Marbella Luxury Property Market in demand from Russian, Middle Eastern and Chinese buyers.
Marbella is once again becoming a top destination for International footballers, European TV stars and 2013 has seen the return of the Hollywood A listers ; Eva Longoria, Naomi Campbell, Antonio Banderas and George Clooney are just a few of the “celebrity” faces seen out and about in Marbella this year and hello magazine have voted Marbella the top Holiday destination!
Wealthy Russian buyers are arriving in their thousands, attracted by the Marbella lifestyle, the fabulous all year round sun on the Costa del Sol, excellent healthcare in Marbella and the opportunity for their children to gain a European education in Spain.
Vladimir Putin, The mayor of Moscow, Roman Abramovitch and many other Russian Billionaires have all purchased palatial homes in prime residential areas like La Zagaleta, Guadalmina Baja, Los Monteros, Puerto Banus and Marbella’s Golden Mile.
In the last couple of years Marbella has also seen a number of savvy Russian investors taking advantage of the property crash and buying older properties in La Zagaleta, Sierra Blanca and in other prime Costa del Sol property locations at greatly reduced prices. Following a complete renovation some of these properties are now back on the Marbella Property Market some at 3 and 4 million Euros more than their purchase prices in 2011/2012. A very nice profit for the sellers!
Russian buyers have also purchased many properties in luxury frontline beach developments with demand surging for high end developments such as Malibu Beach, Laguna de Banus and Oasis de Banus all of which comand high price tags with little available under 1.7million Euros for a 2 bedroom apartment in Malibu to over 4.5million for a 4 bedroom penthouse in Malibu.
Following the Spanish governments decision to offer permanent residency to non EU investors this demand is expected to increase towards the end of 2013 and continue rising throughout 2014 with Chinese and Middle Eastern buyers also looking at investing in Spanish properties and Spanish businesses.
The king of Saudi Arabia already owns a magnificent palace on the Golden Mile modeled on the American presidents home The White House.
Similarly the Qataris are already investing in Marbella with Sheik Al Tahini ambitious new project to redevelop the Marbella Port into the biggest and best in Europe now back on track. The Qatari sports foundation are also rumored to be looking at investing in golf courses in and around the Marbella area.
Hudson International Properties have an extensive portfolio of exclusive residential properties in prime locations including Villas in La Zagaleta, frontline beach Villas in Los Monteros; exclusive estates in Sierra Blanca, Mansions on The Golden Mile, Luxury Villas in Guadalmina Baja, Penthouses and apartments in Puerto Banus.
For investors Hudson International also have the best commercial opportunities on and off the market including , marbella hotels for sale, restaurants, bars, hospitals and health care facilities, residential care homes, supermarkets and many other businesses for sale on the costa del sol.
For more information on both properties for sale in Marbella and properties for rental on the Costa del Sol or for a list of businesses for sale please contact us on: email@example.com