HOME BANK REPOSSESSIONS IN MARBELLA SPAIN SEARCH PROPERTIES ABOUT US REAL ESTATE IN MARBELLA SPAIN CONTACT US PRIVACY POLICY Positive economy indicators for the Costa del Sol 10:38 AM · Comments Off on Positive economy indicators for the Costa del Sol · Categories: News from Marbella Costa del Sol · Tags: Andalucia, Development, estepona, europe, Grand-Boulevard, marbella house, Projects, tourism, tourists A huge influx of tourists in 2014 is not only visibly noticable in Marbella but other areas of Andalucia also. Projections from experts predict approximately 10 billion euros will be created in 2014 in Andalucia meaning other councils are making improvements as well which is great news for the construction sector. The influx of tourists to Marbella this year has made such an impact that the town has been added to a select list of areas that is allowed to open on Sundays, which is great news for the local residents and also for tourists. The local elections are less than a year away now and one of the most eagerly anticipated projects in 2014 is due to start after the Summer in Estepona. The so-called Grand Boulevard is a massive project that will transform Estepona and it´s surrounding areas and will have a new shopping centre, additional tourism related attractions and a new recreational centre. This project has a large price tag of 30 million Euros however it is privately funded, in addition however the local council is financing a multi-millon euro botanical park due to be the biggest orchid collection in Europe. In other areas on the Costa del Sol development of museums, tourist attractions, theatres, and infrastructure in Velez Malaga, Malaga City, Benalmádena, Mijas (old town), Rincón de la Victoria, Alharurin del Grande, Cartama and Fuengirola is due to start. All of the projects across all of these areas on the Costa del Sol should bring in many more tourists, but it will also boost the local economy and reduce unemployment considerably. Facebook Twitter LinkedIn Pinterest Share Leading the way for Property Recovery Costa del Sol 12:20 PM · Comments Off on Leading the way for Property Recovery Costa del Sol · Categories: New developments Marbella, News from Marbella Costa del Sol · Tags: Developments, estepona, marbella house, Property Prices, Property Sales Studies has shown evidence that there has been a considerable increase in property prices between Marbella and Manilva. New off-plan developments have reached their rock bottom prices and are now showing a rise due to foreign demand. 2 areas in Spain are showing concrete signs of recovery, Costa Blanca and Costa del Sol. This study gathered information from sixty costal regions of Southern Spain and showed due to financial institutions lowering property prices that housing was now selling faster. Things are still premature in respect of the Spanish construction industry but areas in the Costa del Sol and Costa Blanca are giving very positive signs. Developments in the Estepona and Marbella area, which have been built for the foreign market are building great interest. The general view is that property prices are now slowing down but this only seems to be in some areas of Southern Spain where tourism is high. For example prices on the Costa del Sol have dropped to their lowest to about 1.1% in the first quarter of 2013 & 2014. Predictions are that sales could increase as much as 25% this year in Marbella due to demand by foreign buyers. 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