Buying a Luxury Property in Marbella 2021

Thinking of checking out some houses for sale in Marbella, Estepona, or perhaps another part of the Costa del Sol this year? If so, it might be worth learning a little bit more about the process and how to make it as simple as possible. From COVID-19, to Brexit; there are a few things that can make purchasing luxury properties on the Costa del Sol seem impossible, but the truth is far from it. Here’s everything you need to know about buying a house in Marbella in 2021.

First of all, can I find a property for sale in Spain in 2021?

The good news for anyone looking to buy (as well as for those hoping to sell) is that you can buy and sell properties in Spain right now. Despite events that may seem like roadblocks, it’s actually not as difficult as it may seem. If you’ve got the budget and are patient, finding a bargain Spanish property for sale could prove to be relatively easy.

Can I go to Spain to view a property?

Due to the pandemic, those who aren’t currently living on the Costa del Sol won’t be able to travel there to view properties (or at least, travelling to Spain won’t be as simple as it used to be). Viewing properties in person isn’t quite as straightforward, even for residents, but that doesn’t mean that there aren’t any options to buy.

You can still view and purchase luxury property in Marbella, the only difference in terms of visiting homes is that virtual house tours are often the better (and sometimes only) option. While some individuals may not feel as comfortable with only having an online tour of a house, it can be a great way to get a better idea of what options are available to you, ready for when you’ll be able to go and see one in person.

In fact, this could be the perfect time to search for your ideal property, simply because prices are lower and there are fewer people on the lookout. By browsing and preparing now, you could save yourself hassle later on and make the whole process easier for yourself.

Will Brexit affect my chances of buying in Marbella?

Better yet, not even Brexit can stop you from finding your dream property in this beautiful destination! Whether you’re interested in luxury Marbella mansions or beachfront apartments in Puerto Banús, you’ll find Brexit shouldn’t cause you any hassle.

All foreigners are allowed to buy property in Spain regardless of their nationality, including British residents. Plus, if you look into the statistics, you’re likely to find that there are plenty of British expats living on the Costa del Sol without issue. This coastal region and other parts of Spain rely on foreign buyers, so you won’t have anything to worry about if you’re considering purchasing a house here.

What about prices?

Looking into the statistics, it doesn’t seem like Brexit has had any effect on property prices in Spain, meaning that there won’t be any extra costs that you have to deal with. It may be worth noting that the exchange rates here can fluctuate quite frequently, however.

Property market estimates for 2022

While there’s some uncertainty surrounding the future of property markets around the world, we can always estimate and guess what might come based on the current circumstances and how things have changed in the past.

The prices are certainly lower at the moment in Spain due to the Covid situation, which is something that investors should consider taking advantage of while they still have the time. While there’s no way to know for sure, it’s likely that the market will begin to pick back up soon – and housing may prove to be even more expensive when this is all over.

Trust in our team to help you out

If you want to make sure that you find the perfect home in Marbella, or any part of the Costa del Sol for that matter, you can rely on our experts here at Luxury Property Finder Marbella. As a dedicated team of property finders with years of experience working in the Costa del Sol and the property market here, you can rest assured that we know exactly what we’re doing.

Whether you’re looking to buy or sell, get in touch with us today to find out more about our services and how we could assist you – we’d love to hear from you!