According to Premier Marbella news sources, the Marbella property market would appear to be on the path of recovery and according to statistics just released by the Ministry of Development, Marbella registered a 23.6 % sales increase. Continue reading
The Marbella International Property Show and Investment Forum (MIPS), which celebrates its second edition from 18 to 21 March at Villa Padierna Palace Hotel, will present an exclusive selection of luxury homes that have a value in excess of 2,000 million euros. The portfolio is to include villas valued above 40 million euros. Continue reading
According to Premier Marbella news sources, the Estepona luxury apartment development of Golf Hills Village is set to go up for auction with a reserve price of 7.3 million euros. The project is only at 95% of its total execution making this the first time in Spain that an unfinished development would be put to auction. It is understood that the construction company could not fund the cost of completing the complex. Now these properties located in Camino Resinera Bobadilla, will be auctioned on the 18 March. Continue reading
There is one construction-based sector where the machines have not stopped working and where at times it is difficult to find qualified staff to carry out certain jobs. This sector is within in the triangle formed by Marbella, Estepona and Benahavís and last year it generated more than 250 million euros worth of business and about 4,000 jobs, of which 1,000 were direct.
The DOM3 association, which brings together 23 companies related to the construction of top-of-the -range homes, estimates that during the past year about 60 properties were built within the aforementioned triangle of Marbella, Estepona & Benahavís and whose cost per unit was at least one million euros. Apart from the figures mentioned above, this business also generated another which the offices of the Hacienda tax authority will value above all others: 22 million euros in IVA (value added tax).
Premier Property International are pleased to present this Bank Repossession. Situated in the heart of Los Flamingos Golf Resort, between Marbella & Estepona with panoramic sea & golf views. Fusion of Mediterranean architecture with key contemporary tones. A total of 96 apartments consisting of 2 bedrooms units and 3 bedroom penthouses, all with a west orientation. Garage, storeroom and parking for a golf buggy. Two swimming pools and two padel tennis courts.