Iona Napier
MARBELLA is leading the way in the Costa del Sol’s financial recovery, according to Mayor Angeles Munoz.
A recent report reveals that Marbella is in pole position with new businesses and property sales looking healthy and unemployment rates dropping.
She’s not the only one to have high hopes for Marbella, with the Wall Street Journal stating the city now resembles southern California more than it does southern Spain.
The article puts the 600,000 yearly visits to ‘ritzy, sun-soaked’ Marbella down to ‘it’s welcoming microclimate’ and notes a buyer demographic that is shifting towards the higher end – and choosing to live there all year round.
Marbella is unique on the Costa del Sol, perhaps in all of Spain and so the comparison is really moot. Marbella has suffered in the recession too, but to nowhere near the same extent of some other parts of Andalucia. The inland areas have been severely neglected by the current government and attention should now be given to these smaller and poorer areas. Time and time again, Marbella gets all the new investment and infrastructure upgrades, whilst inland areas slowly disintegrate.
Doesn’t resemble California in the jobs market.ha ha
i didnt know southern califoria was totally corrupt, full of thieves, bank robbers, dictaotrs, drug dealers, and other extremely unpleasent people.
I do know that the old town center is full of shut-down shops and businesses, as the football & pop-stars goto banus for their handbags.
MAybe if they collected taxes and enforced licenseing of businesses it’d look like the rest of spaion.