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Jan 30 2013

2013 isnt looking to bad financially in Marbella

2013 isnt looking to bad financially in Marbella

2013 isnt looking to bad financially in Marbella. A recent trip back to the UK earlier in the month has totally opened my eyes to the doom and gloom that is facing the people in the UK, and I am talking the South East of the country and London which is where I visited which is supposed to be coping.  Teamed with the dreadful weather, the snow and general downbeat attitude of most people I met, it wasn’t a surprise that I turned up to the airport to get back to Spain over 3 hours before my flight was due to depart!

Spain seems to be doing well on the various sides of business that I have been in contact with so far.  I go to La Canada and the shops are extremely busy, El Corte Ingles in Puerto Banus is the same. There are some amazing bargains to be had in the shops at the moment. I had a friend who recently went to Rome, and what was a thriving and buzzing City was quiet, gloomy, and many shops were simply closed down.  Quite the opposite in our very own San Pedro. I saw only yesterday a new beauticians due to open its doors soon, a wonderful new furniture store has just opened, bars, cafes and restaurants in fact when I was there yesterday it was thriving.

I popped into see a car dealership friend at the weekend and he was looking most perturbed. I asked what was wrong, and he informed me that in the month of January he has sold all of his stock. The dealer I relate to has his core cars priced between euros 50,000 to well over euros 200,000 and he has sold over 11 cars so far in January within this price bracket. His only problem is replenishing the stock which is selling quicker than he can replace it. Not really a bad situation to be in.

I have spoken with many of my real estate friends and they are experiencing the same. Unfortunately not to the extent of my car dealership friend where stocks have depleted, however the market is very buoyant with some amazing offers to be had. The general feedback from fellow agents is that house sales are going through, most people are not looking for any form of bank funding, and transactions are being concluded very quickly.  I think that people are starting to realise that the euro is here to stay, the peseta is not going to show again, in fact I haven’t heard talk of this nature now for some months. People have money burning a hole in their pocket, not earning interest in the bank, and where else better to spend that hard earned money than investing in a wonderful holiday home along the Costa Del Sol.

Speak to a member of our sales team to see if we can match you with your perfect holiday, permanent or investment home along the costa del sol.  Lets hope that this good start to the year continues to really make 2013 a prosperous new year for us all.