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Marbella Port Investment offers optimism to tourist & property industry

Richard Woodland
 


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Marbella Port Investment offers optimism to tourist & property industry

Marbella received some positive news with the announcement that the Qatari Sheik, owner of Málaga Football Club, Abdullah Ben Nasser Al-Thani, tender to redevelop and extend the port has been approved. He is to invest €400 million in the new port at La Bajadilla in Marbella, which include a circular wall and exterior dyke and a 200 metre quay for cruise liners.

The new port will have 1,220 berths. The current fishing port will be displaced and a new underground car park will give space for 450 vehicles in addition to the 683 places there are currently on the surface.

Marbella’s La Bajadilla marina has always played second fiddle to her glitzy sibling which is the chosen hangout of celebrities & millionaires the quieter port could soon be attracting an A-list of its very own, after plans for a 400 million euro investment.

Property Overseas Group Marbella Cruiser

Plans for a five-star hotel on the marina, as well as bars, restaurants, shops and supermarkets will revamp the eastern area of the city, bringing La Bajadilla in line with famous Puerto Banus in the west.

Marbella already has a tourist industry, with its own hotels and beaches, but the investment would attract a larger number of high-end visitors and a new form of tourism of Marbella’s shores.

The project is being referred to as the most important urban development in Marbella’s history. Marbella La Bajadilla port is situated at the northeastern entrance to Marbella is more than double its current capacity.

Not only will the revamped marina provide more berths for private boats and yachts, but it makes possible Marbella’s long-cherished ambitions of providing anchorage for cruise ships. Puerto Banus may be the most iconic port in southern Spain, but it could soon have a rival just down the road.

It already has a tourist industry, with its own hotels and beaches, but the investment would attract a larger number of high-end visitors. This can only be positive news for Marbella’s tourist & property industry. With construction expected to last 2 years this is an ideal time to invest in property in Marbella.

Visit www.propertyoverseasgroup.com for properties for sale in Spain

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