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Although the Spanish property market has been through turbulent times recently, the two things that buyers always look for is QUALITY and LOCATION.
Certainly, for those seeking to purchase luxury villas along the Costa del Sol, one of the buyer´s key criteria is normally SECURITY. Unless you are prepared to employ your very own security guard around the clock, the choice is limited to a handful of quality urbanisations that offer discerning buyers those all-important features of PRIVACY and SECURITY.
We are working in a market where the buyer is faced with lots of choice – almost too much! Therefore, that buyer can afford to be picky. Yet, every day we encounter vendors who simply cannot understand why their Spanish property isn´t being snapped up, despite numerous viewings.
The easiest way to tackle this issue is to imagine yourself as a buyer.
Most of us decide within the first 10 seconds if a property is right for us, so first impressions are SO important.
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Many of our clients have been asking us about the availability of properties that have been repossessed by the banks in Spain.
Apparently, there have been lots of ´lists´ of repossessions doing the rounds of estate agents, particularly in the Costa del Sol, with details of seemingly incredible deals, such as villas valued at 2 million euros, now available for 500,000 euros.
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If you are looking for a year-round destination that is easily accessible within 3 hours of the UK, offering sun, sea and that sultry Mediterranean lifestyle, then the Costa del Sol is probably already at the top of your list.
What´s more, for those ´fashionistas´ amongst you, Puerto Banus, the jewel in the Costa del Sol´s crown, is now undoubtedly the fashion and designer shopping ´mecca´ of the Mediterranean. Already home to several of the world´s top designers, the last 18 months has seen an influx of more of the world´s top brands, and Puerto Banus is now home to over 25 designer boutiques, offering a range of fashion and accessories for men and women.
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If you happen to be in Marbella this week, you will probably already have seen the spectacular sight of what looks like a cruise liner, anchored off the Mediterranean coast. This is in fact the ´Prince Abdulaziz´, one of the largest motor yachts in the world.
With a length of 147 metres and a cruising speed of 22 knots, the yacht was built in 1984 at a cost of 184 million dollars, with features including pools, hospital, cinema, helicopter with landing pad, underwater detection system, and even a small mosque. Belonging to the Saudi royal family, the yacht was launched as ´Abdul Aziz´, but renamed later by the late King Fahd for his son.
