Spain, like large parts of the developed world, is currently going through a difficult economic period, yet it is a state of affairs that can present great opportunities to investors wishing to find good value and maximise their returns in the medium term.

Though prices have largely levelled out after dropping 30-50% from 2008 highs, there could still be some downward mobility in certain areas and market segments. The average national drop in prices since the downturn began is 22 per cent, but this amalgamates highly diverse figures and throws them all together, a bit like a statistics blender. Continue reading »

Puerto Banús is a lifestyle melting pot: designer shops, funky bars, gourmet restaurants, fast food chains and more or less everything in between. It’s one of our favourite haunts for spending time as a family during the daytime, and partaking in a bit of people watching as the sun sets.

If you’re planning to check out the famous name boutiques, take a minute to admire the stunning yachts and motor cruisers berthed around the Marina. The King of Saudi Arabia’s yacht often has a crowd of admirers standing nearby, cameras at the ready! Often you’ll hear about celebrities and royalty from all over the world enjoying themselves on yachts moored just outside Puerto Banús, so you never know who you might see! Continue reading »

So, you want to sell your house? Well, you need it to stand out from the crowd.

You could borrow a friend’s dog; have it snuggled up on the sofa to demonstrate the warm and welcoming environment that is your home. Or, if you’d rather portray yourself as a dynamic and successful money making entrepreneur, how about leaving your boss’s sports car outside for the estate agent to photograph? Continue reading »

Nordica’s choice of top local restaurants in Nueva Andalucia and Marbella

Nermans Restaurant
Located within the luxurious Los Naranjos Golf Club urbanisation, Nermans restaurant and bistro bar has become a modern cuisine favourite along the coast. Indulge in the wide selection of dishes from the international menu, whilst simultaneously enjoying the stylish interior or a summer night on the outside terrace. Continue reading »

The skies are blue; the palm trees are rustling in the breeze; the sun is reflecting on the sea. It can mean only one thing: summer is on its way!

Puerto Banús is the place to be at this time of year. Whether you visit at the weekend or during the week, night or day, there’s plenty to do and see for all the family. Continue reading »

Investment Europe’s website recently published figures compiled by Fastighetsbyrån, part of Swedish banking group Swedbank, that reveal while sales of Spanish property to British purchasers have dropped by 65 per cent and German sales have also dropped by a less dramatic three per cent, purchases by Scandinavian buyers have increased significantly.

Over the four year period studied by Fastighetsbyrån, 108 per cent more Norwegians and 138 per cent more Swedes elected to invest in Spanish property. Considering the excellent health of both the Norwegian Krone and Swedish Krona, which have risen by about five per cent against the euro as the pound has fallen almost 20 per cent, it is not surprising that comparatively prosperous Scandinavian buyers have been tempted to invest their money in second homes in the sun. Adding to this scenario, Spanish property in some areas has dropped up to 30 to 40 per cent in price, although it has been noted that real estate in the more prestigious parts of the Costa del Sol has held its value rather better than this. Continue reading »

This charming villa located in a well established, leafy part of Nueva Andalucía combines elegance and comfort to great effect. Homely and stylish, it is well proportioned – at 220m2 it offers space and privacy yet is also homely and practical, set within a beautiful garden of 1012m2 at the heart of which is a private swimming pool that borders a spacious, partly covered 62m2 terrace.

Inside are three spacious bedroom suites each with its own bathroom, as well as a guest bathroom in the elegant entrance hall that leads on to an attractive, fully fitted kitchen, a sunny dining areas that overlooks the terrace and garden, and a cosy living room with fireplace and vaulted wood-beamed ceiling. Situated in Las Cascadas del Golf, near the Los Naranjos Golf Club, the property is close to the amenities of Nueva Andalucía, Puerto Banús and central Marbella. Continue reading »

Nordica Sales & Rentals – at home in Nueva Andalucía

Established in the area for over 25 years, Nordica is one of those companies that form the backbone of Marbella’s real estate business. While others came and went during good and bad times, Nordica remained a constant presence dedicated both to its trade and the area it is in, building up a name for good service and unrivalled expertise in its specialist area, Nueva Andalucía. Continue reading »

This year saw the return of the prestigious Andalucía Open to Aloha Golf Club in Nueva Andalucía, Marbella, an important leg of the men’s professional European Tour.

The four days of exciting golf culminated on Sunday 18th March with 31 year old Julien Quesne taking his first European Tour title and the winner’s prize of €166.660. Frenchman Quesne, ranked only 322nd in the world, matched the Aloha Golf course record hitting a 64 (eight under par) on the last day of play and became the 400th player to win a title on the European Tour. Continue reading »