In the aftermath of the global blow out and the financial crisis in 2008, the local economy suffered as tourism, investment and the property market went into recession. However, it is now time to breathe a sigh of relief, even celebrate, with the property market showing clear signs of recovery!
Following a consistent increase in tourism visits during 2011-2014, the property market has since rebounded and we are now entering the beginnings of a real growth cycle. With an increase in visitors to the Costa del Sol, the demand for properties continues to grow and prices have risen by 4.8%, in response to the increase in sales. However, there still great prices and investment opportunities available whether you’re a home buyer or investor in the area.
“With the Costa del Sol offering an unrivalled lifestyle, a year round sunny climate, quality beaches, with an array of great restaurants, beach clubs and bars to keep you entertained, it’s no wonder tourism is increasing and property sales are picking up,” says Massimo Filippa.
International buyers are generating high demand, accompanied by a solid increase in foreign investment. “At Greenlife Estates we pride ourselves on being specialists in unique residential apartment complexes and high quality villas that suit many tastes. With over 35 years’ experience in promoting developments of stylish architecture and design, our local knowledge and understanding allow us to offer first class services to find the right property for each of our clients.”
“By analysing trends within the economy and property market, we offer the best advice to our clients when it comes to selling or buying property. With the client’s best interests in mind, we aim to provide the best quality service in order to help them make the right decision, and to do so, when the timing is right,” adds Massimo. With the Marbella property market growing strongly, don’t miss out on the opportunity by getting in touch with Greenlife Estates.