Climate
Marbella: 320 sun days, mild winters (15–18°C), hot summers (30°C+). Cascais: 290 sun days, cooler winters (14°C), milder summers (26°C average).
Tax
Portugal ended the NHR regime in 2024. New residents now face standard Portuguese rates. Spain (Andalucía) has effective zero wealth tax + 99% inheritance bonificación + Beckham Law for incoming work residents. In 2026 Spain has the more attractive tax profile for most relocations.
Property prices
Cascais prime: €7,000–€11,000/m². Marbella prime: €7,000–€14,000/m². Comparable at the top; Marbella scales further up.
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Both have strong international options. Marbella has more total schools and the IB at SIS/Aloha is harder to beat anywhere.
Lifestyle
Cascais is quieter, more European, more "old money discreet". Marbella is busier, more international, more visible.
Connectivity
Marbella: 90+ airline routes from Málaga + Gibraltar. Cascais: Lisbon airport 30 min, fewer Northern European routes.
Verdict
If you want quiet, refined, Atlantic and don't need the 47-week summer: Cascais. If you want energy, choice, Mediterranean sun and the broadest international community: Marbella.
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Areas in this article
- Marbella guide6,800 €/sqm · +9.2% YoY
- Málaga guide3,200 €/sqm · +12.4% YoY
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