Andalucia, Malaga, Marbella and the Costa del Sol. Spanish property has had a rough time of it over the past 3 years, and undoubtedly the path ahead is far from a bed of roses. But those four locations are still some of the most popular British tourism destinations in the world, and probably always will be. More recently they have also seen increased traffic, both in terms of tourism and property buying from the Scandinavian bloc. As a result, they are set to see a marked revival in their property sectors during this holiday season.
One particular resort that is expected to do well this year, because of the makeup of today's buyer, is Club De Campo La Zagaleta®
The international financial crisis crippled international property markets, with Spain being among the worst affected. At the beginning, many believed that fear over the full extent the crisis would reach may be the biggest hindrance on foreign demand, but as the downward spirals continued this seemed unlikely.
However, almost immediately after signs of economic recovery began in the US, and several housing markets showed signs of turning around; in other words, after it emerged that the massive stimulus would be successful in fighting off the doomsday scenario we had all swallowed, foreign demand started to pick up again; albeit primarily buying heavily discounted properties.
Apart from the trend of buying discounted properties, several other trends have emerged since the crisis: people are primarily buying in cash, prime properties are the biggest sellers, and the second is spurring the popularity of golf and equestrian resorts.
Whatever the reason for these new realities -- and there are a few being put forward, property as a hedge against financial instability, wealthy unaffected by crisis treating themselves, all equally possible -- La Zagaleta will surely be one of Spain's biggest benefactors.
La Zagaleta is a prime resort of prime properties, which offers the ultimate in privacy and security as well as 2 golf courses, and an equestrian centre, as well as 4 private lakes for trout fishing, indeed the resort has everything the upmarket buyer is looking for.
One of La Zagaleta's super-prime properties is currently available for a cool £30 million. The 10 bedroom La Zagaleta mansion is set atop a rise, which means it has fantastic views of the surrounding scenery, and out over the med. It also has ceiling height windows to enjoy the views, a private pool, an entire floor dedicated to the master bedroom suite, and many more extravagances.
