Marbella Real Estate Market Report 2009

After the first quarter of 2009 the real estates market in Marbella recovered strongly and demand for prime real estate throughout all price segments rose and consolidated towards the end of the year
By: Smadar Kahana, Managing Director
 
Dec. 28, 2009 - PRLog -- Engel & Völkers has seen economic and geographic growth worldwide in 2009, taking a firm foot away from the present economic crisis. Locally, as expected, demand fell compared to previous years, however interest in the luxury end intensified, and discerning buyers are adamant on real value and no ‘grey areas’, in turn serious vendors have settled on realistic prices.
After the first quarter of 2009 the real estates market in Marbella recovered strongly and demand for prime real estate throughout all price segments rose and consolidated towards the end of the year. Once again Marbella has proved its worth as an exceptional investment area even and especially during difficult times, deserving of the buyer confidence reflected in sales completed this year. The excellent climate, good infrastructure and fast commutability to and from all major European cities means Marbella firmly stays in first position as holiday and second home destination in Europe.

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Engel & Völkers is one of the world's leading real estate agency specialising in the sales of exclusive properties. With 3 offices in Marbella, Engel & Völkers is offering the most exclusive selection of Properties for sale in Marbella
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