Puerto Banus is one of the most coveted, but also the most expensive neighborhoods in Marbella. The district was developed by two architects, including the designer of the city of Beverly Hills. Today it shelters sumptuous marina and luxury apartment.
Moreover, it is the largest commercial area in Spain, there are plenty of luxury shops and restaurants.
Puerto Banus is also a popular place to see yachts and luxury cars.
The luxury property market on the Costa Del Sol is constantly evolving. This significantly supports the local economy and also allows the development of new jobs. Even if the market has been impacted by the political instability of the country, it has managed to rebound thanks to the GDP growth of the inhabitants, the decrease in unemployment, but also thanks to favorable interest rates for investments.
The Costa Del Sol is therefore at the beginning of a promising renewal.
Andalusia, and more particularly the Costa Del Sol region, attracts many foreign investors. Among them, the United Kingdom is in first position (26%), followed in second position by Sweden (11%) and Belgium (8%).
It is therefore mostly investors from Europe who appreciate this region.