Marbella Where Better Marbella, located in south-eastern Spain, has become one of the most popular touristic destinations in the Costa del Sol. Known for its breathtaking landscapes, magnificent beaches and unique gastronomy, Marbella is a great place to spend you holidays, but also find some of the best property deals in the region. Whether you are planning to relax for a few days, or would like to discover some of the beautiful surroundings, you can definitely take advantage of the current Spanish property market and benefit from some of the best deals in Marbella property, or even in some of the Marbella villas. This post will give you some tips on how to find the best offers available. Buying and Renting Property in Spain Although the Spanish property market boomed during the most of the 1990s and 2000s, thanks in great part to the financial incentives and the economic climate, the fact is that the real estate market started to collapse in 2006, even before the Great Recession or the European Debt Crisis started to take their toll on the financial markets. Once the bubble burst, most of the properties of the Spanish coastal region suffered a steep decline in prices, falling down in some of the most heavily populated areas up to 50 per cent from their peak. While the decline has affected a great number of investors, it is also a great opportunity for you to take advantage of the situation, as it has become extremely easy to find property bargains and repossession sales. Whether you would like to rent or buy a discounted property or some of the beautiful Marbella villas available near the city’s old town, the market offers you a unique occasion to save some money. Property Investments and What to Expect in the Future While the Spanish real estate market in not very encouraging at the present time, it would not be very bright to think that the situation will not change in a few years, or even a few months. One of the most clear sign that the market is ready to awake is the fact that foreign investors and property managers are already investing heavily in the Spanish market. This means that there is a clear expectation that prices will start booming in the short and medium term. What is more, the Marbella property values in the Costa del Sol have already dropped substantially, making the current prices a great opportunity for those people looking for long-term rentals. In addition, while the Spanish government was recently forced to increase the VAT on property sales from 4 to 10 per cent of the value, once the European Debt Crisis is over and there is no need for further deficit reductions, it is expected that the government will bring this tax to its previous value. How to Benefit From the Best Deals in Marbella If you would like to buy or rent a unique Marbella villa, right now seems like the best opportunity to take advantage of the current situation of the Spanish property market. If you are willing to spend some money in order to enjoy a great and thrilling destination with a vibrant nightlife, Marbella is the right place for you. The press is already asking whether if it is the right time to buy a property in Spain. As we have already seen, investors are coming back to the Costa del Sol region and Spain’s economy is already experiencing moderate growth. Don’t let this opportunity get away and come to Marbella now.
Posted on: Thu, 04 Dec 2014 12:15:59 +0000
Trending Topics
Recently Viewed Topics
© 2015