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Showing posts from 2012

Now is the time to buy property in Marbella, Puerto Banus and Costa del Sol

Alan Wentworth-Harley believes now is the time to buy in Marbella NOW is the time to buy a property in Marbella, says Alan Wentworth- Harley the CEO of leading luxury real estate company One Marbella. Although it is impossible to know if property prices will fall further, recent figures suggest the decrease has slowed down nationwide. Buyers have seen prices drop substantially – in some cases up to 30-40% - since the recession started to bite in 2008, bringing what many believe to be over-inflated prices closer to what the real value of the properties are, and in some cases being sold under their true value. For decades Marbella had a reputation of being the playground for the rich and famous. Plush villas owned by Hollywood stars like Sean Connery or Arab royalty, and super-yachts moored in Puerto  Banus  raised the profile of the city and surrounding areas to the world’s favourite spot for summer sun. This image kept property prices sky-high as demand ...