According to local experts, Marbella’s second home market is booming. Contributing to the thriving sector is the upcoming summer season and lightened restrictions around the world following positive pandemic news.
“Homes are selling at high speed and prices are increasing,” a representative Marbella-based real estate agency Limoni Homes told JamesEdition.
JamesEditon’s data backs that up: so far in 2022, average house listings have risen by 7% compared to 2021. At the same time, interest in Marbella has skyrocketed among potential buyers: in January 2022, users saved 83% more properties in the area than the same time the year before.
Marbella’s flourishing housing market
With a median living area of 300 square meters, Marbella offers some of the most spacious villas in Spain, and indeed the entire Mediterranean coast. Currently, the average price per listing is approximately $1,700,000, equating to around $5,600 per square meter. If you’re looking for a three-bedroom property, the average you can expect to pay is about $1,300,000.
According to JamesEdition data, three- and four-bedroom villas each encapsulate 30% of the real estate market, and a 20% share is taken up by five-bedroom residences. Those with two bedrooms comprise 12%, while at the other end of the scale, homes with six bedrooms make up 6%, and those with seven hold 2%. And one-bedroom units? They’re rare to find.
In terms of architecture, Marbella offers modern, newly built homes with slick, contemporary architecture. But buyers can also find traditional homes with Andalusian tiles and white-walled fincas, if that’s more their style.
Top 5 homes for sale in Marbella
With our partner Limoni Homes, we decided to look closer at this favored second home destination, and the most exciting properties currently on the market there.
1. Eye-catching design villa in Bahía de Marbella
Price: €7,500,000 ($8,375,000)
Villa Bahia de Marbella is an architecturally striking five-bedroom residence in a beachside location, a stone’s throw from Playa los Monteros. South-facing and recently completed, enter the cutting-edge house and be wowed by the double-height hallway and a showstopper spiral staircase. Contemporary interiors of 665 square meters are by acclaimed firm Pedro Peña – the style is modern all the way. With expansive floor-to-ceiling windows, bright and airy open-plan living is the order of the day throughout. Head upstairs and the elegant guest rooms boast panoramic Mediterranean vistas, with the master features a large terrace and sunset views. In the basement you’ll find a billiard table, cocktail bar, treatment room and sauna, while outside in the 1,000 square meters of manicured gardens there’s a pool to dip in and plenty of space to relax. Head out and you’re just five minutes from Marbella and Golf Rio Real Village.
2. Newly built four-bedroom house in Nueva Andalucia
Price: €2,600,000 ($2,905,000)
With 439 square meters of interiors and sitting on a plot of 831 square meters, this ultra-contemporary southwest-facing home features avant-garde décor alongside floor-to-ceiling windows and attention to detail throughout. Upstairs, there’s a substantial wraparound balcony, while outdoors, you’ll find a pool and BBQ area. The location is ideal, with La Concha mountain as your backdrop and Puerto Banús on your doorstep. Marbella is just a 10-minute drive away, and you’re also close to Real Club de Golf Las Brisas and Los Naranjo, as well as beaches such as Playas del Duque and Río Verde.
3. Penthouse in Puente Romano
Price: €2,500,000 ($2,820,000)
The property is located in one of the most exclusive Marbella areas, Puente Romano, at the western point of the famous Golden Mile. Just a few minutes from some of the best restaurants, a walking distance to the beach, this penthouse is the perfect place to live or vacate during summer. The apartment is now under construction: on completion, it’ll contain three bedrooms and two bathrooms with high-end interior design and furnishing.
4. Traditionally decorated residence in Atalaya de Rio Verde
Price: €1,680,000 ($1,875,000)
Built in 2003, this six-bedroom five-bathroom villa on a plot of 1,146 square meters is within walking distance of Puerto Banús and its beaches. For golf, head to nearby Las Brisas, Aloha, and Los Naranjo, or if you prefer the bustle of city life, Marbella is close by too. Representing a first-rate investment opportunity, the inside spans 520 square meters and there’s a balcony of 60 square meters. Parking-wise, you’ll find three indoor spaces, while out in the west-facing garden, there’s a pool to lounge around.
5. Wow factor loft-style apartment in Malaga
Price: €1,470,000 ($1,640,000)
There’s a lot to love about this chic condo in the heart of the city. Located in the creative Soho neighborhood and with fabulous views of the port, the cathedral, and the Mediterranean, the setting is enviable while the décor is super stylish. Constructed in 1980, the uber-light flat was recently renovated from scratch and is ready to move into. The extensive 226 square meters of space includes three bedrooms, each featuring an en-suite and a dressing room. There’s also a sizeable living room and a semi-open kitchen surrounded by terraces – ideal for catching some sun. Out and about, you’re just two kilometers from the beach and a 15-minute drive from both Real Club De Campo golf course and the airport.
If you’d like more information, get in touch with Limoni homes at info@limonihomes.com or tel:+34651031645.
