Marbella, Spain, is an ideal destination for vacation homeowners, offering a blend of luxurious living and Mediterranean charm. Known for its stunning beaches, upscale restaurants, and vibrant nightlife, it provides the perfect setting for relaxation and entertainment. Owning a vacation home in Marbella also offers significant short-term rental benefits. The area attracts tourists year-round, especially during the summer, allowing homeowners to generate substantial rental income when they aren’t using the property. Marbella’s high demand for holiday rentals makes it a lucrative investment, with the potential for excellent returns.
Marbella, Spain
Marbella Real Estate: Prices, Costs, and Key Insights:
Floor Space & Price Range:
- Apartments: 50-250 m² (€250,000 - €3M+)
- Villas: 150-1000+ m² (€1M - €15M+)
- Townhouses: 100-300 m² (€400,000 - €2M)
Utilities (Monthly):
- Electricity: €80-150
- Water: €20-60
- Internet: €35-60
Taxes:
- Property Transfer Tax: 8%-10%
- Annual Property Tax (IBI): 0.4%-1.1%
- Rubbish Collection: €180-250/year
Distance to Beach:
- Beachfront to 5+ km (affects pricing)
Average Cost of Living (Monthly):
- Rent (1-bedroom): €1,000-€1,500
- Groceries: €250-350
Other Related Factors:
- Neighborhoods: Golden Mile and Puerto Banús are the most expensive areas; Nueva Andalucía, San Pedro, and Marbella East offer more affordable options.
- Climate: Mediterranean, with around 300 days of sunshine per year.
- Accessibility: 40 minutes by car to Málaga Airport.
- Rental Yields: High demand for vacation rentals, with yields between 4% to 7% annually, depending on property type and location.
Our local real estate expert can assist with any questions regarding:
- Property purchase
- Sale
- Management
- Maintenance
- Short & long-term rentals
Contact us via phone, email, or WhatsApp for personalized support. We are fluent in English (EN), Spanish (ES), and Farsi (FA), and are ready to assist you in your preferred language.
Your Local Expert: Negar Sheikh
Phone or WhatsApp: +34 610-666-900
Email: [email protected]