With over 238 million visitors each year, Spain is the second largest tourism brand in the world.
Like other travelers, you no doubt love Spain for its ample sunshine, warm weather, and amazing food and wine. But have you ever thought about living there? If so, where should you settle?
Living in Marbella, Spain could be the closest you’ll get to paradise. Keep reading for everything you need to know about investing in Marbella real estate.
What’s So Great About Living in Marbella, Spain?
Marbella is renowned for its beautiful beaches, exclusive shopping, luxury yachts, and Michelin star restaurants. Temperatures throughout the year hover between the 50s and the 80s, meaning it will never be too cold or too warm.
It’s the quintessential Mediterranean experience on par with the French Riviera — but for a cheaper price tag.
A full 30% of residents are foreigners, meaning you’ll have plenty of opportunities to make friends while you learn or improve your Spanish. With a population of about 147,000 people, Marbella has all of the conveniences of a big city while retaining its small-town charm.
What’s Happening With Marbella Real Estate?
With all of these perks, it’s no surprise that the real estate market in Marbella is booming. If you want to start practicing your Spanish now, this report reveals that Spain’s Costa del Sol (where Marbella is located) has seen the country’s dramatic price hikes since 2019.
What does this mean for you, the prospective buyer? While property prices are on the rise, it’s still possible to find affordable repossessions and “fixer-uppers” throughout Andalucia.
Of course, if you have a larger budget to play with, you’ll have no trouble finding a luxurious, move-in-ready condo, villa, or house in Marbella.
Where Should You Look for Homes for Sale in Marbella?
With this overview in mind, here’s the million-dollar question: Where should you look for property for sale in Marbella? Here are some of the best options to consider.
Known as “Old Town” in English, this is one of Marbella’s most underrated neighborhoods. This gem contains pedestrian-only streets dotted with fragrant orange trees and family-run restaurants and shops.
If high-rise living is your preference, look no farther than Divina Pastora. This lively neighborhood is full of tapas bars, local markets, and vibrant plazas.
Looking for something a little quieter or a neighborhood that feels more like a village than a city? You’ll love the historic, whitewashed homes and cobblestone streets of Barrio Alto, the upper section of Old Town.
Barrio de Pescadores
As its name suggests, the Fisherman’s Quarter is right on the coast and lined with the city’s best seafood restaurants. You’ll love the charm of the old fishing boats as well as the less crowded (but equally beautiful) beaches.
Moving to Marbella: Bon Voyage
If you’re looking for a change of scenery, Marbella, Spain could be the perfect place to call “home.” It’s a hot real estate market, however, so the time to get in on the action is right now!
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