The mayor of Marbella has announced a private investment of 150 million euros. The funds will not be used to modify public property of Marbella even though the mayor acknowledged the need. Instead the money will go into creating jobs for residents of the city, which the mayor has thought more urgent. The investors are… Read more »
Monthly Archives: July 2015
Property sales in Marbella had increased an astonishing 30% at the end of 2014. A healthy start for the Costa del Sol’s jewel. Its luxury homes along with those of Puerto Banus can just about still be bought at reduced prices. The investment in Marbella, Puerto Banus and Nueva Andalucia property is now of great… Read more »
Marbella recently enjoyed the presence of Spain’s most outstanding artist of the new figuration and one of the strongest promises of the contemporary scene, Salvador Montó. His paintings, themed around cars, were exposed in one of the finest venues of Marbella’s properties: Casino Marbella. His paintings along with the cocktails were enjoyed by the casino’s… Read more »
According to a study from Luxury Spain, Marbella has claimed second in terms of luxury items sold, with 27% of the market, just behind Barcelona occupying 32%. This sector is estimated to sell 5.43 billion euros this year. Its drive: tourism of wealthy Americans, Japanese, Indians and Qataris. Being a capital of luxury goods Marbella’s… Read more »
Mazabi, with the support of Lainer real estate, believes the addition of fifty luxury homes in the Nueva Andalucia property market is a worthwhile investment as it responds to the international demand of new luxury constructions in coastal locations. These sea-view houses will vary from 350 thousand to 1 million euros depending on the type.