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Almost 150,000 people live in the Andalucian city of Marbella, and around 33,500 of those aren’t from Spain. Thanks to its beautiful beaches and tax incentives, Marbella attracts people from all over to buy a home and live there.
Marbella real estate, Spain can also offer properties to suit every wallet. If you have some cash to splash and you’re interested in buying a luxury home, Marbella has high-end houses in spades.
But if you don’t know Marbella real estate, you might struggle to find your dream home or fall into a common pitfall. Don’t worry! This guide will help you with buying a villa in Marbella so you can start your new life in Spain today.
Know the Upmarket Marbella Neighborhoods
Marbella isn’t a large city. But knowing where the high-end areas are before you begin your search will help you be more efficient and save time.
Here are the top ones:
- Golden Mile
- Puerto Banús
- Los Monteros
- La Zagaleta
- Sierra Blanca
- Altos Reales
- Los Flamingos
Some of these are “gated communities,” and others are open neighborhoods. Most of the best places to buy a Spanish holiday villa or permanent home are in the west of the city.
Learn About Marbella Luxury Real Estate Trends
When you’re looking for a luxury holiday home, you know you will be parting with a huge chunk of change. But that doesn’t mean you should overpay the going rate. That’s why you need to educate yourself on the latest local real estate prices and trends.
For example, there is a much higher demand for new-build properties in Marbella at the moment. You could snag a bargain if you were willing to buy an older property.
Plus, most of Marbella’s real estate is apartments and resort-style homes. Detached villas are much less common and are more expensive. So if you would be happy living in a luxury penthouse, then you could also get a great deal.
Work With Luxury Real Estate Specialists
If you’re serious about spending a sizable slice of your bank account on Marbella real estate in Spain, you should seek expert help. You can do tons of research, but no one knows Marbella real estate like a Marbella local.
Find a luxury property development company or upmarket realtor in the area. Contact them before you begin your search, so you don’t waste time looking at the wrong properties in the wrong places. They will be able to show you properties that aren’t on the market yet and tell you how much your first offer should be.
Unlock the Secrets of Marbella Real Estate, Spain
Figuring out Marbella real estate, Spain is all about gaining local insider knowledge. So if you follow this guide, you’ll have no trouble finding your perfect Spanish villa, and you’ll soon be signing on the dotted line.
Want to learn more about overseas property investments? Browse the real estate section of our website for tons more ideas and advice!