Marbella, September 2025 – JUST Real Estate has released its Q2 2025 property market report, confirming another resilient quarter across Marbella, Estepona, and Benahavís. With more than 2,450 transactions recorded, sales volumes remained ahead of 2024 levels, underpinned by strong international demand and limited supply.
In Marbella, activity remained concentrated in prime areas such as the Golden Mile and Sierra Blanca. Around 1,200 properties were sold in Q2, with average asking prices reaching €5,170 per square metre — almost 10% higher than a year ago. Villas and penthouses above €2 million continued to attract cash-rich buyers, keeping momentum in the luxury segment.
Estepona delivered one of the strongest results on the Costa del Sol. With approximately 1,000 sales — more than 50% above last year — the town saw prices climb to €3,874 per square metre, driven by demand for new-build homes and expanding infrastructure such as the extended beachfront promenade and new schooling options.
Benahavís reaffirmed its position as the ultra-prime enclave. Around 250–280 transactions were completed, mostly resales, with average prices at €4,963 per square metre. Prestigious gated communities including La Zagaleta and El Madroñal remained the benchmark for exclusivity and long-term stability.
JUST Real Estate’s report highlights that international buyers continue to dominate, led by Scandinavia, the UK, Benelux, and Germany, alongside growing demand from the US and Middle East. Over half of all transactions were closed without mortgages, reflecting the financial strength of the buyer base.
The outlook for the second half of 2025 remains positive. Marbella is expected to maintain its leadership in the luxury segment, Estepona will continue attracting value-driven buyers through its new developments, and Benahavís will reinforce its role as the benchmark for ultra-prime gated estates.
JUST Real Estate’s full Q2 2025 Market Report is now available to download via justrealestate.es.
Our latest listings
View our latest listings of luxury properties for sale, where sophistication and comfort come together for an exceptional living experience.
Wonderful south facing. two bedroom duplex penthouse located in the highly sought-after Carolina Park on Marbella’s prestigious Golden Mile
- 2 beds
- 2 baths
- Interior: 72 m²
Exceptional three bedroom apartment situated in a highly sought-after community La Carolina Park, on Marbella’s Golden Mile
- 3 beds
- 2 baths
- Interior: 72 m²
Three-bedroom townhouse with views in the best residential area of Nagueles
- 3 beds
- 3 baths
Fully renovated two bedroom, ground floor apartment in the well-known and gated community Marbella Real
- 2 beds
- 2 baths
- Interior: 94 m²
THE CAPRICHO – _ -Zona Guadalpin – Marbella – Golden Mile
- 2 beds
- 2 baths
Fantastic 3 beds apartment on The Golden Mile
- 3 beds
- 3 baths
Three bedroom, south facing duplex penthouse with sea views, located in the sought-after community of Pinos de Nagüeles, on Marbella’s Golden Mile
- 3 beds
- 3 baths
- Interior: 110 m²
Three-bedroom townhouse in a Mediterranean village-style community in Nagules
- 3 beds
- 3 baths
Charming south facing, three bedroom townhouse located in the sought-after gated community of El Capricho on Marbella’s Golden Mile
- 3 beds
- 3 baths
- Interior: 176 m²
Stunning apartment on The Golden Mile, direct access to to the beach
- 2 beds
- 2 baths
New Apartment on Marbella Golden Mile Beachfront
- 1 Bed
- 1 Bath
- Interior: 66 m²
Spectacular double apartment with 5 bedrooms for sale in Nagüeles, Marbella
- 5 beds
- 3 baths
