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
www.buyspain.co.ukm, 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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