There are many people saying that Investment in Spanish Real Estate remains profitable.
Most experts agree on the fact that this is the year when the recovery becomes fully apparent across the country as a whole.
One of the markets in which this is echoed perfectly is Marbella, Malaga, where a considerable growth in the number of transactions involving luxury properties has been noticed.
Nowdays, the demand for new property has actually exceeded the number of new properties on offer for the first time in many years. And buyers are wanting expensive homes. The properties that are being snapped up the fastest in this popular tourist destination are the luxury buildings that have just been built and launched onto the market.
Prices of these exclusive Villas For Sale in Marbella were around the 3 mm mark in 2015, although the most expensive one was situated in the residential luxury complex of La Zagaleta and sold for 15 mm to an investor.
And, to the foreign buyer, Marbella continues to be one of the most attractive destinations in the country. It is particularly popular with buyers from the UK, Scandinavia and the Gulf countries.
This is seen in the profile of the typical investor in this area, who, it has been noted, and whose main focal points are luxurious lifestyle, design and quality.
As a result of the growth of demand of luxury property, new exclusive developments are being build across the region of La Costa del Sol, particularly in the sought after area of Marbella, and emerging areas like Benahavís and Estepona.