If the events of early 2020 have taught us anything, it is that we should seize the day and grab opportunities to make a better life for ourselves. That includes not putting off that home in the sun you have been longing for!
This is especially true as the Marbella property market looks healthy and buoyant.
As 2020 progresses, you will find abundant ways to invest in property in the region, buy a holiday home or retire to this wonderful Southern Spanish resort area. The same ‘healthy outlook’ applies to anyone who wants to sell a property there.
Of course, one of the main reasons for a resurgence of interest in Marbella real estate is that Brexit uncertainty is finally consigned to history.
How many potential relocators and investors were bidding their time – for as much as two years – while that all shook down? Now, they can explore the Marbella property market with greater confidence.
Reaction to tough times
No assessment of 2020 property fluctuations can fail to mention the impact of Covid-19. It has hit the Spanish economy hard (and it was already showing signs of fatigue).
How does this affect the Marbella property market? When the travel restrictions ease and global travellers can once more flow freely, the sense of euphoria could be substantial. Having such challenging times to live through could well lead to a desire to book holidays and move abroad without delay. This too could be a substantial boost for Marbella in the latter half of the year.
New property in Marbella
Another reason to be optimistic for this Costa del Sol city and resort is that construction firms have not been idle while buyers were hesitating.
There have been exciting new developments in Marbella real estate, especially in the highly attractive Estepona ‘Golden Mile’.
This gives investors and anyone looking for holiday homes and retirement properties a beguiling choice.
Interestingly, developers have added to the diversity of property investments in this part of the Andalusia region too. Not only are there now a variety of ways to invest in Marbella homes, but you can also purchase more ‘high-end’ properties that offer a glorious Spanish lifestyle. These will be ideal for anyone seeking to retire to this beautiful region, and enjoy great comfort and wonderful views!
Many of the above reasons to explore the Marbella property market hinge on what else is going on in the area. Again, it’s good news. There have been strong indications of inward investment in the already substantial tourism sector, including new hotels.
The only word of caution, in conclusion, is that you need to seek out good advice when sourcing Marbella real estate. The overall picture is rosy. However, like any other area, there are still pockets of the Marbella property market that are underserved by localised resources and should be avoided.
On the whole, though, could your brighter future come from delving into the Marbella property market?