Estate agents on the Costa del Sol

Good news for buyers in the Costa del Sol!

The increase of the price of the properties is good news for property buyers in the coastal areas in Spain. The market has turned around, with a growth of 6,4% annually, as explained in this article in El Mundo. The increase is sustained by the economic recovery and the return of domestic buyers. But, most of all, because of the international demand, with international buyers constituting 80% of all sales. The area of biggest interest is the coastal area, where there is a considerable increase of demand, with the highest increasing price rates in Manilva, of 15%, and Marbella, of 11,3%. The restoration of the balance between supply and demand will result in a properly functioning property market.

Although the prices of properties is increasing, the market is not inaccessible, while properties in the Mediterranean coast still cost 45,5% less than in 2007. In addition, there remains good value for money along the Costa del Sol. New builds offer a new product of better quality, efficiency and sustainability than some properties built before 2007. Due to the good value for money and the increasing property prices, Spain remains one of the most attractive countries for real estate investment.

Are you thinking about buying a property in the Costa del Sol? Now is the time to go for it! Our friendly property consultants would be happy to help you in your search for a property that matches your needs.