Luxury Real Estate investments in Marbella
Marbella has long been a destination for wealthy international investors looking for top quality, high value property. With its benign climate, magnificent setting and five-star deluxe facilities the resort town offers an affluent clientele not just a superb lifestyle option when choosing a second home, but an attractive real estate investment option as well.
Marbella: Perfect destination for Ultra High Net Worth
This has been particularly evident over the past two to three years, as demand for the very best villas and luxurious apartments in the most sought after areas of Marbella has been brisk. Most of the call for these homes has been from international clients, as evidenced by what MP Dunne Properties has experienced first-hand. This has now been backed up by international wealth analysts Wealth-X, who have issued a report on the property buying habits of Ultra High Net Worth (UHNW) individuals, defined as people having a net fortune in excess of $30 million.
While the world’s great cities such as London, New York and Hong Kong remain the main destinations for second and third homes for people in this category, their importance in ‘niche’ market hotspots such as Monaco, Aspen and Marbella cannot be overestimated. In Marbella for instance, the number of UHNW residence owners who are based abroad is 87 per cent, just behind Saint Tropez (88 per cent) and ahead of Monte Carlo and Marrakesh (83 per cent).
Property that rivals world’s best
These figures show how important to the local economy this affluent international client base is. Wealth-X has also highlighted the sort of properties that these customers are now looking for, breaking them down into four ‘non-traditional’ categories that are particularly popular amongst global UHNWs: Green Homes, Smart Homes, Private Islands and Serviced Apartments. It is this sort of luxury real estate that best serves their aspirations and lifestyle.
In Marbella there may be a shortage of private islands for sale, but we do have the highest quality property in the other categories, rivalling the best to be found anywhere in the world.
MP Dunne specialises in just the sort of luxury villa, penthouse or apartment that is sought after by an UHNW individual and, with our highly qualified, discrete and experienced staff, we offer the sort of individual, bespoke service such clients expect. Please contact us for a private consultation to discuss your property needs.
Published on 21 December 2015 in News
Mary Dunne is a highly qualified and experienced real estate broker in Marbella. Holder of a Spanish Realtor license from 1995. In 1996 she completed a Real Estate Management course in Les Heures University Barcelona, and 2005 earned an MBA in Spanish Real Estate Management. She is a member of the GIPE a professional association for qualified Real Estate agents in Spain and registered with the CEPI (European Association of Real Estate Professional.
