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Marbella · report

Foreign buyers in Marbella

Figures for Málaga province: Marbella has no reliable figures of its own.

Buyers living abroad bought 27.5% of the homes sold here in the four quarters to Q2 2026.

Bought by buyers abroad, 12 months
27.5%

Homes bought by buyers living abroad in Málaga province

Share of dwellings sold to buyers not resident in Spain, by quarter, from notarial deeds (MIVAU). Foreigners living in Spain count as residents.

Show the numbers
PeriodMálaga province
Q2 202628.1%
Q1 202627.4%
Q4 202528.1%
Q3 202526.3%
Q2 202527.2%
Q1 202529.7%
Q4 202429.2%
Q3 202429.9%
Q2 202428.4%
Q1 202427.4%
Q4 202328.0%
Q3 202329.5%
Q2 202328.3%
Q1 202328.1%
Q4 202230.0%
Q3 202231.1%
Q2 202230.7%
Q1 202230.7%
Q4 202131.2%
Q3 202128.3%
Q2 202123.0%
Q1 202119.5%
Q4 202023.2%
Q3 202024.0%
Q2 202022.7%
Q1 202024.7%
Q4 201925.6%
Q3 201926.5%
Q2 201922.8%
Q1 201921.6%
Q4 201822.9%
Q3 201825.1%
Q2 201823.5%
Q1 201824.2%
Q4 201726.1%
Q3 201728.1%
Q2 201728.0%
Q1 201725.7%
Q4 201628.8%
Q3 201632.0%
Q2 201630.8%
Q1 201633.2%
Q4 201534.0%
Q3 201534.8%
Q2 201532.8%
Q1 201530.7%
Q4 201432.9%
Q3 201433.5%
Q2 201432.3%
Q1 201433.3%
Q4 201334.9%
Q3 201329.5%
Q2 201330.6%
Q1 201329.6%
Q4 201227.1%
Q3 201225.6%
Q2 201221.4%
Q1 201218.6%
Q4 201120.0%
Q3 201120.4%
Q2 201121.0%
Q1 201120.4%
Q4 201011.0%
Q3 201015.1%
Q2 201012.4%
Q1 201012.9%
Q4 200912.7%
Q3 200913.2%
Q2 200911.9%
Q1 200912.1%
Q4 200811.3%
Q3 200813.3%
Q2 200813.5%
Q1 200816.1%
Q4 200715.5%
Q3 200713.5%
Q2 200714.6%
Q1 200713.7%

Who lives here

Net migration: the people who moved in, from abroad or the rest of Spain, minus those who left (INE, from 2021).

Net migration, Málaga province, 2024
+19,872
11.2 per 1,000 residents

Residence is not nationality: a foreigner living in Spain buys as a resident, and a Spaniard living abroad as a non-resident. MIVAU publishes counts by province, not prices, so the report describes how many homes buyers abroad take, not what they pay.

Other reports for Marbella

At the average appraised value, a 90 m² home costs €407,547. With 10% down and a 30-year mortgage, the payment is €1,554 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

Payment, two incomes
52%
Payment, one income
104%

Renting a 90 m² home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the appraised value; rent is the mean of new leases. Repaying the loan is saving, so it is left out.

Rent per month
€1,144
Owning per month
€1,442

Figures for Málaga province: Marbella has no reliable figures of its own.

25.1% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
9,653

Appraised values have fallen by 3% or more 4 times since 2005. The deepest began in Q4 2007.

Deepest fall
−34.6%
Recovery from the low
96 months

20.2% of the 100,282 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
20.2%
Empty homes
20,276