Spain

London & Regional Fund – The owner of Nobu Ibiza & Le Méridien BCN purchases the Kempinski Hotel in Estepona.

The British investment firm, London & Regional, is in the final stages of acquiring Estepona's Kempinski Hotel Bahía. This transaction, initially pursued by Azora and Daniel Shamoon, an associate of actor Robert De Niro's investments in Spain, is anticipated to close at approximately €58 million, according to reports from El Confidencial. In January 2022, London & Regional collaborated with the...

Marbella Real Estate Market Report 2023: Insights and Trends

Marbella Real Estate Market Report 2023: Insights and Trends 2022: A Year of Contrasting Halves The Marbella real estate market in 2022 can be characterized as a tale of two halves. The demand for residential properties, which had accumulated during the pandemic, continued to surge in 2022, surprising many with its resilience. Notably, Malaga-Costa del Sol Airport saw a staggering 108% increase in...

Marbella 2023 – Remarkable surge in demand for Residential Properties

In the realm of real estate, 2022 revealed a tale of two contrasting periods, painting a vivid picture of trends within the property market. The year commenced with a remarkable surge in demand for residential properties, attributed directly to the pandemic's influence. Unexpectedly, this surge persisted well into the year, culminating in an astonishing 108% increase in travelers passing through the...

The Spanish economy is projected to outpace the entire eurozone in 2023

As acknowledged by the International Monetary Fund (IMF) in its recent World Economic Outlook Report (WEO) published on Tuesday, July 25th, the Spanish economy continues to exhibit remarkable growth. The report indicates that Spain's Gross Domestic Product (GDP) is poised to expand by 2.5% this year. This growth projection surpasses the IMF's forecast from merely three months ago by 1%, and it also exceeds...

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