The arrival of new investors to the region has produced after the housing crisis and maintain this trend in the coming years
The Costa del Sol has been one of the real estate destinations in Europe and the world since the 50`s. We are currently experiencing a revival of the real estate market after the sharp drop that occurred during the collapse and subsequent real estate crisis in 2008. The region has been the benchmark of growth in purchasing real estate in Spain exceeding the figures achieved in the rest of the country.
This region has positioned itself as one of the best destinations for those who want to invest in real estate, regardless of nationality, as 85% of people who buy properties here are foreigners. Mostly looking for a place where you can enjoy an excellent climate, beautiful beaches, and best properties. On the Costa del Sol you can get from holiday apartments and town houses with two bedrooms to large villas of hundreds of square meters with pool and all the luxuries you can imagine.
This area of Andalusia is characterized by the luxury that exists in their properties, combining with the environment that is surrounded by golf clubs, harbors and yachts, as well as some of the best Mediterranean beaches with beach clubs, also some of the best nightclubs in the country are here.
That is why also is common the visit of famous artists worldwide and jet set personalities possessing properties in the area, and it is common veraneen on these beaches. Kings and presidents of countries also visit the coast to spend their holidays. Then we will make a count of the main reasons why you should make your investment in the Costa del Sol.
1. The quality properties ensure investment
If something has always characterized the Costa del Sol is its high degree of luxury and exclusivity. And this can range from apartments, houses, town houses, villas for sale and mansions that are located in locations with excellent beach landscapes accompanied by clubs, golf courses and ports as well as some of the best nightclubs in the country.
This makes the Costa del Sol stand out from other beach areas of Spain and even Europe, mainly due to the price- value that makes Marbella and the rest of its neighboring municipalities, Estepona and Benahavis, the most demanded by buyers foreigners throughout Europe.
In this way the market has been increasing since the real estate crisis and is expected to continue in this way in the coming years, ensuring excellent investment for holiday purposes to rent.
2. Excellent time of the real estate market
The second provincial of increased purchases by foreign citizens in Spain is Malaga, where the Costa del Sol is located with a total of 4,739 properties, only in the first quarter of 2014, and this is a recovery process that started from the year 2012.
Increases were seen in both the number of purchases and the number of sales, which have increased by 28% and 2.2% respectively in the region. This trend is expected to continue in the coming years, mainly in shopping, while prices may continue rising but not at such a rapid pace.
The trend for price increases this year, is expected to continue according to 2015 where there were increases of up to 15% in the most demanding areas such as Madrid, Barcelona and Marbella, mainly in the areas of greater luxury and exclusivity. By 2016, although it is expected that the trend is positive, the increase is not thought to be so abrupt, and it is estimated that this between 3% and 5%, however, may be higher in coastal areas such as the Costa del Sol, where it can produce up to 10% increase.
Among the causes attributed to the increase in real estate activity in the region is the fact that banks have made easier the process of obtaining credit, which in general terms to foreign buyers can get mortgages for 20 years interest rates up to 2.75%. This has aroused the interest of many buyers interested in Marbella and its surroundings were a while ago, but they have after the fall in prices during the housing crisis, and with these banking facilities, they determined to make the decision to buy a property in the region, which for many real estate analysts, is considered as a safe investment.
3. The best climate and Mediterranean beaches
Known as the Costa del Sol, Costa del Golf, or the Florida of Europe, it belongs to Malaga, located in the community of Andalusia and has one of the best climates in Europe with 300 days of sunshine a year and an average temperature of 19º C. therefore has become a favorite for vacationing in Europe since the 50`s destinations.
Tourits are fans of going to the beach for sunbathing and activities and beach sports. Marbella has an impressive 23 beaches along 27 km of coastline are bathed by the Mediterranean Sea, it should be noted that in all there are 7 beaches with blue flags, an international standard to indicate the excellent water quality, services, and meeting a range of environmental conditions and facilities. Among the most outstanding beaches of Marbella they are:
– Bounty Beach: It is perfect for relaxing and also its location is very convenient as it is close to the city. Chill out music features, and prices of services are quite accessible.
– Nikki Beach: His name has become famous worldwide as synonymous with celebration and fun, and this tradition is still maintained today, with champagne and some of the best beach parties to which it can assist in Spain.
– Playa Nagüeles: Distinguished by its exclusivity and golden and clean sands, is located in the Golden Mile and is visited by the rich and famous, and there are the most expensive restaurants and clubs most important beach in Marbella, there you can you can also go cycling along the promenade and rent yachts for the day.
4. Some of the best golf courses in Europe
The Costa del Golf, as is known Marbella, Estepona and Benahavis has close to 100 golf courses all of them really close to each other. That makes the perfect combination for real estates business and golf courses, Ignacio Acosta claims.
This makes the region perfect for people who want to enjoy of the sports and for those who choose to make business through this way. In Marbella found the Aloha Golf Club, a natural field of diverse vegetation in which a hole is never like another. Neither too short nor too long, the course is perfectly maintained. Los Arqueros Golf & Country can be enjoyed by all kinds of players, from the highest to the lowest handicaps. The variation of holes and the unsurpassable views of the sea and mountains make a visit to The Archers the beginning of a hobby. The Artola Golf has a 9-hole; the Cabopino Golf Resort with 18 holes. Original is also the Golf La Dama de Noche, a single field in Europe because it is illuminated by 36 staffs of 12 meters high. La Quinta Golf & Country Club features a remarkable 27-hole course. Los Naranjos Golf Club is considered a paradise for the practice of this sport. The Marbella Club Golf Resort has in its complicated course with 18 holes . It is located on the road from Cadiz and is a field of competition, characterized by small greens and a natural course of varied vegetation. And finally we could cite the Real Club de Golf Las Brisas; Santa Clara Golf; Green Life Golf Club; Club de Golf Rio Real; Flamingos Golf Club, or the Santa Maria Golf Club, exceptional greenery all fields.
5. The nightlife has no comparison
Artists and famous people share the music of the most famous DJ`s of the music scene in places like Olivia Valere, Pangea, Cavalli, Seven, Tibu, among others. Perhaps you do not want only go to a club, you can also enjoy in a pub or in a beach club in front of the sea like Nikki Beach. Gather all together, it makes the perfect combinatios for unforgettable nights.
6. artists and Jet Set pass their summers here
The glamor that has accompanied Marbella since the 50`s is directly related to the stars and celebrities who used to visit her and many still continue to do so.
The city whose history as an international tourist destination is linked to the jet set and the glamorous era when Hollywood stars such as Deborah Kerr, Frank Sinatra and Liza Minnelli regularly visited this coast bathed by the sun.
After years of inactivity by American visitors, Hollywood stars likes Prince, Melanie Griffith and George Clooney have rekindled passion for Marbella, and its wake seems to have left also influences the large investments have been made in this region. US investors, having acquired several luxury housing complex in Marbella and surroundings, are looking to expand their participation in the area, with a budget of over 400 million dollars.
These have been joined by the famous Brad Pitt and Angelina Jolie couple, who spent several summers in the city as well as the Paris Hilton socialite, who followed the footsteps of his grandfather, not so much to create a hotel chain but enjoy Marbella, since Conrad Hilton in 1969 came personally to inaugurate a hotel belonging to his signature, although its establishment has been sold. Michelle Obama, though, is another of the personalities who have visited the Costa del Sol and also made touring the rest of Andalusia.
Written by: CAPD
Contribution to the reader: Know the diversity of reasons to invest in the Costa del Sol, whether for quality, excellent real estate market situation or entertainment purposes.