Why Marbella? The Irresistible Appeal of Luxury Real Estate on the Mediterranean

Waarom Marbella? De Onweerstaanbare Aantrekkingskracht van Luxe Vastgoed aan de Middellandse Zee

Dear readers,

I can't deny it – Marbella has stolen my heart. As a real estate agent here, I have had the privilege of closely following the evolution of the real estate market.

It all starts with the question: why Marbella? Why has this Mediterranean coastal town become such a magnet for luxury home enthusiasts? Let's take a look.

The numbers speak volumes. Spain as a whole has experienced impressive growth in the luxury real estate market, and Marbella sits proudly at the top. With more than 2,500 homes for sale above 3 million euros, our city represents no less than 34% of all luxury home sales in Spain. A figure to be proud of!

But let's not just look at the numbers. Let's zoom in on the facts. Prices in Marbella have increased by around 15% between June 2022 and June 2023. In December the average asking price even reached 4,461 euros per square meter, more than double what it was 10 years ago. This growth exceeds both inflation and the increase in national housing prices.

And let's talk about Marbella's “golden triangle”. This area, formed by Benahavís, Estepona and Marbella itself, is the beating heart of the luxury real estate market. Here you will find the most exclusive homes, with breathtaking views and an unparalleled lifestyle. But don't let the prices put you off – this investment is more than just a financial decision. It is an investment in your future, in your happiness.

But why does Marbella remain so interesting? The answer lies in the constant renewal and growth of the area. With the arrival of the new Pacha Beach Club and the presence of luxury brands such as Dolce & Gabbana, Lamborghini and Fendi, Marbella is only becoming more prestigious. And that only means one thing: prices will continue to rise.

Of course, this growth also brings challenges. For many, buying a house is becoming less feasible. But let's not forget what Marbella offers us – a vibrant community, a thriving economy and a lifestyle we can all enjoy.

So, what does the future hold for Marbella? Will growth continue, or will prices fall? That is the question on many of us' minds. Marbella's future looks bright, and I am convinced that we are only at the beginning of a historic transformation.

So come along and be enchanted by the shine of Marbella. Discover the luxury, beauty and possibilities that our city has to offer. And who knows, you might find your dream home here.

Greetings

Pauline Mulder 

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