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Tag Archives: Marbella

Cost of Land Increased in 2016

Land prices increased 13% in 2016

The average price of urban land increased by 13% year-on-year in the fourth quarter of 2016, to close the year at an average of 171.7 euros per square metre. The highest average price was recorded in Madrid where a square metre of urban land will set you back 470.1 euros/m². Barcelona and the Balearic Islands Continue Reading

Prices Down 100 Thousand Euros in Ten Years

Prices are down 43.7% since the crisis

The last ten years has seen the price of second-hand housing in Spain fall by an average of 103,294 euros, since the peak of April 2007. Back before the global financial crisis, the average price for a property of 80 square metres was 236,174 euros (2,952 euros/m²), but by February 2017 that price has fallen Continue Reading

Brexit? Brits Still Dominate Sales to Foreigners

Sun, sea and sand still attracting British buyers

The purchase of housing in Spain by foreigners continues to gain weight, according to data from property registrars. However, the results of the Brexit referendum appear to have reduced the number of sales to British buyers. In 2016, foreigners acquired more than 53,000 homes, representing the highest figure in the historical series (starting in 2006), Continue Reading

10 Steps to Buying Property in Spain

10 Steps to Buying Property in Spain

If you are thinking about buying property in Spain, you need to be sure you know what you are doing in order to avoid potential pitfalls. If you are tempted by the sun or you dream of waking up to a view of the Mediterranean then you are in the right place! The Costa del Continue Reading

Property Sales in December and 2016 Results

Property sales increased 5.9% in December

December 2016 saw a little over 60,000 property sales in Spain, an annual increase of 5.9%. 83.6% of purchases registered in December correspond to urban properties, and 16.4% to rustic. In the case of urban property sales, 57.3% were residential property. The number of sales of rural properties increased by 7.4%, year-on-year, while the number Continue Reading

Top 10 Ways to Enjoy Marbella

and Talk Marbella Paseo Maritimo

Marbella is a thriving Spanish coastal destination, rich in culture, gastronomy and nightlife. Millions of visitors each year either realise this as returning visitors or discover this fact as first timers. Money has been pumped into the ever-expanding infrastructure making Marbella more accessible and increasingly more popular not only for holiday makers but also for Continue Reading

Estepona Attracting Investment

The Valle Romano Golf Resort, Estepona

Investment fund HIG Capital has signed an agreement with real estate developer Neinor Homes for the purchase of 430 apartments located in the Valle Romano Golf complex in Estepona (Málaga), in a deal worth around 32 million euros. The Valle Romano Golf Resort is located next to a golf course of 60 hectares with eighteen Continue Reading

Málaga Airport Traffic Increased in 2016

Málaga Airport handled 7,647 flights in December

Málaga-Costa del Sol Airport exceeded 16 million passengers in 2016, thanks to growth in both the foreign and domestic markets. The total number of passengers to pass through the airport was 16,672,776, according to data from AENA. This represents an increase of 15.7% when compared to the previous year. The bulk of those passengers (16,621,669) Continue Reading

Improvements Planned for San Pedro de Alcántara

The money continues to rain down on San Pedro de Alcántara as yet more redevelopment work is announced. In recent years, the town has been transformed. First there was the addition of a tunnel beneath the town to alleviate heavy traffic passing through. Then came the new boulevard which has become a popular meeting point Continue Reading

Ojén Development Gets Green Light

The small town of Ojén (population approximately 2,000) sits in the mountains behind Marbella. Despite its proximity to the coast it has remained relatively unspoilt, not attracting development in the way many local towns have. However, London-based investment fund Round Hill Capital plan to invest 250 million euros in the area over the next seven Continue Reading