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Category Archives: Investment

Record Sales to Foreigners in 2017

Foreigners bought 13.2% of property sold in 2016

In 2016 the number of properties purchased by foreign citizens reached 13.2% of the total units sold in Spain; record sales, and the highest figure from the last decade. However, the current data suggests 2017 will surpass those record sales, by a substantial margin, according to the latest Residential Market Report prepared by investment management Continue Reading

Málaga To Create 1,000 New Homes

1,000 new homes will be built in Málaga

Malaga City Council has taken the first steps to creating a new urban development in the city. The project will create around 1,000 homes, most of which will be protected, although there will be free-rent properties included. The council has selected five projects which will now be put out to tender to developers. The project, Continue Reading

Marbella Property Market Looking Strong

Frontline Golden Mile is seeing huge demand

Since the recovery of the Marbella property market began to show in 2013 the preference has been for new homes with the latest designs, facilities and features. The market for resale property also recovered but lagged behind the demand for new property. The demand for older properties with “potential” in prime locations is also recovering Continue Reading

Huge Investment for Hotel Don Miguel in Marbella

Hotel Don Miguel New Plans

More good news for Marbella this month with the announcement that the Magna Hotels and Resorts Group plan to invest 70 million euros into the region to reopen the Hotel Don Miguel. The hotel was an emblem of tourism during the seventies and eighties which sadly closed its doors in 2004. The hotel is scheduled Continue Reading

W Hotels Coming to Marbella

Marbella's mayor attended the signing

Marbella’s new luxury hotel has taken a step closer. The mayor, José Bernal, and Minister for Tourism, Javier Porcuna, attended the signing of the agreement between Platinum Estates and the hotel group Marriott International Inc. for the development of W Hotels Marbella. Platinum Estates already own several successful hotels around the world which are managed Continue Reading

10 Steps to Buying Property in Spain

10 Steps to Buying Property in Spain

If you are thinking about buying property in Spain, you need to be sure you know what you are doing in order to avoid potential pitfalls. If you are tempted by the sun or you dream of waking up to a view of the Mediterranean then you are in the right place! The Costa del Continue Reading

Estepona Attracting Investment

The Valle Romano Golf Resort, Estepona

Investment fund HIG Capital has signed an agreement with real estate developer Neinor Homes for the purchase of 430 apartments located in the Valle Romano Golf complex in Estepona (Málaga), in a deal worth around 32 million euros. The Valle Romano Golf Resort is located next to a golf course of 60 hectares with eighteen Continue Reading