International Business Times tips Marbella as a ‘safe choice’ for property investment
In further good news for the Marbella property market, the respected global news publication International Business Times has tipped the town as a ‘safe choice’ for Spanish property investment, reports Marbella property experts La Concha Living (http://www.laconchaliving.com/).
It’s not only the International Business Times which has picked up on Spain’s potential for property investment in this current market. The internationally renowned American newspaper Wall Street Journal has noted that average prices of property in Spain have fallen by between 15 and 40 per cent since the beginning of the global economic crisis. It’s not just the falling price of property in the country which is attracting investors, however, but also the fact that, according to the Wall Street Journal, there is “still a sense of long-term economic stability” in Spain.
Property in Marbella is looking particularly attractive, as although there are great bargains to be had, this area is still very much at the luxury end of the market, a sector which is still booming even in the current climate. The International Business Times article quotes president of Sotheby’s International Realty Philip White as saying about Marbella: “It has been a major destination for years. It is safe, international, the restaurants are excellent and it has a sense of vibrancy.”
Property for sale in Marbella is still in high demand, demand which is set to rise further if international investors come looking for bargains in this high-end lifestyle destination.
La Concha Living serves both investor and residential clients in their search for the ideal Marbella property. To view the latest hot listings, go to http://www.laconchaliving.com/.
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