A Rising Trend
In recent times, we have witnessed a remarkable trend: the growing interest of US buyers in the Spanish real estate market. Recent data from the General Council of Notaries show that, from the second half of 2022 to the first half of 2023, citizens of the world’s leading economy have invested in more than 2,600 Spanish properties, marking an unprecedented milestone.
At Engel & Völkers Marbella, we have noticed that the number of US clients has never been as high as it is today. This growth is attributed to several key reasons: in general, international buyers require less financing than local buyers, which has allowed them to avoid the impact of rising interest rates. In addition, other factors, such as favourable weather and a beneficial euro/dollar exchange rate, have contributed to this boom.
In 2023, 7% of our closed transactions involved US clients, and they also accounted for 14% of our web enquiries. This renewed American interest in Spanish property underlines the importance of Marbella as a destination of choice for international investors seeking luxury, idyllic weather and an exceptional quality of life.
What Do American Buyers Look for in Marbella?
American clients are particularly attracted to properties that offer an authentic Mediterranean lifestyle combined with luxury and exclusivity. From beachfront villas to modern flats with panoramic views, Marbella offers a diversity of options to satisfy the most discerning tastes. In addition, Marbella’s rich cultural offerings, fine dining and world-class leisure facilities make it the perfect setting for those seeking a second home or a new permanent home in the Spanish sun.
See Luxury Properties for sale in Marbella
Highlights for Americans coming to Spain
- Unrivalled Climate: A Paradise All Year Round
- Marbella boasts an exceptional climate, with over 320 days of sunshine a year. This mild Mediterranean climate is not only perfect for enjoying beaches and outdoor activities all year round, but also benefits health, thanks to its mild winters and warm, dry summers. This climatic paradise is a deciding factor for many Americans looking to escape the extremes of their country’s climate.
- Leisure and Healthy Lifestyle Opportunities
- Marbella is synonymous with a luxurious and healthy lifestyle. The town offers a wide variety of recreational activities, from golf at some of Europe’s most prestigious courses to yachting at exclusive yacht clubs. The extensive golden sandy beaches and nearby nature reserves offer countless opportunities for leisure and outdoor adventure. In addition, Marbella has positioned itself as a centre for wellness and health, with numerous spas, gyms and retreat centres promoting a balanced and healthy lifestyle.
- International Community and Connectivity
- Marbella attracts a diverse international community, which facilitates a smooth transition for Americans looking to settle in Spain. The presence of high quality international schools ensures an excellent education for the children of expatriates. In addition, connectivity to the rest of Europe and the world is easy thanks to Malaga International Airport, which is only a short drive away, providing direct flights to numerous international destinations.
- Vibrant Culture and Exquisite Gastronomy
- Spain is world renowned for its rich cultural heritage and exceptional gastronomic offerings. Marbella, in particular, is a melting pot of cultures, offering everything from international cultural events to local fiestas that reflect the authentic Spanish essence. Foodies can indulge in a wide range of options from traditional tapas in quaint tavernas to Michelin-starred fine dining restaurants. This blend of culture and gastronomy creates a vibrant and richly nuanced living experience.
The Spanish real estate market, and Marbella in particular, continues to attract the attention of international buyers, including those from the US. At Engel & Völkers Marbella, we are ready to continue to accompany our clients on this exciting real estate journey, offering exceptional properties and a service that makes the difference. If you are an American investor interested in exploring the opportunities that Marbella has to offer, our team is here to guide you towards realising your Spanish dream.