Major Boost to Marbella Property Market as San Pedro Tunnel Finally Open

Prime Location in Puerto BanusThe Costa del Sol has finally rid itself of the last traffic black spot on its main roads network. On Tuesday night the first cars went through the long awaited San Pedro underpass that replaces the previous sets of traffic lights that held up traffic on the A-7. It is estimated that up to 70,000 vehicles will use the tunnel every day, relieved of the tailbacks that had become par for the course, especially with the avalanche of tourists in the summer months.
This will also have a very positive impact on Marbella properties and property in San Pedro as finally the black mark of the works can be finally removed.
The Minister of Development, Ana Pastor, had the job on Tuesday evening of officially opening the tunnel just in time for one of the busiest weekends of the year in terms of tourist arrivals. She pointed out the “benefits” of the new infrastructure for tourism.
“It’s very important that visitors find it easy to get in and out of the town”, she said adding that she hoped the road would maintain the same high average daily volume of traffic “because that generates wealth and employment, which is what we really need at this time”, she stressed.
The minister did recall that the works had been started by the former socialist minister Magdalena Álvarez, although she stressed that later construction had been interrupted. “The mayor asked me to come and to resume the work and that’s what we did,” she said reminding those present that she had kept her promise that the tunnel would be open before July.
Before the official unveiling of a kilometre marker post, a representative of the construction group gave some details of the mammoth project that is now complete. To sum up: a total cost of 85 million euros; a daily average of 45,000 to 70,000 vehicles; 5.7 million euros on safety measures; three roundabouts and “great difficulties in diverting traffic”.
Mayor Ángeles Muñoz expressed her thanks to the central government. “We know how long this work has taken and that it has been going on right in the centre of San Pedro and I am grateful to the minister for realising from the start that the work had to be completed before the summer”, she said.
Meanwhile Susana Díaz of the socialist Junta de Andalucía, pointed out that it had been “a socialist government’s bid to improve traffic and the transport and communications system on the Costa del Sol that has made this possible”, stating that the tunnel “forms part of the legacy of Magdalena Álvarez, José Blanco and José Luis Rodríguez Zapatero”.
As for the local property market and especially Marbella properties this can only benefit the market as whole where in the long term this will only add value to property in Marbella, San Pedro and Guadalmina.

 

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