
The American Marbella Resurgence in Marbella: Tourism and Real Estate Boom
Victoria Vázquez | · 6 min. read
In recent years, Marbella has witnessed a remarkable revival of American interest, The American Marbella Resurgence with U.S. visitors and investors rediscovering this gem on Spain's Costa del Sol. Once a favorite destination for American tourists in the 1980s, Marbella is now experiencing a significant influx of North Americans, who come not only as tourists seeking five-star accommodations but also as prospective buyers of luxury properties.
A Market Reborn: The American Marbella Resurgence
The relationship between Marbella and American visitors has had an interesting history. While American tourism flourished in the Spanish coastal town during the 1980s, it experienced a sharp decline in the early 1990s for an unexpected reason: the Gulf War. Despite the conflict taking place over 3,000 miles away from Málaga, many Americans perceived the Costa del Sol as potentially dangerous. Laura de Arce, now the general director of tourism at Marbella City Hall, recalls working at the Don Carlos hotel during this period when a group of American women made headlines simply for daring to visit the area.
"Since then, we have had a thorn in our side," explains de Arce. "And, after the pandemic, we decided that it was time to recover this market."
The 2023 Solheim Cup, the prestigious women's golf competition that pits Europe against the United States, presented the perfect opportunity to rekindle American interest. Held in Casares, just 25 miles from Marbella, the tournament became a springboard for targeted marketing campaigns. Even before this event, in 2022, North American tourism had already grown by 10% compared to the previous year. Building on this momentum, Marbella intensified its promotional efforts through the Spanish Luxury Association, organizing trips to Miami and New York, and participating in various events in collaboration with Turespaña, Turismo Andaluz, and the Costa del Sol Tourism Board. Americans in Marbella have always been seeking luxury and they have historically been very satisfied with Spain and Marbella overall.

Measurable Success is Key
The results have been impressive. By June 2024, the Hotel Occupancy Survey published by the Andalusian regional government revealed that Americans had risen to third place in visitor numbers with 3,495 guests, behind only Spanish and British tourists. While these figures may seem modest, they represent a significant trend that the city is eager to cultivate, particularly given the high purchasing power of these visitors.
"It has been a collective effort," notes de Arce, highlighting the crucial promotional role played by luxury hotels in the area.
The historic Marbella Club, which has been cultivating relationships with the American market for over 15 years, has witnessed an exponential growth in U.S. visitors. In 2024, as the club celebrates its 70th anniversary, Americans have become its primary market—surpassing even British visitors—with 20% more overnight stays and a 35% increase in spending compared to 2023. These guests increasingly opt for premium accommodations, such as the establishment's 17 villas with nightly rates between $11,130 and $16,695, as well as rooms ranging from $1,670 to $3,895 per night.
The California Connection
Many industry insiders have begun referring to Marbella as "the California of Europe," a comparison that resonates with American visitors and potential residents alike. Ignacio Pérez Díaz, executive president of La Zagaleta—Europe's most luxurious urban development—notes that the area is particularly attractive to entrepreneurs from Silicon Valley.
The appeal extends beyond natural beauty and climate similarities. The Agency in Marbella, who knows the US buyers best, points to the city's exceptional amenities: "Golf courses, luxury shops, events such as the Starlite Festival, and the gastronomic offering make Marbella the city chosen by Americans."
The culinary scene has indeed become a significant draw. Marcos Granda, owner of two Michelin-starred restaurants—Nintai and the two-starred Skina, which offers menus ranging from $330 to $590 per person—confirms: "More people are coming and we are noticing it."
We also have a new potential Celebrity presence also contributes to the American fascination with Marbella. Stars such as Eva Longoria, Antonio Banderas, and Robert De Niro—who owns the Nobu Hotel—frequently visit the area, enhancing its reputation as a playground for the rich and famous.
From Tourism to Residency
What begins as tourism often evolves into something more permanent. The Agency in Marbella, reports a staggering increase in American demand. The American Marbella Resurgance is truly a real thing.
They predict that during 2025, Americans, together with Canadians, will become the main group of foreign buyers in Spain, a significant leap from their current representation of just 1.58%, according to data from the College of Registrars.
The Luxury Real Estate Market
American buyers in Marbella exhibit diverse preferences and budgets. Benjamin Beza, commercial director of The Agency—a major real estate company launched in Los Angeles that opened its Marbella office in late 2023—outlines the spectrum: "There are those who want to spend half a million to have a nice apartment, live there for a while, and rent it out for the rest of the year. Others are looking for something worth two million because they are going to stay for a few months. And then there are those who want to buy properties worth 14 or 15 million."

"Marbella is one of the jewels of Europe and you have to be here," Beza emphasizes. He notes that the presence of multinational corporations such as Google and Caterpillar in Málaga has generated additional interest from American investors and expatriates.
Beyond amenities and lifestyle, Beza highlights several factors attracting a new generation of American buyers aged between 25 and 44: gastronomy, climate, culture, hospitality, public health services, and general security (with drug trafficking violence noted as an exception).
Another compelling factor is real estate value: a mansion that would cost $40-50 million in Miami or Los Angeles might be available for $15-20 million in La Zagaleta. This exclusive development has observed a shift in its clientele following the pandemic, from senior businessmen from northern Europe to "successful executives and entrepreneurs from Silicon Valley," according to Pérez Díaz.
These newer buyers, typically between 35 and 40 years old, predominantly come from the U.S. East Coast. They usually travel with their families and represent "big businessmen and managers" who appreciate Marbella's strategic location and transportation infrastructure. The Costa del Sol airport—reachable in just 15 minutes by helicopter from La Zagaleta—provides convenient access to destinations throughout Europe, making Marbella "the perfect setting" for these international elites.
The American rediscovery of Marbella represents not just a tourism trend but a broader shift in how global elites view work, lifestyle, and residence in the post-pandemic world. With its unique combination of luxury, natural beauty, strategic location, and relative value, Marbella seems perfectly positioned to benefit from this evolution for years to come.