Full steam ahead for new builds in Marbella

by | Jul 24, 2015 | Uncategorized

shutterstock_108346844-300x167 It´s full steam ahead for new builds in Marbella as more luxury pads are set to be built on Marbella's golden shores in a huge property investment.

The town hall has signed off the licences for building projects to go ahead worth a total of €6.5 million.

A licensing bonanza is permitting four family homes expected to sell for three times their construction cost to be built across Sierra Blanca, Altos de Los Monteros and Guadalmina. While 12 Puerta de Mar properties worth almost €1 million also got the nod.

The lavish project is a €2 million plan to create a luxury eight-home Mediterranean style village.

¨The initiatives show investment is still alive and strong in Marbella¨, said town hall spokesman Javier Porcuna.