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Know the momentum of the real estate market in San Pedro

Posted by admin on May 1, 2016
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New developments expected in the city will increase the attractiveness of real estate Costa del Sol

Also belonging to the town Marbella in Malaga, and is only 10 kilometers from the center of Marbella and 20 kilometers from Estepona on the Costa del Sol. What was previously considered a farming community, has become a tourist center and important real estate for the region, where you can find exclusive properties.
This town is presented as a special combination between tradition of a Spanish village and the new developments that have been built in recent years on the coastline of the town.
San Pedro de Alcantara like most Spanish towns has a square where most of the activity is centered. In its surroundings are its most iconic Clemente as the parish church buildings, and from there start small streets that house cafes and bars.

Property and investment property in San Pedro

While known for the beauty of San Pedro de Alcantara, he had never known tourist or inmobiliariamente exploit its potential. Timid developments made on the road that connects San Pedro to Marbella had been made, but yet not been consolidated due to the traffic and noise.
Therefore, the city has been modernized gradually. A tunnel was built to communicate to this town with Marbella, and eliminate any inconvenience resulting from automobile traffic. One of its most famous beaches, the beach of San Pedro de Alcantara has been renovated to build a ride that communicates through a bikeway with Puerto Banus and Marbella, making an entertaining promenade for those wishing to walk and enjoy an excellent landscape.
Along this walk the most sought city properties are achieved, overlooking the Mediterranean Sea, which can be, chalets, townhouses, and apartments along this boulevard. These properties available in San Pedro de Alcantara have excellent investment in terms of price and quality. The properties in this town are much cheaper compared to its neighbors in Marbella and Puerto Banus.

Boulevard of San Pedro

Boulevard of San Pedro

The apartments in this county are available from 200,000 euros, while a town house is around 220 000 euros, with two bedrooms, which are some of the most common. As it continues to move toward more luxurious areas as the boulevard above, prices rise and can reach up to 400 thousand euros.
We must remember that the proximity to Marbella, is a plus for San Pedro de Alcantara, as many people looking to enjoy Marbella, taking a property on the Costa del Sol, which is a little less costly to those achieved in the areas of higher demand.
The properties in the town are perfect for those who wish to enjoy family, both the beaches and places to visit in the village and have a property that is close to the most important areas of the Costa del Sol.
For this reason, much of San Pedro buyers are Europeans who come in family groups. With ages ranging between 30 and 45 years, dedicated to businesses and companies, and parents looking for a property where they can spend their vacation with their children. They are looking for a place with excellent climate and where they can do outdoors, water sports, or just relax on the beach, especially in the summer.
San Pedro also has the advantage of being only 61 kilometers from the airport of the city of Malaga, making it easy communication with any major city in Europe, and guarantees that even in less than two hours time can be in your country originally.

What is expected of the real estate market?

Currently there are new developments that are estimated to generate a greater choice not only for the city but for the whole Costa del Sol as Ignacio Acosta, real estate agent suggests. Only in 2014 was an increase of 28% on the purchase of properties in the region and an elevation of 2, 2% in property prices for the same time. It is estimated to remain so this year.
Prices of real estate in Spain, it is estimated that they will continue their upward trend during the course of 2016, such as happened in 2015 where the price increase ranged from 12% to 30% especially in the major cities such as Marbella, Madrid and Barcelona accentuating this trend in the most exclusive areas and higher costs. However, analysts are a bit more conservative with projections made for 2016 where an increase in prices from a range of 3 to 5% and may vary to areas of greater tourist and real estate activity in the Costa del is expected Sol, where you can achieve an increase in property values ​​up to 10%. Therefore, investment in the region is considered safe and big profits.
The recovery of the property market in the Costa del Sol has attracted interest from investors mainly in Europe, where the region has highlighted on other major destinations on the continent.
Therefore, foreign investment has been increasing especially from countries such as the UK, France, Germany and the Nordic countries also have the economic strength of their countries as a backup.
Another of the events that have contributed to the growth of real estate in the region is the flexibility shown by banks to foreign buyers with mortgages 20 years with fixed nominal interest rates of 1.7% and 2.75%. This has caused many buyers who before 2007 had no way to buy a home on the Costa del Sol, have seen their window of opportunity in the current market situation with low prices and also banking facilities. Thus, buyers would be gained in two ways. The first is to get a property known worldwide for its luxury, perfect for summer and spend their leisure time; the second is acquiring a property in a region where according to large firms, represents a safe investment and it will be very profitable in the future.

Which sites you should visit?

The village, although it has gradually been modernized, still retains its traditional style and attractions that are common in a Spanish village and its small restaurants, shops in the narrow streets and tapas bars

• Beaches

The beaches in the town are closely related to the city. Have boardwalks, restaurants, bars, and beach bars, so it is guaranteed entertainment for anyone. Ideally come to enjoy with family or friends of any of these beaches.

– Playa San Pedro de Alcantara
This is a large, wide beach that is accompanied by a bikeway. It has been renewed with its new promenade, which also serves as a communication with Marbella and Puerto Banus, attracting many more people.
The beach has fine sand with blue and calm waters, making it perfect for the entire family. It has a blue flag as a representation of its quality, and a strategic location being within the city.

San Pedro Beach

San Pedro Beach

– Playa del Saladillo
Saladillo Beach is a long beach of sand and small stones. It has many beach bars with sunbeds, and places where you can enjoy mojitos. It is a quiet beach where you can choose site without problems on the frontline.
Windiest days are fun enjoying the waves and on the other hand, the days when the sea is calm you can see small fish with goggles.
There are showers and changing area at the entrance to the beach so it’s very comfortable when returning the car to remove the sand or changing swimsuit.

– Beach Cortijo Blanco
An excellent and one of the most beautiful in the region, apart from most buildings beach and also has the background of the Sierra Bermeja. It is a continuation of the beach of San Pedro de Alcantara, and covers an area of ​​more than 500 meters. Here you can also get some restaurants like the Taberna del Alabardero and New Rieno, and a beach bar are traditional in the area called Kala Kalua Playa. The limit of the beach is the Guadalmina River which can be crossed by the highway that connects the village with Marbella.

• Nightspots

– Pub Charles
A very welcoming place in a very central location of San Pedro Alcantara where an excellent staff serves you the best cocktails in the area. very friendly owner and always very attentive to all customers, whether regular or one who goes first. Newly renovated, beautiful place and good and cocktails.

– The Candle of San Pedro
If you want to get in a typical Andalusian tavern, you can not let pass by this place, the owner is very friendly and very nice, ask you without fail, salad tomatoes, as are fantastic tomatoes, ham, chacina, everything is excellent quality, and if you like wine, here can enjoy big brands has reasonable price, I love this place.

• Historical sites

The sites below represent a largely archaeological interest, and show the Roman heritage of the region. For those who are fans of history and archeology, they can not miss visiting these places.

– The vaults
They are considered by some as crypts used by the Romans and by others as simple aqueducts water tanks found near the site. They are dating from the third century but were discovered only in 1926.

– Tower of the vaults
From the promenade of San Pedro de Alcantara in the province of Malaga, and if we turn our eyes to Cadiz, the first thing you see is this watch tower, one of many that dot the coast and from where all the Mediterranean Sea dominated, very important to spot potential enemies who came by sea thing.
The name “Vaults” comes from its location as just 50 meters are Roman baths bearing the same name.
The tower is built of masonry and has a base of 8.30 meters and a height of 13 meters. This pretty well preserved and is one of the best known symbols of San Pedro de Alcantara.

Conclusion
When looking for properties in the Costa del Sol, the town of San Pedro has been renewed to attract more and more tourists and investors. This town offers the wide range of properties with the advantage of being close to sites of interest in the region, but with lower prices while maintaining the quality that gets used on the coast.
San Pedro is ideal for people who want a property to spend the summer, and enjoy family, with all the facilities and the possibility of having to enjoy the outdoors, places to have a good night out and historic and cultural attractions.
The real estate market awaits the arrival of new developments to increase the housing stock, thus offering buyers to come. Therefore, the arrival of more investors, especially foreigners and Europeans should not be made to wait due to the popularity has been increasing about Marbella due to the excellent location of the property market.

Written by: CAPD
Words: 2021
Contribution to the reader: Knowing the potential of San Pedro de Alcantara as real estate and tourist destination on the Costa del Sol.

Main sources:
panorama.es/es/blog/informe-2015-sobre-el-mercado-inmobiliario-de-marbella/
andalucia.com/san_pedro/home.htm
aquaestates.com/es/san-pedro-de-alcantara-property/
aplaceinthesun.com/news/feature/tabid/131/EntryId/2901/page/1/Where-How-to-Buy-in-Marbella-%7C-Part-One.aspx

Secondary sources:
visitcostadelsol.com/things-to-do
rightmove.co.uk/overseas-property-for-sale/San-Pedro-de-Alcantara.html
lamarproperties.com/es/710-evolucion-precios-y-demanda-mercado-inmobiliario-marbella.html
villamarketing.com/es/noticias-y-articulos/mercado-inmobiliario-en-marbella.html