To buy or not to buy a house in Marbella04 Oct 2016 | News and Updates
Nowadays, and more specifically, at the time of writing this article, many are the people asking themselves this same question, to buy or not to buy a house in Marbella. We are at a turning point in the property market. Fortunately, we are leaving behind the uneasiness of the crisis and moving towards a moderate growth.
Prices of second-hand properties will not drop any further, and the trend will be the same line of prices with moderate increases, according to the experts in this field, with whom Benarroch Inmobiliaria fully coincide. What’s more, we can affirm that this trend will be even more decisive in areas where there are scarce new builds, as is the case with Marbella.
We must bear in mind the situation mentioned above, and also, that banking entities are more open to grant loans, interest rates are more affordable making buying equal to renting in terms of monthly expenses and that we are talking about purchasing a property and, therefore, a future investment, where what most increases the value of a property is its location, and Marbella is an area with a high profitability in real estate investments.
By no means should we forget that the property portfolio is broad, and the buyer has much to choose from to find the property that most adapts to what they are looking for.
With all this information in our hands, you will be able to take the right decision, which will obviously depend on your perspective and circumstances. At Benarroch Inmobiliaria, we firmly believe, as we said at the beginning, that this is a favourable moment to buy.
Visit Benarroch Real Estate and we shall look at your particular case in depth, providing you personalised advice regarding your decision. Is a good time to buy a house in Marbella.
Article by Brice Benarroch Mennessons04 Oct 2016