Marbella town hall approves more luxury homes

YET more luxury pads are set to be built on Marbella’s golden shores in a huge property investment.

The town hall has signed off the licences for building projects to go ahead worth a total of €6.5 million.

A licensing bonanza is permitting four family homes expected to sell for three times their construction cost to be built across Sierra Blanca, Altos de los Monteros and Guadalmina.

While 12 Puerta del Mar properties worth almost €1 million also got the nod.

The most lavish project is a €2 million plan to create a luxury eight-home Mediterranean style village.

“These initiatives show investment is still alive and strong in Marbella,” said town hall spokesman Javier Porcuna.