Marbella market

Why Marbella, in figures.

Prices, demand and neighbourhoods on the Costa del Sol, from public sources. It is the same data we use to decide where to buy.

€5,485Average asking price per m², November 2025
+9.5%Year on year, a record level
24.9MPassengers at Málaga Airport in 2024
153Nationalities living in Marbella
Key figures

A deep, international market.

Four numbers that explain why a well-renovated home in Marbella has buyers waiting for it.

€5,485/m²Average asking price, up 9.5% in a yearidealista, Nov. 2025
+16.6%Rise in appraised values in a year, to €3,764/m²Tinsa, Q3 2026
2,524Homes sold in the first half of 2024, up 10%Spanish Property Insight
32%Of home purchases in Málaga province made by foreign buyersRegistradores, Q2 2023
Prices

Asking prices up about 30% in two and a half years.

From €4,233/m² in June 2023 to a record €5,485/m² in November 2025. Asking prices show what sellers want rather than what buyers pay, so we always check them against real sales and appraisals.

Average asking price, Marbella

€ per m²
€4,000€4,500€5,000€5,500 €4,233Jun 2023€4,631H1 2024€5,162May 2025€5,485Nov 2025

Sources: idealista via Spanish Property Insight (2023–2024) and idealista (2025).

Price by neighbourhood

Nov. 2025
Nagüeles – Golden Mile€6,738+7.3%
Nueva Andalucía€5,961+9.0%
Marbella centre€5,512+31.1%
Las Chapas – El Rosario€5,361+14.9%
Elviria – Cabopino€4,632+9.6%
San Pedro Alcántara€4,598+5.0%

Average asking price per m² and change in a year. Source: idealista.

What it means for a renovation project

Averages mix finished homes with homes that need work. The margin in a renovation project sits in the gap between the two: buying below the average for the area, and selling a finished home that buyers compare with the best on the market. Rising prices help, but we never build a budget that depends on them.

Neighbourhoods

Where we look.

Marbella runs for almost 30 kilometres along the coast, from San Pedro in the west to Cabopino in the east. Select an area to see its price level.

La Concha · Sierra Blanca AP-7 / A-7 Puerto Banús Golf Valley Río Guadalmina MEDITERRANEAN ← Gibraltar · approx. 1 h Málaga Airport · approx. 45 min → N San PedroNueva AndalucíaGolden MileMarbella centreLas ChapasElviria – Cabopino Schematic · not to scale
Demand

Buyers arrive from all over Europe, every week.

Málaga Airport is about 45 minutes from Marbella and handled almost 25 million passengers in 2024, about 83% of them on international flights.

Top international markets, Málaga Airport 2024

Passengers
United Kingdom5.69M
Germany1.97M
Netherlands1.48M
France1.36M
Italy1.29M

Source: Aena. 24,923,774 passengers in total, up 11.5% on 2023, on 174,915 flights.

+11.5%Passenger growth at Málaga Airport, 2024Aena
83%Of passengers on international flightsAena
165,871Residents of Marbella, 1 January 2024Status Homes
~30%Of residents are foreign nationalsStatus Homes
What buyers pay for

Light, outdoor living and a home that is ready.

Many international buyers visit for a few days, see several homes and decide quickly. They pay for what they do not have to do themselves. That is the product we create.

Light and views
Outdoor living
Ready to move in
Why renovation creates valueBuying in Spain from abroad

Want to see a project in one of these areas?

Register for the next memo, or talk to us about where you would like to invest.

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