Taxation and advantages for international buyers in Marbella

Marbella and, more broadly, Andalusia have established themselves in recent years as one of Europe’s most attractive territories for international buyers of luxury real estate. Beyond the climate, lifestyle or the quality of properties, there is a decisive factor behind this boom: a highly competitive and stable tax framework.

For wealth investors, international families and UHNWI, taxation is a key element when choosing a destination. Andalusia has developed a clear policy to attract foreign capital, offering advantages that place it in a very favourable position compared to other traditional European markets.

One of Andalusia’s main attractions is the virtually total relief on inheritance and gift tax between direct relatives. This makes it possible to structure the transfer of real estate wealth efficiently, without the tax burden that exists in other European countries.

Likewise, Andalusia does not apply wealth tax, which represents a substantial difference compared to other Spanish regions and international destinations. For buyers of luxury real estate in Marbella, this advantage has a direct impact on long-term capital preservation.

As for property purchases, taxes are clear and predictable:

• Second-hand property: Property Transfer Tax
• New build: VAT + Stamp Duty (AJD)

This transparent legal environment strengthens international buyer confidence and facilitates mid- and long-term investment decisions.

The luxury real estate market in Marbella is dominated by foreign buyers. In the prime and ultra-prime segment, the vast majority of transactions are carried out without financing, reflecting both the strength of the buyer profile and confidence in the local market.

Investing in luxury villas in Marbella, beachfront penthouses or exclusive residences in gated communities is not only driven by lifestyle, but also by a wealth strategy: geographic diversification, European legal stability and capital protection against inflation.

In addition, Spain offers different residency options for non-EU citizens, further reinforcing Marbella’s appeal as an international residential destination.

International buyers do not seek only tax advantages. They seek legal security, quality of life and predictability. Marbella brings these three factors together: a mature real estate market, clear rules, a wide network of specialised professionals and a lifestyle aligned with the highest international standards.

Lifestyle in Marbella

Living in Marbella means enjoying a relaxed and safe luxury: exceptional climate, international schools, top-level private healthcare, signature gastronomy, golf, marinas and a consolidated international community. All within a stable environment and perfectly connected to the rest of Europe and the world.

BARNES Marbella supports international buyers throughout all phases of the acquisition process for luxury properties in Marbella and the Costa del Sol, coordinating tax, legal and wealth advice alongside local and international experts.

Our approach is not only real estate-related, but strategic: helping our clients make informed, secure decisions aligned with their long-term objectives.