As the sun sets on 2023, Costa del Sol emerges with renewed vigor, poised to embrace the promises of the new year. With a lineup of exciting developments and projects on the horizon, let's delve into what awaits in 2024.
New Residential Projects:
Among the most anticipated ventures is the launch of the first residential project by Lamborghini, heralding a new era of luxury living in the South of Spain. Complemented by the contemporary elegance of Los Olivos del Paraiso, these developments epitomize the fusion of sophistication and serenity.
Current Market Trends:
Building upon the foundation laid in 2023, the real estate market in 2024 continues to reflect resilience and dynamism. Property prices exhibit a steadfast upward trajectory, surpassing national averages and signaling sustained growth in the region.
International Property Buyers:
Foreign buyers, drawn by the allure of Costa del Sol's picturesque landscapes and cosmopolitan lifestyle, remain integral to the market. With a market share of 35.3%, international investors contribute to the region's vibrancy and diversity.
Looking Ahead to 2024:
As we embark on the journey ahead, optimism prevails in the Costa del Sol real estate arena. Analysts forecast continued demand from both domestic and international buyers, with Marbella and its environs emerging as hotspots for investment and leisure.
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Source - Idealista
Source - Malaga Hoy
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