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Here are the good times - Spanish real estate market

Spanish property continues to be a favourite amongst property buyers overseas. Whether it is to purchase a second or holiday home, investors are flocking to locations such as Costa del Sol. Spain is considered an ideal destination as it is easily accessible with airlines offering affordable rates from UK and the US. The location also has a year round warm climate and beautiful beaches with clear blue water.


With an already prospering tourist industry, the real estate market is booming with holiday makers now wanting to buy their own piece of the land. From country properties to luxurious multi-million coastal villas areas such as Costa del Sol are much sought after.


Costa del Sol property


Costa del Sol actually means “sunny coast” in English. Costa del Sol property includes the coastal towns and communities along the Mediterranean coastline in the province of Malaga and the Cadiz province’s eastern edge. Before the 20th century, this area constituted of a series of small and quiet fishing settlements.


At the beginning of the 20th century, this part was completely transformed into a tourist destination. With several high rise settlements and resorts built along the coast line Costa del Sol property can now be considered an investor’s haven. Today, this portion is highly urbanized with a mixture of different architectural styles.


A variety of choices


The great thing about Costa del Sol property is that you can decide where you want to stay and you will still be spoilt for choice. Each location is more scenic and varied than the next. You can head for the property Benalmadela has to offer as it holds a strong rental market. It provides a great variety of town houses, apartments, as well as large villas with ground located in the town outskirts. Many people from several various nations flock to Benalmadela to purchase houses and use them for either a home under the sun or just as an investment choice.


Alternatively you can choose to invest in Fuengirola apartments which offer you the best views and good amenities at reasonable prices. This region offers economically priced property, great sightseeing, good quality hospitals and hotels and other establishments. The apartments in themselves are beautifully and tastefully designed to meet your every need. You will find all the comforts of home within these walls that sit on beautiful Costa del Sol property.


Booming tourism


Tourism as an industry in Spain has been showing a consistent upward trend over the past years. This is one reason why the value for Costa del Sol property is always on the increase. The right time to invest is always now. History shows us that investors gained immensely by investing in property at the right time. When it comes to Fuengirola apartments and property Benalmadela the key lies in investing early to benefit from the tourism wave!


Currently the spotlight is on Costa del Sol property and the future looks bright for investors as the prices are still low and the returns high. That makes it an ideal investment opportunity for big as well as small investors.


Steve Magill, the author of this article is a Spanish property expert. Apart from being a partner in, he assists international clients in investment matters on a regular basis. Backed by hands-on experience, he is also a Fellow in the British Association of Entrepreneurs (FBAE).

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10 secrets every spanish property buyer should know
10 Secrets Every Spanish Property Buyer Should Know
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