€10 Million Investment in Marbella’s New Property Development
An exclusive new property development in Marbella’s Puerto Banus is set to receive a significant investment of nearly €10 million. The funds will be allocated towards the construction of 24 high-end homes in the affluent neighbourhood by a developer based on the Costa del Sol.
Marbella Lake Development: A New Luxury Residential Area
The new homes will be integrated into the Marbella Lake development, located approximately 5km from Puerto Banus. The average price of these properties is estimated to be around €285,000. Prospective buyers can expect to see a blend of luxury and comfort in these new properties.
Inside the Luxury Properties: What to Expect
The deal includes two and three-bedroom apartments and penthouses, all boasting large terraces and gardens. The properties will also have access to four community pools. The architectural design of these homes is inspired by the avant-garde ‘boho chic’ and ‘country chic’ styles, promising a unique and stylish living experience.
More Property News
In other property news, a historic palace in northern Spain, known for hosting royalty and inspiring literature, is the property of the week. Meanwhile, a debate is brewing over holiday lets in Malaga on Spain’s Costa del Sol, with the mayor insisting on attracting only ‘quality tourists’. In addition, Spanish lawmakers are considering a measure that would see squatters evicted within 48 hours, a move that is sure to impact the property market.
