and that your lawyer checks that these are still valid. Some neighbouring areas have actually benefited from Marbella’s turmoil, such as Mijas, Benahavis and Estepona regions, as many buyers are now targeting these areas for safe and hassle-free ownership. Te builders are also targeting these areas as they do not have all the planning problems they have in Marbella, making development times much quicker with clean final licenses. Te Developers are back. With prices still around 30% lower than the boom


days, we have been busy selling lots of bargain resales and bank owned un- sold developments hit by the recession. However, demand for brand new quality homes are back and the developers are only too happy to provide. We are currently working with a number of builders on projects, but as they are pointing out to us, they realise that the market is moving quickly and the apartments and villas they are designing now, will be worth a lot more by the time they are fully finished in 2 years. So if you are thinking about buying or building a new home we have some great off plan apartments and villa projects available, but suggest you jump in now, before prices go up too much. Our La Cala de Mijas Office is the hub of all the coasts newest off-plan developments, with all the plans, price lists and staff ready to show potential buyers over the building sites to get the best property and aspect. With the extension, it now looks as though everyone is working towards a soſt Brexit and even in the unlikely event of a hard Brexit, Spain has made it clear they will be looking to remain close neighbours with Britain and keep many of the current conditions / services in place for expats, as long as Britain reciprocates, which they had already said they would. Tis reassurance has kept the British as our largest group of foreign buyers on the Costa Del Sol, followed by Scandinavians, French, Belgians and Dutch. Te usual suspects are always in high demand for property hunters, like Benalmadena, Marbella and the New Golden Mile between Puerto Banus and Estepona. However, there are 2 real property hot spots shooting up the sales board. We just cant get enough properties in the increasingly popular Nueva Andalucia Golf Valley and La Cala de Mijas beach town and surrounding areas. Nueva Andalucia Golf Valley is in high demand, known for its classy restaurants and quality property, only a stone’s throw away from the bustling and glamorous Puerto Banus Marina, but much better value for money and far enough away not to be bothered by the influx of noisy tourists in the summer. Nueva Andalucia is high on our buyers wish list. We desperately need more 3 & 4 bed luxury villas in Nueva Andalucia area between


€ 800,000 to 1.2 million Euros and I have a number of clients waiting for a good refurbishment project to come on our books, that they can buy for around the €600k - 800k region dependent on the state of the build/property. We also have buyers waiting for luxury resale 2 & 3 bed apartments in the area between €200k - 450k. La Cala de Mijas beach town is also in high demand. Tis hot spot is ideally located between Malaga and Marbella which is one of the reasons we moved our head office there a couple of years ago. Tis charming relaxed beach village has been transformed and is now fused with a rising number of classy restaurants along the beachfront and its beautiful wooden boardwalk. Clutching to the side of the coastline past Torrenueva and Miraflores all the way to Riviera del Sol, hosting Marbella quality venues like Elliott Wright’s popular Olivia’s restaurant by La Cala beach and the beautifully refurbished Oceano & Max Beach Restaurants along with many others. El Faro, Riviera & Calahonda are also


selling well, As demand for La Cala de Mijas soars, many buyers have been priced out of the market and now looking in neighbouring towns, but still within easy reach of everyones favourite new beach town. We simply can’t get enough reasonably priced properties for our buyers, so if you are thinking about selling in or around any of these areas please contact us asap, we already have buyers waiting to view sensibly priced properties. Peter is one of the most published Costa del Sol property experts in both the UK & Spanish press, having spent most of his working life as a professional real estate agent and valuer. He is also the Managing Director of one of the most successful Master Estate Agencies on the Costa del Sol “Overseas Dreams” with registered offices in both Marbella and La Cala de Mijas.


For more information on buying or selling property on the Costa del Sol, contact Peter or any of his team on Tel: (0034) 951 551 444 or


email: info@OverseasDreams.com


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