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One of Marbella´s leading estate agents, Panorama, has this week reported the start of a recovery in the Marbella property market.
Major agents in Marbella reported a spurt of activity in April, May and June, with properties selling in all price categories.
Of course, although confidence may be returning to the market after buyers were ´frozen with fear´ earlier in the year, most are still after a bargain property in Marbella.
bargain property costa del sol costa del sol estate agents costa del sol property discounted property marbella marbella property 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.
