With Marbella ranking as Europe’s best destination for luxury living, Málaga and its surrounding areas are becoming prime spots for those eyeing high returns and lifestyle perks.
The market here isn’t just climbing – it’s booming. Marbella alone saw property values rise by an average of 13.7% from 2023 to 2024.
Why?
Well, when you consider the modern villas, unmatched Mediterranean views, thriving year-round tourism scene, and a local economy set to attract millions in fresh investments, it’s not hard to understand.
Whether you’re interested in short-term rentals, long-term growth, or a slice of luxury life, the Marbella property market might just be the savvy investment move you’re looking for.
Let’s break down why this coastal gem has captured the attention of investors worldwide – and what that could mean for you.
An insight into Marbella investment property
With global recognition as a prime destination, Málaga, particularly Marbella, draws international attention for its investment potential and vibrant lifestyle. In fact, 2023 saw a record 33.7% of property purchases in Málaga province made by international buyers, with British, Dutch, and Swedish investors leading the way.
This growth in foreign investment is fueled by Marbella’s high quality of life, particularly attractive to expats and retirees.
According to Idealista, asking prices in June 21024 across all property categories in Marbella have increased by an average of 13.7% compared to June 2023, reaching a record high of €4,812 per square metre. This figure is more than double the average asking price per square metre recorded a decade ago!
The lack of supply in areas such as Marbella are also helping drive property prices up, Idealista also revealed that the number of properties for sale in Marbella dropped by 9.03% from Q2 2023 to Q2 2024, with East Marbella seeing a decline of nearly 18%.
Property demand remains strong in both Málaga and Marbella, partly due to a steady rental market. While Marbella’s luxury properties are known for high-value returns, Málaga offers broader affordability, drawing those seeking diverse investment options across all property types.
From long-term stability to the charm of Mediterranean living, Marbella provides investment opportunities in one of Europe’s fastest-growing property markets. The steady influx of international buyers keeps demand high, making this coastal city a promising choice for investors worldwide.
If you’re interested in learning more about investing in Marbella, please get in touch with our friendly team today!
FAQs about Marbella investment property
Here are answers to some of the most frequently asked questions about Málaga investment property.
Is Marbella a good real estate investment?
Yes, Marbella is an excellent real estate investment choice, particularly for those seeking long-term growth. With property values steadily climbing and rental demand strong, Málaga offers stable returns. Its vibrant tourism and digital nomad scene make it a hotspot for both short-term rentals and permanent residences.
Is Marbella a good place to buy?
Málaga is a fantastic place to buy, offering a blend of cultural charm, coastal beauty, and modern amenities. Property prices remain competitive compared to other European cities, making it an appealing option for buyers looking for lifestyle quality and investment value.
Is Málaga expensive to buy property?
While Málaga’s property prices have risen, it’s still more affordable than luxury hotspots like Marbella. Prices vary by location, but generally, Málaga offers a range of options to suit budgets from high-end to more affordable, making it accessible for many types of buyers.
What is the rental yield in Málaga?
Rental yields in Málaga vary but average around 5-6% for long-term rentals, with even higher potential in tourist-heavy areas. Strong demand for short-term rentals boosts returns, especially in popular areas close to the beach or city centre.
Why is Málaga booming with British buyers?
Málaga’s charm, warm climate, and thriving expat community continue to attract British buyers. Despite Brexit, demand from UK investors has surged, drawn by Málaga’s quality of life, solid property values, and accessible travel links, especially for holiday homes and investment properties.
Is Málaga a good place to live?
Yes, Málaga offers an exceptional quality of life with a warm climate, rich cultural scene, and modern infrastructure. It’s a lively, welcoming city ideal for families, retirees, and remote workers alike, blending tradition with a cosmopolitan vibe.
Is it better to live in Málaga or Marbella?
Choosing between Marbella and Málaga investment property depends on lifestyle. Málaga offers vibrant city life, cultural attractions, and affordability, while Marbella is known for luxury, beaches, and an exclusive atmosphere. Both cities have appeal, but Málaga is generally more budget-friendly and lively year-round.
Final thoughts on Málaga investment property
So, now that we’ve established the things you need to know about Málaga investment property, it’s time to connect with the friendly team at Luxury Property Finder Marbella. We’re passionate about finding the perfect property for you, and we welcome you to share your vision with us. If you still find yourself with questions about Málaga investment property, please reach out to us today!
