, transferring ownership and receiving the keys.

Market Trends in 2025

As of early 2025, Marbella’s market continues to thrive. Demand is especially high in the luxury segment, with international buyers leading the way. Prices have risen steadily, with an average increase of 10–15% year-on-year.

Buyers are particularly interested in new-build homes and villas with sustainable features. Smart tech, energy efficiency, and private outdoor space are all in demand.

Sustainable Living is Gaining Ground

Eco-conscious living is on the rise. Buyers are asking for solar panels, heat pumps, and green building certifications. Developers are responding with smarter, more efficient homes — which often save money in the long run too.

Why Work with a Real Estate Agent?

Navigating this market can be overwhelming, especially if you’re new to Spain. A good agent can help you:

Access listings not always available online
Negotiate better prices
Avoid legal pitfalls
Coordinate lawyers, banks, and notaries

A local, experienced agent can make the entire process smoother, faster, and less stressful.

Let’s Start Your Search

Buying in Marbella is more than just a financial decision — it’s about creating a lifestyle you love. Your dream home is well within reach with the right support and a clear plan.

If you’re ready to explore options or just have questions, we’re here to help. Contact us