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Marbella Property Market Still A Great Investment Option

Submitted by admin on Wednesday, 23 June 2010One Comment

luxury-villa-600x399Marbella on the Costa del Sol has long been a favourite with European holidaymakers, especially the British and the Germans. It has become synonymous with great weather, fantastic beaches, golf and generally has something to suite all tastes.

But it’s not just a great place for holiday rentals which the Spanish refer to as alquileres en Marbella Costa del Sol. It’s also a great place to purchase property, as many investors realise that Marbella has a good holiday and long term rental market which is standing strong even during this crushing recession.

Those looking for property for sale in Marbella can find many properties available either via the web or via local agents of which there a many to choose from.

But don’t expect dirt cheap property bargains. Marbella has been the choice location for many investors and property owners over the last 30 years. The vast majority of owners are not desperate to sell, so if you are looking for “distressed sales” you may be disappointed as there are not too many on offer in this part of the coast.

Areas such as Marbella offer great value as the rental markets are helping to keep the property market afloat during these troubled financial times.

Long term rentals are still very popular in Marbella and the Costa del Sol in general due to the lack of interest in the sales market. With many unable to buy, they are looking for good long term rental opportunities.

The same can be said of the short term holiday rental market which although quieter due to the recession, is still seeing good occupancy levels.

So, if you are looking for an investment opportunity, Marbella is still the place to be on the Costa del Sol and until now, has not been affected by the recession and looks to remain a firm favourite with both investors and tenants alike.

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