The property market in Marbella is recovering
Marbella is now becoming a leader in real esate sector.
Last year ended with a total of 3,115 property sales, a figure which is similar to that of 2007, before the bubble burst
The results for property transactions last year, which have just been released by the Ministry of Development, reveal that Marbella is the Spanish town in which the number of sales has increased the most, by 23.6 per cent.
The Ministry’s statistics include all provincial capitals and towns with more than 100,000 inhabitants. Marbella has ranked higher than Parla (17.2%), Móstoles (12.7%), Guadalajara (12.5 %), Ceuta (10.3%) and Madrid (9.3 %).
In total, in the whole of Spain there were 300,349 property transactions last year, which is a drop of 17.4 per cent compared with 2012.
With this increase, Marbella has achieved its second consecutive year of growth. After 2011, when the number of transactions dropped slightly compared with the previous year, the town registered an increase of 11.5 per cent in 2012 and 23.6 per cent last year and the forecasts for the present year are optimistic.
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