New developments are being built on the Costa del Sol and a shortage of land in Marbella is benefiting Estepona and Benahavís

The Costa del Sol is still reflecting the ongoing recovery of the residential property market along the Spanish coasts, especially in Marbella, Manilva, Estepona and Mijas. Prices have risen most in the first two of these municipalities, according to the latest report by the Tinsa valuation agency: in Manilva property prices have gone up by 15 per cent, and in Marbella by 11.3 per cent during the first quarter of this year, compared with the same period in 2016.

The report also looks at the situation in the holiday property market in Spain, using official figures and local experience in 58 different areas. There was considerable optimism at the beginning of this year in some destinations, including the Costa del Sol, and that optimism has proven to be correct so far.

Arab investors, who bought the 466-room hotel in 2013, have partnered with the French luxury family holiday operator, who will now rename the property

One of Marbella’s original hotels from the 1970s is set for a 70-million renovation after being closed for over ten years.

The Hotel Don Miguel, behind the resort’s old town near the bus station, is set to reopen in 2019 after Arab investors, who bought the abandoned property in 2013 under the name Magna Hotels & Resorts, reached a deal with top French hotel operator, Club Med.

The agreement signed by the two institutions coincided with the second Broward College World Conference that was held in Marbella

The president of Broward College in Florida, J. David Armstrong Jr, and the founder of The American College in Spain (ACS), Melissa Butler, signed an agreement last Thursday that established the Marbella-based institution as an International Transfer Center of Broward College.

The signing of the agreement, which coincided with the second Broward College World Conference in the town, now means that students who enroll at ACS will be automatically enrolled at Broward College, allowing them to transfer directly to other universities in the United States after completing two years of a degree in Marbella.

Over 70 people took part in Marbella’s first ‘Stroll with a Hat’ event last Sunday. Wearing their finest headgear, a group of hat lovers met to parade around the centre. The idea came from hat-designer Estibaltiz Díaz de Durana and is based on New York’s Easter parades. A similar event has been running in Barcelona for 13 years and this year attracted 2,000 people.

Each event will generate 12.5 million euros for the resort from the extra overnight stays of the some 2,000 contestants and their families

The mayor of Marbella, José Bernal, has unveiled more details of the council’s agreement to host an Ironman trial every year in the town until 2021.

Announcing plans alongside councillor for Sport, Blanca Fernán, Bernal said that each event will generate 12.5 million euros for the resort from the extra overnight stays of the some 2,000 contestants and their families. In addition there will be a lot of extra publicity generated for Marbella.

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