There are already good reasons to cheer as September saw the highest level in Spanish property sales for four years especially the sector of property for sale in costa del sol Spain – up 14% on a monthly basis, according to the National Institute of Statistics as the appetite for Costa del Sol properties continues its positive influence on the market.
This hasn´t escaped the eye of American business magnate Warren Buffett who´s rallied other “Wall Street gurus” to set up an investment company dealing specifically in the Spanish property sector. All types of rustic and urban fincas come within Buffett´s plans, including “the promotion and construction of all types of buildings; their rehabilitation; sale or non-financial leasing; and all kinds of public and private works.”
At local level Paradise Marbella Realty confirm this scenario having received enquiries regarding a number of investment opportunities.
“When talking about Marbella, there is a general sense in the market that things are getting better and it is true. There are more transactions going on. The stock of properties for sale or inventory is increasing, so it will still push prices down or maintain them on the stable levels we are seeing lately,” says one local analyst.
Property investors with a taste for fine dining have another reason to choose Marbella. Four local chefs celebrate Marbella´s place in the prestigious Michelin Guide 2015, as mayor Ángeles Muñoz toasted the gastronomic accolade during its gala launch at Marbella´s 5 Star Hotel Los Monteros last night.
Quality, style and originality don´t form a better promotional package than the combined creative cooking skills of Dani García from Restaurante Dani with his High-End liberating menus; José Carlos García from Restaurante José Carlos García for the best dining in Málaga Port; Diego del Río from El Lago at the vanguard in Elviria Hills; and Jaume Puigdengolas from Restaurant Skina in the heart of Marbella Old Town.
These Kings of the Kitchen are local Ambassadors in their own right, united under one roof to mark a turning point in Marbella´s culinary history – eternally imprinted in the memory of every cooking connoisseur around the globe with its own dedicated Michelin Guide entry.
Spain has 171 Michelin Star restaurants this year, eight with 3 Stars, 19 with 2 and 144 with 1. The full 2015 list has been awaited with bated breath while Marbella´s Messina restaurant is already in the line-up for the 2 Star category in 2016.