costa del sol property

 

COSTA DEL SOL PROPERTY GUIDE

 

Europe’s premier holiday and second home destination

 

Costa del Sol property insights

Costa del Sol is the coast of Malaga province that is one of the most well-known regions in the south of Spain with visitors and residents from all around the world. Featuring an array of top-notch activities and attracting the interest of foreign jet-setters and family holiday makers alike, there is really something for every need and nationality. In addition, high-quality properties, including luxury villas, rural country houses and fincas, as well as fantastic holiday rental opportunities can all be found on the Costa del Sol.

Price distribution in Costa del Sol

Apartments

Houses

Price per sq.m. for each property price in Costa del Sol

Apartments

Houses

 

For properties listed in 2017, an average price for apartments for sale in Costa del Sol is 3,600 € per sq. meter. Prices for houses registered this year move around 4,100€ per sq. meter in average. The most exclusive developments offering stunning Mediterranean sea views are valued with a premium of 49% more on the selling price.  

In Costa del Sol, there were more than 2380 properties sold in the present year. One of the most notable agencies in the region is Michael Moon with more than 1145 listings registered in 2017. It is followed by Solvilla, Marbella Pads, and Engel & Völkers with 439, 399 and 349 offers this year, respectively.

The region can be divided into two sections: East and West, comprising the coastal municipalities and towns, with Malaga city at its center.

Proximity to the beach is praised by Costa del Sol property buyers.The Western Costa del Sol is the part of the coast that curves southwards in the direction of Gibraltar and includes all of the key resorts, each of them with its own unique appeal. The areas of Fuengirola, Benalmadena and Estepona are filled with extensive beaches, and Torremolinos is the choice if you’re after a lively nightlife.

Plus of course, the ritzy celebrities’ hotspot of Marbella with its renowned marina at Puerto Banus is very lively with regards to nightlife and beach clubs. It has a buzzing cosmopolitan atmosphere all year round.

The eastern Costa del Sol is much shorter, stretching through the provincial capital as far as Nerja, offering a delightful promenade and a famous cave. Also, it comprises such resorts as Rincon de la Victoria, Vélez-Málaga, Frigiliana and Torrox.

Why the Costa del Sol?

Over several years the Costa del Sol has developed into the number one vacation and second home destination. The actual infrastructure of the region has enhanced greatly since the early visitors times and now meets the needs of northern Europeans – be it international schools, specialist clinics and hospitals, shopping malls or golf courses.

Today, the Costa del Sol appeals to a greater variety of international investors, particularly from Great Britain, Scandinavia, Russia and the Middle East, than ever before. Let’s have a look at the main factors as to why the region is so famous and what is driving the demand for owning a holiday home on this stunning coastline.

The mild Mediterranean climate

An important reason for many coming to the Costa del Sol either to visit or live is the great weather with more than 325 days of the sunshine per year. There are very warm summers and mild winters, with an early temperature of 18ºC in average. Temperatures rise to 27ºC-30ºC in summer, whereas in winter during the day they never go below 14ºC. This way, visitors and residents alike can enjoy beaches, as well as alfresco dining and a wide variety of outdoor activities, all year round.

Costa del Sol property selection

The region is a wonderful location to own a property whether it be for your own use or as a source of revenue. There is a large variety of luxury properties in and around high-quality resorts. Ones of the most popular areas include Fuengirola, Estepona, and Marbella, offering the high standard of living, infrastructure, entertainment and outstanding homes available.

Breathtaking view from the terrace of a Costa del Sol property.For example, the exclusive area known as Marbella’s Golden Mile starts at the western border of the city and stretches to the port. It offers some of the region’s most outstanding villas and estates, with many high-worth-net individuals choosing to make their home here. Marbella is said to be really flourishing with new developments and there is a large demand for holiday property rentals as well.

Ease of travel

International Airport of Malaga (also known as Málaga Costa del Sol Airport) and its modern state of the art terminal is the key gateway to the region which attracts thousands of annual visitors. It provides flights to over 100 worldwide destinations with the number of passengers of over 14 million in 2015. The greater part of traffic through the airport comes from within the EU; however, there are also regular flights to New York, Montreal, Moscow, Riyadh, and Kuwait. The airport services the region particularly well. It is found 8km from the city of Malaga and only 7km from its nearest major resort of Torremolinos.

The main train station located in Malaga City provides a high-speed train service that connects with other major cities such as Madrid, Seville and Barcelona.

There is a partial coastal train service that operates from Malaga to Fuengirola via the airport, and it is planned to expand it to Estepona. The region also features an excellent highway system spanning from the west to Gibraltar and to the most eastern resort of Nerja.

The motorway network links up all the main cities and resorts as well as other towns and provinces in Andalusia.

Hospital

Hospital Costa del Sol, situated in Los Monteros near Marbella, is one of the best-managed public hospitals with modern state facilities in Spain. It is completed with emergency centres and clinics that are located in Málaga City and along the coast. There are also numerous private high-quality medical services in the region.

Education

Whether you are looking for a Spanish state-run or a private international school for your children, you have many options to select from. Numerous establishments offer excellent educational facilities, including pre-school nurseries, primary, junior, and secondary. Higher education is available at Malaga University and there are several private universities as well.

Beaches

The region has a lot to offer beachgoers in search for sea, sand, and sun. The variety ranges from extensive golden sand beaches offering all kinds of services, to tucked-away unspoiled coves in wild natural areas.
One of the main reasons why to buy a property in Costa del Sol are golden sand beaches and clear waters of the Mediterranean Sea.In general, there are 124 major beaches on the Costa del Sol, 19 of which are Blue Flag awarded. Many popular spots are lined by promenades full of restaurants and bars. All seasonal water and nautical sports are also well catered for up and down the coastline.