This review used to open with a count of residences, a median asking price and a figure per square metre typed in June 2026, when the published register started at €1.5 million. Those figures have been withdrawn. The published register starts at €350,000. The curated Selection tier starts at €1.5 million. The Marbella Property Index has measured the whole published register from €350,000 since 13 August 2026. Current asking prices by zone, each with its sample size and date, are on the Marbella Property Index (museselection.es/marbella-property-index).
What a half-year review cannot contain is the other side of the market. Spain publishes no per-property closing prices, so no sold price, sales count or volume can be stated for any zone. No appreciation or year-on-year figure exists for these addresses: it would need closing prices at two dates, and Spain publishes none. No days-on-market figure is published: no public record shows when a listing sold. The gap between asking and closing prices cannot be published: Spain records no per-property closing prices.
Buyer nationality is in the same position. No public dataset records buyer nationality at this price level. Two things about residence are law rather than estimate. Since the United Kingdom left the EU, British nationals need a visa to stay in Spain for more than 90 days in any 180. And Spain's investor residence visa (the Golden Visa) — every route, not only property — was abolished by Ley Orgánica 1/2025 of 2 January (final provision 21), in force since 3 April 2025. Buying property gives no right of residence at any price. No public data measures the effect: Spain publishes no sales by buyer nationality or visa status at this price level. From the desk's own enquiries we see no change we can attribute to it.
New development is the part of supply that can be observed directly, because a scheme is announced before it is built. Where new schemes are concentrated — the Estepona New Golden Mile and the Nueva Andalucía golf valley — a resale seller competes with new product that offers what an older house does not: spa, concierge, EV charging, a high energy rating. That is an observation from the desk's own viewings, not a count. No public dataset measures the size of the premium: it would need matched closing prices, and Spain publishes none.
La Zagaleta sits apart from this: a private estate of about 230 plots in Benahavís, where the number of residences on offer at any time is small. Its page in the Marbella Property Index shows the live count, the median asking price and the sample size.
Transaction timeline: a cash purchase typically takes two to three months from reservation to deed; longer with a mortgage.
The second half of 2026: the desk does not forecast. What can be watched is the asking side — the Marbella Property Index pages are rebuilt from the register once a day, each figure with its sample size and date.