It is true that the last of those Marbella property developments that had suffered the global downturn, have now received their long-awaited cash injection. They have since been returned to the market fully repositioned with a more economical price tag and thoroughly completed standards. Both institutional investors and private buyers have benefitted over the recent years, snapping up deals where the banks and developers wanted to achieve nothing more than a clean slate. But now, the market is stabilising. And this means that all of the opportunities that presented themselves to investment funds or wealthy multi-property purchasers have been exhausted and we await new stock that will be specifically constructed to meet the needs of today's spanish property market.
So... any cautious investor who has been watching and waiting must now act if they want to secure a good property investment before the price rise. Marbella, in particular, has a cyclical nature and those in the know are fully expectant of its organic rise and fall.
It is without doubt that the very best property deal available across the whole of the Costa del Sol right now is located in Los Monteros. This is a highly exclusive area with stunning views across to the golden sands of Marbella. Originally prices started at the 300,000€ mark. And they held throughout all of the recent years of difficulty with the developer remaining strong and steady. It is only now when just a few remaining units are left, that the prices of these luxury apartments have been negotiated down to previously unprecedented levels.
For just 160,000€ it is currently possible to buy a 2 bedroom luxury property with garage and storage, just a short drive from Marbella centre and 10 minutes from Puerto Banús. The area is dotted with beautiful golfing greens and the vistas stretch all the way across the Mediterranean to Morocco. No expense was spared when they built this resort – 2 outdoor swimming pools, an indoor heated pool, a spa and a gym. The services are still brilliantly maintained with lovely gardens and 24 hour security. There has been such an incredible demand for property in this development that viewings are now only available by appointment. Contact us to book yours today.
Of course, at Blu Sun Consulting we do also understand that a huge part of making sure that your property purchase is successful, is the choice of location. Whilst the savvy investor must always be aware of the best deals on the property market, we will also help you to decide whether the area is suited to your particular needs. Please visit our Exclusive Areas page on our website to learn more about the variety that Marbella has to offer.