Once overshadowed by Marbella, Estepona is emerging as the Costa del Sol’s luxury hotspot. With strategic upgrades, high-profile developments, and growing international interest, this charming town is transforming into a premium real estate market – and savvy buyers are taking notice.

Foreign buyers often worry about exchange rate fluctuations when purchasing their dream property in euros. A forward contract lets them lock in the price in their local currency, protecting against changes between deposit and deed signing. idealista’s new platform now makes this simple and secure.

Perched on a southwest slope with stunning sea views, this €13.8M Mediterranean villa in Port d’Andratx, Mallorca, blends Moorish-inspired elegance with classic Mediterranean charm. Spacious and sophisticated, the property offers an exceptional lifestyle in one of Mallorca’s most sought-after coastal locations.

Foreign buyers are driving Spain’s property market, with over 70,000 transactions in early 2025. Chinese investors, both non-resident and local, are paying record prices, pushing averages to new highs. Their activity signals strong demand and makes Spain’s housing market a hotspot to watch.

Real estate remains a key safe-haven for investors, but ultra-luxury homes in Portugal and Spain are scarce, concentrated in select locations. Lisbon leads in Portugal, while Madrid, Málaga, and the Balearic Islands dominate Spain. Properties over €3 million represent just 18% of the premium market.