Marbella, always Marbella!

For foreigners who are not willing to spend less than two million euros, the Costa del Sol resort has not lost its appeal

Seven years after the town was rocked by the property permit corruption scandal known as Operation Malaya, which led to the arrests of the mayor, her deputy and a host of other well-known figures, the situation in Marbella has not only returned to normal but there are also now signs of optimism that demonstrate the strength of “a first-class international brand” resort.

And real estate agents harbor no doubts.

"Marbella is known worldwide as a top-class destination, and its consolidated and quality markets have weathered the crisis better than in other places across Spain and other countries, in the sense that there have been fewer price reductions and more movement of properties,"

And the press are agreeing:

Marbella set to boom again this summer! SPAIN’S most glamorous resort is set to enjoy another record breaking summer as tourists, celebrities and investors continue arriving in their Marbelladroves.

The combination of a superb microclimate, a dash of designer brands and a constant stream of celebrities, from Hollywood A-listers to reality show wannabes, means that Marbella can pretty much ignore the political bun fighting that is going on in Spain and get on with the serious business of having a good time and making money.

Marbella: Welcome to the good life!

It’s not all tourists and celebs, however. The past 12 months have seen the luxury residential property market show real growth.

Peak season comes early as tourists head for June sunshine
The sector expects more than two million overnight stays in Costa hotels this month, a record for June and an increase of 4.3 per cent compared with the same month in 2014. June no longer has any reason to be seen as the poor relative of the peak months of the summer. The forecast for tourism figures on the Costa del Sol this month show that it is becoming almost as popular for holidays as July and August.
According to the regional government’s Tourism Department, tourists are expected to spend 2,040,000 nights in hotels in Malaga province this month. This is not only the first time the two million barrier has been broken in June but it is also an increase of 4.3 per cent on the same month last year. Property sales on the Costa particulary Marbella looks like hitting all time highs since the recession back 2007/8.

Marbella keeps its luxury image and encouraging property sales. Marbella still retains its image as a top-class destination and is known worldwide.

Seven years after the town was hit by the property permit corruption scandal known as Operation Malaya, which led to the arrests of the mayor, her deputy and a host of other well-known figures, the situation in Marbella has not only returned to normal but there are also now signs that Marbella is once again becoming a first class international resort.

Marbella is attracting hundreds of wealthy Russians, Qataris and Kuwaitis who are not willing to pay less than €2 million for a house. There are opportunities for middle-class Spaniards in residential areas such as Nueva Andalucia, near Puerto Banus.

http://spanishnewstoday.com/costa-del-sol-property-market-recovery-led-by-marbella-and-estepona_21135-a.html#.VX1gM_kirrc

But Marbella and the Costa is not only about million dollar homes, we have apartments from 100,000 Euro all the way up to 12 million. Bromley being one of the largest estate agents on the Costa cover the whole of the Costa del Sol and not just work, like many agents in just one area, allowing a much wider choice and varying prices. It true to say what every you might see in another Estate Agents website we will also have it listed, so when you come to visit it's so much easier to have just one estate agent to look after you rather than be toured by half a dozen agents.

Call me on 00 34 646 247 996 or email me maurice@bromleyestatesmarbella.com