Costa del Sol Property - A smart property investment
Purchasing properties in Spain; apartments, houses or villas, delivers a strong return on investment. In 2003 the value of property in the Balearics and Costas increased by 21%. (Barclay's Private Clients Report) The Spanish property market has seen strong capital growth in the last five years with demand for properties across the Costa del Sol region far outstripping supply. Over the next five years demand is estimated at 500,000 buyers.
The popularity of the Costa del Sol continues with thousands of Northern Europeans attracted to the area for its warm weather, extensive leisure and sporting facilities and good infrastructure. The region includes the popular destinations of Marbella, Malaga, Puerto Banus, Fuengirola, and Torremolinos, and enjoys high property demand for both resale and rental properties. The market is growing significantly and has delivered a very high return on investment for owners already taking advantage of the market demand.
Hundreds of scheduled and daily flights fly into Malaga Airport every week feeding rental demand for villas, apartments and houses in the Costa del Sol which runs from Cadiz to Neria on the borders of Granada.
Whether your aim is to buy a holiday home in the Costa del Sol or property for rental in Malaga, resale value must always be the priority consideration.
The International Property Partnership has an extensive portfolio of properties which meet your budget and investment demands. We also offer experience and expertise which is invaluable when investing in your piece of Andalusian property.
Identify Spanish property with strong return on investment potential
- Location, location, location
- For property rental, how long does the season last, what is the market demand in the area?
- What future infrastructure changes will impact on the property e.g. new airport, roads, leisure or shopping complexes
- Buy at least a 2 bedroom property to capitalise on both rental opportunities and market demand at resale.
- Buy the best property you can afford in order to maximise resale appreciation
- Ask your estate agent and solicitor to ensure that the property meets EU building regulations and standards
- Buy off-plan for investment in properties below market prices
For quick resale buy in already established areas
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