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The football season is over, and it seems that many of Europe´s top stars are jetting off to the sun to relax and unwind.
The hotspot this year seems to be the Costa del Sol.
First to be spotted this week was Tottenham Hotspur manager, Harry Redknapp, enjoying a coffee outside well-known eaterie Da Bruno on Marbella´s main street, before enjoying the festivities of the town´s week-long feria. Harry was deep in conversation on his mobile, often with a hand over his mouth – maybe he was negotiating the signing of a big-name player…..or trying to flog a few of his own!
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I´ve been renting a property on the Costa del Sol for the last 6 months, having sold my lovely apartment in Rio Real in the 2nd half of 2008. Bearing in mind that I sold my place as the recession started to take hold, I was pretty chuffed that I managed to get the full asking price at the time, albeit I had to include all the furniture as part of the deal. The Spanish buyer had looked at over 40 properties in Marbella, and apparently fell in love with my place and didn´t want to change a thing.
So here we are in April 2009, we are at (or close to) the bottom of the Spanish property market, there are bargains galore, I have cash in the bank, I´m fed up of living in someone else´s apartment, so I´m ready…….ready to invest again in Spain.
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After much recent coverage of The Polo House, James Hewitt´s new venture in the Spanish and UK media, I took a trip to see what all the fuss was about on Saturday night.
Hewitt, the former lover of Diana the Princess of Wales and often considered a bit of a rascal, has just opened a lavish restaurant/bar on Marbella´s famous Golden Mile. The venue is beautifully decorated and furnished, in keeping with its polo theme – lots of polished wood and subtle reminders that you could be in a gentleman´s club in Knightsbridge.
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Marbella and Puerto Banus have taken a bit of a battering lately – and I´m not just talking about the weather! Everybody seems to have had an opinion about the place…myself included!
It´s been a difficult winter here in Spain – the weather of course hasn’t helped, but as one of Europe´s leading real estate and tourist destinations, Marbella and Puerto Banus have suffered more than most from the devastating effects of the credit crunch, the global recession, and the reduced spending power of the Brits, its core target market. As previously reported here, expats have been going back to their homelands while businesses and those of us brave enough to remain have been feeling the pinch. Continue reading »
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When I emigrated to the Costa del Sol in 2001, Marbella and the surrounding areas was a very different place to the one that has grown up around me during the recent property boom.
I firstly settled in a lovely apartment in Elviria, perched on a hillside with the most incredible views of the Mediterranean. In front of me was open countryside where I would often walk, with the scent of pine trees drifting on the breeze. Sounds heavenly? It was.
