You don’t need to be a property expert or financial analysts to know that the reputation of Marbella, and by association the wider Costa del Sol, appears to be on an upward trajectory. Only recently Marbella has been awarded the “Best European Destination 2024″ by the prestigious travel website ” European Best Destinations” receiving the highest number of votes competing against other countries. This has also put Marbella on the international map as a must-do destination for luxury real estate.
Over the last few years there has been substantial investment in upgrading Hotels and Residential properties as well as launching new Developments in Marbella. This has notably restored the confidence for big International Brands to invest their Brands into Marbella, such as Nobu Hotel and Nobu restaurant at Puente Romano, Cipriani, Miami Coyo, to name but a few.
2022 saw a very sharp rise and demand for property in general on the Costa del Sol and in particular with Marbella, with a slowing down at the end of 2023. What is relevant now is that prices need to be at a more realistic market value for potential buyers to have confidence in their investment, creating a win win situation with the seller.
Puente Romano Marina is one of the few places that have maintained their property prices due to attracting these International Brands into their vicinity at this prestigious 5 star Beach Resort. However, some of the newly refurbished luxury apartments, featured on my web site, has had price changes recently, mainly with owners who want to attract motivated buyers. Not only has Puente Romano have a wonderful array of amenities on your doorstep, as well as having one of the best addresses in Europe , it was also voted the best Beach Resort in Europe 2023!