News November, 14th 2013 by

Signs of the times – Spain's property prospects up

Marbella City

Marbella City


The combined effects of record tourist numbers, the property price adjustment, the Spanish residency incentive for non-EU investors in properties over €500,000, and economic growth forecasts into 2014 are positive indicators for Spain’s commercial and residential property markets.

For proof of this favourable environment, you only need look at recent Costa del Sol actions as testament to the region’s strategic appeal.

Commercial property Marbella: With its high-value readership, Russian Ideal Home Magazine moved offices from Elviria to central Marbella last week, transferring its showroom to Calle Pablo Casals Nº 9, Local 2, off the principal Avenida de Ricardo Soriano.

For German publisher and director at ADS Marketing & Consulting, Stefan Knöbel, the upturn in visitor numbers and enquiries from Russian and Scandinavian investors means the new central office sits alongside the 4 and 5 Star hotels, resorts and apartment complexes frequented by this target group.

Chris Dove’s article on the current Costa del Sol property market within the €400,000 to €8 million range will appear in Winter issue. Read the current Autumn issue at

Residential property Marbella: Pro Write has produced the sales spec for a luxury villa on a 1,590 m2 plot in Bahía de Marbella. Designed by respected Chilean architect Leonor Mármol Vásquez and owned by a German former Johnson & Johnson health care director and his wife, the overwhelming sense of space, comfort and convenience will appeal to investors in the €3 million range.

During a briefing at their home last week, the couple seem relaxed about relocating nearby after 13 years. “Whilst we’re still fit and able, we like to plan ahead so we’re prepared whenever the move may be. That’s something I learnt during my time at J&J.“

For the Bahía de Marbella spec contact Chris Dove,  

Chris Dove

(BA Hons Economics), international business writer and editorial director, Pro Write and Edit.

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