Istan - Benahavis - Valtocado

Located in the heart of the Costa del Sol in Andalusia, Marbella is a coastal city filled with history and majesty. Nestled between the glow of the Mediterranean Sea and the transcendental Sierra Blanca, Marbella continues to keep the vestiges of its rich history in the old town, where the Plaza de los Naranjos and its narrow streets recall the dawn of its foundation by the Romans and its abundant Moorish past.

Real Estate Market in Marbella

The current market for exclusive properties in Marbella is stable, even globally, the demand for luxury houses and apartments continues to be high in comparison to supply. However, just as it would with any investment, certain costs and charges must be considered when buying a luxury home in Marbella. Apart from paying the house price, buyers will need to cover the property transfer tax which ranges from 8% to 10%, real estate agent fees and legal, notarial, and property inspection fees.

Taxation in Marbella

In terms of taxation, buyers should be aware of a series of payments that will be required after purchasing a property. In Marbella, wealth tax is applied, although it can vary depending on the total value of your assets. In addition, if the property is sold, taxes vary depending on whether the property is your primary residence or a second home. For companies, the profit tax in Spain is currently 25%.

Mortgage Market in Marbella

Regarding mortgages, to buy a house in Marbella it is generally possible to obtain a mortgage up to 80% of the property purchase price, although this can vary depending on the buyer's nationality and the entity with which the mortgage is negotiated.

Location and Connectivity of Marbella

Marbella is located in the province of Malaga, approximately 60 km from Malaga city. The city has excellent accessibility thanks to the AP-7 motorway and the A-7 highway that connects it with the Costa del Sol, and Malaga airport.

Education, Sports, and Life in Marbella

Marbella offers a wide variety of outdoor activities, which may include water sports, hiking, golf, tennis, horse riding and more. There are many prestigious golf courses in Marbella and the surrounding area. Shopping enthusiasts can also enjoy various luxury shops in Puerto Banus.

Culture and Nightlife in Marbella

In addition to its rich history and wonderful shopping, Marbella also boasts a vibrant nightlife with high-quality restaurants, stylish bars, and exclusive nightclubs. The Marbella film festival, the Starlite Festival, and polo tournaments are annual events that attract visitors from all over the world. We hope that this guide will help you to have a better vision of the luxury lifestyle and real estate market in Marbella. If you plan to move to Marbella and are interested in buying luxury properties here, do not hesitate to contact us for more information.