Marbella is not just a place, it is a way of life. The glamorous resort town offers the glitzy, high octane social scene beloved of European royalty, Hollywood stars, and the world’s sporting heroes, combined with the unique and very Spanish, relaxed lifestyle of outdoor living in a wonderful climate.
Many of us first experience Marbella as a magical holiday destination with perfect weather, fantastic scenery, great shops, tasty cuisine and the legendary Spanish nightlife, but more and more people are choosing to live the dream by making a permanent move to the area. With choices to suit all budgets, in locations that can be as central or as secluded as you want, it’s a chance to experience a better quality of life and a more relaxed living for your retirement or even before, while if you want to invest, luxury real estate is an attractive option.
Quality of life
The Mediterranean climate means that the temperature is reasonable in both Summer and Winter, allowing residents to enjoy the stunning beaches all year round, in one of the most popular resorts in the world. Moreover, Marbella benefits from a modern infrastructure, with top-class medical facilities and highly regarded international schools, designer shopping, a lively social scene and World-class cuisine, the best golf courses, all within easy reach.
The Entrepreneurs Act, passed at the end of 2014, granting permits for foreign nationals who conduct real estate acquisitions in Spain for amounts equal, or greater than Euros 500,000. It is one of the key areas of public interest in foreign investment in Marbella.
The real estate market in Marbella was the first place in Spain to recover from the recent recession and proved, once again, the stability of the market. Renewed confidence in real estate has seen more and more individuals purchasing properties, while the rental market
has followed suit, as well as many international investors. This upward trend towards a more dynamic real estate market looks set to continue in the coming years.
Who is Buying Properties in Marbella?
The buyer profile for the property market in Marbella is a diverse one. In addition to Spanish nationals searching for a second home in Marbella, many other nationalities are acquiring second homes and holiday properties in Marbella, with its fantastic infrastructure, 320 sunny days a year and all the benefits of a luxury holiday resort. Buyers from Britain, France, Germany, Belgium, Russia, as well as from all the Scandinavian countries are increasingly turning towards Marbella in their search for a second home and vacation properties, with the intention to buy or rent. Marbella is considered as a stable and secure place for investment in the long term. The average age of the buyers is between 35 and 60 years. Marbella itself offers many international schools, superb beach clubs, chic 5-star hotels and many golf courses.
Buying an Apartment or Villa in Marbella
If you’re looking to buy or acquire a rental property in Marbella, contact us today. We offer a wide portfolio of properties – including houses, villas, flats, penthouses, duplex apartments and fantastic off-plan properties – located in some of the most exclusive and sought after areas of Marbella.
Once again many new developments are coming into the real estate market in Marbella. Beautifully designed apartment resorts in gated communities, as well as new-build modern villas for sale. The Engel & Völkers development department will advise you on the best investment opportunities and a suitable new home for you and your family.
Free Valuation for your Apartment or Villa in Marbella
The Engel & Völkers shops in Marbella can appraise your house, apartment or any other residential property for free and without further obligation. If you wish to sell your property or are looking to rent out your real estate, contact us today for more information and further guidance.