The Greater Marbella Area – Property rapport 2021

The Greater Marbella Area – Property rapport 2021 (updated May)

M2/ Price

Villa  Cullinan sold in La Zagaleta Benahavis South of Spain (May 2021)

€ 32,000,000  /  3100m2    = € 10.322 /m2

€ 32,000,000 10 bedroms 10 Bathrooms 3.100 m² built 13,845 m² plot

The mega-mansion, dubbed “The One,” Bel Air Los Angeles USA

€ 400,000,000  /  9754m2    = € 41.008 /m2

$500 million. / 105,000 square feet

9754m2 built  32,375m2  plot

Trends

The high end Luxury Homes, gets bigger as Buyers wants everything in the Home.

Spa, Indoor Pool, Double Height Ceilings, Staff Quarters, Extra Large Garages

The Perfect Key ready Homes sell quickly  at or near or even above the asking price.

Buyers are doing Virtual Property Viewings

A record number of homes are selling above their asking price in EU and USA

Price rise 2020  v 2021

USA : House prices rose by 11.2% from a year ago(click),

UK  : House price soars 8% in a year(click)

Germany : Berlin, prices are up 11% over the last year(click)

Dubai (UAE) : Sales of Dubai’s upscale properties, once slow, soared 230% in the first quarter of 2021, compared to the same period last year. Prices in some top-end areas rose as much as 40%(click)

Spain : Inflation will rise considerably in the next few years and assets that rise with inflation traditionally like housing are seen by the Spanish as a safer haven than leaving the money in the bank(click)

Denmark In October 2020, almost every tenth home was sold more expensive than what it was offered for(click)

Latest Listings in the greater Marbella area, click photo

see https://agent4stars.com/listings/

Please Contact me, your local Marbella Real Estate Agent, with your requirements and budget

Thank you

Stefan Katafai
[email protected]
+34 637 97 37 42
http://www.Agent4stars.com