Marbella real estate news & articles

To invest in Costa del Sol Property

Buying and renting property on the Costa del Sol has long been a popular investment. You can find good quality villas, townhouses and apartments from Nerja to Sotogrande. In recent years, property market of the prestigious coast has been providing a steady return on investment.
What are the most sought-after areas giving the great opportunity to invest in Spanish sunshine?

Domestic and International Property Market

Two sectors of the Andalusian property market operate completely independently of each other, with separation more obvious since the 2008 global crash.
Domestic market is totally bound to what happens in Spanish economy. Spanish purchasing power remains quite weak because the economy has not yet recovered from the crisis and unemployment is still high. At the same time, the purchase of homes by foreigners has been living its sweetest moment for a decade, especially on the coasts, almost doubled and already represents 2 out of every 10 operations closed in Spain, according to data from General Council of Notaries.
The overseas buyers are benefiting from prices that are still below the pre-crash numbers and fixed rate mortgages on offer in Spain.

Grand Prix Marbella

The Grand Prix is ​​a prestigious international rhythmic gymnastics circuit held yearly. The Grand Prix is ​​not only an important sporting event, but also a perfect driver of tourism to Marbella. Gymnasts come from over more than 20 countries, including Russia, Ukraine, Germany, USA, Canada, Sweden, Israel, France, Greece, Holland, Norway, Brazil, etc.

Factors that Influence Andalusia Property Market.

The largest autonomous region and the only part of Spain with both Mediterranean (600kms) and Atlantic (300kms) coastlines is one of the world’s favourite destinations attracting tourists, holidaymakers and expats. No wonder! Andalusia is just about as close to paradise as it’s possible to get.

Investing in Spanish Real Estate. Important Economic Factors.

Today, investors are searching for different opportunities that can give a satisfying return on their investment. Purchased in the right location, property remains the favorite form of investment, offering substantially greater returns than any other form of investment. Why Spain?

LIVE THE GOOD LIFE IN SUNNY SPAIN

Live the Good Life in Sunny Spain

Fantastic weather, history, culture and nature, 47 objects of World Heritage, amazing regional diversity, sophisticated cities, idyllic countryside, postcard beaches (577 Blue-Flag awarded), stunning architecture, healthy delicious food and delectable wine – all of this is Spain. With economy developing steadily and dynamically, Spain is the only EU country with actual figures exceeded the expected ones.

Euribor. Mortgage Rates

The 12-month Euribor continues in negative territory for the joy of those with a variable mortgage, although its development during August has once again made it clear that the reference indicator for most mortgages in Spain is in full change of trend.

Marbella Attracts Big Names. Today It’s Four Seasons.

What do Miami, Paris, Dubai and now Marbella have in common? They were chosen by legendary Four Seasons to be its destination, and not only for a new luxury hotel. It won’t be just one of 111 resorts and 39 residences that the reputable company built in 46 countries. A unique project will deliver a tourist resort complex of a special type, with a luxury hotel for the modern traveller and private luxury residences on the beachfront. The plot of 400,000m2 with allowance to build 100,000m2 and 700 m of beach is located at the entrance of Marbella.

Spanish Real Estate Market Current Trends & Facts

Home sales in Spain continue to rise. According to INE data, 45,900 transactions were carried out in July, up by 16.2% year-on-year.
This is the third highest monthly figure. It increases accumulated volume for the first seven months of the year, exceeding 300,000 operations (about 308,000), which demonstrates an increase of 11.7%.