Short notes on transactions, new mandates, and shifts in the regulatory and architectural environment. For longer pieces, see the Journal; for this week's figures, the market barometer.
€1.5M-floor snapshot of 12 August 2026 (superseded — the index has measured the full register from €350,000 since 13 August 2026). At that floor the Marbella Property Index measured a median asking price of €2,932,500 and a median asking rate of €6,903 per built square metre, across 598 catalogued residences of which 581 carried a published price. These were asking prices of residences listed on that date — Spain publishes no per-property closing prices, so neither we nor anyone else can tell you what any of them completed at. Current asking prices by zone, each with its sample size and date, are on the Marbella Property Index, published in full and free to reuse under CC BY 4.0.
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. Applications filed before that date are decided under the old rules, and permits already granted keep their validity and can be renewed under them. The residence routes described on this site are the Non-Lucrative Visa, the Digital Nomad Visa and the Entrepreneur Visa. The Beckham regime is a tax option that can sit on top of a work-based route; it is not a route itself. Anyone still offering a Spanish investment visa is offering something that does not exist.
ITP on a resale in Andalusia is 7% of the price, or of the Catastro's reference value if that is higher (Article 41 of Andalusia's Ley 5/2021; Article 10.2 of the ITP-AJD law). It has been a single 7% rate since 2021; the earlier scale was 8%, 9% and 10%. Sliding bands are still quoted widely on this coast, including in places we had published them ourselves; they describe a regime that no longer applies here. A new build follows a different route: it pays IVA at 10% plus AJD at 1.2% (11.2% together) and no ITP.
We send a short newsroom digest by email, twice a month — for principals who would like to know before the longer report arrives by post.