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Luxury by the numbers

Luxury Property Prices Soar in Costa del Sol Amid Investment and Tourism Boom.

The Rise of Luxury Property Prices in Costa del Sol

The Costa del Sol region in southern Spain has experienced a significant surge in luxury property prices over the past year, with prices rising by an impressive 3.17%. This trend is not limited to a single town or area, but is a widespread phenomenon across the entire region.

Key Statistics

  • The average price per square metre in Costa del Sol stands at €7, Benahavís tops the list with property values surpassing €26 million. The region has seen a 17% increase in luxury property prices over the past year. ## Factors Contributing to the Rise*

    • Factors Contributing to the Rise

    Several factors have contributed to the surge in luxury property prices in Costa del Sol. These include:

  • Investment and Tourism: The region’s popularity as a tourist destination and its growing investment potential have driven up demand for luxury properties.

    Young families seeking a secure and family-friendly environment. Retirees looking for a warm and welcoming community. Investors seeking long-term appreciation in property values.

    The Allure of Marbella’s Luxury Real Estate Market

    Marbella, a coastal town in southern Spain, has become a magnet for luxury real estate buyers from around the world.

    Smart Villas: Where Luxury Meets Sustainability and Technology.

    Affluent Generation Z buyers are looking for smart villas that offer a unique blend of luxury, sustainability, and technology. They are willing to pay a premium for these features, which are not only desirable but also a reflection of their values.

    The Rise of Smart Villas

    The concept of smart villas has gained significant traction in recent years, particularly among affluent Generation Z buyers.

    Luxury seekers flock to Spain’s sun-kissed shores for a taste of la vida loca.

    The Resurgence of Luxury Real Estate in Spain

    The luxury real estate market in Spain has experienced a remarkable resurgence in recent years, driven by a combination of factors. The country’s rich history, stunning landscapes, and warm climate make it an attractive destination for high-net-worth individuals seeking a luxurious lifestyle.

    A Shift in Buyer Preferences

    In the aftermath of the 2008 financial crisis, the Spanish luxury real estate market experienced a significant downturn.

    This inaugural market report positions The Agency Marbella as an essential source of knowledge and analysis for understanding the present and future of the luxury real estate sector in the Costa del Sol. For more information and to arrange interviews: THE AGENCY MARBELLA +34 613 05 07 22 marbella@theagencyre.com

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