Properties in Marbella - Costa del Sol

How to buy a property in Marbella — investment and buying process

The Marbella property market is one of the most stable and crisis-resistant in the whole of Spain. Between 2019 and 2024, the cumulative increase in property values in the Marbella and Estepona area reached as much as 75%, and forecasts for the coming years point to further growth of 6–8% per year. This performance is the result of a combination of limited buildable land supply, growing demand from high-net-worth international buyers and the region's consistently high tourist appeal.

Apartments close to the beach and Puerto Banús marina generate holiday rental income of between €150 and €400 per night in high season, translating into an investment yield of 4–7% per year. The Costa del Sol attracts tourists throughout virtually the entire year — the season in Marbella runs from March to November, and in winter the region is particularly popular among golfers and those escaping the cold of northern Europe. This means a significantly longer occupancy period than on the Costa Blanca or the Balearic Islands.

International interest in Marbella properties continues to grow — buyers from across Europe, the Middle East and Latin America choose this city not only as a holiday destination but as a long-term capital investment or permanent place of residence. This market is particularly attractive to those looking for properties in the premium segment — ones that combine high construction quality, a prestigious location and genuine appreciation potential.

Buying a property in Marbella requires a thorough understanding of the local market, legal framework and tax procedures applicable to non-residents. Buying costs in Andalusia differ from those on the Costa Blanca — the Property Transfer Tax (ITP) on resale purchases is 7% in Andalusia, while VAT on new build properties is 10%. On top of this come notary fees, land registry inscription and gestoría costs — totalling approximately 10–12% of the property value.

At Azul Villa Properties we provide full support at every stage: legal verification of the property, obtaining your NIE number, opening a Spanish bank account, arranging a mortgage for non-residents and accompanying you through the notarial signing. We work with trusted lawyers and gestores operating locally on the Costa del Sol, ensuring that every step of the transaction is fully managed and under control. Contact us today and book a free, no-obligation consultation — we will help you invest safely in your dream property on the Costa del Sol.