In addition to renting your property during high season in Marbella, you can also do so throughout the rest of the year. You can recover part of the investment by renting your property while you aren’t living in it.
Due to its proximity to beautiful cities such as Malaga, Seville, Granada and Cordoba, all of which are UNESCO World Heritage Sites, Marbella is a must see destination as one of the most beautiful cities in the Costa del Sol,marbellabanus.com just a couple of hours away by car.
Price competition
There is a continuous and effective demand for properties on the Marbella real estate market. Comparing the Costa del Sol to other tourist destinations in the Mediterranean like Palma de Mallorca, France, Italy, and Greece, prices are highly competitive. In 2016, Marbella’s real estate market sales stabilised after increasing during the last five years.
Holidaymakers from around the world enjoy their holidays in Marbella. With its top-notch restaurants, amazing golf courses, beautiful beaches and world-class marinas, it is considered a privileged location.
Also, Marbella has a top notch real estate market that offers resale properties, brand new properties, as well as off-plan properties. An investment in Marbella would be a risk-free investment since market prices, based on the data mentioned above, will continue to rise.
There are only a few places in Spain that offer sun, luxury, and some of the best properties in Europe, like Marbella. An investment property is always a good idea, but a property on the Costa del Sol has no risk and can be rented out as a holiday home or as a second home in Marbella.
Marbella is the first place that comes to mind when considering a Costa del Sol investment. There is no other place on the Costa del Sol with a climate like this, or with such excellent local services and infrastructure. All this makes Marbella the place where international buyers want to invest because of its world-class golf courses, outstanding sports marinas, and superb restaurants. Since the late 50s, Marbella has been a popular destination for jetsetters, and it has served the needs of the most demanding and exclusive clients ever since. Lifestyle services are provided by Marbella in Style in Marbella and on the Costa del Sol to meet the needs of the most demanding customers.
Investing in Costa del Sol requires knowledge about the area, as well as information about its real estate market and the local economy.
Holidays in Marbella
The number of people staying in hotels in Marbella has increased from 2013 to present, according to data from the National Institute of Statistics (INE). Aside from its fantastic weather and excellent connections, Marbella is also a top destination for another type of tourism, residential tourism.
An individual who takes up residence abroad for most of the year is known as a resident of residential tourism. In this way, according to data provided by the Ministry of Public Works and Transport, sales grew from 2008 to 2015, but then levelled out in 2016.
Also participating in the growth of the Spanish market in 2015 were buyers from countries such as Norway, Sweden, Denmark, and the United Kingdom, as well as Madrid, Barcelona, and the Balearics. Marbella is a great holiday destination for a variety of nationalities around the world.
Hiring the right professionals can make managing your property from overseas a breeze. You can trust Marbella in Style to take care of your property, so you don’t have to.