Marbella to earn €3 million from new builds

Confirming that 513 houses are to be built Credit: Ayuntamiento de Marbella

IT has been announced that approval has been granted for the construction of 513 new homes within the confines of Marbella with a total build cost of €75.9 million.

According to Council spokesman Felix Romero, this is not just good news because the city continues to attract new buildings but there is a real financial bonus as it will directly earn €3 million from licences and in the long term will attract a number of new taxpayers to the municipality.

Written by

John Smith

Married to Ophelia in Gibraltar in 1978, John has spent much of his life travelling on security print and minting business and visited every continent except Antarctica. Having retired several years ago, the couple moved to their house in Estepona and John became a regular news writer for the EWN Media Group taking particular interest in Finance, Gibraltar and Costa del Sol Social Scene. Currently he is acting as Editorial Consultant for the paper helping to shape its future development. Share your story with us by emailing, by calling +34 951 38 61 61 or by messaging our Facebook page