Roxtar Group | July 15th 2020
Warren Buffet Reaffirms His Interest in the Spanish Real Estate Market
Berkshire Hathaway Homeservices Has Acquired Control of Value Added Property, a Real Estate Agency in Marbella
By Ernesto Jonsson, Executive Director
Warren Buffet (J. Countess/Getty Images)
Berkshire Hathaway HomeServices, owned by the American tycoon Warren Buffet has finalized entering the Costa del Sol and Marbella property market. It shouldn't come as a surprise as Costa del Sol and Marbella are considered two of the most sought after destinations in Spain. Currently, Costa del Sol is the third most important property market in Spain.
Warren Buffet is known to invest and operate with success, and this move indicates high confidence and a long-term vision for the Marbella real estate market. In addition to the residential market, Buffet also plans to enter commercial real estate, logistics, hotel, and retail markets.
Marbella will host the fourth Berkshire Hathaway HomeServices office in Spain, which is already present in Madrid and Barcelona. The company's goal to reach forty teams within eight years shows significant commitment and an intensive expansion plan, which doesn't surprise those who know Buffet's business models and strategies.
We welcome this exciting news and look forward to having the opportunity to cooperate and further strengthen Marbella's global position as a prime real estate market.