Spain’s Golden Visa program has been a popular route for non-EU nationals to gain residency by investing at least €500,000 in real estate. This visa offers the benefits of living in Spain, working, and traveling within the Schengen Zone. However, recent EU discussions suggest that the program may soon be scaled back or even ended due to concerns about security and real estate market impacts. If this happens, the window of opportunity for new applicants could close quickly.

Rewind a decade or two. Prospective buyers sought out villas with pools, perhaps a modest cinema room, with prices averaging between €700,000 and €1,500,000 for a villa. Fast forward to the present, and Marbella’s property market has undergone a makeover of biblical proportions. The average price now ranges between €2,500,000 to €3,500,000 luxury villa, offering not just a home but an experience comparable to stepping into an alternate universe. Forget just a simple pool – today’s “average property” boasts a cinema room, gym, sauna, spa, and for the truly indulgent, even bowling alleys and golf simulators. It’s a shift akin to trading in an old vintage Mercedes for a top-of-the-range Lamborghini, with the value for money soaring to unprecedented heights.

Greetings! I am Justin Boland, the newly appointed Managing Director of La Sala Homes. I am excited to lead the Real Estate division of the esteemed Sala Group. La Sala Group is renowned as one of the most respected and celebrated brands in the Costa del Sol's...