CONTENTS: INTRODUCTION - ESTEPONA, COSTA DEL SOL - MARBELLA, COSTA DEL SOL - FUENGIROLA, COSTA DEL SOL - MIJAS - BENALMADENA - TORREMOLINOS, COSTA DEL SOL - MALAGA, COSTA DEL SOL - NERJA, COSTA DEL SOL - BARCELONA, COSTA BRAVA - BLANES, COSTA BRAVA - LLORET DE MAR, COSTA BRAVA - TOSSA DE MAR, COSTA BRAVA - ALMERIA, COSTA DE ALMERIA - ROQUETAS DE MAR, COSTA DE ALMERIA - SALOU, COSTA DORADA - MIAMI PLAYA, COSTA DORADA - CADIZ, COSTA DE LA LUZ - ISLANTILLA, COSTA DE LA LUZ - A CORUNA, GALICIA - SANTANDER, CANTABRIA - SAN SEBASTIAN, BASQUE COUNTRY - JAVEA, COSTA BLANCA - GANDIA, COSTA BLANCA - BENIDORM, COSTA BLANCA - ALICANTE, COSTA BLANCA - TORREVIEJA, COSTA BLANCA - LA MANGA, COSTA BLANCA - ORIHUELA COSTA, COSTA BLANCA - PALMA, MAJORCA - MAGALUF, MAJORCA - ALCUDIA, MAJORCA - MAHON, MENORCA - LOS DELFINES, MENORCA - IBIZA TOWN, IBIZA - SAN ANTONIO, IBIZA - PLAYA D’EN BOSSA, IBIZA - PLAYA DE LAS AMERICAS, TENERIFE - PUERTO DE LA CRUZ, TENERIFE - LOS GIGANTES, TENERIFE - LOS CRISTIANOS, TENERIFE - COSTA DEL SILENCIO, TENERIFE - CALETA DE FUSTE, FUERTEVENTURA - LAS PALMAS, GRAN CANARIA - PLAYA DEL INGLES, GRAN CANARIA - PUERTO DEL CARMEN, LANZAROTE - PLAYA BLANCA, LANZAROTE - LA PALMA, CANARY ISLANDS - LA GOMERA, CANARY ISLANDS - GRANADA, ANDALUSIA - VALENCIA -
| Area: | MARBELLA, COSTA DEL SOL | |||||||||||||||||||||
| Investor Profile: | Retirement, Worker, Holiday, Business | |||||||||||||||||||||
| Category: | A | |||||||||||||||||||||
| Population:
| Total | British | ||||||||||||||||||||
| 110,000 | 14,000 | |||||||||||||||||||||
| Climate: | Hours of Sunshine Per Day in Summer | Days of Rain Per Year | Average Spring Air Temp. | Average Summer Air Temp. | Average Autumn Air Temp. | Average Winter Air Temp. | Average Water Temp. | |||||||||||||||
| 11 | 45 | 21 | 28 | 24 | 16 | 20 | ||||||||||||||||
| Proximity to: | Airport | Beach | Nearest City | |||||||||||||||||||
| 29 miles (Malaga) | 0.25 miles | 32 miles (Malaga) | ||||||||||||||||||||
| Educational facilities: | No. of Universities | No. of International Schools | No. of Private Schools | |||||||||||||||||||
| 0 | 8 | 19 | ||||||||||||||||||||
| Health services: | No. of Public Hospitals | No. of Private Hospitals | No. of Private Clinics | |||||||||||||||||||
| 1 | 2 | 16 | ||||||||||||||||||||
| Shopping: | No. of Shopping Centres | No. of Markets | ||||||||||||||||||||
| 10 | 2 | |||||||||||||||||||||
| Restaurants and bars: | Huge variety including Lebanese, Moroccan, French, Japanese, Greek, Russian and Thai. Also beach restaurants and tea rooms. | |||||||||||||||||||||
| Sports and leisure facilities: | Several public sports centres and many private sport centres including tennis clubs and a sailing club in the port. Variety of sports available including diving, horse riding, golf, hunting, skiing (Sierra Nevada) and nautical sports. 10 golf courses in area. 6 nightclubs in Marbella itself, 1 in Nueva Andalucia and 7 in Puerto Banus. Cinemas, theatres, exhibition halls and museums. Also theme parks, water parks and bull fighting rings. | |||||||||||||||||||||
| Transport: | Public Transport | Roads | ||||||||||||||||||||
| Bus services every 45 minutes (Mon-Fri) to Malaga. Also services to Madrid, Granada, Seville, Almeria and rest of Costa del Sol including Malaga airport. | A-7 bypass to the north. N-340 around the city centre. | |||||||||||||||||||||
| Crime rate: | Low | |||||||||||||||||||||
| Main types of employment | Mainly tourist and service sectors, particularly in the property market. | |||||||||||||||||||||
| Future plans: | Restricted. | |||||||||||||||||||||
| Yield range | 8.6% -10.0% | |||||||||||||||||||||
| Type of property | Entry Price | Rent- School Holiday Peak | Rent- Peak | Rent- Off Peak | Average Annual Yield | |||||||||||||||||
| 2 bed apartment | 204000 | 899 | 719 | 432 | 10.0% | |||||||||||||||||
| 3 bed apartment | 255000 | 1079 | 863 | 518 | 9.6% | |||||||||||||||||
| 3 bed townhouse | 382500 | 1438 | 1151 | 690 | 8.6% | |||||||||||||||||
| Villa | 448800 | 1888 | 1510 | 906 | 9.6% | |||||||||||||||||
| Demand for letting | School Holiday Peak | Peak | Off peak | |||||||||||||||||||
| High | Medium | Medium | ||||||||||||||||||||
| Finance and leisure scores: | Total (out of 10) | Financial (out of 5) | Leisure (out of 5) | |||||||||||||||||||
| 9 | 4 | 5 | ||||||||||||||||||||
| Flights scheduled from: | Gatwick, Heathrow, London City, Luton, Stansted, Bristol, Cardiff, Exeter, Newquay, Plymouth, Bournemouth, Southampton, Birmingham, East Midlands, Humberside, Newcastle, Teesside, Blackpool, Isle of Man, Liverpool, Manchester, Aberdeen, Edinburgh, Glasgow, Inverness, Belfast City, Belfast International, Derry, Cork, Dublin, Guernsey, Jersey, Norwich, Leeds/Bradford | |||||||||||||||||||||
| Typical cost of flights: | School Holiday Peak | Peak | Off Peak | |||||||||||||||||||
| £201-320 | £149-237 | £112-178 | ||||||||||||||||||||
| Operators: | Monarch, Swiss International, BA, Air France, Excel Airways, Futura, Thomas Cook, Astraeus, Air 2000, My Travel, Easyjet | |||||||||||||||||||||
| Description: | Marbella is located beneath the Sierra Blanca mountain range and is divided into two main parts- the old town, surrounded by Moorish fortress walls and characterised by narrow streets, and the new town, characterised by wide tree-lined avenues and high-rise blocks. Exclusive developments such as Hacienda Las Chapas, Los Monteros, El Rosario, Nagueles (‘Golden Mile’) and Nueva Andalucia surround the town and are made up of mostly luxurious mansions. I would consider this part to be the best part of Costa del Sol. To the west of Marbella lies the famous leisure marina Puerto Banus where anyone who’s anyone can be found. The beach stretch of Marbella is massive, totalling 26 km, so you’ll have no trouble finding a suitable sun bathing spot. In the centre of the old town there is the Orange Square where there are stately buildings, small shops, art galleries, bars and bistros to keep you busy. Even though the property prices are high so are the rents. Yields are around 9% which is quite respectable compared to what you can get in the UK. You will never be short of a tenant as long as your property is up to scratch. People of this area expect a lot and if they get it they’ll pay well for it! | |||||||||||||||||||||
| Hot Website: | http://www.marbella.com/eng/ | |||||||||||||||||||||
| Estate Agents: | Name | Address | Tel | Web | ||||||||||||||||||
| Agencia Inmobiliaria Panorama | Boulevard Principe Alfonso de Hohenlohe 29600 Marbella | 0034 902 11 11 14 – Fax: 0034 952 82 21 11 | http://www.panorama.es/ E-mail: info@panorama.es | |||||||||||||||||||
| Anna and Ivar Dahl, Real Estate | Urb. Marbellamar, Loc.1-C 29600 Marbella | 0034 952 76 50 45 – Fax: 0034 952 77 68 16 | http://www.ivardahl.com/ E-mail: realestate@ivardahl.com | |||||||||||||||||||
| James Molina, S.L. | Arturo Rubinstein 29600 Marbella | 0034 952 86 88 58 – Fax: 0034 952 86 83 14 | http://www.jamesmolina.com/ E-mail: jamesmolina@wanadoo.es | |||||||||||||||||||
| Tessa Group | C. / Jacinto Benavente,37 29600 Marbella (Málaga) | 0034 952 868827 – Mobile: 0034 699 060646 | http://www.pgb.es/tessagroup/iventas.html E-mail: tessagroup@terra.es | |||||||||||||||||||
| Letting Agents: | Name | Address | Tel | Web | ||||||||||||||||||
| Agencia Inmobiliaria Panorama | Boulevard Principe Alfonso de Hohenlohe 29600 Marbella | 0034 902 11 11 14 – Fax: 0034 952 82 21 11 | http://www.panorama.es/ E-mail: info@panorama.es | |||||||||||||||||||
| Viva Estates | C.C. Reserva del Alvarito Urb. Andasol – CN-340, Km 189 29600 Marbella | 0034 952 83 11 00 – Fax: 0034 952 83 11 07 | http://www.vivaestates.com/ E-mail: viva@vivaestates.com | |||||||||||||||||||
| Sarena, S.A. | Urb. La Mairena (Altos de Elviria) 29600 Marbella | 0034 952 83 60 92 – Fax: 0034 952 83 93 78 | http://www.mairena.com/ E-mail: mairena@mairena.com | |||||||||||||||||||
| Sitio de Calahonda Properties | Oficina de Ventas, C.N. 340 Km 196 Mijas Costa 29650 Marbella | 0034 952 93 31 40 – Fax: 0034 952 93 43 42 | http://www.sitiodecalahonda.com/ E-mail: info@sitiodecalahonda.com | |||||||||||||||||||