Prime prices, buyer demand and where we expect the coast to move over the next twelve months.
Prime Marbella enters 2026 with the strongest fundamentals we have seen in a decade — but not every corner of the coast will perform the same. This is our house view for the year ahead.
Demand: structurally strong
International buyer enquiries into prime Marbella remain at multi-year highs. Northern European, British and US buyers continue to lead, with Middle Eastern capital returning in volume during 2025.
Supply: still thin at the top
Truly turnkey villas under €5M remain scarce. New-build pipelines are healthier in Benahavís and the New Golden Mile, but central Marbella prime stock is not being replenished at the rate it is transacting.
Pricing: selective growth
Prime per-square-metre values in the Golden Mile, Sierra Blanca and top gated Nueva Andalucía communities are 8–14% above their 2023 baseline. Secondary stock — dated finishes, awkward layouts, compromised orientations — has barely moved.
Rates and lending
The Euribor easing cycle is finally supporting the mortgage-dependent buyer. That said, more than 70% of our prime transactions still complete in cash.
Our view
We expect prime central Marbella to deliver 5–8% capital growth. Benahavís and the upper Estepona corridor to outperform on capital. Rental yields to hold.
Speak to a partner
Considering a move — or a sale — on the coast?
Every enquiry is handled personally by a partner, in private. We reply within 24 hours.
