Real estate round-up: 4 reasons to invest in real estate in Marbella
Marbella is a city located on the Costa del Sol, on the southern coast of Spain. It is known for its sandy beaches, mountains and pleasant year-round Mediterranean climate.
This destination has become an attractive place for real estate investment in recent years. An increasing number of people are choosing to make a property investment in Marbella for 2 key reasons:
- Benefit from a growing real estate market
- Enjoy the quality of life that the city offers
In this article, we will share 4 good reasons to buy real estate in Marbella. If you are considering investing in a house or apartment in this sunny and dynamic region of Spain, this article is for you.
In recent years, Marbella has experienced a high demand for homes that offer profitable vacation rental opportunities for real estate investors.
Marbella has a high-end market, with characteristics that set it apart from other Spanish or European destinations.
Here are 4 good reasons to purchase real estate in Marbella:
1. A popular vacation destination
Marbella is known as a luxury destination, with a high concentration of prestigious properties, luxury villas, vacation homes and high-end apartments. Its prime location between the sea and mountain attracts millions of tourists each year and makes it a sought after area for buyers looking for a second home.
Located on the Costa del Sol, Marbella is a city with beautiful beaches and stunning views of the Mediterranean Sea, its beachfront properties are in high demand.
In addition, Marbella is located near the Sierra Blanca, a mountain range with stunning views of the surrounding area. Mountain view properties are also very popular, especially those with panoramic views of the sea and mountains.
2. A pleasant climate all year round
The city enjoys a warm and sunny Mediterranean climate with pleasant temperatures throughout the year. Summers are hot and dry, with temperatures averaging 30°C in July and August, while winters are mild and humid, with temperatures averaging 17°C in January and February.
Spring and fall are also pleasant seasons, with average temperatures between 20°C and 25°C. Precipitation is relatively low in Marbella, with rainfall concentrated in the fall and winter.
Thanks to its warm and sunny climate, Marbella is a popular destination for summer vacations and for retirees looking to move to a sunny area. Properties with pools and gardens are very popular, providing a refreshing place to relax on hot summer days.
3. A growing real estate market
Marbella’s real estate market has been growing steadily for many years, and this trend is expected to continue in the future. Investing in a growing market can offer attractive long-term value-added opportunities.
There are several indicators that the area’s real estate market is growing. Here are some of them:
- Rising property prices: In recent years, real estate prices in Marbella have increased significantly, indicating a strong demand for properties in the area. According to statistics from the Spanish Ministry of Public Works, the average price of houses in Marbella increased by about 5% in 2020.
- Increase in sales: The real estate market in Marbella is experiencing an increase in sales, which shows a strong demand for properties in the area. According to data from the Association of Realtors of Marbella (API), property sales in Marbella have increased by 14% in 2020 compared to the previous year.
- Construction of new real estate projects: The construction of new real estate developments is another indicator of market growth. Many new construction projects are underway in the area, including luxury complexes, villas, apartments and holiday homes.
- Strong demand for luxury properties: Demand for luxury properties is growing rapidly in Marbella. Wealthy buyers are often looking for properties with specific features, such as sea views, lush gardens and luxury amenities, etc.
- Foreign Investments: Many foreign investors are purchasing real estate in Marbella. Foreign investors, especially those from Europe and the Middle East, are attracted by Marbella’s luxury properties, quality of life and sunny climate.
4. Quality Infrastructure
Marbella is a well-developed city that offers a variety of quality infrastructure to meet the needs of its residents and visitors. Here are some examples of the quality facilities that can be found in Marbella:
- Beaches: Marbella is known for its golden sandy beaches and its Mediterranean coastline, which stretches for more than 25 kilometers. Most of the beaches are equipped with all the necessary facilities for a comfortable stay, including showers, toilets, lounge chairs and umbrellas.
- Golf Courses: A popular destination for golfers, Marbella has more than 15 golf courses in the area. Marbella’s golf courses are known for their natural beauty, modern facilities and quality of play. They are considered to be some of the best in Spain.
- Marinas: The city has several modern and well-equipped marinas, including the Marina Puerto Banus, which is one of the largest and most prestigious marinas in the Mediterranean. The marinas offer boat facilities, restaurants, stores and water sports.
- Luxury Hotels: Marbella is a top destination for luxury vacations, with a variety of five-star hotels and high-end resorts, many of which are located on the city’s famous Golden Mile. These establishments offer quality amenities such as swimming pools, spas, fitness centers, restaurants and bars.
- Shopping malls: Marbella is home to several modern shopping malls, such as La Cañada, which is one of the largest shopping malls in the region. These malls offer fashion boutiques, restaurants, cinemas and children’s entertainment areas.
- Hospitals and clinics: The city has several modern hospitals and clinics, which offer quality health care to residents and visitors to the area.
- Transportation: The center and outskirts are very well served by public transportation, including buses and cabs. There is also a train station nearby, making it easy to get around the region and the other parts of Spain.
As you can see, buying an investment property in Marbella offers a multitude of opportunities for investors looking for profitability.
With a growing real estate market, a wide range of quality homes, a pleasant living environment and a well-developed infrastructure, Marbella has become an investment destination of choice for national and international investors.
If you are interested in purchasing a holiday home in Marbella, discover our projects in the area.
Do you have a question about buying real estate in Marbella or other parts of Spain? Do not hesitate to contact us: info@azurestates.es
