Marbella: the fastest-growing municipality in Spain’s Costa del Sol

Almost 1 in 3 residents are foreigners!

Did you know that Marbella has one of the highest percentages of foreign residents in Spain?

According to marbella24horas.es, Marbella ranks fourth in Spain for experiencing the most significant population growth, relative to its existing size.! This vibrant city, located in the stunning Costa del Sol region, has become a magnet for both Spanish residents and foreigners alike.

The National Statistics Institute (INE) announced that almost 1 in 3 (29.5%) of people living in Marbella are of foreign origin. In figures: 46.094 of Marbella’s 156,153 inhabitants are foreign!

The data also reveals that the majority of foreign residents in Marbella are from the EU (65.6%), followed by non-EU countries (26.4%).

Check out the top 4 nationalities in Marbella:

Nationality Number of Residents
British 5,175
Moroccan 4,516
Ukrainian 3,823
Russian 2,876

Interestingly, the top 3 foreign buyer nationalities in the province are Brits, Belgians, and Swedes, with a recent uptick in Poles. However, the Belgians (with just 611) and Swedes (with 1411) presumably use their homes here as second residences (or somehow not registering).

Here are some other notable buyer nationalities in Marbella:

Nationality Number of Residents
German 1682
French 1210
Dutch 871
Irish 568
USA 456
Polish 403
Norwegian 274
Danish 272
Canadian 154

Did you know that nationally, just over 6 million of Spain’s population of 48 million are foreign?

So, what’s driving this surge in foreign residents?

According to the INE, the main reasons for moving to Marbella are:

Climate and lifestyle | 42.8%

Work or business | 24.2%

Family or social reasons | 16.3%

Education | 12.3%

Health | 4.4%

These findings highlight the appeal of Marbella as a desirable destination for both work and leisure.

Lastly, here are some quick stats about the average person in Marbella:

Stat Value
Population 156,153
Number of people over 90 years old 911
Number of centenarians (over 100 years old) 8

 

Marbella is the 2nd biggest town in Malaga Province and the 7th biggest in Andalucia, with a population of 156,153. The top 7 most populated municipalities in the province are:

Malaga City – 587,068

Marbella – 156,153

Mijas – 90,763

Vélez-Málaga – 86,364

Estepona – 77,068

Benalmádena – 76,318

Torremolinos – 70,345

So, Marbella has a significant foreign population and is a popular destination for both domestic and international tourists and residents!

So why wait? Get in touch with us today and let’s start your journey to finding your dream home in Marbella!

https://www.keyrealestates.com/contact/

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