The 2024 Marbella Real Estate Market Report is Out Now

We are pleased to share our latest market report, delivering an in-depth analysis of Marbella’s dynamic real estate market. This year’s report uncovers relevant trends and changes that continue to shape the appeal of the area known as ‘The Golden Triangle’ among buyers. The post-Covid demand surge, which brought record-breaking activity in 2022, set a high benchmark, yet 2023 and 2024 have held their own, with sales stabilizing at notably strong levels.

Here are some highlights from our key findings:

• Market Resilience: While sales declined across Marbella, Benahavís, and Estepona in 2023, demand remains robust. In fact, the first half of 2024 saw a 5.4% increase in transactions in these areas compared to late 2023.
• New Build vs. Resale: Resale properties continue to dominate, representing 91% of 2023 sales. However, new developments remain sought after, especially those offering modern styling and advanced amenities.
• Foreign Buyers and Younger Demographics: Foreign buyers account for over 30% of purchases in Málaga province, with emerging markets joining traditional ones. Interestingly, Marbella has also seen a rise in younger buyers attracted by remote work and digital nomad opportunities.

In the 2024/25 report goes deeper into these and other trends, from price growth and evolving buyer profiles to consumer preferences and design trends. We invite you to explore the full 2024 Marbella Real Estate Market Report for a comprehensive look at what's driving this ever-evolving market.

Pia Arrieta, 05 Nov 2024 - News