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February 05 2016

MarbellaProperties16

Marbella Property - Are you looking to Invest?

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marbella apartments

Every winter I'm reminded of just why Northern Europeans fell deeply in love with the Costa Del Sol to start with. A beautiful setting, fabulous beaches, a relaxed lifestyle and 300 days a year of sunshine are a very strong pull indeed.

For this reason the fundamentals of the Costa Del Sol property market will almost always be strong, despite the banking crisis of 2007 and its particular affect on the overseas property market.

Estate agents in Spain say that recently investors from Britain happen to be creeping back into the market. Inquiries are up, primarily from cash-rich buyers or people who sat on the fence on the peak of the market and have watched prices fall off their peak.

People certainly held in 2009, but these people recognise that they cannot put their endures hold because of the recession and so they cannot put off that retirement date, so are getting on with their lives. Demand continued to be relatively weak through 2010, but that pent up demand is feeding in to a recovery in 2011 in number of sales expenses. It's not just the British who may have returned to the market, looking for a bargain, the strength of the German economic recovery has expanded the number of Germans looking to buy property and it seems Russians who're the biggest buyers of most. A survey published by Savills International found out that the overseas second-home marketplace is likely to be characterised by cash rich, lifestyle real estate investors keen on bargain prices.

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Remember it is the upper end of the market that has delayed best, prices are typically 15% down on their peak, however are beginning to tick up.

If wisdom says that the more upscale end of the market makes the best investment opportunity, then logic claims that somewhere like the Los Flamingos Urbanization could be the ideal choice. It advantages of 9 golf courses and exclusive housing developments spread around the 5 star Ritz Carlton Villa Padierna Hotel and Spa. Gleam planned beach club and numerous other sporting facilities. Chosen by Americas first lady Michelle Obama on her Summer vacation in 2010 the development has an exclusive, classy feel, along with the peace of mind that comes from gated security.

In the event the price tag of a few of the completed villas available on the market for between 2 and 5 million Euro is sufficient put you off then consideration needs to be given to buying a stretch of land in a good location and having your own villa constructed. Provided you happen to be careful that all necessary permits are obtained this will prove a great Marbella villa investment, whether you are looking to move to the sun's rays permanently or make your dream home in the sun.

With your strong fundamentals and returning demand it is highly likely that prices will begin to increase. Even if real estate property prices just keep pace with inflation they will have to rise by 5% a year. If you have a dream of your home in the sun, or are trying to find a decent return on your investment portfolio you should carefully consider whether you are really missing out and will look back in the foreseeable future on what was a great opportunity missed.

Don't be the product, buy the product!

Schweinderl