April 21, 2015 Leave a comment
Over the past 10 years the property market in Marbella has seen a massive change due to the obvious recession which affected most of the world. The knock on affect from the UK hit the construction and building markets leaving many of the projects along the Costa del Sol incomplete.
There has been much speculation as to the actual recovery of the property market in Marbella however recently released figures from the Ministry of Building are very promising.
The high property prices from 2004 to 2010 are finally levelling out and stabilising and there are also signs of a gradual increase which is great news for potential vendors.
As for the amount of properties sold, these figures too are encouraging as figures from the Ministry also indicate a rise in 2014 of properties sold in Marbella. All indicators are that this trend is positive for 2015 and highly likely to continue.