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I haven´t got a clue what the figures show (in any event we normally have to wait about 2 years to find out!), but from anecdotal evidence alone, I am convinced that the Costa del Sol property market is showing signs of recovery.

Like most areas of the world, here in Marbella we saw a painful 2nd half to 2008 as the credit crunch gripped the markets in a vice and buyers were reluctant to invest. The last 6 months have seen several rounds of aggressive price-cutting by property vendors, and sales prices are now down to pre-boom levels in some places.

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