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22

M A R B E L L A

PARCELAS DEL GOLF, NUEVA

ANDALUCIA, MARBELLA, SPAIN

This recently refurbished villa is located in a

private community with 24-hour security. It

boasts a magnificent tropical garden, heated

pool and views over Las Brisas golf course.

Bedrooms

5

Bathrooms

6

Price

3,650,000

Contact

Christopher Clover,

clover@panorama.es

BAHIA DE MARBELLA, SPAIN

A contemporary masterpiece just metres away

from one of Marbella’s best beaches. Recently

completed to high standards, features include

a gym, wine cellar, cinema and heated infinity

pool with fabulous sea views.

Bedrooms

5

Bathrooms

4

Price

7,900,000

Contact

Christopher Clover,

clover@panorama.es

Spain is well

and truly back

Anyone harbouring the belief

that Spain’s luxury market still

languishes in the doldrums of

2009 to 2014 should think again

– and perhaps visit Marbella and

the nearby private residential

community of Sotogrande to

convince themselves.

Data from Savills shows that,

since 2014, transactions have

returned to their peak of a

decade ago, and the forecast is

for this to be surpassed by the

end of 2017, thanks to an

increasing flow of purchasers

from the Middle East and Italy,

as

well

as

longstanding

demand from Britain, Ireland

and Germany. Most of these

buyers prefer contemporary

new-build properties.

Sotogrande is the place to

watch for a market boom, an

exclusive enclave likened to

parts of Beverly Hills, with

custom-built villas, miles of

beaches, 24-hour security and

high-quality amenities. New

American owners since 2015 are

committed to enhancing the

resort’s reputation for luxurious

property and immaculately

maintained sports facilities.

Not everywhere is out of the

woods yet, however. There

remains substantial over-supply

in parts of the Costa del Sol,

where relatively little high-

quality new build has appeared.

DANIEL VON BARLOEWEN

International Development

Consultancy

23 Global Property Portfolio

S O T O G R A N D E

CASA MANZANA, LOS ALTOS DE

VALDERRAMA, SOTOGRANDE, SPAIN

The finest residence in Sotogrande, within

a secure gated area next to Real Valderrama

golf course. The spacious, elegant interior is

complemented by five acres of gardens.

Bedrooms

10

Bathrooms

10

Price

15,000,000

Contact

Annabelle Dudley,

adudley@savills.com