A Hong Kong based property investment fund has recently purchased a 170.000 m2 plot with 400 beachfront in East Marbella, between Marbesa / Elviria and Los Monteros. According to their director, Marbella is a top destination for wealthy Asian travellers, and the city currently lacks a good selection of top hotels.

Their plans are to build a resort with a hotel plus 120 villas, and create over 1000 new jobs to the city. A very welcoming note to Marbella, and reaffirms the confidence international investors have put in the market.