Buying Property in Marbella & Costa del Sol – Complete Buyer’s Guide 2026
Buying property in Marbella and the Costa del Sol is an exciting opportunity to enjoy one of Europe’s most desirable destinations while also making a secure lifestyle or investment purchase. From luxury villas in Marbella and beachfront apartments in Estepona to golf properties in La Cala de Mijas and modern new developments across the Costa del Sol, Southern Spain continues to attract international buyers from around the world.
With over 320 days of sunshine each year, world-class golf courses, beautiful beaches, excellent international schools, modern healthcare, and Málaga International Airport connecting the region with the rest of Europe and beyond, the Costa del Sol offers an exceptional quality of life combined with strong long-term property demand.
At Inter Marbella, we guide buyers through every stage of the purchase process, helping international and local clients find the right property while ensuring the transaction is handled smoothly, professionally, and securely.
Why Buy Property in Marbella & Costa del Sol?
The Costa del Sol remains one of the strongest and most attractive real estate markets in Europe. Whether you are searching for a permanent residence, holiday home, retirement property, or investment opportunity, Marbella and the surrounding areas offer something for every buyer.
Key Reasons Buyers Choose Marbella & Costa del Sol
Exceptional Climate
Enjoy over 320 days of sunshine annually with a mild Mediterranean climate throughout the year.
Strong Property Investment Potential
Marbella and the Costa del Sol continue to attract high international demand, supporting long-term capital growth and rental opportunities.
Luxury Lifestyle
From Michelin-starred restaurants and luxury beach clubs to golf resorts and marinas such as Puerto Banús, the region offers a world-class lifestyle.
Excellent Accessibility
Málaga International Airport provides direct connections to major cities across Europe, the Middle East, and North America.
Golf & Sports Facilities
The Costa del Sol is internationally recognised as the “Costa del Golf,” offering some of Europe’s finest golf courses and sports facilities.
International Community
The area is home to a well-established international community with multilingual services, international schools, healthcare facilities, and modern infrastructure.
Rental Demand
Holiday rentals and long-term rentals remain highly sought after in many areas, making the Costa del Sol attractive for investors.
Popular Areas to Buy Property on the Costa del Sol
Marbella
Known for luxury villas, beachfront apartments, golf communities, and exclusive areas such as the Milla de Oro, Sierra Blanca, Nueva Andalucíay Puerto Banús.
Estepona
A fast-growing luxury destination offering modern developments, beachfront communities, and a charming Andalusian town centre.
Benahavís
Highly regarded for luxury gated communities, golf resorts, privacy, and panoramic mountain and sea views.
Mijas Costa & La Cala de Mijas
Popular with international buyers looking for beach access, golf properties, family communities, and excellent value for money.
Fuengirola & Higuerón
Well-connected coastal areas offering modern developments, beachside living, and excellent transport links.
Can Foreigners Buy Property in Spain?
Yes. Foreigners can freely buy property in Spain, including Marbella and the Costa del Sol.
Buyers from the UK, Europe, the USA, the Middle East, and many other countries purchase properties in Spain every year without restrictions on ownership.
You do not need to become a Spanish resident to buy property in Spain.
Both EU and non-EU citizens can purchase:
Apartamentos
Villas
Adosados
Áticos
New developments
Commercial properties
Investment properties
Many international buyers also complete purchases remotely through a legal representative using a power of attorney.
Step-by-Step Guide to Buying Property in Spain
Step 1 – Choose a Trusted Estate Agent
Working with an experienced and reputable estate agent is essential when buying property in Marbella and the Costa del Sol.
The Costa del Sol operates through a shared listing system where many agencies collaborate and share properties. This means buyers can often access a large selection of properties through one professional agency.
At Inter Marbella, we help buyers:
Identify the best areas
Arrange property viewings
Compare properties
Negotiate offers
Coordinate with lawyers and banks
Manage the process from start to finish
Step 2 – Obtain an NIE Number
An NIE number (Número de Identificación de Extranjero) is a foreign identification number required for property purchases in Spain.
It is necessary for:
Buying property
Opening a Spanish bank account
Paying taxes
Utility contracts
Your lawyer can normally assist with obtaining your NIE number.
Step 3 – Open a Spanish Bank Account
Although not legally mandatory, having a Spanish bank account is highly recommended.
This simplifies:
Mortgage payments
Utility payments
Community fees
Property taxes
Insurance payments
Spanish banks may also require proof of income and identification documents.
Step 4 – Appoint an Independent Lawyer
Using an independent solicitor experienced in Spanish property law is strongly recommended.
Your lawyer will:
Conduct legal checks
Verify ownership
Check debts and charges
Review licences and planning permissions
Verify community fees
Review contracts
Assist with completion
Step 5 – Reservation Contract
Once an offer is accepted, a reservation contract is usually signed.
A reservation deposit is typically between:
€6,000 and €10,000
The property is then removed from the market while legal checks are carried out.
Step 6 – Legal Due Diligence
Your lawyer will conduct comprehensive checks including:
Property Ownership Verification
Confirming the legal owner and title deed details.
Land Registry Checks
Checking for debts, charges, embargoes, or restrictions.
Urban Planning & Licences
Verifying planning permissions, first occupancy licences, and building legality.
Community Fees
Checking for unpaid community charges.
Tourist Licence Verification
Important for buyers planning short-term rentals.
Utility & Tax Verification
Ensuring utility bills and local taxes are up to date.
Step 7 – Private Purchase Contract
After satisfactory legal checks, a private purchase contract is signed.
At this stage, buyers usually pay:
Approximately 10% of the purchase price
Completion terms and timelines are agreed between both parties.
Step 8 – Completion at the Notary
The final completion takes place before a Spanish Notary.
At completion:
The balance payment is made
Title deeds are signed
Ownership transfers to the buyer
Keys are handed over
Step 9 – Registration & Utility Transfers
Following completion:
The property is registered in the buyer’s name
Taxes are paid
Utilities are transferred
Direct debits are arranged
Your lawyer will normally handle these final administrative procedures.
Costs of Buying Property in Spain
Buyers should budget for additional purchase costs on top of the property price.
Resale Properties
Estimated purchase costs:
Approximately 10%–12%
Typical costs include:
ITP Transfer Tax
Notary fees
Land Registry fees
Legal fees
Administrative costs
Andalusia Transfer Tax (ITP)
Currently generally:
7% of the purchase price
Novedades
Estimated purchase costs:
Approximately 13%–14%
Typical costs include:
VAT (IVA) – 10%
Stamp Duty (AJD)
Legal fees
Notary fees
Registry fees
Annual Ownership Costs
IBI Property Tax
A local annual council tax based on the cadastral value.
Community Fees
Applicable for apartments and gated communities covering:
Gardens
Swimming pools
Seguridad
Maintenance
Basura Tax
Local rubbish collection tax.
Servicios
Electricity, water, internet, and gas where applicable.
Home Insurance
Recommended for all property owners.
Non-Resident Tax
Applicable for non-resident property owners in Spain.
Mortgages in Spain
Non-residents can apply for Spanish mortgages.
Typical Mortgage Conditions
Non-Residents
Generally:
Up to 60%–70% loan-to-value
Residents
Potentially:
Up to 80% loan-to-value
Spanish banks usually require:
Proof of income
Bank statements
Credit history
Tax returns
Both fixed-rate and variable-rate mortgages are available.
Buying Property as an Investment
Marbella and the Costa del Sol continue to attract strong international demand from holidaymakers, long-term residents, and remote workers.
Popular Investment Strategies
Holiday Rentals
Especially popular in:
Marbella
Puerto Banús
Nueva Andalucía
Estepona
La Cala de Mijas
Elviria
Long-Term Rentals
Strong demand from:
International residents
Families
Professionals
Digital nomads
Novedades
Many buyers invest in off-plan properties due to:
Modern specifications
Energy efficiency
Strong resale potential
Payment stage structures
Tourist Licences in Andalusia
Buyers planning short-term holiday rentals should verify whether a property can obtain or already holds a tourist licence.
Regulations may vary depending on:
Municipality
Community rules
Property type
Inter Marbella can help connect buyers with trusted legal professionals and rental specialists for updated guidance.
Common Mistakes Buyers Should Avoid
Not Using an Independent Lawyer
Always use your own independent solicitor.
Underestimating Purchase Costs
Budget properly for taxes and legal fees.
Not Checking Community Rules
Some communities restrict holiday rentals.
Ignoring Location Factors
Walking distance, orientation, views, and infrastructure significantly affect value and rental demand.
Failing to Check Licences
Always verify planning legality and occupancy licences.
Using Multiple Agents Inefficiently
Working closely with one trusted and experienced agency can often simplify the buying process significantly.
Why Choose Inter Marbella?
Inter Marbella offers professional guidance and local expertise throughout the Costa del Sol property market.
Our Services Include
Access to properties across the entire Costa del Sol
Marbella luxury property expertise
New development guidance
Investment property advice
Virtual property tours
Assistance for international buyers
Legal and mortgage introductions
After-sales support
Rental and management guidance
We work with buyers from around the world and understand the importance of transparency, communication, and professional service throughout every stage of the purchase process.
Frequently Asked Questions
Can foreigners buy property in Spain?
Yes. Foreigners can freely purchase property in Spain without restrictions.
Do I need residency to buy property in Spain?
No. Residency is not required to own property in Spain.
What is an NIE number?
An NIE is a foreign identification number required for property transactions and tax purposes.
How much are buying costs in Spain?
Typically around:
10%–12% for resale properties
13%–14% for new developments
Can UK citizens still buy property in Spain after Brexit?
Yes. UK citizens can still freely buy property in Spain.
How long does the buying process take?
Most purchases complete within:
4 to 8 weeks
Can I get a mortgage in Spain as a non-resident?
Yes. Spanish banks regularly provide mortgages to international buyers.
Is Marbella a good property investment?
Marbella remains one of Europe’s strongest lifestyle and luxury property markets with consistent international demand.
Can I rent out my property in Marbella?
Yes, although short-term rentals may require a tourist licence and compliance with local regulations.
What are community fees?
Community fees contribute to the maintenance of communal areas such as pools, gardens, security, and lifts.
Start Your Property Search with Inter Marbella
Whether you are searching for a luxury villa in Marbella, a beachfront apartment in Estepona, a golf property in La Cala de Mijas, or a modern penthouse on the Costa del Sol, Inter Marbella is here to help you every step of the way.
Contact our team today for professional advice, personalised property recommendations, and expert guidance on buying property in Marbella and the Costa del Sol.
Inter Marbella
Tel: +34 951 708 422
Email: [email protected]
Website: https://intermarbella.com