Marbella and Real Estate

In this report we briefly look at the mechanics of property markets and the events that lead up to the recession in an effort to understand the current situation better and where we are in the next cycle. As is often the case during times like these, there are ample opportunities to be had as well, though now is above all a time for sensible and informed buyers.

The well known law firm Martinez-Echevarria Perez & Ferrero Abogados organized an informative session on the new Urban Plan which was targeted at Marbella architects, and to which Diana Morales Properties was also kindly invited. The talk was given by Manuel Garrido Mora and Carlos García-Manrique y Garcia da Silva (lawyers of the State) and Jose Luis Espejo Vergara, lawyer expert in Urbanism.

In the past recent years we have been noticing a change in trends. At the beginning, and on rare occasions did we see property which differed from the traditional architecture of the Coast, always more Andalusian.

Marbella at a glance. A little bit of Marbella’s history.

We see in various media, articles on signs of property market recovery. We read with pleasure articles about recovery here in Spain, but we are also weary of saying the crisis is over. The crisis may not be over, but signs of recovery are definitely good news and it means we are on the way to better times. While the news may be good for some, for others it is still not enough. Where some only see the negative aspects of some of the consequences of the past local government policies, others see the recovery of this very special place which is Marbella.