Well, it’s a very happy new year indeed!
After much debate as to whether Marbella’s real estate market would slow or continue to grow in the new year, we are delighted to announce that we are celebrating our most successful January on record. This month’s sales include two exclusive listings in the prestigious areas of Reserva de la Quinta, Benahavis and Marbella’s Golden Mile as well as several apartments located between Puerto Banus and Nueva Andalucia.
Marbella agents estimate that the year-on-year rise in the western part of the Costa del Sol to be around 15%. For this year, the property portal giant Idealista expects Costa del Sol real estate prices to continue registering much higher increases than Spain generally with high demand from foreign buyers looking to purchase second homes in Marbella and the surrounding areas.
Buying property in Marbella is considered to be a great investment as the properties are generally of a high standard with great holiday rental possibilities thanks to the area’s fantastic year-round climate.
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