The E-MAGAZINE of Marbella Hills Homes

Thanks to a new tax revision currently under process, Andalucía’s regional government – the Junta de Andalucía – has reduced property taxes for the duration of 2021. This means that people buying a property in Andalucía until December 31st 2021 will save between a few thousand and up to hundreds of thousands of euros on purchasing fees and costs.

You’ve heard of Marbella’s Golden Mile, maybe even driven along this palm-fringed avenue flanked by parks, luxurious resorts and exclusive villa suburbs. If so, you’ll be familiar with the elegant boutiques and eateries of this area between Marbella town and the Puerto Banús marina, with at its epicentre the iconic five-star deluxe hotels of Puente Romano and the Marbella Club. If you’ve treated yourself, you may well have dined, shopped or even stayed here, luxuriating in the refined atmosphere as you soak up the sun at the seaside beach club or El Chiringuito bar.

With obstacles such as Brexit and above all the Covid-pandemic, which has severely limited international mobility, one might well have assumed that the number of foreign residents in Spain would not have experienced much movement. It turns out that the opposite is true, as it rose by 2% in 2020, a figure that is in line with ‘normal’ years.

Amid the many international schools that are English-language or bilingual, for many years the German and French speaking parts of the world were represented by the Deutsche Schule in La Mairena and the Lycée Française in Málaga respectively. Now, in response to the growing number of French speakers who are making the Costa del Sol their home, a new French international school is opening in Marbella this year.

Those who are familiar with Marbella may not have been to or even heard of Ojén, but people who know the Costa del Sol well will almost certainly recognise this charming country village set in a broad valley not more than five minutes’ drive from downtown Marbella.

If you think people are no longer looking for property to buy in Marbella because of the Covid-19 situation, you’re wrong. In fact, sales are remarkably resilient and this is because a lot of people are seeing the Costa del Sol as both a good region for real estate investment…