Marbella’s premium “Golden Triangle”—covering Marbella, Estepona, and Benahavís—continues to lead Europe’s luxury property market, showing strong growth despite wider economic challenges.
New data from DOM3 business association shows 8,708 luxury property sales across the three top locations in 2024, marking a solid 5.64% increase from the previous year. Marbella topped the list with 4,745 sales, followed by Estepona (3,162) and Benahavís (801). Industry experts call this “steady and healthy” growth.
Global buyers drive success : International wealthy buyers power this growth, making up over 90% of sales at top agencies. Marbella now stands alongside Dubai, Miami, and London as a world-class investment spot. The area’s 167,000 residents include over 55,000 foreigners from 152 different countries, creating a truly international community.
Spain reached record levels of foreign buyers in the first quarter of 2025, with 21,525 international buyers making up 14.1% of all property sales nationwide. Málaga province shows even stronger numbers at 34.75% foreign buyers—proving the region’s strong appeal to global investors.
High demand, limited supply : Even with rising prices and choosy buyers, luxury property demand far exceeds what’s available in key areas. The market stays strong because of excellent lifestyle options, top-quality infrastructure, and reliable investment returns.
Industry leaders stress the need for smart pricing and better infrastructure to keep the region as Europe’s top choice for luxury property investment.
