Marbella is the exclusive heart of the Costa del Sol: an international jet set, world-class golf courses, the marina of Puerto Banús and a pleasant climate all year round. Nowhere else in Spain combines luxury and resilience in value so strongly.
In this guide you will read why investing in Marbella is attractive, which districts are most sought after, what property costs there and what return is realistic.
At Jansen & Brouwer Property Capital we guide investors through the purchase of luxury property in Marbella: discreetly, in Dutch and with access to off-market developments.
Why invest in Marbella?
- Strongest international demand: buyers from across Europe, the Middle East and Scandinavia.
- Resilience in value: Marbella holds its value better than the rest of Spain even in weaker markets.
- Year-round season: no dead winter months, so stable letting.
- Luxury rental market: high weekly rates in the top segment.
The best districts and surroundings
- Golden Mile: between Marbella town centre and Puerto Banús, the most prestigious address.
- Nueva Andalucía: the golf valley, popular with sports enthusiasts and families.
- Benahavís: green, exclusive and known for its villas.
- San Pedro de Alcántara: somewhat more accessible and strongly up-and-coming.
- Estepona: the neighbouring area with the best value for money in new build.
View our current properties or read our broader guide on new build on the Costa del Sol.
What does property in Marbella cost?
Marbella is the premium segment of Spain. New build apartments start at around €450,000 as a guide, while villas in prime locations such as the Golden Mile and Benahavís run into several million. On top of the purchase price count on roughly 12 to 13% in additional costs (10% IVA, AJD, notary and legal guidance). See also Taxes on Spanish property.
What return is realistic?
In the luxury segment your return comes mainly from capital growth, supplemented by high rental rates in season. As a guide:
- Gross rental yield: 6 to 7% per year, with high weekly rates in summer.
- Capital growth: as a guide 6 to 9% per year in prime locations.
- Total return: as a guide 10 to 15% per year.
Planning to let? Read Renting out property in Spain and take note of the holiday rental licence.
Buying process and financing
We describe the buying process in 8 steps. Financing is normally possible up to 60 to 70% of the value, see Mortgages in Spain for Dutch buyers.
Frequently asked questions
What does property in Marbella cost?
New build apartments start at around €450,000 as a guide; villas run into several million, certainly on the Golden Mile and in Benahavís. Count on around 12 to 13% in additional costs.
Is Marbella a good investment?
Yes. Marbella has the strongest international demand and resilience in value in Spain, a year-round season and a lucrative luxury rental market.
What return can I expect in Marbella?
As a guide 10 to 15% per year: 6 to 7% gross rent (with high weekly rates in the luxury segment) plus 6 to 9% capital growth.
Which districts are most sought after?
The Golden Mile, Nueva Andalucía (the golf valley), Sierra Blanca and neighbouring Benahavís are among the most sought-after locations.
Ready to invest in Marbella?
Get in touch with Jansen & Brouwer Property Capital for personal advice, or view the current listings straight away.