Average property price per metre:
EVOLVING LIVING, HAS SEEN A SURGE IN DEMAND FOR PROPERTIES IN THE SUN
Marbella
Price Growth in the last year:
16.8%
Price Growth in the last Five years:
63.4%
Rental Rate Growth in the last year:
23%
(Marbella Town 29.5%)
Post pandemic, a surge in property demand has been widely reported, leading to strong house price and expediential rental growth across Spain. Not least on the sunshine coast of the Costa Del Sol the Spanish Government reported a decline of 31% in available rental properties and a net migrations increased of over 36,000.
YOUR PROPERTY INVESTMENT ASPIRATIONS ARE AS INDIVIDUAL AS YOU ARE
ESTEPONA
Average property price per metre:
€3,007
Price Growth in the last year:
17.5%
(New developments 20.5%)
Price Growth in the last Five years:
66.4%
Rental Rate Growth in the last year:
34.9%
We understand the complexity of the market and where the demand is coming from. The government reports that almost 50% of all sales were to international buyers, led by the UK 9.3%, Germany 8.04% & France 6.25% . With significant sales increases from the USA up 76%, Netherlands up 121% & Norwegian and Danish buyers both up over 100%. In the larger volume sales, Germany leads with over 77% growth in market activity and the UK up 68.5%.
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