Marbella, Spain is a stunning coastal city that has been attracting more and more people due to its unique charm and affordable cost of living.
With a growing population and enviable cultural scene, it’s easy to see why Marbella is quickly becoming a popular destination for those seeking a mild, sunny climate and a relaxed lifestyle.
In this article, we’ll provide you with all the information you need to know about the average cost of living in Marbella, Spain.
From property prices to the cost of food and transportation, we’ll give you a comprehensive overview of what it’s like to live in this beautiful city.
Key Takeaways
- Marbella can offer an affordable cost of living and a relaxed lifestyle if you have some local knowledge
- The city boasts picturesque beaches and an enviable cultural scene.
- From property prices to the cost of food and transportation, we’ll provide you with a comprehensive overview of the average cost of living in Marbella.
- Homes with no seaview cost considerably less
Average Cost of Living in Marbella
The average cost of living in Marbella for a single person is €1337 per month, while a family of four can expect to spend around €2723 per month.
These figures include the cost of accommodation, utilities, food, and transportation.
However, it’s important to note that these figures are only averages and can vary depending on an individual’s lifestyle.
If you can budget well and live a simple lifestyle then you can live in this popular location for less than you might imagine.
Of course, if your lifestyle is fast cars and parties…. It’s going to cost you!
Overall, Marbella is a beautiful city with a moderate cost of living, making it a popular destination for many people.
Benefits of Living in Marbella
Accessibility
Marbella is easily accessible as it is located less than an hour away from the international airport in Málaga.
With direct and connecting flights arriving in Málaga year-round, getting to and from Marbella is a breeze.
Formidable Weather
Marbella boasts one of the sunniest climates in Europe, with over 300 sunny days per year.
The summers are warm and pleasant because of the city’s proximity to the sea, and the winters are mild and comfortable.
Outdoor Activities
Marbella’s beautiful weather and access to mountains and beaches make it an outdoor enthusiast’s paradise.
The nearby national parks offer excellent opportunities for walking and hiking, while the beaches are perfect for enjoying the sun and sea.
With world-class golf courses and excellent facilities for boaters, there’s always something to do in Marbella.
A Cultural Oasis
Marbella is a cultural hotspot with a vibrant shopping, dining, and nightlife scene.
With a wide variety of options available, there’s never a shortage of things to do in Marbella.
A Slower Pace of Life
Marbella is famous for its relaxed, easygoing pace of life.
It’s a cosmopolitan place with an ideal work/life balance, making it a great place to live for those looking to slow down and enjoy a more relaxed lifestyle.
Average Property Prices in Marbella
In Marbella, the average price per square meter for houses and flats is €2,503, although there is a wide range of prices available depending on the desired lifestyle and level of luxury.
For those looking for more affordable options, properties in Marbella Pueblo and Rio Real-Los Monteros are available with average prices of €1,072,975 and €1,213,052 respectively.
This may seem on the high side when traveling to Marbella for the first time. But trust me, this is a good price for such a lovely location.
On the other hand, those looking for more luxurious properties can find options in Las Chapas-El Rosario and Nagüeles-Milla de Oro, with average prices of €1,820,518 and €3,311,609 respectively.
It is worth noting that expats make up 25% of investors and residents in Marbella.
Additionally, the province of Andalucia, where Marbella is located, has recently eliminated its “wealth tax” on second homeowners in Spain, which can lower the total costs associated with ownership in Marbella.
Estepona is 20 miles (30 km) from Marbella
Investment Value Growth
Investing in Marbella is not just about purchasing a property, it is about investing in a lifestyle.
Marbella’s real estate market is a hot investment market, with prices expected to increase in the short and long term.
This means that investing in a property in Marbella is likely to yield significant returns on investment.
Moreover, there are many opportunities to make money on home resale if you ever decide to move on from Marbella.
Additionally, the hot rental market in Marbella provides an excellent opportunity to earn rental income during the months you may not spend in Marbella.
Overall, investing in Marbella offers a great opportunity for investment value growth and a fantastic lifestyle.
Cost of Food in Marbella
When it comes to dining in Marbella, there is a wide range of options available to suit every budget.
The average cost of eating out for two people can vary between €45 and €140, depending on the type of dining experience you choose.
However, there are ways to keep your food costs down if you prefer to dine in or opt for cheaper options such as lunch, snacks, or fast food.
Marbella is home to many world-class dining establishments, authentic Spanish tapas bars and restaurants, and excellent cafés and bakeries.
For those who prefer to dine in, the city offers many smaller, less expensive restaurants and fantastic supermarkets with reasonable prices.
Additionally, Marbella features a traditional market, the Mercado de Marbella, where vendors sell fresh and seasonal fruits, vegetables, fish, and meat.
This is a great option for those who want to cook their own meals and save money on dining out.
Cost of Transportation in Marbella
We found that most residents in Marbella prefer to bring their own car or rent one. Gas prices are similar to the European average.
If driving is not an option, there is an efficient public bus system available. A single local transport ticket costs €1.28, while a monthly pass costs €37.40.
Taxis are also readily available at reasonable prices. For those who enjoy walking, Marbella is a beautiful city with pleasant weather, making it an enjoyable and eco-friendly way to get around.
The Marbella Lifestyle
At Choose Marbella, we know the Marbella lifestyle is unbeatable.
With its affordable cost of living, year-round sunshine, and endless activities, it’s no wonder so many people are choosing to call Marbella home.
From relaxing on the beach to exploring the historic Old Town, there’s something for everyone here.
And with our expert real estate advice, we can help you make the move to Marbella a reality. Contact us today to start living your dream lifestyle.
Frequently Asked Questions
Average Cost of Rent in Marbella, Spain
The average cost of rent in Marbella, Spain varies depending on the type of property, location, and size.
Generally, the cost of rent for a one-bedroom apartment in the city center ranges from €700 to €1,200 per month.
Meanwhile, a three-bedroom apartment outside the city center can cost from €1,200 to €3,000 per month.
Nightlife Costs in Marbella
Marbella is known for its vibrant nightlife, but it can be quite expensive.
A night out in a club can cost around €20 to €30 per person, while a cocktail in a high-end bar can cost around €15. However, there are also more affordable options for those on a budget.
Average Price for Drinks in Marbella
The average price for drinks in Marbella varies depending on the establishment.
A beer in a local bar can cost around €2 to €3, while a glass of wine in a restaurant can cost around €4 to €7. Cocktails in high-end bars can cost around €15 to €20.
Cost of Eating and Drinking in Marbella
The cost of eating and drinking in Marbella can be quite high, especially in tourist areas.
A meal in a mid-range restaurant can cost around €20 to €30 per person, while a coffee in a trendy café can cost around €3 to €4. However, there are also more affordable options available.
Average Cost of an Apartment in Marbella
The average cost of an apartment in Marbella varies depending on the location and size. A one-bedroom apartment in the city center can cost around €150,000 to €250,000, while a three-bedroom apartment outside the city center can cost around €300,000 to €500,000.
Average Income in Marbella, Spain
The average income in Marbella, Spain is around €25,000 to €30,000 per year.
However, this can vary depending on the industry and job position. Many people in Marbella work in the tourism industry, which can provide higher salaries during peak seasons.
Final thoughts 💭
As you can imagine it’s very difficult to answer this question due to the shear number of contributing factors.
Plus, by the time you read this, the exchange rate could have changed and the prices increased or decreased.
Then, you have to consider everyones tastes and lifestyles are different.
But, hopefully, we have answered some of your questions.
- Ulanzi U60 RGB Video Light Review: Top Vloggers’ Choice?
- Stuff Sack Vs. Compression Sack (Complete Comparison)
- Best Wetsuits for Surfing (Top 7 Picks & Buying Guide)
- Best Shoes For Slippery Rocks (Top 8 Picks & Buying Guide)
- Packing Cubes Vs. Compression Bags (All You Need to Know)
- Best Drones for Hiking (Top 4 Picks & Buying Guide)
