Ibuscando's Real Estate blog
About spanish properties for sale, apartments, villas, plots and commercial properties for sale in Spain. News, procedures, curiosities...
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The Marbella property market has begun a long road to recovery
Real Estate Blog 03-07-2009 The property market in Marbella shows signs of recovery. A property expert gives his vison of Marbella’s latest property news.
In an recent article in their Marbella Property Blog, the experts in property in Marbella, Panorama, informs that ‘All major real estate agents on the Costa del Sol report that the spurt in market activity in April, which we reported several weeks ago, has continued unabated during the whole month of May and into June. Properties are selling again, in all price categories, after a long and cold winter season with a very low volume of sales. Potential buyers were literally “frozen” with fear due to the world economic situation. However, during this period many potential buyers still went out to view properties, to identify what they would like to purchase while they waited for prices to drop further.
With confidence levels rising, we now see people who have been looking for months, even years, now actively buying properties at prices which, only a year ago, they never thought would be achievable.’
We really hope that the rising situation continues in the next months.
Read the full article “The Marbella Property Market Bounces Back”

