Julieta Venegas, the Mexicain singer, songwriter, instrumentalist and producer, will be showcasing her new album at the Marbella festival. This goes to show how diversified and culturally rich Starlite is; its line-up counts stars such as Anastascia, Lenny Kravitz or Lionel Ritchie but also artists such as Village People, Sinatra and Friends, Vivancos or Melendi. This diversity comes from its host city, Marbella, in which culture, entertainment and happiness are important values. If you too share the same values, buying a villa, townhouse or apartment in Marbella should be in your bucket list.
In four years Starlite has managed to surpass all expectations by becoming one of Marbella’s leading festivals. Its success comes from its originality; a daily programme which includes music, fashion, art, film and gastronomy set in a quarry in which resides its open air amphitheatre. This triumph of a festival made 60 million euros in 2014 and 300 direct jobs setting the city back on the road to recovery. This is only one facet of the diamond that is Marbella and if you want to live in a city culturally rich and lively, the Marbella property market is where you should start looking first.
Alexander Grinberg, Russian millionaire and owner of the Marbella FC, wants to give more to Marbella; he is planning to build a sports city and a high performance football centre, which he hopes to be a leader in Europe. The love he has for this city drives his enthusiasm for investments and he only needed to visit Marbella once to do so. If you are looking for an investment or just a city where you can feel alive, the Marbella property market is the place where you want to be looking.
For the first time since 2007, Spain has started with some of the best data we’ve seen for their first quarter of 2015, growing at a pace 18 times faster than the US and putting itself on a track to get an annual growth of 2.9%. This strong economic growth brings along a lot of positive vibes for all industries including the property market, making it a perfect time for investing in a wonderful vacation villa, apartment or townhouse in Marbella.
The property market in Marbella seems to be reigniting at the moment, some say that it has finally hit the bottom whilst others say it has already passed. One thing is for sure; price drops are becoming harder to come by so if you’re looking to buy, now is the time. Bundle that with the low Euro value at the moment and you have a great deal on your future home in Marbella, Nueva Andalucia or Puerto Banus.
After unveiling stars such as Lenny Kravitz, Lionel Richie and the Village People, Marbella’s Starlite festival announced that Enrique Iglesias will be performing live. The world renowned Spaniard is coming back to his roots, he sold over 100 million copies of his latest album ‘Sex and Love’ and it is already expected that tickets to his performance will be sold out. As fans from all over the world flock in for this popular event so do potential property investors. Everyone will be talking about this event as well as the exceptional lifestyle a Marbella villa or Puerto Banus apartment would have to offer.
Olivia de Borbon, niece of King Juan Carlos I, and her husband Julian Porras got married last October in Marbella. Today still, we can feel the pride of the warm hearted city for its Cupid role in yet a second royal romance as the King himself also met his wife Sofia in Marbella. Shortly before the ceremony Olivia and Julian celebrated an elegant pre-wedding party on the marina of Puerto Banus. These choices in venues of the royal family reflect the level of prestige that Marbella meets; it’s infrastructures, its decor and services. These are determining qualifications that support the strength and attractiveness of Marbella’s property market and tourism.
Nikolaj Coster-Waldau — AKA Jamie Lanister from the international blockbuster series Game of Thrones (GOT) — will be in Malaga for the filming of Domino. This Movie will be co-produced by European Capitals including Malaga for the creation of a thriller-road movie involving jihadist terrorism. Fans that had joined in masses for the shooting of GOT’s 5th season are awaited at the Port and La Malagueta’s bullring for scenes that will depict old Al Andalus.
As fans will come, so will social media coverage and reporters, bringing the limelight straight on the Malaga region. Marbella, being the prime destination for the rich and famous, will surely benefit from this exposure and maybe even seduce yet another celebrity with its Marbella villas or sea-view Puerto Banus apartments.
Marbella’s renewed growth was recently discussed with the mayor — Angeles Muñoz — who wants to see Marbella thrive as the best tourist destination in Spain. If we take a look at this year’s progress this isn’t just an intangible wish but a concrete effort. 2014 saw a 94% hotel occupancy rate as well as a number of new businesses flourishing every week to reap the benefits of the booming tourist and commercial activity. This progress is confirmed through it’s 7th position as best spanish holiday destination (Tripadvisor) and as spanish city with the most amount of property sales. To push the city onto the podium, Puerto Banus apartments and Marbella villas will be marketed on the Chinese market.
By spring of 2017 Malaga’s Plaza Mayor shopping and leisure complex will have finally gained an extra 22,725 sqm in commercial surfaces. This is to cost 70 million euros in private investment but generate over 600 jobs and 4.7 million euros in public revenue that will be used to further improve Malaga’s historic center. This goes to show just how well the region is performing in terms of progression and commercial activity. Now homeowners will be able to relax in their calm and luxurious Marbella villas but still live it up in an urban decor.