The design and characterisation of a magnetic vibration absorber (MVA), completely relying on magnetic forces, is addressed. A distinctive feature of the absorber is the ability of tuning the linear stiffness together with the nonlinear cubic and quintic stiffnesses by means of repulsive magnets located in the axis of the main vibrating magnetic mass, together with a set of corrective magnets located off the main axis. The tuning methodology is passive and relies only on three geometrical parameters. Consequently the MVA can be adjusted to design either a nonlinear tuned vibration absorber (NLTVA), a nonlinear energy sink (NES), or a bi-stable absorber with negative linear stiffness. The expressions of the stiffnesses are given from a multipole expansion of the magnetic fields of repulsive and corrective magnets. A complete static and dynamic characterisation is performed, showing the robustness of the modelling together with the ability of the MVA to work properly in different vibratory regimes, thus making it a suitable candidate for passive vibration mitigation in a wide variety of contexts.