Costa del Sol property: A popular sunshine destination for investors
June 7th, 2010
Costa del Sol property is still one of the hottest investment areas for property developers and prices in the most popular resorts are correspondingly high. Demand for Costa del Sol property is as high now as it’s ever been, despite a global downturn in the fortunes of real estate. But despite this, there are still plenty of opportunities for discerning buyers to buy themselves a slice of Spanish sunshine on the Costa and make a sound financial investment into the bargain.
Costa del Sol property is not cheap, particularly in the most sought after beach locations. However, if you are prepared to look a little further away from the major tourist spots and even consider a villa further inland, there are still reasonably priced properties to be found. The most important point to consider that, like any property purchase, you cannot perform everything from the comfort of your own home via the Internet or on the phone. To make sure that your property purchase is a wise one, it is essential that you visit the locations armed with as much information as possible and plan your purchase carefully.
Spanish property law is very different from UK law, so you will need expert guidance from a qualified, independent Spanish solicitor to negotiate a path through the paperwork. It is also sensible to choose a representative who is familiar with the area you wish to buy in, as they may be aware of any local by-laws or conditions that could affect your purchase. It is also essential that you get to know and trust your representative, as they will be looking after your interests once you return to the UK.
The Costa del Sol has a very large ex-patriot community so spend some time getting to know your potential neighbours. From them you can get first-hand accounts of the area and if you are planning to make Spain your permanent home you will also be able to gain information about amenities such as medical facilities, schools and transportation links from those who already live in the area. The most popular resorts in the Costa del Sol property band are in Benalmadena, Fuengirola, Torremolinos, Marbella, Mijas and Nerja. Property prices here are at a premium but if you have the money to spend and would prefer to live in an area with a large ex-pat community, there are still properties available in these resorts. Properties with ocean views command the highest prices, whereas villas a little further inland but still with fantastic mountain vistas and luxury facilities are much more affordable than the highest priced oceanfront properties.
In recent years, property in the Costa del Sol has become increasingly popular amongst Spanish buyers and as a result competition for the choicest properties has become fierce. By employing a local representative who knows the area, you have a far greater chance of finding your dream Spanish villa in the Costa del Sol. They can ensure that all paperwork is completed as quickly as possible and that all-important deposit is paid in time to secure your property.
Costa Del Sol Property at Unique Living. Visit Unique Living for more info on buying a property for either a holiday or to live in the costa del sol.
Spain is a nation with a distinct heritage and proud culture. From Paella to Picasso, Spain has so much to offer, which is the reason why millions of holidaymakers make their way to the country each year.
Puerto de Jose Banus, the marina of the rich and famous and the prices reflect this. Whitewashed, Andalucian style building surround the marina, hosting boutiques, bars, restaurants and night clubs. There are several Yacht Charter and Yacht Brokerage operations within the marina complex. Marbella is 15 minutes away by car or bus. Good beach to the west of the marina which belongs to the hotel and allows berth holders access. This can be arranged at the control tower. Many golf courses in the area.
Malaga is one of the most brilliant and vibrant cities of Spain. A coastline of fine, golden beaches, wonderful Mediterranean climate, several luxury costal resorts, and excellent amenities lure thousands of tourists to Malaga every holiday season. Predictably, Malaga International Airport is the busiest airport in Spain. The airport serves as a gateway to the Costa Del Sol and is very well connected to the other popular resort towns such as Torremolinos, Marbella and Benalmadena. Several local and international car hire and car rental companies also have a large presence at the airport. The intense competition ensures you get nothing but the best in terms of service and facilities. Car hire has become a trend amongst tourists arriving in Malaga because it’s extremely efficient- affording you to get the most out of your time and money. There are personalised packages to suit your budget and travel plans. It is the best way to enjoy a comfortable holiday. In a setting like Malaga, a having a flawless, shining car at your disposal opens up countless possibilities to enjoy your holiday.