Marbella Golden Mile - Archives

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.

"The Beverly Hills of Marbella", Sierra Blanca

Sierra Blanca is definitely one of the most prestigious areas on the Costa del Sol. Families and individuals who wish to live in an elegant and secure residential area in the heart of Marbella, will probably search for a property here.