According to online celebrity magazine Vaniatis, the academy award winner is planning on investing big money in Marbella's real estate, having just bought a luxurious mansion in the mountains which look on to the Spanish coastal town.
The 1,000-square metre property is reported to include a 400-square metre villa with four bedrooms, five bathrooms, and a billiard room.
Clooney has been visiting Málaga for several years and was spotted with his girlfriend Stacy Keibler in Marbella over Christmas.
The Oscar-winning star is keeping a low profile in Spain and wants to use his Marbella home as a place for rest and relaxation.
It has also been rumoured in the Spanish press that Clooney has plans to invest money into a real estate business near Marbella Club.