by Paul | Feb 22, 2025 | Uncategorised
A Strong Market with Continued Growth The Marbella real estate market has remained resilient over the past few years, demonstrating remarkable stability and growth despite economic uncertainties. Since the post-pandemic surge in 2022, demand has continued to remain strong, with 2023 seeing a slight decline but still maintaining a healthy market. The first half of 2024 has shown a 5.4% increase in sales within the Golden Triangle (Marbella, Estepona, and Benahavis), reflecting a 3.16% year-on-year growth.
While global economies have faced challenges, Spain has avoided major downturns, and the Costa del Sol, in particular, has continued to thrive. Tourism remains strong, driving interest in high-end properties. The luxury market, including new builds and premium resales, has continued to attract buyers, particularly from foreign investors looking for second homes and relocation opportunities.
Key Market Trends
- Foreign Buyer Demand Remains High: Over 30% of property purchases in Málaga province were made by foreign buyers in early 2024, with the British leading at 15%, followed by the Dutch and Swedes.
- Resale Properties Dominate: In 2023, 91% of sales in Marbella, Benahavis, and Estepona were resale properties, highlighting their continued appeal. However, new builds are gaining traction, particularly in the luxury segment.
- Increased Interest in Villas: Traditionally, apartments have been the most sought-after property type, but post-COVID trends show a renewed preference for spacious villas with private gardens and pools.
- New Buyer Markets Emerging: Beyond traditional European buyers, demand from Poland, the Czech Republic, and North America has been growing steadily. Ukrainian and Moroccan buyers have also been increasingly active in the market.
Shifts in Buyer Preferences
- High-Quality, Modern Homes: Buyers are prioritizing new and refurbished properties with top-tier amenities, sustainability features, and resort-style facilities.
- Remote Work & Digital Nomads: The ability to work remotely has influenced younger buyers, leading to increased demand for properties with home office spaces and co-working facilities.
- Branded Residences & Gated Communities: High-end developments offering security, exclusivity, and premium lifestyle services are gaining popularity.
Challenges in Supply and Pricing While demand remains strong, the availability of new stock continues to be a limiting factor. New developments have faced delays due to rising construction costs, regulatory hurdles, and limited land availability. This has driven property prices higher, with cost per square meter increasing across the region.
Despite these challenges, there is no imminent risk of a real estate bubble, as demand remains robust and interest rates are expected to decrease further. The luxury segment, in particular, continues to perform well, ensuring that price growth remains steady rather than speculative.
Looking Ahead to 2025 The Marbella real estate market is expected to continue on a positive trajectory in 2025, driven by ongoing investment interest, strong tourism, and Spain’s economic stability. Key factors shaping the market include:
- Lower Interest Rates: Expected reductions in mortgage rates may further stimulate the market.
- Sustainable Urban Development: Increased focus on infrastructure, green spaces, and urban planning improvements in Marbella.
- Growth in the Premium Market: High-end developments and branded residences will continue to attract affluent buyers.
- Regulatory Improvements: Calls for greater professionalization and regulation within the real estate sector could enhance market transparency and buyer confidence.
Despite short-term fluctuations, the long-term outlook for Marbella real estate remains strong and stable, making it a prime investment destination for both national and international buyers. As the region continues to develop and adapt to new trends, it remains one of Europe’s most sought-after locations for luxury property investment.
For more information, a wide selection of properties to rent and assistance with buying property in Sotogrande, Marbella, La Zagaleta, or Southern Spain, please visit www.luxe-villa.com or email info@luxe-villa.com
We look forward to talking with you soon.
by Paul | Feb 15, 2025 | Uncategorised
Exciting developments are underway as we approach the June 2025 delivery of Village Verde Phase 2. This eagerly awaited phase is nearing completion, and with just 16 apartments remaining—including the final Sky Villa—this is an exceptional chance to own a luxury residence in Sotogrande.
Designed by L35 Architects: A Vision of Elegance
The acclaimed L35 Architects have masterfully crafted Village Verde, blending contemporary luxury with Sotogrande’s stunning natural surroundings. Featuring sustainable architecture, spacious interiors, and world-class amenities, this development offers an unparalleled living experience.
For those seeking an upscale home in one of Europe’s most coveted locations, this is your moment to secure a place in an exclusive community.
Last Opportunity to Apply for Spain’s Golden Visa
Attention international investors: Spain’s Golden Visa program will officially end on April 3, 2025. This program has provided non-EU investors with residency in Spain, but you can still apply before the deadline.
- Applications submitted before April 3, 2025, will be processed under existing regulations.
- Existing permit holders will remain eligible for renewal.
To take advantage of this final opportunity, contact our team for expert guidance on securing your residency through property investment in Spain.
Sotogrande: The Ultimate Winter Sun Golf Destination
Sotogrande has reaffirmed its status as a premier luxury golf destination, having been ranked the #1 golf resort for winter sun by Golf World in its prestigious Winter Sun rankings.
The latest rankings highlight Sotogrande’s exceptional offerings:
- Top 50 Winter Sun Resorts – Sotogrande takes the #1 spot, surpassing globally renowned destinations.
- Top 20 Winter Sun Areas – A strong #2 ranking solidifies its elite status.
- Top 10 Winter Sun Courses – Recognition of the area’s outstanding golf courses.
With its world-class golf facilities, luxury amenities, and year-round sunshine, Sotogrande is the perfect destination for golf enthusiasts and investors alike.
For those looking to purchase exclusive properties in Sotogrande, Marbella, La Zagaleta, or Southern Spain, we offer a handpicked selection tailored to your needs.
Explore our portfolio at www.luxe-villa.com or contact us at info@luxe-villa.com for personalised assistance.
by Paul | Feb 9, 2025 | Uncategorised
Fairmont’s La Hacienda Costa del Sol resort is set to welcome guests at the end of February, marking a new era of luxury hospitality in Spain. According to the resort’s director, Juan Losada, this landmark project represents an investment of approximately €130 million and aims to blend Andalusian charm with world-class luxury.
A Premier Destination on the Costa del Sol
Situated in the picturesque town of San Roque, Cádiz, just a few kilometres from Sotogrande, La Hacienda Costa del Sol enjoys a prime location. With breathtaking sea views and direct access to La Alcaidesa beach, guests will find themselves in a Mediterranean paradise. The resort is conveniently located only 30 minutes from Marbella and 20 minutes from Gibraltar Airport, making it easily accessible for both national and international travelers.
A New Standard in Luxury Accommodations
Fairmont’s La Hacienda Costa del Sol promises an unparalleled stay, featuring 213 exquisitely designed rooms and suites, along with 47 private villas. Inspired by the region’s traditional whitewashed villages, these villas offer spacious terraces, private pools, and a sense of seclusion that redefines exclusivity. Every detail has been meticulously curated to ensure an immersive experience that seamlessly blends contemporary design with Andalusian heritage.
Gastronomic Excellence by Michelin-Starred Chef Benito Gómez
One of the resort’s major highlights is its dedication to first-class gastronomy. Featuring five distinctive restaurants, La Hacienda Costa del Sol will be a haven for food lovers. The resort’s flagship restaurant will be led by two-Michelin-starred chef Benito Gómez, offering an innovative take on Mediterranean cuisine.
In addition to the fine dining experience, guests can enjoy a variety of casual culinary options, including a stylish poolside bistro and a vibrant beach club. By night, the beach club will transform into a lively venue with resident DJs, offering an unforgettable dining experience featuring modern interpretations of traditional Spanish dishes, such as espetos.
Wellness and Leisure at Its Finest
The resort is designed to cater to every aspect of well-being. A standout feature is its 1,800m² spa, which boasts breathtaking views of both the Mediterranean and the Andalusian mountains. Guests can indulge in a range of holistic treatments, hydrotherapy sessions, and hammam rituals, or take advantage of the state-of-the-art gym facilities.
Golf enthusiasts will be delighted with exclusive access to two prestigious golf courses, including the renowned La Hacienda Links Golf. For those planning events, the resort offers versatile indoor and outdoor spaces perfect for weddings, corporate gatherings, and other grand celebrations.
Family-Friendly Luxury
Fairmont’s La Hacienda Costa del Sol is designed to be a family-friendly resort, ensuring that guests of all ages enjoy a memorable stay. The dedicated Kids Club and Teens Club offer a variety of educational, technological, and recreational activities, making it an ideal destination for family vacations.
A New Chapter for Fairmont in Spain
This new addition to the Fairmont portfolio is part of the prestigious Accor group, which operates more than 5,400 properties across 110 countries. Managed by Accor’s luxury division, the resort has been developed in collaboration with Odyssey Hotel Group and Millennium Hospitality Real Estate. Millennium acquired La Alcaidesa in December 2019, transforming the site into an exclusive luxury destination featuring world-class hospitality, residences, and services.
Experience Fairmont’s Vision of Luxury
Fairmont’s La Hacienda Costa del Sol is poised to set a new benchmark in Spain’s luxury hospitality landscape. Whether you’re seeking a lavish getaway, a fine dining experience, or an exclusive retreat, this resort promises to deliver an unforgettable escape.
For more information on luxury properties in Sotogrande, Marbella, La Zagaleta, or Southern Spain, visit www.luxe-villa.com or contact info@luxe-villa.com.
We look forward to helping you find your dream home.
by Paul | Feb 1, 2025 | Uncategorised
Málaga and the Costa del Sol remain among the most coveted real estate markets in Spain, with demand continuing to outpace supply. For 2025, property experts are united on one point: prices will rise. The debate lies in how much. While opinions differ on the rate of increase, several key factors—ranging from construction costs to buyer demographics—will shape the market this year. Here’s an analysis of what leading experts foresee for Málaga and the Costa del Sol in 2025.
Moderate Growth in Key Areas
Patricio Palomar, director of alternative investments at AIRE Partners, predicts a period of consolidation for Málaga city’s property market. He expects price increases in line with inflation, ranging between 3% and 5%. According to Palomar, specific neighborhoods such as Teatinos, Zeta, and parts of eastern Málaga, like Cerrado del Calderón, will see higher demand due to their appeal to buyers seeking modern homes.
In nearby towns like Torremolinos, Benalmádena, and Mijas, Palomar anticipates sharper increases as rising prices in Málaga city push buyers toward more affordable options. These areas are becoming increasingly popular as they offer a balance of proximity to the city and comparatively lower housing costs.
Rising Costs and Limited Supply Drive Prices Up
Carlos Smerdou, CEO of Foro Consultores, attributes price increases to two primary factors: the imbalance between supply and demand and rising construction costs. A shortage of workers and escalating materials prices are forcing developers to slow down on launching new projects, further tightening supply.
Smerdou expects prices in Málaga city to rise by at least 10% in 2025, driven by high demand from foreign investors and locals alike. However, this upward trend comes at a cost: locals may find it increasingly difficult to afford properties in prime areas, with certain neighborhoods becoming financially out of reach for the average household.
A Surge in Younger Buyers
Economist Gonzalo Bernardos predicts a more dramatic rise, with prices for existing homes expected to increase by 12% and new builds by a staggering 15%. Bernardos highlights the growing presence of younger buyers under 40, who are entering the market with better job stability, higher incomes, and financial support from family.
This influx of younger buyers, coupled with lower interest rates and more favorable mortgage terms, is likely to fuel demand further. Bernardos also notes that Málaga continues to attract foreign investors, particularly from Germany and France, reinforcing its reputation as a prime real estate destination.
The Challenge of Supply Shortages
JosÉ Antonio Pérez, professor at the Real Estate Business School, emphasizes the critical shortage of housing as a major challenge for 2025. The REBS Pulsimeter estimates that only 8,000 new homes will be completed this year—a modest improvement from 2024 but far below the levels needed to meet demand.
Pérez calls for greater efforts from local authorities to address the housing shortage by activating public land for affordable developments. Without these measures, the affordability crisis will deepen, especially in Málaga and surrounding towns. Second-hand properties may experience more moderate price growth of around 6%, but new builds will continue to see sharper increases.
Balanced Growth with Opportunities for Investment
Cristina Arias, director of research at Tinsa by Accumin, offers a more measured outlook. While she acknowledges robust demand, she predicts a slower rate of price growth compared to previous years. Falling interest rates and improving household purchasing power are expected to sustain demand, though limited housing stock will keep prices high, particularly in hotspots like Málaga city and Marbella.
Arias also points out the widening affordability gap for locals. In markets like Marbella, where the price-to-income ratio is among the highest in Spain, many buyers may be forced to turn to second-hand properties. Despite these challenges, international investors will continue to focus on tourist-centric properties, maintaining upward pressure on prices.
What Lies Ahead?
The consensus among property experts is clear: Málaga and the Costa del Sol will see another year of growth in 2025. However, the market’s upward trajectory poses challenges for local buyers, with affordability becoming a growing concern.
For prospective buyers and investors, staying informed about market trends and adjusting expectations will be key to navigating this dynamic landscape. Whether looking for a home or a lucrative investment, the Costa del Sol remains a sought-after destination—but not without its hurdles.
For more information, assistance, and a diverse portfolio of properties in Marbella, Sotogrande, La Zagaleta, and Southern Spain, visit www.luxe-villa.com or email info@luxe-villa.com.
by Paul | Jan 25, 2025 | Uncategorised
The Costa del Sol, home to the iconic destinations of Sotogrande and Marbella, epitomizes luxurious living, Mediterranean beauty, and an exceptional lifestyle. Whether you're relocating, embarking on a long-term business assignment, or seeking a seasonal getaway, renting in these sought-after areas offers unparalleled comfort and convenience. To make the most of your experience, it’s crucial to understand the local rental market and ensure a smooth, hassle-free process.
Why Choose Sotogrande or Marbella?
1. World-Class Amenities and Lifestyle
Sotogrande and Marbella both boast top-tier amenities that cater to diverse lifestyles. Sotogrande, a serene and upscale residential area, is ideal for families, retirees, or those seeking tranquility. It’s home to the prestigious Valderrama Golf Club, exclusive marinas, and pristine beaches—a haven for refined living.
Marbella, by contrast, offers an energetic vibe, with vibrant nightlife, fine dining, luxury shopping, and a lively social scene. Whether your preference leans toward peaceful retreats or dynamic city living, both towns deliver an unmatched blend of luxury and leisure.
2. Perfect Climate and Stunning Natural Beauty
The Mediterranean climate is a key attraction, offering over 300 sunny days a year, mild winters, and warm summers. This ideal weather supports a wide range of outdoor activities, from water sports to mountain hikes, allowing residents to immerse themselves in nature all year round.
3. Exclusivity and Security
Sotogrande is synonymous with exclusivity, featuring gated communities, private villas, and secure residential areas that provide peace of mind. Marbella also has its share of exclusive neighborhoods, such as the Golden Mile and La Zagaleta, known for their luxurious properties and high levels of privacy and safety. This exclusivity guarantees renters a prestigious and secure environment.
Explore the Details of This Luxurious Rental Property:
Luxe Villa in San Pedro de Alcántara https://luxe-villa.com/en/property-en/M155389_villa-san-pedro-de-alcantara/
4. Accessibility and Connectivity
The Costa del Sol’s excellent infrastructure ensures ease of travel. Sotogrande and Marbella are just a 30-minute drive apart and offer quick access to international airports in Málaga (45 minutes away) and Gibraltar (20 minutes from Sotogrande). This connectivity makes it convenient for business professionals and travelers to commute effortlessly.
Important Considerations When Renting in Sotogrande and Marbella
While the benefits of renting in these areas are clear, navigating the process wisely is essential. Here are key factors to keep in mind:
1. Understand the Rental Contract
Ensure you fully understand the terms outlined in your rental agreement. Spanish rental contracts are governed by the Ley de Arrendamientos Urbanos (Urban Leasing Law), which protects tenant rights. Clarify details such as lease duration, renewal conditions, and penalties for early termination. For short-term rentals, pay close attention to deposit requirements, cancellation policies, and any additional charges for utilities or maintenance.
2. Budget for Rental Costs and Taxes
Rental costs vary widely depending on the property’s type, location, and season. Luxury villas or prime properties near marinas or beaches command premium rates. Additionally, factor in costs like utilities, maintenance, or communal fees. Ensure your landlord adheres to tax regulations, as Spain imposes specific taxes on rental income.
3. Conduct Property Inspections
Before signing a lease, inspect the property thoroughly to ensure everything’s in working order, from plumbing and electrical systems to appliances. Request that the landlord address any issues before you move in, and document the property’s condition with photos to prevent disputes over damages later.
4. Address Legal and Language Barriers
Contracts and legal documents are typically in Spanish, so seek professional assistance from a lawyer or rental agent familiar with local laws. Translation services can also help avoid misunderstandings, ensuring you’re fully aware of your rights and obligations.
5. Be Mindful of Seasonal Demand
During peak seasons like summer or holidays, rental demand soars, especially for beachfront properties. Start your search early and act quickly when you find a suitable property. In high-demand areas like Marbella, you may need to compromise on certain aspects, such as size or location, to secure a rental.
Conclusion
Renting in Sotogrande or Marbella offers an unparalleled lifestyle in one of Spain’s most desirable regions. By diligently navigating the rental process—from understanding contracts to budgeting and securing the right property—you can enjoy a seamless and rewarding experience in this Mediterranean paradise. Whether your goal is relaxation, adventure, or a blend of both, these luxurious destinations provide the perfect backdrop for a fulfilling stay.
For expert guidance and a diverse range of rental properties in Sotogrande, Marbella, and beyond, visit www.luxe-villa.com
Apartments for Rent in Spain | Spain House for Sale | Real Estate Agent in Spain
Our experienced real estate agents are dedicated to helping you find your dream home in Spain. We have a deep knowledge of the Spanish market and can provide you with expert advice and guidance throughout the buying process.
www.luxe-villa.com or contact us at info@luxe-villa.com
by Paul | Jan 18, 2025 | Uncategorised
If you've been dreaming of owning a home in Southern Spain, now is the time to act. Recent developments in Spanish real estate policy are set to impact non-EU buyers, making early action crucial to secure your ideal property.
This week, Spanish Prime Minister Pedro Sánchez proposed a new 100% tax targeting non-EU residents purchasing homes in Spain. While the full details of this proposal remain unclear, experts suggest it could involve adjustments to the current stamp duty—which varies between 6% and 13% across Spain’s Autonomous Communities—or the introduction of a separate, specialized tax.
Adding urgency to this news is the announcement that Spain’s Golden Visa program will officially end on April 3, 2025. For years, this program has been a popular pathway for foreign investors to secure residency in Spain by purchasing property. Its upcoming closure has prompted increased interest from international buyers looking to benefit while they still can.
The Growing Appeal of Spain
Spain’s allure among foreign residents is undeniable. Over the past decade, the number of Americans living in Spain has risen by an impressive 39%, according to official statistics. The country’s combination of world-class culture, Mediterranean climate, and high quality of life makes it an irresistible destination for those seeking a fresh start, a vacation home, or a sound investment.
With nearly 27 million homes across Spain, the real estate market has been a hub of activity for foreign buyers. In the first half of 2024 alone, non-residents purchased approximately 29,000 homes, encompassing both EU and non-EU nationals. However, new restrictions may alter the landscape, so buyers should act promptly to avoid potential hurdles.
A Global Trend in Property Restrictions
Spain is not alone in considering tighter regulations for foreign property buyers. Other countries, such as Switzerland, Singapore, New Zealand, and Canada, have implemented similar measures. These range from outright bans to higher taxes and restrictions limiting purchases to new homes only. Such measures aim to address concerns about housing affordability and availability, but they can also create challenges for international buyers seeking a foothold in these desirable markets.
Your Window of Opportunity
Despite these impending changes, Southern Spain continues to offer exceptional opportunities for foreign investors. Premier locations like Sotogrande, Marbella, and La Zagaleta remain some of the most sought-after destinations for luxury real estate. Known for their stunning landscapes, vibrant communities, and exclusive amenities, these areas offer unparalleled lifestyle benefits.
Whether you’re looking for a vacation retreat, an investment property, or a permanent residence, acting now can help you secure a piece of this Mediterranean paradise before the proposed tax changes and the end of the Golden Visa program take effect.
Need Assistance?
Navigating the complexities of property purchases in Spain can be challenging, but expert guidance can make all the difference. At Luxe Villa, we offer a wide selection of properties and personalized assistance to help you find your dream home in Southern Spain. From luxurious villas in Marbella to tranquil estates in Sotogrande, we’re here to guide you every step of the way.
For more information or to explore our portfolio of exclusive properties, visit www.luxe-villa.com or email us at info@luxe-villa.com. Don’t miss this opportunity to make your dream of owning a home in Southern Spain a reality.
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