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0Real estate in Marbella
The region of Andalucia in southern Spain is a magnet for international property buyers and investors. If you're on the hunt for an ideal home or are looking to buy an apartment in a location that combines the charm of sunny beaches with a sophisticated ambiance, then Marbella is one to consider. Nestled in the province of Málaga, this striking city with its well-preserved old town and stunning marina has earned the name “Costa del Glamour” due to its inherent elegance and the vibrant lifestyle it offers. Before initiating contact with a local real estate broker, it's essential to acquaint yourself with the current local property market, the types of properties available for sale in Marbella, and the associated costs of owning a vacation home in such a distinctive location. Known for its diversity, Marbella's real estate offers everything from luxury modern villas to traditional Andalucian-style homes. What sets Marbella apart is its uniquity and the encapsulating charm that lives in its streets, its people, and its architecture.
Marbella properties: Market trends overview
The real estate market of Marbella, nestled in the heart of Andalusia, Spain, has seen a consistent surge in prices, luring potential investors and buyers from around the globe, notably from Nordic countries, the United Kingdom, Germany, and the United States. Marbella's prime location on the sun-drenched coast offers an idyllic blend of a relaxed lifestyle and a bustling, dynamic holiday scene, due to the availability of numerous leisure centers and golf resorts and a seamless link with the lively city of Malaga. Marbella is characterized by its pulsating coastal life, profound cultural legacy, and superior quality of life. Over the recent years, local authorities in Marbella have pumped more resources into amplifying the city's growth, presenting a vast array of property choices for both domestic and international house buyers. These include state-of-the-art townhouses, apartments, contemporary villas, classical farmhouses, and penthouses. It's a breeze to find available properties and apartments for sale in Marbella, Spain, that suit any budget and lifestyle predilections, solidifying this sun-soaked city as one of the most approachable for overseas buyers.
Average price of a property for sale in Marbella
What is the typical price for a property in Marbella? As with any location, the costs can vary significantly based on a range of factors. These can include the type of property, its proximity to the historic center and beaches, amenities, and personal preferences, such as luxury features, size, and accessibility. Recent data reveals that the highest asking price per square meter for properties in Marbella was €3,200. The most pricey properties were situated in the Marbella Golden Mile region. On the other hand, the lowest prices, with an average cost per square meter of €2,400, were primarily found in the El Rosario-Ricmar area. The mean listing price for a property in Marbella currently stands roughly at €680,000.
Types of properties can you find in Marbella
Marbella, situated in the Andalusia region in Spain, offers a wide array of real estate options. Types of properties available range from elegant apartments, posh penthouses, upscale seaside villas to traditional Spanish style haciendas. Top-rated properties are usually found in secured residential compounds. Prospective homeowners can find spacious 3-4 bedroom apartments equipped with expansive terraces or 2-floor homes each having their separate entrances, large balconies and independent kitchens. For those seeking the luxury of new construction, there are villas positioned in exclusive areas in Marbella, Spain, boasting sea views, within walking proximity to the beach, making it a splendid place to reside.