Marbella has taken the lead when it comes to property sales in Spain. Marbella is booming, and not just because of the amazing parties! Top quality properties and high interest from foreign buyers has put Marbella real estate high up the list of popular investments. However, with its property market recovering, bargain deals are becoming sparse and making the right decisions becomes harder. So, here are three things you should know before investing in Marbella.
Opportunities in Marbella
Although prices fluctuated in 2014 because of the growing property market, there are plenty of opportunities when it comes to Marbella real estate. You do, however, need to inform yourself in order to find them. Foreign buyers have already been picking up good deals and because of this prices have gone up over the last year. Due to the crisis, the government has also put a restraint on construction, so prime location real estate investing opportunities can be hard to come by. Investors will want to look for in-land new developments of high quality that are still going at a lower price but are expected to rise soon. Speed is key, but make sure the real estate you invest in has a real edge to it. Sustainable features are one thing that can prove an advantage.
Consider taking a look at the list of holiday properties available in Marbella area!
Good quality for good price
In a highly competitive environment such as the Marbella real estate market, quality is more important than price. This is why some real estate prices have gone down in the region. However, luxury real estate in prime locations still hold on to their value. There is an important lesson to learn from this. The reason that the market on the Costa del Sol is recovering quicker than the rest of the country is (amongst others) because people are genuinely satisfied with the quality, size and finish of its homes. From start to finish, things that are considered luxuries in other places are common here, especially in Marbella. And that’s what keeps buyers coming, time after time. So if you’re considering investing in Marbella real estate, think about quality. Choose a property that caters to every need – whether it’s physical, financial or practical. The fact that Marbella’s real estate market is recovering only proves that there’s a large international market searching to buy.
Go ahead and read our article on advantages of living in Marbella!
Western Costa del Sol – the best area for investments
Marbella is popular in general, but even hot spots have got their best sides. In the case of Marbella, you’ll want to be looking westwards. Not just the west of the town and the Golden Mile stretching until Puerto Banus, but also places such as Nueva Andalucia, Benahavis, El Paraiso and Estepona, to name but a few. Besides benefitting from general plus points such as the weather and the proximity of the beach, these places offer safe gated communities, picturesque golf courses, great restaurants and bars and, more than elsewhere, top quality real estate worth investing in. On top of that, famous places nearby include the Los Flamingos Golf Resort with its 5-star hotel, the Puro Beach in Estepona, hotel Kempinski and hotel Puento Romano. All these attract people who enjoy a high quality lifestyle, which means a good market for luxury real estate.
Feel free to get in touch with us to get more information about the properties in this area. You can also take a look at the properties available in Marbella here.