In early 2024, the Spanish coastal real estate market hit an all-time high, as new home prices surged across renowned regions. According to recent data from Idealista, the allure of Spain's coastal lifestyle continues to draw both domestic and international buyers, propelling prime market valuations to new peaks.
Marbella: The Pinnacle of Luxury Living
Leading the charge in luxury real estate is Marbella, where new-build homes command an impressive €6,314 per square metre. This glamorous enclave remains a top choice for affluent investors seeking exclusive properties, underscoring a sustained demand that defies broader economic fluctuations.
Rising Trends in Malaga and the Balearic Islands
Following closely is Malaga, with property prices at €4,383 per square metre, and the Balearic Islands, known for their idyllic setting, matching the premium of €4,312 per square metre. These areas benefit from continuous interest as lifestyle destinations for both vacation homes and long-term residency.
Benidorm's Compelling Market Appeal
Benidorm exhibits its own significant market trend with prices reaching €3,469 per square metre. Its reputation as a versatile investment hub remains strong, attracting buyers looking for both rental opportunities and personal escapes along Spain’s sun-drenched coast.
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