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TIME TO HEAD FOR THE HILLS OR GRASP THE OPPORTUNITY??
Is real estate finished in Marbella or is it time to get on the wagon and take advantage of the great opportunities??
The resale property market is flourishing on the Costa del Sol and many bargains to be had. Avoid the new build and buy an established home at well below bank valuation.
Welcome home to Marbella.
INTRODUCTION FROM Barry Lilly Marbella Dream estates sl buying A Property in spain is it safe?
WHAT IS THE MARKET LIKE TODAY ?
IS IT A GOOD TIME TO BUY??
WHY MARBELLA, SPAIN?
HIGHEST DAILY SUNSHINE RECORD IN EUROPE
CONTACT DETAILS
Dear All,
This will be my 8th year in the Marbella real estate industry and to me it is still the best place to have a home compared to anywhere in the world you care to mention.
We are just over two hours flying time from the UK and as I write this, the sun is shining, the sky is blue and the temperature is hovering around the early twenty degrees Celsius and mid January.
Marbella is a lifestyle destination and has been a popular choice for the more wealthy of the North European populous for decades.
Recently and once again Marbella and the coast is in the news. Corrupt town halls, illegally built properties and heinous money laundering sprinkled with paparazzi, bulldozers and well heeled lawyers in dark cells awaiting the inquisition.
Must be like living on some permanent film set, but in reality it isn't. The kids still go to school, mortgages are being paid and properties are still being bought and sold.
Buying Property in Marbella.
Some recent Q & A´s
IS IT SAFE?
Over the last twenty plus years I have sold and been involved the sale of thousands of properties. Not one is illegal and not one has a threat of being pulled down.
The reason is that we have always done rigorous due diligence and recommended lawyers that act strictly in accordance with Town Planning regulations.
The rules have always been in place. Only purchase property that has full title deed and has full planning consent from the regional government not just local government.
Marbella dream estates is renowned for its first class service incorporating property consulting and Chartered surveyors. We are on the panel of most major banks; this is the time to take advantage of a real estate company that has built a business on its reputation.
WHAT IS THE MARKET LIKE TODAY?
The market is depressed and it is a buyers market This in our mind makes it an ideal market in which to purchase a home to enjoy and at a good market price.
The best market is the resale market, established properties in good locations and comparative bargains are available for discerning buyers in all strata of the marketplace.
We are being given instructions on distressed and bankrupt repossessions from many of the lending and legal institutions. It is an interesting fact that 74.3% of all properties purchased in 2007 were resale. A complete turn around from previous years.
IS IT THE RIGHT TIME TO BUY?
Like any mature property market there are always ups and downs, it is the nature of the beast.
How long this trough will last we do not know. One thing we are certain of is that it will go up again. This area (Marbella coast line) has too much to offer and the demographics of the potential market outweigh any doubts.
The resale market does not have an unlimited supply of good property especially in the desirable areas and many buyers are taking advantage of this.
WHY MARBELLA /SPAIN?
The lifestyle, golf, weather, restaurants, mountains, beaches, marinas, old town, great locations, palm trees, cobble stones, Andalucian architecture, eating sea food in a beach side restaurant with a decent bottle of wine, cosmopolitan, and not just a summer hang-out but a twelve month of the year destination..
Over 35 flights a day from most UK regional airports to the new world class Malaga Airport. A couple of hours flying time, easy week-end breaks, no jet lag and rain to sunshine easily manageable.
It's Europe, part of the community, freehold, democratic and apart from the odd grumpy waiter it is a friendly and comfortable environment.
INTERESTED?
Contact me directly barrylilly@marbelladreamestates.com
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