Property buyers from the Arabian nations are some of the most important investors in the Marbella market, making the news that enquiries from Saudi Arabia and the UAE have increased by 164% very welcome indeed.
The resort town is viewed across the world as a luxury destination for home buyers and holiday makers alike. A recent article published in the Gulf News praises Marbella and highlights the towns positive attributes for potential buyers, focusing particularly why Marbella is the perfect destination for Arab buyers looking for a property in Europe.
Marbella has long had a history with visitors from the Gulf States, beginning with Saudi royal family’s love of the town. Though they originally stayed in suites in world renowned hotels such as the Marbella Club, King Fahd eventually built his own sprawling palace that featured an extravagant park, private sports centre and a mosque, which he erected on the Golden Mile in the 1980s.
Many wealthy Middle Eastern buyers followed suit, moving away from the hotels and investing in their own magnificent villas. The Golden Mile was the most popular location, and it remains one of Marbella’s most exclusive locations today.
The Gulf News article highlights Marbella’s draws such as the constant temperate climate, as well as the wealth of luxury facilities that are available all year round. One of the most important aspects, however, is the warm welcome that Arab buyers and visitors receive in the town. There is a strong Arabic influence on the town’s architecture, cuisine and historical monuments that makes visitors from Gulf nations feel immediately at home.
Read the full article on the Gulf News here.
