Why buy property on the Costa del Sol in 2020?

The Costa del Sol has long been one of Spain’s most desirable and well-established places to buy property. Here, in brief, are a few of its advantages:

Quality of life
The cost of living on the Costa del Sol, although no longer cheap, remains a good deal lower than in many other European countries. This attracts many over 50s retirees looking for a relaxed lifestyle in the sunshine. Meanwhile, younger professionals are also migrating to the area and bringing with them their families for a ‘better’ life. The Costa del Sol is well endowed with key amenities, including hospitals, local services and international schools. A large and growing expat community enables people to have a great social life too, even if they don’t speak Spanish.

It’s difficult not to enjoy living on the Costa del Sol: beaches, trendy beach bars, numerous world-class golf courses, stunning countryside, white villages, shopping, luxury international cuisine, and a wide variety of water sports keep everyone happy.

A strong investment climate
Investors make the most of a strong market, particularly in and around the Marbella area. Meanwhile, the arrival of new major hotel chains has continued a mood of growth while boosting the town’s overall investment appeal.

With tourism breaking records in Spain for the sixth consecutive year, investors are making the most of a booming holiday rental market too. Its golf and beach holidays are so popular, many rental investors hardly ever experience vacant periods.

Easy access is another of the Costa del Sol’s big selling points, giving it an advantage over longer-haul destinations with good climates. Access by air, rail and road is always improving, with a new terminal at Malaga Airport, flights to Gibraltar, and fast train upgrades now underway.

Of particular interest to buyers is the fact that, while demand remains strong prices are now mostly stable or growing slowly, which together with an excellent choice of new modern villas and apartments in different areas and price ranges means that market conditions now favour buyers in the Costa del Sol real estate sector.

New promotions
Luxury new developments are springing up again too, many of which are now under construction or very recently completed.

NVOGA is the specialist in quality modern villas, apartments and penthouses on the Costa del Sol, with a prime selection of new high-tech homes available in top locations from Málaga to Marbella, Estepona and Benahavis.

If you buy carefully and for the right reasons, you will find plenty of properties to suit your lifestyle and/or investment needs. Let us help you find the right property on the Costa del Sol – our beautiful off-plan and newly-built properties are well worth considering.

Contact us now for a digital dossier.

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