What is the minimum property price for the Golden Visa in Marbella?

The minimum is €500,000 free of mortgage encumbrances. You can combine multiple properties to reach this amount. In Marbella, this typically gets you a 2–3 bedroom apartment in a prime development, or a townhouse in sought-after urbanisations like Nueva Andalucía or Los Monteros.

What rental yield can I expect on a Golden Visa property in Marbella?

Residential long-term lets in Marbella yield 3–5% gross annually. Holiday rentals (Airbnb/Booking) in prime areas like Puerto Banús, Golden Mile or Marbella Old Town yield 5–8% gross. Net yields after costs are typically 2–4% lower.

Can I buy a new-build in Marbella for the Golden Visa?

Yes. New builds qualify for the Golden Visa. New-build properties are subject to 10% VAT instead of 7% ITP. Many investors prefer new builds in Marbella's New Development Zone for their build quality and rental potential.

Golden Visa Marbella 2026: Best Property Options

Marbella accounts for the largest share of Golden Visa property investments on Costa del Sol. With villa and apartment prices regularly starting at €500,000 in premium areas, it aligns perfectly with the minimum investment threshold.

Why Marbella for the Golden Visa?

Strong capital growth: Marbella prime property has appreciated 8–12% annually in 2023–2025, outperforming most Spanish markets.

Rental demand: Year-round demand from international renters (winter sun, golf season, summer) supports reliable rental income whether you are in Spain or not.

International community: The largest English-speaking expat community in southern Spain, with international schools, private hospitals and services in multiple languages.

Connectivity: Málaga Airport is 45 minutes away with direct flights to London, Amsterdam, Frankfurt, Dubai and 60+ other destinations.

Best Areas for Golden Visa Investment in Marbella

Golden Mile (Marbella Centro)

The strip between Marbella town and Puerto Banús. Luxury beachfront apartments and villas. Average prices: €500k–€3M+. Best for rental income.

Puerto Banús

International marina with high-end retail and restaurants. Strong short-term rental demand, particularly summer. Average prices: €400k–€2M.

Nueva Andalucía (Golf Valley)

Walking distance from Puerto Banús. Townhouses and villas around golf courses. Excellent value for the Golden Visa minimum. Average prices: €500k–€1.5M.

Sierra Blanca / Nagüeles

Exclusive hillside area with panoramic sea views. High-end villas, strong capital appreciation. Average prices: €800k–€5M+.

Los Monteros / East Marbella

Quieter, beachfront area. Family-friendly. Villas and larger apartments. Average prices: €500k–€2M.

Property Types That Qualify

All residential and commercial real estate qualifies. The most common choices for Golden Visa investors in Marbella:

1. Luxury apartments (2–3 bed, 80–150m²): €500k–€900k in prime developments

2. Townhouses: €500k–€1.2M in golf urbanisations

3. Villas: €700k–€3M+ depending on size and location

4. Multiple properties: e.g., two €280k apartments combined

Purchase Costs to Budget (Resale Property)

✓Property price: ≥ €500,000
✓Transfer tax (ITP Andalucía): 7% = €35,000
✓Notary + Land Registry: ~€3,000
✓Legal fees: 1% = ~€5,000
✓Total budget: ≈ €543,000

Rental Strategy Options

Long-term rental (12 months): €2,000–€4,500/month for a 2–3 bed apartment. Yield: 4–6%.

Holiday rental (Airbnb/Booking): €150–€400/night in season. Annual yield: 5–8% gross, but requires active management.

Hybrid strategy: Long-term in winter, holiday rental in summer. Popular with Golden Visa investors who also use the property personally.

How to Start

Costa Expat manages the full Golden Visa process in Marbella: property shortlist, due diligence, NIE, notarial purchase and visa application. Free first consultation.

Golden Visa Marbella 2026: Best Properties for €500k Investment