Following the signals of the slight recovery of the market in Marbella, I have investigated how other locations around Spain are doing compared to Marbella and Estepona.
Going back to another article I wrote one year ago, I have selected three groups of data: big cities (Madrid, Barcelona, Valencia and Sevilla), coastal councils (Estepona, Roquetas and San Javier) and top level coastal municipalities (Calvia, Adeje and Marbella). From these three groups of data, the readings are different: the prices at the big towns are still dropping although it seems that the market is starting to change its tendency in Madrid and Barcelona, the prices at coastal councils are still dropping dramatically and only the top coastal locations are showing signs of recovery. It is remarkable the case of Calvia in the south west coast of Mallorca where the prices have been increasing steadily in the last year.
Top locations are secure investments and always get out from this crisis first. The history of Marbella has shown it many times.
