Marbella seeks to position itself in the Chinese market

Marbella

According to Premier Marbella news sources, the mayoress of Marbella, Angeles Muñoz, has shown her support at the opening of the tourist day “Chinese love Marbella”. The aim of Marbella Town Hall is to position the city in the Chinese market with tourism strategies leading the initiative and drawing a particular focus to major cities like Shenzhen (near Hong Kong) and Shanghai.  Continue reading

Spanish property sales to non-residents up 43%

Spanish property

The number of buyers seeking to invest in Spanish property has jumped considerably year on year. Statistics from the General Council of Notaries show that non-resident foreign buyers purchased 43% more Spanish property in the second quarter of 2013 than in the same period 2012. Overseas buyers accounted for 14,593 properties purchased in Spain during the second quarter of the year, an increase of 23% compared to the same period last year.  Continue reading

Spanish property sales fall by 15,4 % in August

Spanish property

According to Premier Marbella news sources Spanish property sales fell 15.4% in August to close at 23,552 operations, thus accelerating the downward trend recorded in the past four months, according to data released yesterday by the National Institute of Statistics, INE. Continue reading

The mayoress announces an agreement with RTVE to promote Marbella

Marbella

According Premier Marbella news sources, the mayoress of Marbella, Ángeles Muñoz recently announced after a meeting in Madrid the commitment of the President of RTVE, Leopoldo Sánchez-Echenique to sign a cooperation protocol in order that the municipality is “much more present ” on the state media to the public. The agreement is expected to be formalized by the end of the year. Continue reading

Time is right to invest in Marbella property

Puerto Banus, Marbella

Marbella has long held great appeal for buyers seeking a property in a location with a warm climate, interesting cultural heritage, championship golf courses and excellent infrastructure. While the Marbella property market has suffered at the hands of the global recession and many vendors are accepting prices well below the asking value, this is actually good news for buyers seeking to purchase a home in this select enclave.  Continue reading

Marbella property prices stop falling and point towards stabilization in the market

Marbella property

According Premier Marbella news sources, recent data analyzed indicate that during the third quarter of 2013 property prices did not fall, registering a variation of 0.0% over the previous quarter. This price stability breaks the downtrend in the price of second-hand property that began in September 2007 and has continued with 24 consecutive quarters of falls, six years in total. Marbella Property prices would appear to have stabilized and the dramatic price drops are beginning to thin out. Continue reading