Luxury villa building boom in Marbella

Foreigners buying over 50 percent of properties Costa del Sol

  1. 50% all properties on the Costa del Sol in Spain bought by foreigners.
  2. Highest level ever, not even during the great building boom in 2007 the proportion was greater than right now.
  3. 4.640 of the total of 9.526 properties sold last year on the Costa del Sol went to non-Spanish nationals.
  4.  50 percent of all properties sold in Malaga province ended up in foreign hands.
  5. Five million tourists prefer private accommodation.
  6. Danes, Russians and Swedish are buying more than ever.
  7.  The region Andalusia(south of Spain) registered  a  +15.6%. increase in purchases of foreigners 

modern-villa-South-Spain

Properties for sale in Southern Spain Multi Listing Service Rental –Beachfront –EU Residency approved  if you buy Spanish Property

Benahavis –BenalmadenaCasaresEstepona –  Marbella –Marbella East –Nueva Andalucia –  Elvria –Sotogrande

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The share of properties sold to non-Spanish nationals has reached its peak. It surpassed even the golden building boom in the middle of last decade, says José Prado, president of the association forproperty sales in Malaga.

Property purchase on the Costa del Sol in Spain is for some buyers primarily an investment. Of the 9.5 million tourists last year that landed in Malaga province, chose less than half stay at the hotel. Five million tourists prefer private accommodation.

Property  buyer of Danish and Swedish growing most by foreigners in Spain

Foreigners accounted for 21.4 percent of property purchases in the open market in Spain last year. Recent figures from the “Consejo General del Notariado” shows that foreigners bought 55,187 properties, an increase of 9.8 percent compared with 2012.

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Among the foreigners purchases was most among Danes (27%), followed by Swedes (24.4%), Americans (20%), French (11.8%), Russians (10.8%) and British citizens (10.7%).

 The average price per square meter in Spain last year was at 1.486 Euros, a decline of 3.8 percent compared with 2012.

Homes for sale from Banks, forced or urgent Luxury villa sales in South of Spain-Costa del Sol (click here)

  Building boom for Luxury villas in Marbella. If you drive around the best areas of Marbella, you will notice construction is back.

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Click on above or here and see a nice 6 bedroom villa to reform , price is only €590.000

New Luxury villas are being build in prime locations, often replacing a old house or older houses are being reformed.The new building boom is in villas in prime locations.

villa-For-sale-Marbella-Hillside

Above is  villa is located Marbella Hillside a prime object  to reform

Use the contact form  (click) or Call me, for a personal search and viewing trip.

stefan Katafai

Best Regards

Stefan Katafai
“One man one Word”
President@Agent4Stars.com
+34 637 97 37 42

I represent very wealthy Buyers and Sellers.

Please contact me if you wish to buy, sell or Collaborate (I work with Private Banks, Family offices, Family Trusts, Lawyers, legal mandate holders etc)

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