Marbella Info, News, Articles, Events, Luxury Homes – DM Properties Blog The real estate experts at DM Properties share their knowledge and experience of the real estate market in Marbella and the Costa del Sol. Tue, 18 Oct 2016 13:07:12 +0000 en-US hourly 1 Best Marbella areas to live near golf courses Tue, 11 Oct 2016 15:20:32 +0000 The eagerly awaited autumn golf season has once again begun on the Costa del Sol. This coast provides keen golfers of all ages and abilities with some of the most exciting courses in Europe, designed by masters of the art of golf course design and surrounded by prime real estate where the sportsman or woman who wants a residence within easy travelling distance of the first tee-off can also relax in style and watch others aim to improve their game from the privacy of a Marbella terrace with spectacular views.

The Best of Golf in Marbella

Indeed, many of the coast’s most exclusive golf courses are perfectly positioned to provide residents with stunning views. The sloping terrain on which many Marbella villas and apartments are built allow residents an almost 360° view sweeping across the mountain ranges that are a majestic backdrop to the Mediterranean Sea. There are few other places where golfers can enjoy playing day after day in the gentle autumn climate, whilst also taking pleasure in the Andalusian scenery that makes Marbella and its environs a paradise for golfers and non-golfers alike.

Nueva Andalucia, Marbella East and Guadalmina

Nueva Andalucía’s Golf Valley, with its wide, tree-lined avenues and exclusive properties frontline golf villas as well as apartments and townhouses, is a spot where golf and luxury living come together in perfection. The area boasts four golf courses, but without doubt Las Brisas and Los Naranjos Golf are among the most desirable clubs for the discerning golfer. The area offers a well-developed infrastructure of amenities, including some of Marbella’s best restaurants. It is also within easy reach of Puerto Banús and its marina filled with luxury yachts.

To the east of Marbella, Rio Real golf course has been attracting professional and amateur golfers for over five decades and this splendid course designed by Javier Arana, a leading light in golf course design, is considered one of the most prestigious courses in Spain by the Royal Spanish Golf Federation. Frontline golf properties in Marbella East are primarily located within quiet and secure gated communities. The lush greenery of the area’s pine and cork forests ensures an unrivalled sense of closeness to nature whilst still being within a 10-minute drive of the heart of Marbella. Santa Clara Golf, which is located between Rio Real and Elviria, also boasts some beautiful frontline villas and with Santa Maria golf course also in the vicinity, golfers are spoilt for choice in Marbella East.

Situated to the west of Marbella and Nueva Andalucía, Guadalmina is another favourite residential area for golfers. The range of spectacular villas and other frontline golf properties, plus its proximity to San Pedro Alcántara, which boasts a cosmopolitan array of restaurants and family entertainment, makes Guadalmina an excellent residential choice, and its golf course and clubhouse is known for its welcoming atmosphere. The nearby Marbella Club Golf Resort is not only one of the more exclusive clubs, it also lies within a short driving distance of La Zagaleta and its outstanding residences. In addition, golf properties in this area are also well located for enjoying the pleasures of dining out in Benahavís, the culinary heart of the Costa del Sol.

Should you be interested in finding out more about our frontline golf villas, townhouses and apartments, please contact us for a consultation. DM Properties has long experience of the real estate sector in the close vicinity of the best golf courses and we are only too pleased to give you the benefit of our advice.

Marbella looks back on a great summer! Fri, 30 Sep 2016 08:21:16 +0000 Over the past few years Marbella has been able to post year-on-year improvements in tourist numbers since the fall that was precipitated by the onset of the financial crisis in 2008. The latter originally affected the Costa del Sol’s tourist sector with a sharp drop in visits and per capita spend, plunging the industry into crisis, but by 2010 things started looking up. The fact that this was well before the overall economic recovery both locally, nationally and abroad is telling, for by 2012 new records were being set in terms of visitor numbers to the Costa del Sol.

Marbella looks back on a great summer!

This process – aided by the opening of a new state-of-the-art terminal and runway at Málaga international airport – continued in the following years, added to by a gradual increase in per capita spending until the region’s tourist trade was fully back in bloom. By 2015 it was booming again, aiding a strong recovery in the closely aligned Marbella real estate sector, and this year it looks as though the records set the previous year are going to be smashed yet again.

Marbella’s all-time record year for tourism

Indeed, not only did more visitors than ever come to Marbella and the Costa del Sol, but their spend per person continued to grow, making 2016 the best year ever for tourism in the region. The trend was already visible at the beginning of the year, when the traditionally quiet first quarter of the year produced hotel occupation levels not seen before, followed by an Easter season that has gone down in history as the best ever. There is usually a bit of a drop in arrivals after Easter before things pick up again in June, but this year the hotels, resorts and holiday rental properties remained busy right up to the start of the summer season, when things went into overdrive.

Even Brexit could not dampen spirits, as fears of a drop in British tourists never materialised. In fact, they joined the Scandinavians, Dutch, Belgians, French and Germans in coming to Marbella in record numbers, adding to a strong recovery in domestic tourism to this region that has made the summer of 2016 a historically great one. In a market where a strong showing in tourism has traditionally preceded a similar one in real estate, there is every possibility that many of the guests to this beautiful region will want to own a second home here, thus adding further stimulus to the strongly performing Marbella property sector.

For those who wish to know more about the area’s lifestyle and the apartments, penthouses and villas for sale in Marbella, DM Properties / Knight Frank is the professional luxury real estate specialist to speak to. Please contact us for more information on the best Marbella homes for sale and rent.

Marbella villas & apartments in Rio Real Fri, 23 Sep 2016 15:18:52 +0000 The verdant and picturesque valley of Rio Real is not simply one of Marbella’s most sought after addresses today—it would appear to have been a highly desirable place to live for thousands of years.

Apartments in Rio Real Marbella

In fact, there is archaeological evidence that suggests this wooded area was first settled by the Phoenicians, who probably came in search of the minerals found in the hills behind what was to become modern Marbella. The Phoenicians themselves were a precursor to others who were drawn to these parts, from the Romans to present-day visitors and homebuyers.

It is easy to see why this area has been so popular down the years too, with Rio Real’s green valley winding its way down to glorious sandy beaches on the Mediterranean shore. The latter provide an idyllic and tranquil country setting for homes that are just a few minutes’ drive from the bustling heart of Marbella.

Gated apartment complexes in Rio Real

The villas and apartments for sale in Rio Real are typical of Marbella’s high quality real estate that is so attractive to international buyers. Many of the elegant villas and gated apartment complexes overlook the emerald fairways of Rio Real golf club—a mature and well regarded course that is also one of the prettiest on the Costa del Sol.

Facilities nearby include the Trocadero Arena beach club, international schools, shops, restaurants, medical facilities—indeed everything needed for day to day life plus all the facilities required for a luxurious lifestyle.

The neighbouring community of Los Monteros —particularly on the beachside— is just as sought after, if not more so. Homes here are set on large plots, many with magnificent sea views and the most select are located right on the beach frontline. They share the same proximity to the finest amenities of the Costa del Sol enjoyed by properties in Río Real and are just ten minutes distant from the glitzy marina of Puerto Banús, with its fine-dining options, designer-label shopping and café society.

Should you be interested in finding out more about these exclusive parts of Marbella, please contact us for a consultation. DM Properties has long experience of the real estate sector in the resort town and we are only too pleased to give you the benefit of our advice.

Nueva Andalucía golf villa lifestyle Thu, 15 Sep 2016 10:36:10 +0000 One of Marbella’s most iconic residential suburbs, Nueva Andalucía is known as a stylish area set within a lush, broad valley dominated by peaceful, leafy villa areas dissected by the verdant fairways of some of Europe’s finest golf courses. With a total of four golf clubs within its confines – Los Naranjos, Las Brisas, Aloha and Dama de Noche – it is not surprising that the area is also known as the Golf Valley, an area at the heart of the continent’s greatest concentration of quality golf.

Contemporary Elegance, Villa for sale in Nueva Andalucia

As a result, golf is part of life here and the beautiful greenery of the courses a permanent backdrop that merges with blue skies and mountain scenery. A very large proportion of the apartments, townhouses and villas for sale in Nueva Andalucía enjoy frontline golf views, often across an entire section of valley framed by La Concha Mountain in the background. All of this adds to the quality of life in Nueva Andalucía, a factor further enhanced by the peace and tranquillity that make it a favourite with families.

Peace and privacy

With two renowned international schools, sports clubs and also shops, cafés and a growing reputation for fine dining, Nueva Andalucía properties are particularly well suited to golfers, families and even those who enjoy the life and amenities of nearby Puerto Banús – just five minutes away by car – yet wish to live in a peaceful, private area surrounded by space, nature and lovely views.

Many of the villas for sale in Nueva Andalucía reflect this lifestyle, offering a wide range of sizes, orientations and architectural styles but a consistently high level of refinement and top quality features. The latter includes sizeable homes on generous landscaped plots, multi-car garages, elegant living areas, top range kitchens and bedroom suites topped by master bedrooms with dressing rooms and exquisite marble bathrooms.

Sliding doors open up to reveal spacious covered terraces overlooking beautiful subtropical gardens and large infinity pools, often with an outdoor dining and entertainment area. Inside many a Nueva Andalucía villa includes a wine cellar, gym, home cinema and games room, and a heated indoor swimming pool.

Frontline golf properties close to Puerto Banús

All of this is located much closer to Puerto Banús, Marbella town and the beaches of this region than one would imagine, while the area in between Nueva Andalucía and the marina also features the Centro Plaza commercial centre, the casino and the spa of the H10 Andalucía Plaza hotel – amenities that add to the growing list of facilities found within the Golf Valley itself. It is this variety, set within a tranquil residential zone bordering open natural areas, that makes villas, penthouses and apartments in Nueva Andalucía such a popular proposition.

We have a wide selection of apartments, townhouses and villas in Nueva Andalucía. Contact us for more information.

DM Properties | Knight Frank expands into new Marbella office Thu, 08 Sep 2016 14:01:55 +0000 Exciting times as DM Properties | Knight Frank moves into new Fuente Aloha offices in Nueva Andalucía in mid-September.

Diana Morales Properties | Knight Frank expands into new Marbella office

One of the longest established and most highly respected Marbella luxury real estate specialists, Diana Morales Properties | Knight Frank is expanding. Having incorporated Vantage, a locally based agency, we will be extending our presence into Nueva Andalucía, where we have taken over the Fuente Aloha offices.

It is from here that our team, joined by former Vantage director María Gómez, will service clients in this important part of Marbella, which with its Golf Valley and luxury residential areas is one of the mainstays of the region’s real estate market. “I’m looking forward to joining the DM Properties | Knight Frank team and representing its famous brand,” said María Gómez.

Steady growth in Nueva Andalucía

The move, which comes at a time of sustainable growth in the Marbella luxury real estate market, reflects DM Properties | Knight Frank’s expansion and confirms its leading position here. “These are exciting times,” said company director Pia Arrieta as she oversees the fitting out of the new Fuente Aloha office, which will now carry the DM Properties | Knight Frank brand and work in conjunction with the main office on Marbella’s Golden Mile.

“We’re very pleased to add the detailed knowledge of María to our own market expertise and welcome her into the team,” said Pia.

Building on a solid reputation

With over 30 years in Marbella’s luxury real estate segment, DM Properties | Knight Frank is building on a singularly enviable reputation in the area – one in which results and efficiency are matched by respect for the way it produces them. The new move will enable the company to further extend its reach within its home market, adding this growing presence to a highly effective global network that makes it a prime international Knight Frank agency.

Opening date will be confirmed soon and we welcome our clients, colleagues and potential homebuyers and vendors to visit us at the new offices in Fuente Aloha, Nueva Andalucía. Coffee and expert advice with a smile will be waiting for you!

Record breaking tourism figures for Spain Wed, 31 Aug 2016 09:44:40 +0000 Spain welcomed 33 million tourists to its shores in the first six months of the year, leading to forecasts from travel company Exceltur that 74 million foreigners will have visited the country by the end of the year.

Record breaking tourism figures for Spain

This would far surpass last year’s total of 68 million, which in itself was a high watermark figure and the third record-breaking year in a row. Not only are visitor numbers up, but they are spending an average 7.8% a head more too, bringing an added boost to the Spanish economy.

By numbers, the most important nationalities visiting Spain were Britons, Scandinavians and Germans, with a significant increase in French expected as well.

On a regional level, an article in respected Spanish newspaper El Mundo revealed that more than half of foreign travellers to Andalucía had Málaga province—and particularly coastal resorts such as Marbella, Fuengirola and Torremolinos—as their destination in the first half of the year.

In June alone some 2,047,650 overnight stays were recorded in Málaga province’s tourist accommodation, with 76.4% of them being by foreigners. Hotel occupancy was reported as 70.2% for the month—two points better than the previous June. This continued the trend seen since Easter, when many of Marbella’s five-star hotels put out the ‘No Vacancies’ signs as rooms filled up.

Head of the Costa del Sol Tourism Board, Elías Bendodo said: “This weight of international tourism is made possible by the superb connectivity of the region. We have an airport that connects us to Europe and almost anywhere in the world.” He added that once travellers arrive “it is essential to continue to maintain an attractive tourist offer and persuade visitors to come back time and time again. We work on this every day.”

This attitude is something that we see in Marbella both from local businesses and the Town Council. Owners and management of five-star resorts such as the Puente Romano and Marbella Club, as well as restaurants and leisure services, have a keen understanding of the demands of international visitors and work hard to ensure standards are maintained to a high level.

Marbella Council too has been investing significant sums of money in ensuring the infrastructure of roads, beaches and parks is maintained to a high level.

In effect it is a private/public partnership, which ensures Marbella keeps its place as a destination that attracts people from all around the world.

If you would like to take advantage of the high standard of living in Marbella, whether permanently or by purchasing a holiday home, please contact us. DM Properties has a fine selection of premium villas and apartments for sale in Marbella.

Foreign investment in Marbella and Spain’s Luxury Villas on the rise Fri, 26 Aug 2016 09:46:29 +0000 Foreign investment is helping bring the economically important construction industry in Spain back to life with funds spent on building new homes last year reaching more than 80 times the levels seen in 2014 according to a report by Reuters—a trend reflected in the luxury villas and apartments sector of Marbella.

Foreign investment in Marbella and Spain's Luxury Villas on the rise

Global investors have been casting around for good investment opportunities, and last year they recognised that Spain—and particularly Madrid, Barcelona and high end coastal resorts such as Marbella—provide just that, with an affluent client base and pent up demand from previous years being released as the Spanish economy improves.

Although construction activity is still well below the peak of 2007, the levels being observed now are seen by property professionals as being at a much more sustainable level and less vulnerable to a ‘boom and bust’ cycle, as more caution is being displayed in both the quality and location of new residential units.

Demand is for luxury villas and apartments in Marbella

When the property market in Spain ground to a halt in 2008 a large number of apartments were left unsold—many because they were either of poor quality or in out of the way isolated locations—and in some disastrous cases both. This was never a real problem in Marbella, where developers have long recognised that the premium buyer the town attracts demands a well-built home in a prime location. Indeed, earlier this year a report from a consortium of real estate professionals stated that Marbella had run out of housing stock—particularly at the high end of the sector—and more new build projects were desperately needed. Now developers have learned the lesson offered by Marbella, and promoters across Spain are focusing on luxury apartments and villas.

Locally, investment companies have not been slow to react, with several projects worth hundreds of millions of euros being announced for Marbella and the surrounding areas by Asian, Middle Eastern, European and American companies. Across Spain as a whole, in 2015 construction and property accounted for a third of the €22 billion inward investment from foreign sources according to the Ministry for the Economy. Speaking to Reuters, Knight Frank partner Ernesto Tarazona said: “The market has fired up precisely because players have come from overseas. There are some local investors left, but not many.”

This is the pattern DM Properties has seen in Marbella and other high-end locations such as La Zagaleta, where the luxury villas for sale are being snapped up, often by buyers from such countries as Saudi Arabia, Sweden, Norway, Germany, Belgium and Britain, while the Russians are returning to the resort’s real estate market after a short hiatus due to a weak Ruble, according to a report by Property Consultant Barbara Wood.

Should you be looking for an investment property in a prime residential zone of Marbella, please contact us, we have a fine selection of villas and apartments for sale in the area.

More positive news for Spain’s Property Market Fri, 19 Aug 2016 07:20:45 +0000 As Marbella’s leading real estate agency, DM Properties is interested to see official data confirming that Spain’s property market is on an upward trend with the news that the first quarter of 2016 showed the biggest year-on-year increase in housing prices since 2007.

Marbella Club Golf Resort, Commanding Views from Hilltop Position

According to the European Commission’s statistical office, Eurostat, homes cost an average of 6.3% more in Q1 of this year than during the same period of 2015, making it eight consecutive quarters of year-on-year increases following six years of declines across Spain as a whole. Locally, the recovery started earlier in Marbella and proceeded at a faster pace than in the rest of the country.

In Spain overall the price of housing rose 1.4% over Q4 of 2015, continuing a trend of steady gains seen throughout last year. It would also appear that concerns over the UK’s referendum on EU membership did not hinder the market either here or in Britain—which saw a year-on-year increase in property prices of 8% during the first quarter. We will have to wait a little longer to see if there is an immediate effect now a Brexit vote has been confirmed.

Among EU member countries only Italy and Cyprus, both with declines of 1.2%, saw a year-on-year fall, although figures for Greece have not been made available yet. Overall the Eurozone real estate market is on the rise, with a 3% increase registered in Q1 year-on-year—its highest figure since 2008—and in the EU as a whole that figure was 4%, or 0.7% compared to the previous three months.

While Spain has been showing sustainable growth, there is some concern that other countries may be overheating. Hungary saw a 15.2% increase in Q1 over the same period of 2015, prices were up 13.4% in Austria and 12.6% in Sweden. This last figure is of particular interest to Marbella as the Scandinavian market in general is of increasing importance to the resort town. It can be expected that higher prices in Sweden, Norway (+5%) and Denmark (+5%) can translate into greater demand for property on the Costa del Sol from asset rich Scandinavians looking for value.

These independent figures from Eurostat are encouraging news and confirm statistics from a variety of sources that have all pointed to a sustained recovery in the Spanish property market. Should you be interested in investing in a villa or apartment in Marbella please contact us—we have a fine selection of quality investment opportunities available.

Marbella Real Estate sector set to rise above Brexit fears Fri, 12 Aug 2016 12:44:40 +0000 The rise of the Middle Eastern buyer in Marbella’s exclusive property sector looks likely to mitigate against any Brexit dampening effect in a market that has been making steady gains over the past few years.

Marbella Real Estate sector set to rise above Brexit fears

According to the latest Knight Frank Spain Inside View Report there has been a 164% increase in searches for Marbella property from Middle Eastern web users between 2014 and 2015. This can be viewed as part of one of the key trends identified by the report’s authors—the increasing prominence of non-EU buyers within the Spanish real estate sector as a whole. The other main theme is the importance of properties within the €1 million to €3 million price range as the most fluid segment of the market.

When it comes to foreign buyers the percentage of non-EU nationals increased from 31% in 2013 to 40% today and, while UK citizens are still the single biggest group at 22% that is down from 24% in the same time period.

Modern villas for sale on Marbella’s Golden Mile

In the report, Knight Frank’s Kate Everett-Allen pointed out that newly-built modern villas in good locations—for example beachfront properties along the Golden Mile and gated communities such as Sierra Blanca, Camoján and La Zagaleta—are continuing to outperform the wider market. She said: “In Marbella, Northern European, British and Russian buyers dominate demand. The market turned in 2012 and prices are rising. Northern Europeans are fuelling sales of €10million plus properties in prime areas such as the Golden Mile’s beachfront and La Zagaleta. There is also healthy demand between the two extremes for modern, ideally newly-built, villas or apartments on small gated communities. Off-plan investment is also proving popular again—a way for buyers to get the high-quality, high-tech new home they want and to finance it through stage payments.”

Add in increased interest from the Middle East, Spain’s rapidly improving economy—GDP growth is forecast at 2.6%—and ultra-loose monetary policy by the European Central Bank improving liquidity, and it can be seen that the future looks bright for Marbella’s real estate sector.

Despite this, DM Properties acknowledges that towards the budget to medium end of the market uncertainty caused by Brexit may have a dampening effect, particularly with a weakening of the pound. Pia Arrieta of DMP commented: “That not withstanding, with our 30 years’ experience of selling multi-million euro properties we feel that this sector may actually benefit from Brexit. There are a number of reasons for this—one is the prospect of ultra-high-net-worth individuals looking away from London for investment opportunities. Marbella is well placed to take advantage of any capital flight—it has the premium properties such buyers seek out, infrastructure is good, prices are rising and the leisure facilities are of the quality demanded by such investors. On top of that, as part of the Schengen agreement non-dom residents can take advantage of free travel throughout most of Europe, and the Golden Visa may prove attractive to non-EU nationals seeking residency rights.”

Pia added: “Prices of Marbella homes —even at the top end of the bracket—remain competitive on a global basis, while we have also seen the Euro lose value against the dollar. For international buyers who traditionally view dollars as the de facto currency, that has made Marbella real estate even better value.”

Should you be interested in investing in a quality Marbella villa, penthouse or apartment, please contact DM Properties for a consultation.

Marbella, a preferred destination for Arab property buyers Tue, 09 Aug 2016 07:18:21 +0000 The importance of the Arabian nations to Marbella’s economy cannot be understated and this seems set to continue with the news that enquiries from such places as the UAE and Saudi Arabia have risen by 164% in recent months, according to DM Properties’ partner agency Knight Frank.

Gulf exposure for Marbella

Now the appeal of the resort town as a luxury destination has been given a welcome boost by an article in the influential Gulf News that extolls the virtues of Marbella and reminds potential buyers of just why the Costa del Sol town is such an alluring proposition to Arab buyers seeking a villa or apartment in Europe.

Written by Knight Frank Associate Partner Victoria Garrett, it details the history of how Marbella first became a favourite with property purchasers from the Gulf States particularly—tracing the boom back to the Saudi royal family’s love affair with the town. Initially they took suites in such establishments as the Marbella Club, but that was to change when King Fahd had a magnificent palace complex, complete with lavish park, mosque and sports centre, built on the Golden Mile in the 1980s.

Gulf exposure for Marbella

This was the signal for wealthy Middle Eastern buyers to also move out of their hotel suites and invest in their own opulent villas, with the Golden Mile being the most sought after address—and it remains the most exclusive location to this day.

Explaining the draw of Marbella to Gulf nation citizens, Victoria Garrett said the year-round temperate climate and the plethora of luxury facilities are high up the list, but perhaps as important is the welcome Arabs receive in the town. They feel at home here, partly because of the Arabic influence on the architecture, cuisine and historical monuments of Andalucía as a whole.

For those desiring an apartment, Marbella also offers an excellent selection, says Ms Garrett. She added: “Security and services are also important, especially in the form of luxury apartment complexes with manned security, concierge and in situ spa, gym and swimming pools. In terms of architecture the younger generation of entrepreneurs and professionals are keen on sleek modern styles that are in vogue, while somewhat older buyers—often government officials and diplomats— still prefer more classical homes with Mediterranean and Arabian design features that include shaded areas, cooling patios and shuttered windows.”

The architects and developers on the Costa del Sol have never been slow to react to changing trends and so the Marbella property sector can cater for any needs a buyer may have. DM Properties has many years’ experience of the high-end property market in Marbella and can help potential buyers source villas and apartments of the highest quality, whether on the Golden Mile or in equally desirable locations such as Puerto Banús, Sierra Blanca and Club de Campo La Zagaleta. Please contact us and we can discuss your requirements.