Property For Sale On The Costa Del Sol

Situated on the beautiful Malaga coastline, the Costa Del Sol is one of Europe’s best known tourist destinations and is arguably one of the trendsetters for the overseas property market. For over 40 years people have been investing in property on the Costa Del Sol, as people seek to capitalise on the huge tourist industry throughout southern Spain.

Stretching for over 160 km, the Costa Del Sol is renowned throughout the world for its beautiful scenery and long sandy beaches. Today over 200,000 non-Spanish residents live on the Costa Del Sol making it one of the world’s most popular destinations for overseas property investors. The popularity of the Costa Del Sol property market is easily demonstrated by the number of new developments which have been built here over the course of the past 20 years. In excess of over half 1 million new properties have been built throughout the region during the period, although the global economic climate has brought these figures down considerably in recent times.

Despite the construction boom of the past 10 years, there is still a number of superb new developments to be found throughout the Costa Del Sol region. In particular a number of luxurious new golf resorts have been built in southern Spain, many of which have already proven commercially successful with investors and second home owners seeking to remove themselves from the more densely populated areas closer to the coast.

For people seeking to buy property in the Costa Del Sol, the good news is that the recent economic turmoil has created a more investor friendly climate in Spain’s real estate market. Previously high property prices are now being reduced to reflect more realistic property prices, and as such buyers are gradually returning to the market. In the blog, we will be covering the Spanish property market in more detail, looking at each of the regions, and cities within the Costa Del Sol and throughout southern Spain.