US investment in Malaga reaches historic highs with 3.2 billion in 2024

With a total investment in the Golden Triangle -Marbella, Estepona, and Benahavís- which has exceeded 3.2 billion euros in 2024, a 20% increase from 2023, American investors have increased their presence on the Costa del Sol and thus reached historical highs.

According to the nineteenth edition of the report on wealth and trends in private investment by the real estate consultant Knight Frank, Wealth Report 2025, capital from the USA invested in Marbella has grown by 34% in 2024.

Foreigners are responsible for 82% of the real estate transactions of more than one million euros that take place in Marbella, the Spanish municipality with the highest percentage of international buyers in the luxury sector, with Americans among the top five purchasing countries.

These data consolidate the American market as one of the main investment markets in this city on the Malaga coast, only behind the United Kingdom and Germany, according to the Knight Frank report.

On the other hand, Spanish buyers have invested more than 650 million dollars in residential assets in the USA in 2024, with the state of Florida and the city of Miami being the main destination, accounting for more than 30% of the total volume.

Marbella and Miami share investors, lifestyle, and a growing network of real estate and financial interests, highlighted by a luxury developer from the Gulf, DAMAC, during the presentation in Marbella of one of its flagship projects in the USA, The Delmore.

This is a twelve-story tower located in the 'billionaires' triangle' in Surfside (Miami), which features 37 residences ranging from 650 to 930 square meters, three-meter-high ceilings, and a climate-controlled private garage for three vehicles per residence, in addition to personalized butler service.

The choice of Marbella to present The Delmore "is no coincidence," stated the businessman Pedro Román. "There is a natural symbiosis between Marbella and Miami," Román elaborated, as they share "an exceptional climate, cutting-edge architecture, a cosmopolitan environment, and an international clientele seeking excellence and exclusivity."