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More Marbella Millionaires

Good news for the Marbella luxury market. The number of multimillionaires in Spain has seen a surge over the past few years as the recovery gains speed.

In 2014, 508 people declared assets worth more than €30.05 million, according to data released by the Spanish Tax Agency.

The figures show 8% growth from the previous year, representing 37 new members in the millionaires’ club.

Spanish residents who paid the wealth tax owned jewels, fur coats, cars, boats and aircraft worth a combined €602 million. A further €503 million is invested in art and antiques.

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