Advices for buying a home in Marbella
Marbella is the Spanish city of luxury and high standing. The quality of life, the natural enclaves and the wonderful climate make this place one of the most ideal places to buy a property, either to live or to invest.
People looking for housing in Marbella are very demanding, but they are looking for the quality of life that this town can offer them.
Characteristics of the real estate market in Marbella
The luxury market, both in Marbella and in the rest of Spain, hardly suffered the consequences of the crisis in terms of transactions, but there was a drop in prices. However, the sector has experienced a rebound, and according to the Tinsa appraisal company prices rose an average of over 5% in Marbella. Foreign buyers also have a notable influence in the city, having recovered the rhythms of home sales.
We know that in Marbella, the most popular types of homes are villas and apartments near the beach with an area between 120-180 m2, and preferably with a pool and garden. New homes are demanded and to move into, but as there is no possibility of building since the cancellation of the General Urban Planning Plan (PGOU), comprehensive reforms of villas already built are being carried out.
Our opinion as experts in Marbella
Marbella is the benchmark to enjoy quality of life in seasons of rest or professional retirement. We know that Marbella is a city where the foreign investor is interested in the lifestyle that can be enjoyed. Since 2007, foreign investors have doubled. In addition, now another very interesting buyer profile is emerging for the market, people of Asian origin who buy to get profitability from these rented homes.
Some tips for buying a home in Marbella
We consider that it is important to take into account the following aspects when buying a home in Marbella, since:
- Investing in real estate is becoming more profitable.
- There is much more demand than supply in prime areas.
- Vacation rentals are increasingly on the rise.
Having a real estate expert to buy a house in Marbella is an essential help since the fact that there is hardly any supply makes transactions very fast and absolute knowledge of the market is necessary. In other words:
Do not hesitate to contact us.