"now is the time" to invest in marbella, say agents
The city’s climate, recent changes to the cultural scene and transport system make Marbella property the most attractive place to live abroad, argue agents from the firm, as the market looks set to recover.
Indeed, this March was the joint fourth coldest ever on record in the UK, it is 14â°C on average in Marbella during the same month. A property bought in London would endure approximately 10 days of rainfall in March and April and 110 days of rainfall per year. Marbella, on the other hand, enjoys 320 days of sunshine on average per year. These statistics suggest that investing in a villa in Marbella provides a higher quality of life in a superior climate.
The 84 million expansion of the port in Marbella will spearhead the revitalisation taking place in the area if it goes ahead, adds Fine & Country. It will potentially benefit both the area’s economy and the lifestyle of those living there. It is planned that over the next four years, cruise ships will be able to anchor at the port and there will be more berths for private boats and yachts.
In the last year, the transport network in the Costa del Sol has been dramatically improved. These changes provide those living in luxury villas with more advantages such as easy travel in the area and access to the main cities in Spain. The opening of the San Pedro tunnel last year has rid the area of a former congestion problem and has also resulted in less car crashes. Inhabitants enjoy the tranquillity and seclusion of their luxury villas but the AVE (high-speed train) also allows access to the rest of Spain by providing a journey time to Madrid of less than 3 hours and access to Barcelona in less than 6.
Nearby Málaga has been long established as a cultural hub because of its annual festivals and status as the City of Museums however it is experiencing a cultural rejuvenation with new projects such as a Wine Museum, Heritage Museum and Fine Arts Museum. Málaga can be reached in just 45 minutes from villas in La Zagaleta and provides those who live there with accessible culture, restaurants and night life
Michael Lovett, director of Fine & Country Marbella says, “The attraction of Marbella is at its peak right now not just because of the unfortunate weather in the UK but because the area is undergoing a real rejuvenation. Changes to the cultural scene and the transport system have recently been made to re-establish Marbella as the place to live and as a result, the future of the property market is promising.”
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