Marbella, the most prominent area on the Costa del Sol, is thriving persistently up to the present through its alluring new infrastructure developments, while keeping properties to be reasonably priced since 2006 and 2007, which attracts property investors even more.
To start with, an investment worth €400 million will be put into the new port Al-Thani at La Bajadilla in Marbella. This innovation will include a circular wall and exterior dyke and a 200-metre quay for cruise liners, plans for a five-star hotel on the marina, bars, restaurants, shops and supermarkets, stepping up La Bajadilla together with the prestigious Puerto Banus in the west.
The PGOU’s (Plan General de Ordenación Urbanística) plans with regard to the infrastructure developments, include putting up new recreational amenities and services, such as schools, health centres, sports centres, parks and roads. Cruise ships will be able to anchor at the port and more wharfs for private yachts and boats to be built over the next four years. Upgrading of the town’s infrastructure for electricity, telecommunications, water supply and sewage plants are also part of the improvement plans.
Moreover, the new railway terminus in Marbella will provide a high speed rail (AVE-Alta Velocidad Española ) connection to Madrid in just two and half hours, and to Barcelona in less than six hours. It also will provide local train connections giving easy access to Málaga city centre in just 30 minutes, Málaga airport, and the rest of the areas on the Costa del Sol.
This is said to be the most important modernisation in Marbella’s history, and it definitely will make Marbella the heart of tourism and commercial activities. The New Golden Mile, is the one that will most likely benefit both the area’s economy and the residents’ lifestyle.
Lastly, with this ongoing positive outlook of the economy, one project presently being considered and something to watch out for, is the Soto Serena development.
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