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The Costa del Sol, particularly the Marbella area, is one of the most sought-after regions for those looking to invest in luxury real estate. Known for its stunning coastline, high-end lifestyle, and favourable climate, it’s no surprise that international buyers, expats, and foreigners are flocking to the region. Whether you’re dreaming of a holiday home, a permanent residence, or an investment opportunity, buying property in Marbella is a process that requires careful planning and expert guidance. At Nueva Andalucia Villas, we specialize in helping clients find their perfect property in Marbella, Nueva Andalucia, Benahavís, La Quinta, and Estepona. With a wealth of experience in the Costa del Sol luxury real estate market, we ensure that your buying journey is seamless and stress-free. In this guide, we’ll outline the key steps for purchasing property in this beautiful part of Spain and explain how our services can help you secure the villas for sale in Nueva Andalucia of your dreams. 1. Research the Market The first step to buying property in Marbella or anywhere on the Costa del Sol is to familiarize yourself with the market. Villas and apartments vary in price depending on location, size, and proximity to the beach or golf courses. Nueva Andalucia, for instance, is renowned for its luxurious villas, making it a prime choice for investors looking for upscale properties. At Nueva Andalucia Villas, we provide an extensive portfolio of exclusive apartments and villas for sale in Nueva Andalucia, ensuring you have access to the best the market has to offer. Take your time to explore different areas of Marbella and its surroundings, such as the charming towns of Benahavís and Estepona, which are also popular with foreign buyers. Understanding what each neighbourhood has to offer will help you find a property that aligns with your lifestyle and investment goals. 2. Legal Advice and Property Experts Navigating the Spanish property market as a foreigner requires the support of local professionals. One of the first steps is to hire a reputable lawyer who specializes in property law. Your lawyer will guide you through the legalities, check the property title, and ensure there are no hidden debts or liabilities. At Nueva Andalucia Villas, we work closely with experienced and efficient local lawyers who are fluent in English and accustomed to working with international buyers. They will assist you with everything from contract reviews to ensuring your interests are protected at every stage of the transaction. We can recommend trusted legal professionals to give you peace of mind as you move forward with your purchase. 3. Get Your NIE and Open a Spanish Bank Account Before you can purchase a property in Spain, you’ll need to obtain a Número de Identificación de Extranjero (NIE), which is a tax identification number for foreigners. This is essential for buying property, setting up utilities, and paying taxes in Spain. You’ll also need to open a Spanish bank account, as many transactions, including property-related ones, must be processed through a local account. Your lawyer can assist with both the NIE application and the process of opening a bank account, making this step hassle-free. 4. Financing Your Property Purchase If you’re planning to finance your property purchase with a mortgage, it’s important to arrange this in advance. Spanish banks offer mortgages to foreign buyers, but they typically finance up to 70% of the property’s value. It’s a good idea to get pre-approved for a mortgage before you start viewing properties so you know your budget. At Nueva Andalucia Villas, we can help you connect with local banks that offer competitive mortgage rates. Whether you’re looking to invest in one of the luxurious villas for sale in Nueva Andalucia or a modern apartment in the heart of Marbella, securing financing early in the process will streamline your purchase. 5. The Offer and Purchase Process Once you’ve found your ideal property, whether it’s a chic villa in Nueva Andalucia or a serene hideaway in Benahavís, the next step is making an offer. In Spain, it is common to negotiate the asking price, and once an offer is accepted, you will sign a ‘Reserva’ (reservation contract) and pay a deposit, usually 10% of the purchase price. This reserves the property while your lawyer conducts due diligence. The next step is the ‘Contrato de Compraventa’ (purchase contract), which outlines all the terms of the sale. Once signed, you will make the final payment and complete the purchase at a public notary. Your lawyer will accompany you to ensure everything is in order. 6. Costs to Consider When buying property in Marbella, it’s important to budget for additional costs beyond the property price. These can include: At Nueva Andalucia Villas, we guide our clients through these costs, ensuring transparency at every stage. Our goal is to make the process as clear and straightforward as possible. 7. Why Choose Nueva Andalucia Villas? Buying a luxury villa in Marbella or the Costa del Sol is a significant investment, and having the right partner by your side makes all the difference. Nueva Andalucia Villas offers a personalized service to help you find the perfect property, whether you’re interested in one of the high-end developments, villas for sale in Nueva Andalucia or a beachfront apartment in Estepona. Our services include: Conclusion Investing in property in Marbella and the Costa del Sol is a fantastic opportunity, whether for personal use or as a financial investment. With expert guidance, the process can be smooth and rewarding. At Nueva Andalucia Villas, we’re here to help you every step of the way, from finding the perfect villas for sale in Nueva Andalucia to connecting you with the best legal and financial advisors. Contact us today, and let us make your dream of owning a luxury home in Marbella a reality.

Marbella, a glamorous jewel on Spain’s Costa del Sol, has become synonymous with luxury, sophistication, and breathtaking beaches. Whether you’re visiting for a short vacation or planning to explore villas for sale in Nueva Andalucia, you’re in for a treat when it comes to accommodation. With a reputation for being the playground of the rich and famous, it’s no surprise that Marbella boasts some of the finest hotels in Spain. In this blog, we will explore five of the best hotels in Marbella, all of which perfectly combine luxury with a unique local charm. Why Stay in Marbella? The Appeal of Marbella’s Lifestyle Marbella is more than just a destination for tourists; it offers a lifestyle that attracts people from all over the world. The blend of Mediterranean sunshine, luxurious amenities, and a relaxed pace of life makes it an idyllic place to call home. Whether you’re interested in renting, buying, or even developing properties, Marbella is the perfect backdrop. Vibrant Nightlife and Culture When the sun sets, Marbella comes to life with vibrant bars, nightclubs, and beachfront restaurants. From the buzzing Puerto Banús to the more laid-back beach bars, there is no shortage of entertainment. Many who invest in villas for sale in Nueva Andalucia enjoy a lively social scene just minutes from their home. Perfect for Full-Time Living and Investing in Property Marbella is not just a holiday destination. Many decide to make this city their permanent residence, thanks to its modern infrastructure, excellent healthcare, and international schools. This also makes Marbella a great place to invest in real estate, with growing demand for luxury homes and villas for sale in Nueva Andalucia. 5 Best Hotels in Marbella 1. Marbella Club Hotel – Golf Resort & Spa Experience Unmatched Luxury The Marbella Club Hotel is a luxurious haven situated right on the Golden Mile. Originally founded by Prince Alfonso von Hohenlohe, this hotel has maintained its elite status over the decades. Featuring lush gardens, private pools, and a world-class spa, it’s the ultimate spot for anyone seeking both relaxation and high-end hospitality. Perfect Location and Proximity to Villas for Sale in Nueva Andalucia What makes this hotel particularly appealing is its proximity to the most sought-after villas for sale in Nueva Andalucia. Staying here gives you easy access to explore potential investment opportunities or to enjoy the convenience of nearby luxury living. 2. Puente Romano Beach Resort World-Class Dining and Recreation Puente Romano offers more than just a place to rest. With Michelin-starred restaurants like Dani García and a world-famous tennis club, this resort is a paradise for food lovers and sports enthusiasts alike. Its beachfront location ensures that you’re never far from the Mediterranean Sea. A Hotspot for Property Investors The hotel is also close to some of Marbella’s most exclusive real estate, including villas for sale in Nueva Andalucia. If you’re thinking about investing in property, staying here provides the perfect opportunity to explore nearby neighborhoods. 3. Nobu Hotel Marbella Sophistication and Style Nobu Hotel Marbella offers an exclusive, adult-focused experience. Known for its minimalist design and famous Nobu restaurant, this hotel is ideal for those seeking chic, contemporary accommodations. Neighboring Luxury Villas for Sale in Nueva Andalucia Located near Nueva Andalucia, Nobu is perfectly situated for those who want to explore potential property investments. You can enjoy the luxury lifestyle of the hotel while scouting for villas for sale in Nueva Andalucia. 4. Amare Beach Hotel Marbella Adults-Only Exclusivity For travelers seeking peace and quiet, Amare Beach Hotel offers a unique adults-only experience. With a rooftop bar offering panoramic views and direct beach access, this hotel is a favorite for those who want a blend of relaxation and fun. A Perfect Stop While Exploring Investment Opportunities Amare’s central location makes it an excellent base for anyone considering real estate in Marbella. You can easily explore villas for sale in Nueva Andalucia and enjoy the city’s luxurious lifestyle. 5. Gran Meliá Don Pepe A Blend of Classic and Modern Luxury Gran Meliá Don Pepe is a Marbella institution that blends classic style with modern amenities. With its impressive beachfront location and exceptional service, it’s a great option for those seeking high-end accommodations. Property Development Opportunities Near This Hotel The area surrounding the Gran Meliá is prime real estate territory. Investors can find incredible villas for sale in Nueva Andalucia nearby, making it a smart choice for those looking to purchase property. Living in Marbella Full-Time The Benefits of Relocating to Marbella Living in Marbella means waking up to sunny skies and Mediterranean breezes. Beyond the weather, Marbella offers excellent healthcare, a well-connected airport, and top-tier international schools, making it a practical choice for families and retirees alike. Villas for Sale in Nueva Andalucia – Your Key to Luxury Living Nueva Andalucia is one of the most prestigious areas in Marbella. The villas for sale in Nueva Andalucia offer breathtaking views, spacious living areas, and proximity to all the best amenities Marbella has to offer. Whether you’re looking to settle down or invest, this area should be high on your list. Why Investing in Property in Marbella Makes Sense Property Appreciation and ROI Marbella’s real estate market continues to thrive, with high demand for luxury properties, especially in areas like Nueva Andalucia. With the right investment, you can expect significant returns, as properties in this area have a proven track record of appreciation. Partnering with Nueva Andalucia Villas for Property Management If you’re considering buying a villa, partnering with Nueva Andalucia Villas can streamline the process. They not only help you find the best villas for sale in Nueva Andalucia but also offer property management services to help you maximize your investment. Conclusion Marbella is the ultimate destination for both luxury living and real estate investment. Whether you’re visiting the city and staying in one of its top hotels or exploring the market for villas for sale in Nueva Andalucia, Marbella offers unparalleled opportunities. From its world-class hotels to its vibrant lifestyle, there’s no better place

Nestled in the vibrant heart of Costa del Sol, Marbella, lies a true gem: Nueva Andalucía. This serene, yet lively residential neighbourhood is much more than just a place to live; it’s a lifestyle, one that perfectly blends tranquillity with the vibrant pulse of Marbella’s famed social life. If you’re on the hunt for villas in Nueva Andalucía or simply curious about what this area offers, you’re in the right place. Why Nueva Andalucía is Marbella’s Hidden Gem Nueva Andalucía offers the perfect balance between Marbella’s luxurious city life and the calming beauty of nature. But what exactly makes it such a coveted place to live? Let’s dive into what this charming neighbourhood has to offer: A Golfer’s Paradise in the Heart of Marbella Nueva Andalucía, often called “Marbella’s Golf Valley,” is a dream come true for golf enthusiasts. It’s home to some of the finest golf courses in Spain, including: These courses are world-renowned, offering top-notch amenities, pristine greens, and stunning views that golfers of all levels can enjoy. But it’s not just the golfing experience that draws people here. It’s the backdrop of lush landscapes and luxurious villas that define the area. Shopping and Dining in Nueva Andalucía Beyond the golf courses, Nueva Andalucía is brimming with excellent shopping and dining options. The Centro Plaza Shopping Centre serves as a bustling hub where you can find everything from high-end fashion boutiques to quaint local shops. After a day of shopping, indulge in the culinary delights this neighbourhood has to offer. Whether you’re in the mood for traditional Andalusian dishes or international cuisine, the area has no shortage of fine dining experiences. Must-Try Restaurants in Nueva Andalucía Idyllic Setting Between Mountains and Sea One of the standout features of Nueva Andalucía is its perfect location, nestled between the stunning Sierra Blanca mountain range and the sparkling Mediterranean Sea. This means you’ll find breathtaking views in every direction—golf courses, the sea, and the iconic La Concha Mountain. Many villas in Nueva Andalucía are designed to capture these panoramic views, offering spacious terraces where you can unwind and take in the natural beauty. Whether it’s a villa overlooking the golf course or the Mediterranean coast, the views alone are worth the investment. Proximity to Puerto Banús – Luxury at Your Doorstep If you crave a more vibrant and lively experience, Puerto Banús is just a few minutes away. This famous marina is synonymous with luxury and glamour, often frequented by celebrities and filled with upscale boutiques, superyachts, and gourmet restaurants. Nueva Andalucía offers the best of both worlds: a peaceful retreat that’s just a stone’s throw from Puerto Banús’s bustling nightlife and opulence. You can enjoy the serenity of your villa and easily slip into the glamorous lifestyle Marbella is known for. Art and Culture in Nueva Andalucía Beyond the glitz and glamour, Nueva Andalucía also boasts a thriving art scene. With its charming galleries and annual art festivals, art enthusiasts will find plenty to explore. A must-visit is the Ralli Museum, which houses a significant collection of Latin American and European art. The blend of contemporary and classic pieces creates an inspiring space that appeals to both seasoned collectors and casual art lovers. Key Cultural Highlights in Nueva Andalucía Real Estate in Nueva Andalucía – Find Your Dream Villa Now that we’ve covered the lifestyle and amenities, let’s talk about real estate. Villas for sale in Nueva Andalucía are among the most sought-after in Marbella, thanks to their prime location, stunning architecture, and unrivalled views. Whether you’re looking for a modern villa with cutting-edge design or a more traditional Andalusian-style home, Nueva Andalucía has a wide array of properties to choose from. Types of Properties Available Why Choose Nueva Andalucía for Your Next Home? Nueva Andalucía is perfect for those who desire a peaceful, residential atmosphere without sacrificing proximity to the lively Marbella and Puerto Banús areas. Families, retirees, and professionals alike are drawn to its calm streets, expansive villas, and top-tier amenities. Our company, Nueva Andalucía Villas, specializes in helping clients find their perfect home in this beautiful neighbourhood. With our in-depth knowledge of the area and access to a wide range of properties, we can guide you through every step of the process, from initial viewing to final purchase. Whether you’re looking for a primary residence or a vacation home, we are here to help you make your Marbella dream come true. Conclusion Nueva Andalucía is more than just a neighbourhood—it’s a lifestyle that combines luxury, nature, and convenience in one beautiful package. From world-class golf courses and top-tier restaurants to art galleries and proximity to Puerto Banús, it’s no wonder so many people are drawn to this area. If you’re considering investing in villas in Nueva Andalucía, you’re not just buying a home—you’re embracing a new way of life. Let us help you find the perfect villa in Nueva Andalucía, where you can enjoy all the amenities and beauty this incredible neighbourhood has to offer. FAQs 1. What makes Nueva Andalucía a desirable place to live? Nueva Andalucía is known for its beautiful golf courses, stunning villas, excellent dining, and proximity to both nature and luxury hotspots like Puerto Banús. 2. Are there affordable properties in Nueva Andalucía? While Nueva Andalucía is known for its luxury villas, there are also more affordable options such as apartments and some excellent new developments as well. 3. How far is Nueva Andalucía from Marbella town? Nueva Andalucía is located just a few minutes’ drive from Marbella town, offering both serenity and easy access to the vibrant city life. 4. What recreational activities are available in Nueva Andalucía? Nueva Andalucía offers plenty of recreational activities, from golfing and shopping to art galleries and dining at top-tier restaurants. 5. Can you help me find a villa for sale in Nueva Andalucía? Yes! Our team at Nueva Andalucía Villas specialises in finding the perfect property for our clients. Contact us today to start your journey.

If you’re looking for a perfect blend of sun, luxury, and fun, Marbella’s beach clubs in 2024 are the ultimate destination. Known for its glamorous lifestyle and breathtaking beaches, Marbella offers a wide range of exclusive beach clubs that cater to every type of visitor, from those looking to party to those who simply want to relax. Whether you’re here for a short holiday or a long-term stay, Marbella’s beach clubs provide the ultimate experience in luxury living. Why Marbella is a Top Destination for Beach Clubs Marbella is famous for its golden beaches, upscale lifestyle, and picturesque Mediterranean views. The combination of crystal-clear waters, luxurious settings, and unparalleled service makes Marbella’s beach clubs the go-to destination for locals and tourists alike. Beyond its stunning beach clubs, Marbella is also home to a vibrant real estate market, with properties that complement the luxury and charm of this beach paradise. The Role of Nueva Andalucia Villas in Marbella’s Real Estate Scene When it comes to finding the perfect home near Marbella’s famous beach clubs, Nueva Andalucia Villas is your ideal partner. With extensive knowledge of the real estate market, Nueva Andalucia Villas can assist you in buying, selling, renting, or even developing your dream home. Whether you’re looking for a modern villa with ocean views or a cosy retreat tucked away in the hills, Nueva Andalucia Villas offers personalized solutions to make your real estate journey seamless. Top Beach Clubs in Marbella 2024 1. Ocean Club Marbella If there’s one name that stands out in Marbella’s beach club scene, it’s Ocean Club. Known for its spacious pool area, chic sunbeds, and luxury service, Ocean Club is the place to be for those who love to indulge in the high life. Expect to find an elite crowd, exquisite cocktails, and DJ sets that keep the energy alive from day to night. The club continues to be a favourite among visitors seeking a luxury beach experience. 2. Nikki Beach Marbella A global icon, Nikki Beach Marbella is all about chic beach vibes and non-stop entertainment. With its stunning beachfront setting, Nikki Beach combines great food, live performances, and luxurious sunbeds. Whether you’re in the mood to lounge under the sun or hit the dance floor, Nikki Beach delivers a memorable experience. 3. La Sala by the Sea For those who prefer a more intimate vibe, La Sala by the Sea offers a perfect balance of great music, delicious Mediterranean cuisine, and a laid-back atmosphere. It’s ideal for those looking to enjoy a peaceful day by the beach with friends or family. Located just minutes away from Puerto Banús, it is a top choice for visitors staying in the nearby villas Nueva Andalucia. 4. Amàre Beach Club An adults-only retreat, Amàre Beach Club is known for its sophisticated ambience and stunning ocean views. With gourmet dining options, luxurious sunbeds, and an exclusive rooftop bar, Amàre Beach Club offers a more refined beach experience, perfect for couples or groups of friends seeking a stylish day out. 5. Marbella Club Beach Club For classic elegance, Marbella Club Beach Club is unmatched. This luxurious beach club is part of the famous Marbella Club Hotel and offers a private and peaceful experience. You can relax on the sunbeds, savour delicious Mediterranean dishes, and take in the beauty of Marbella’s coastline. It’s the epitome of timeless luxury in Marbella. Emerging Beach Clubs to Watch in 2024 While the established beach clubs continue to attract the crowds, Marbella is always evolving. In 2024, expect to see new names popping up that offer fresh takes on the beach club experience. These new clubs promise innovative concepts, blending luxury with unique themes to stand out in Marbella’s competitive beach scene. Why Choose Beach Clubs in Marbella? Marbella’s beach clubs offer more than just a place to sunbathe—they’re destinations where relaxation meets excitement. From luxury pools to gourmet dining, live music, and exceptional service, these clubs provide everything you need for a day of indulgence. Whether you’re in it for the lively parties or just want to unwind with a cocktail, there’s something for everyone. The Importance of Villas in Nueva Andalucia If you want to be close to Marbella’s top beach clubs, renting or owning a villa in Nueva Andalucia is your best option. Located just minutes from the coast and Puerto Banús, these villas offer easy access to the hottest beach clubs while providing a private, luxurious escape. Whether you’re planning to stay for a weekend or a season, villas in Nueva Andalucia offer unmatched convenience and comfort. Planning Your Stay: Combining Luxury Villas and Beach Clubs For a truly exclusive Marbella experience, why not combine the luxury of a villa in Nueva Andalucia with the excitement of the beach clubs? Nueva Andalucia Villas can help you find the perfect property near the beach, ensuring that you’re never far from the action. Imagine waking up in your own private villa and heading to your favourite beach club for a day of sun and fun—this is the ultimate Marbella lifestyle. Conclusion In 2024, Marbella continues to shine as the top destination for luxury beach clubs, offering something for everyone. Whether you’re seeking a high-energy atmosphere or a peaceful retreat, Marbella’s beach clubs deliver. And with the help of Nueva Andalucia Villas, you can find the perfect home to make your beachside dreams a reality. FAQs What is the best beach club in Marbella?Ocean Club is widely considered one of the top beach clubs for its luxury amenities and vibrant atmosphere. How much do beach clubs in Marbella cost?Prices vary, but sunbed rentals can range from €30 to over €200, depending on the club and season. Can I rent a villa near the beach clubs?Yes, Nueva Andalucia Villas offers a variety of properties just minutes away from Marbella’s top beach clubs. Are beach clubs in Marbella family-friendly?Some beach clubs are family-friendly, but many cater specifically to adults. It’s best to check ahead. Why is Marbella popular for beach clubs?Marbella’s unique combination of

If you’re planning a trip to the beautiful region of Andalucia this year, you’re certainly not alone. Recent statistics have revealed that tourism in this part of Spain is booming, with the Costa del Sol and Málaga province experiencing a record-breaking 14 million overnight stays in the first half of 2024. This remarkable figure is a significant leap from the 1.1 million stays recorded during the same period in 2023, signaling an unprecedented surge in the area’s appeal as a tourist destination. These numbers are especially impressive considering that 2023 was already a landmark year for the Costa del Sol, setting a new high for annual tourism. The data from 2024 suggests that the trend is not only continuing but accelerating, making the Costa del Sol an even more attractive destination for visitors from around the world. Southern Spain Continues to Attract Tourists in Droves The impressive growth in tourism on the Costa del Sol has been highlighted by Spain’s national statistics institute, INE. This data, regularly compiled into a tourism report by Turismo Costa del Sol, sheds light on the incredible performance of the region’s tourism sector. The most recent report reveals a key milestone: for the first time, all types of tourist accommodations—excluding holiday rental properties, which are not yet part of these monthly analyses—have collectively surpassed 14 million overnight stays in the first half of the year. This represents a 9% increase compared to the same period in 2023, translating to an additional 1.1 million stays. Such robust growth is particularly noteworthy given that January and February are traditionally the quieter months for tourism on the Costa del Sol. International Visitors Power the Surge in Tourism One of the most striking aspects of the recent tourism boom in Andalucia is the crucial role played by international visitors. The statistics show a significant 13.4% increase in the number of nights booked by tourists from outside Spain, highlighting the global appeal of southern Spain as a travel destination. This surge in international visitors underscores the region’s growing reputation as an attractive year-round destination, not just during the peak summer months. As noted by SUR in English, a local newspaper, improved flight connections during the off-season have started to make a noticeable impact, contributing to this upward trend in tourism. Out of the 14 million overnight stays recorded in the first six months of 2024, hotels were the accommodation of choice for the majority, accounting for 10 million of those stays. This indicates that while holiday rentals are popular, traditional hotels remain the preferred option for many tourists visiting the Costa del Sol. A Diverse Array of Visitors Flocking to the Costa del Sol The data also provides fascinating insights into the origins of the tourists flocking to southern Spain. In June alone, over 60% of visitors to the Costa del Sol were from international markets, with the United Kingdom, Germany, France, and the Netherlands leading the way. These countries have historically been strong contributors to the region’s tourism, and their continued interest bodes well for the area’s future. Moreover, there has been noticeable growth in visitors from other European markets, including Italy, Belgium, and Poland. This diversification of tourist origins not only strengthens the region’s tourism sector but also highlights the widespread appeal of Andalucia’s unique blend of sun, culture, and natural beauty. What This Means for the Real Estate Market in Nueva Andalucia The surge in tourism is more than just good news for local businesses; it also has significant implications for the real estate market, particularly in sought-after areas like Nueva Andalucia. With more people discovering and falling in love with the region, demand for property is on the rise. Whether it’s a holiday home, a rental investment, or a permanent residence, the growing popularity of the Costa del Sol is fueling a robust property market. For those looking to invest in real estate, there has never been a better time. The increase in international visitors, many of whom may consider buying property after experiencing the region’s charm, suggests that property values are likely to continue rising. This makes now an ideal time to explore real estate opportunities in Nueva Andalucia. At Nueva Andalucia Villas, we are perfectly positioned to help you navigate this thriving market. Whether you are looking to buy or sell, our experienced team can provide expert guidance and support throughout the process. With our deep knowledge of the local market and commitment to personalized services, we can help you find the perfect property to meet your needs. As tourism continues to grow, so too does the potential for real estate investment in this beautiful part of Spain. Let us help you make the most of it.

Nueva Andalucia Villas has long provided real estate services across the Costa Del Sol, and with ample data has seen much change in the region. Spain has experienced constant increases in the cost of renting housing during the first half of 2024. With a 2.3% increase at the end of the second quarter, there was a 9% increase year over year. As a result, the average monthly cost per square metre is now 12.65 euros. The mismatch between supply and demand is the primary cause of the sharp and rapid increase in rental costs. With growth forecasts, the demand is currently high and the supply is progressively running out. The issue is become more and more significant. More rental housing is required to halt this tightening, and this can be achieved by promoting housing rehabilitation and transfer, bolstering legal security and regulatory clarity, and establishing a geographical policy of decentralisation of opportunities so that demand is not just concentrated but also distributed in the big cities, as stated by Fotocasa representative María Mator. Independent Communities In 15 localities, the cost of renting a home in Spain increased in the second quarter of 2024, while prices in 17 communities increased annually. Cantabria (13.8%), Madrid (7.6%), Asturias (6.6%), Galicia (6.3%), Extremadura (6.0%), Basque Country (4.9%), Catalonia (4.7%), Valencian Community (4.2%), Aragon (3.2%), Balearic Islands (3.1%), Canary Islands (3.1%), Castilla y León (2.8%), Castilla-La Mancha (1.7%), and Andalusia (0.8%) are the regions that have experienced increases. In terms of price ranking by community, Madrid and the Balearic Islands are at the top and surpass the €18.00 p/m² threshold. In particular, prices in Madrid reached up to €19.71 p/m² per month, while in the Balearic Islands, they increased to €18.09 p/m² per month. Both communities surpass the values of the historical records, setting new highs. Following them were the Basque Country (€16.10 p/m² per month), the Canary Islands (€13.87 p/m² per month), Cantabria (€13.74 p/m² per month), the Valencian Community (€12.43 p/m² per month), Navarra (€11.21 p/m² per month), Andalusia (€10.56 p/m² per month), and Asturias (€10.35 p/m² per month). Provinces: 42 quarterly hikes and 48 interannual increases were reported in the provinces during the second quarter of 2024. The provinces of Guadalajara (15.7%), Cantabria (13.8%), Jaén (11.8%), and Murcia (10.2%) experienced the biggest quarterly gains. Conversely, the following provinces had quarterly declines: Huesca (-4.4%), Teruel (-7.1%), Gipuzkoa (-0.7%), Burgos (-0.6%), Navarra (-3.3%), Valladolid (-3.9%), and La Rioja (-3.7%). Madrid and Barcelona are the top two provinces in the pricing ranking, surpassing the monthly barrier of €19.00 p/m². In particular, Madrid’s monthly fee climbed to €19.71 p/m², while Barcelona’s increased to €19.49 p/m². Both provinces exceeded the prior historical highs to reach new maximums. Ciudad Real, at €6.09 p/m² per month, Teruel, at €6.13 p/m² per month, Jaén, at €6.17 p/m² per month, Palencia, at €6.86 p/m² per month, Cáceres, at €6.88 p/m² per month, and Badajoz, at €6.95 p/m² per month, are the most economical provinces. Marbella Reigns Supreme as the Premier Luxury Real Estate Destination in 2024  With its immaculate beaches, world-renowned golf courses, and dynamic lifestyle, Marbella continues to be the preferred destination for luxury property buyers around the globe in 2024. The demand for upscale real estate is skyrocketing, driven by the region’s breathtaking scenery and superb climate. The property market in Malaga province is witnessing extraordinary growth. Both rental and sale prices are consistently reaching new heights month after month.  Contact Nueva Andalucia Villas  For those looking to rent a property, rent out their own property, or even sell their property, Nueva Andalucia Villas is the ideal agency to contact. We are experts in the local real estate market and are committed to providing high-quality services to meet all your real estate needs. Don’t hesitate to contact us for more information and to find out how we can assist you.