One of the most enduringly popular icons of Marbella is Puerto Banús, the luxurious marina that evokes the classic glamour and appeal of Marbella. Set by the sea and long, sandy beaches, midway between Marbella town and San Pedro Alcántara, it is in many ways the beating heart of Marbella, and for that reason a bright focal point of the Costa del Sol.
Marbella is one of the key spots in the world that is perfect for a glamorous, jet-set lifestyle. You might even say that it is designed around offering this way of life, and this fact has attracted high net worth people from around the world to create an exciting, cosmopolitan environment.
With the broad offer of properties and areas available in and around Marbella, it can sometimes be a little overwhelming to narrow down the selection and create a viable shortlist of properties to focus on and visit in person.
With so much attention on Marbella and its immediate surroundings, one can sometimes forget that there are some excellent alternatives on either side of this glamorous resort town. Estepona is a prime example right now, an upcoming town with an inspirational mayor, José María García Urbano, who has invested in renovating the charming historic town centre, upgrading infrastructure, introducing public art, inaugurating parks and green zones, as well as new sports facilities, attractions and a brand new hospital for the area.
In an article published in the famed British newspaper, the Financial Times, Málaga was distinguished as a ‘first class’ tourist destination, placing it among the international elite of global travel spots. Particularly appreciated and highlighted was the transformation the historic city has undergone in the past 15 years, as it evolved from a somewhat forgotten Mediterranean port city to a true cultural gem full of parks, historic buildings, architecture, medieval fortresses, Roman ruins and also beaches, excellent cuisine, shopping and museums of international standing.
Like many parts of the world, the Costa del Sol has lived through its fair share of booms, crisis and recessions. Most were of a purely economic nature, but the latest Covid-19 experience is something altogether different—so what will its impact on the Marbella property market be?