Marbella is the city that never sleeps, at least on this side of the Atlantic. It’s modern, yet it has an unfeasibly pretty “old town” that can literally transport you back in time. But that’s not all. It’s also one of the most famous coastal cities in the world, sitting perfectly on the shores of the Mediterranean. Glamour and glitz may be the most commonly used words to describe Marbella, but believe it or not, you don’t have to be rich or famous to visit nor to buy property in Marbella.
We’ll admit it – we love the Costa del Sol, and we love Marbella as well. The Costa del Sol is a wonderful place for a family holiday, but we’ve grown tired of the same old blogs and articles about the Costa del Sol and Marbella. So, we’re giving you some insight, and making sure you know that you DO NOT have to be a rock star to buy an apartment in Marbella or buy property in Puerto Banus!
Why should you choose Marbella for holidays or buying property?
Marbella is very special, and we’re trying not to be biased here; so let’s take a look at some undeniable facts:
#1 – Marbella property market recovery
The Costa del Sol property market recovery you’ve been hearing about is pretty much thanks to 3 Costa del Sol towns, which is Marbella, Estepona and much to our surprise, Benahavis. In some ways, the property market on the Costa del Sol is actually ahead of other coastal cities throughout Europe. The resurgence of property sales on the Costa del Sol and in fact the rest of the country has a lot to do with Malaga province and its record breaking tourism.
#2 – The Euro vs the Pound
The force is strong with this one…
In general the GBP continues to hold its ground and more Brits are coming back to Spain’s famous coast rather than packing up and hitting the road. Because of the strong Pound, more Brits are realising the potential for buying apartments in Marbella and taking full advantage of rental income.
#3 – Record Breaking Tourism in Andalucia
For the fifth consecutive year, Malaga Province for 2018 will see its best ever tourist season. In 2015, the Spanish government reported an increase in the GDP of 2.8 per cent in Malaga, while the average for Andalucia was 2.6 per cent. This year, will be even better, as Spain sits comfortably in third place as Europe’s top holiday destination.
With all those stats, we want you to take full advantage of what Marbella and the Costa del Sol is currently offering by way of property sales or property investments. Buying a villa in Marbella for example can yield high returns on your investment in time for 2019. It doesn’t matter if you want to buy property in Marbella or even sell it – now is the time!
Owning a property in Marbella means a high ROI
Our own stats for sales compared to a few years ago are through the roof. Summer is here, it's good and hot, and tourism has begun. Many more are expected to hit our shores in August, including the Spaniards from the north. If you already own an apartment in Puerto Banus, we should tell you it’s in high demand, and if you want to earn some great money on holiday rentals, you should get in contact as soon as possible.
You can’t deny facts, and you can’t believe everything you read either! Sometimes we often wonder why certain publications only insist on writing negative things about the Costa del Sol – having been on this coast for many years, we can personally say, it’s a unique place, but most of all, it’s the experience of a lifetime.
More and more people are moving to the Costa del Sol, and even more understand the dynamics of the property market. Foreign buyers have spent the past two years buying up property throughout the Costa del Sol – why? Because they understand the market but more importantly they stay on top of the figures. They know the ROI will be big, and for some of them, the past three years have made them some serious money – they reached their projected returns and then some!
If you want to take advantage, get in touch today and we can show you how.