We all know it and here is the fact. The market for new construction is more or less dead. Construction levels are on average 65 percent lower than last year. Marbella for example is 73% lower than a year ago and only 129 Marbella apartments have been starting to build so far this year, not one Marbella villas or any property in Marbella. The construction level for the province of Malaga is 65 % and continues in a free-fall. We don’t see any light in the tunnel for more constructions.

Other areas figures after the first six moths; In Manilva has 90% fewer houses being built than last year, Estepona, Benalmadena and Fuengirola is down by 80%.  For example in Benalmadena only 43 homes were started in the first six months of the year. Maybe one of the reasons is that the ex. Mayor Enrique Bolin (who also has a building company) can’t give his self any more free land and illegal building licenses.

Its only one town on the whole Costa del Sol that sees a recovery is Torremolinos, where 420 homes have been started so far this year, 12% more than for the same period in 2008, but last year was a very low building year for Torremolinos.

Related article: 37.000 unsold properties, not 21.000 for province Malaga and Marbella.

Benalmadena.

Today Benalmadena has so many things to offer you. Tivoli World Entertainment Park, The five star Torrequebrada Hotel and Casino, Marina World, Local Market, Plaza Major (leisure and enjoyment centre) and Benalmadena Marina.

The Best Marina in the world.

Situated at the heart of the Costa del Sol or at latitude 36 36′ N and longitude 4 31′ W, for those in the know, is the stunning marina of Benalmadena. The Benalmadena Marina was the brainchild of architect Eduardo Oria, the marina took nearly ten years to complete, opening its doors in 1982. Combining the water and boat moorings with commercial buildings and residential property built upon islands, the unique effect created, is that of a whole community, unlike many other marinas where a sharp definition between landlubbers and ‘yachters’ seems to prevail. Since its inauguration, the marina has won the much coveted “Best Marina in the World” award twice and since 1987 has been awarded the Blue Flag of the Clean Seas of Europe by the European Community in recognition of its waters and services.

Moorish Architecture.

The architecture of Benalmadena Marina on shore is a mix of Indian, Arabic and Andalucían and is surprisingly harmonious. Several little bridges span the water giving access to the innovative residential islands where three blocks of luxury apartments are housed. Cars are parked unobtrusively under awnings supported by huge carved pillars and small leafy gardens hide amphorae lying like lost treasure. Mosaic walls depict the sea’s waves while the staircase leading to one of the entrances is a shimmering mosaic fish. The overall effect is pleasing and relaxing and whichever way you look you are surrounded by water.

Private Islands.

As I wandered around the Marina I thought how nice it would be to step out of your door, board your own speedboat and putter out of the marina before heading out onto open water. Or perhaps keep a sailboat moored in the harbour for weekend getaways. With these thoughts milling around my mind I headed off the islands – only I couldn’t, I was locked in. I had strolled in through the gates to one of the proprties houses as some people were unloading their shopping unaware that the islands are private and for residents only.

I stood on the little bridge pondering my situation and the embarrassment it would cause me if someone didn’t show up soon! Someone did a kind Irishman and his son who let me out whilst explaining just how nice it was to live on the islands. He also told me that in the four years since he bought his apartment in Spain, it has gone up in value a staggering 100%.