Looking for a lucrative way to invest your money?
Marbella real estate is the way to go.
Marbella real estate is the way to go.
Deemed as the ‘investment hotspot’ of the Costa del Sol, properties in Marbella benefit from ongoing market stability, ever-increasing demand and unmatched rental potential. Making them a particularly savvy choice for anyone who’d like to buy-to-let.
Read on to learn more and start your property search with Bromley Estates today.
Are properties for sale in Marbella a shrewd investment?
Absolutely. Here’s why:
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Stable property market
Over the last 10 years, Marbella real estate has become renowned for its stability.
Property appreciation has been consistently above average. In the last 12 months alone (2023 to 2024), the average asking price has risen by 13.7%, reaching an all-time high of €4812 per m2. To put this into perspective, this is around double the asking price of 10 years ago.
Buying property in this area is a particularly safe bet and a great opportunity for capital growth.
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Reasonable prices
Whilst property prices do continue to rise year-on-year, they remain below the peak of the 2007 property bubble and, crucially, they’re still pretty affordably priced. Compared to like-for-like properties in other EU countries – including the UK – you get a lot more for your money.
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Sizeable returns
Plan on renting out the property?
You can expect to make a sizeable profit. According to the latest statistics, rental rates have skyrocketed over the last year. In Marbella, the average rental home in October 2024 cost €18.61 per month per square metre – an increase of 6.65% compared to October 2023.
This is well above rental yields in other popular towns throughout the Costa del Sol, as well as in popular cities in other regions of Spain – including both Barcelona and Madrid.
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High demand
Marbella is well known for its sunny climate (with 320+ days of yearly sunshine), beautiful sandy beaches, vibrant culture and an abundance of 5* leisure pursuits and luxury facilities.
Little wonder then, that it was named the no.1 travel destination for 2023.
The city attracts millions of visitors every year; a ready-made audience who are looking to rent a holiday home in this tourist hotspot. In order to maximise their profits, property landlords typically offer a higher price on short-term lets in the peak summer season and more reasonable prices in the off peak season.
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Minimal taxes
Classed as a ‘non-resident’?
If you stay in Spain for less than 180 days throughout the calendar year, you will be expected to pay rental income tax. Fortunately, this is unlikely to have too much impact on your profits.
Non-resident taxes are relatively small (19% for EU/EEA residents, 24% for non-EU/EEA residents), especially when compared to your potential healthy annual return. Which means, purchasing real estate in Marbella is still likely to be an astute decision.
Interested in property for sale in Marbella?
Of course, your exact return on investment will also depend on choosing the right property, in the right location. Therefore, it’s usually wise to recruit the help of an experienced real estate agency – who can assist with your search and ensure you’re getting the most for your money.
Take, for example, Bromley Estates Marbella.
As true specialists in Marbella real estate, they have unparalleled insight into the local market, the most profitable locations and predicted rental forecasts. As well as a comprehensive portfolio of apartments, townhouses, villas, commercial properties and development opportunities. So why not take a look at their listings today?
Do the financially savvy thing and take the first step towards buying property in Marbella.