“After the pandemic, new kinds of people and investors, hotels, came to Marbella, which has increased the quality of the place. It used to be just a pretty town. Now it’s also a city,” said Artur Loginov, chief executive officer of real estate firm Drumelia. “These past four, five years there have been openings of new gyms, restaurants, hotels, world-known brands that have the standard of New York or Monaco.”