Saturday, June 5, 2010

A Swiss bank's view of Marbella property

Talking to an investment manager at UBS bank in Switzerland the other day, he believes it is a wonderful time for some of his investment clients to buy holiday properties in the Costa del Sol now that prices are so affordable, for the first time in many years. As his clients aren't earning that much by depositing their money with the bank, a number of them are thinking of buying property in and around the Marbella area, renting out when they don't use it themselves & keeping the property for long term use or possibly selling on in a few years. We are going to follow this up with him & his bank & will be preparing a portfolio.
Marco says: 
Welcome the Swiss is what I say!

1 comment:

  1. Pleased to know about this information about investment manager. Planning to buy a new home but first need to sell old home. My sister suggested me to buy one in Luxury Real Estate Dove mountain and prices there are quite attractive.