Marbella Property - Are you looking to Invest?

marbella apartments

Every winter I am reminded of just why Northern Europeans fell deeply in love with the Costa Del Sol to begin with. A beautiful setting, fabulous beaches, a relaxed lifestyle and 300 days 12 months of sunshine are a quite strong pull indeed.

Thats why the fundamentals of the South of spain property market can be strong, despite the banking crisis of 2007 as well as affect on the overseas property market.

Auctions 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 those who sat on the fence in the peak of the market and still have watched prices fall off their peak.

People certainly held back in 2009, but these people recognise that they cannot put their thrives on 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, however that pent up demand is feeding into a recovery in 2011 both in number of sales and prices. It's not just the British that have returned to the market, trying to find a bargain, the strength of the German economic recovery has expanded the number of Germans looking to buy property and it seems Russians that are the biggest buyers coming from all. A survey published by Savills International learned that the overseas second-home marketplace is likely to be characterised by cash rich, lifestyle property investors keen on bargain prices.

marbella luxury villas

Keep in mind it is the upper end with the market that has organized best, prices are an average of 15% down on their peak, but they are beginning to tick up.

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

If your price tag of a number of the completed villas out there for between 2 and 5 million Euro is sufficient to put you off then consideration needs to be given to buying a stretch of land in a good location inside them for hours your own villa constructed. Provided you are careful that all necessary permits are obtained this would prove a great Marbella villa investment, whether you're looking to move to sunshine permanently or construct your dream home in the sun.

By using these strong fundamentals and returning demand it's highly likely that prices will begin to increase. Even if property prices just keep pace with inflation they'll have to rise by 5% each year. If you have a dream of an home in the sun, or are looking for a decent return on your investment portfolio you should carefully consider whether you are at a disadvantage and will look back in the future on what was a great opportunity missed.