Marbella is an area that is really beginning to move again in the property market.
There is a limited supply of quality apartments and villas in the Marbella area. Which is partly due to the fact there was a low level of construction activity during the recession and partly due to the change in purchasers requirements. However, this in itself is creating demand for property with the level of enquiries for property in the region, from all nationalities of buyers, stronger than it has been in many years.
There is definitely a pattern in specific areas within the Costa del Sol itself which are picking up faster than others. There is a particular demand for properties in Urbanisation Sierra Blanca, La Zagaleta & The Golden Mile. The purchase prices in these areas are now reflective of the current market and are beginning to show signs of rising.
Potential purchasers, in general, still appear to see Marbella as a solid place to invest. When they purchase here they know they are buying into a popular location with fantastic properties. It is a sunny, settled part of Europe with the best beaches, bars, restaurants, roads and shops that can be found anywhere. Marbella also benefits from superb transport links and offers airport connections from Malaga International to all Europe’s major cities in 3 hours or less travel time.
In addition, the tourist numbers have never been stronger, and the golf courses and restaurants are once again packed and bookings are a must for many of the top locations. Marbella is the place people want to be so they can enjoy the luxury Spanish lifestyle.
With this in mind it is a great time to decide to live unforgettable experiences for buyers who have been thinking about purchasing a property to invest in Marbella.