Short notes on transactions, new mandates, and shifts in the regulatory and architectural environment. For longer pieces, see the Journal.
The Marbella Property Index snapshot of 12 August 2026 measures 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 carry a published price. These are 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. The by-zone table, each row with its own sample size, is published in full and free to reuse under CC BY 4.0.
Spain abolished the residency-by-investment programme on 3 April 2025 under Real Decreto-ley 1/2025. Buying property grants no residency at any price, and the non-property routes — government bonds, bank deposits, company shares — closed with it. Permits issued before that date continue on their original terms. The routes that remain for non-EU buyers are the Non-Lucrative Visa, the Digital Nomad Visa, the Beckham Law regime for those relocating to work, and the ENISA-approved Entrepreneur Visa. Anyone still offering a Spanish investment visa is offering something that does not exist.
Resale purchases in Andalusia pay ITP at a single rate of 7% of the declared price, unchanged since the 2021 reform that replaced the old progressive scale. Sliding bands of 7% to 11% are still quoted widely on this coast, including in places we had published them ourselves; they describe a regime that no longer applies here. New-build purchases follow a different route entirely: 10% IVA plus 1.2% AJD.
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.