10 Reasons Why You Should Invest In Property In Costa Del Sol

Key takeaways:

• Understand the 10 reasons why you should invest in property in Costa del Sol.
• Associate with professionals who can help you make your smooth international property investment decisions.

Are you thinking about foreign property investment?

Costa del Sol (Malaga) remains a prime location for foreigners, especially from the UK, to invest in real estate. 

Don’t believe us?

Here are some stats: British buyers accounted for 10.1% of all the international buyers in Costa del Sol.

There might be a solid reason behind these staggering numbers, right?

But do you know the reasons why you should invest in property in Costa del Sol?

Let’s find out.

Major Reasons to Proceed with Property Investment in Costa del Sol

There are multiple reasons to purchase a property in Costa del Sol, but we’ll highlight the top 10 reasons:

It offers a vibrant culture

Malaga is a hub of activity with museums such as the Picasso, Pompidou, and Carmen Thyssen Museums, alongside historical sites like Roman ruins and the ancient Arabic Citadel. 

The vibrant arts scene is complemented by an array of theaters, music concerts, and classical performances, particularly during the Starlite Festival in the summer, enhancing its status as a cosmopolitan locale.

High-quality healthcare

Healthcare services in Malaga are top-notch, featuring several advanced hospitals and specialized clinics that offer cosmetic and medical treatments to meet a variety of health needs.

Top-notch amenities

The area is replete with high-end amenities, including restaurants, shopping centers, theaters, nightclubs, golf courses, international schools, and marinas like Puerto Banus.

For shoppers, the area offers exclusive shopping opportunities with high-end boutiques and designer stores. Whether you’re looking for the latest fashion trends, unique jewelry, or artisan products, you’ll find plenty of options to satisfy your desires.

Solid connectivity

Costa del Sol, particularly Malaga, is well-connected both locally and internationally.

• Airports: Malaga is served by Malaga-Costa del Sol Airport, one of the busiest airports in Spain, which offers numerous daily flights to and from major cities across Europe and beyond. 

• Railway system: Malaga’s modern railway system includes high-speed train services that connect it to major Spanish cities like Madrid and Barcelona in just a few hours. 

• Highways: The region is crisscrossed by well-maintained highways that make road travel efficient and straightforward.

Privileged lifestyle

Whether it’s hiking in pristine mountain trails, enjoying upscale dining, engaging in sports, lounging on sandy beaches, indulging in vibrant nightlife, skiing a short drive away in Granada, gambling in Marbella’s casino, or relaxing in a scenic spot with a glass of fine wine, the region offers an array of activities. 

Low taxes

Taxation in Andalusia has become favorable under the new regional government, which is committed to low-tax policies. Major reductions have been made in inheritance and gift taxes, wealth tax (abolished in 2022), property transfer tax, and stamp duty. 

Also, inheritance tax may not be applicable on estates under one million euros for direct relatives, and amounts over this threshold face a mere 1% tax on the excess. 

Pleasant climate

The region offers a pleasant climate, with around 300 sunny days per year. As Costa del Sol means Coast of the Sun, its climate justifies its name. The consistent light and warmth make it an appealing destination year-round.

Aren’t you excited about your next investment?

The pleasant weather also makes the region ideal for outdoor dining and entertainment, contributing to a vibrant social life. 

Whether it’s winter or summer, the temperate conditions seldom reach extremes which makes Costa del Sol a perfect place for those seeking to escape harsher climates.

Affordable prices

Property prices on the Costa del Sol remain an attractive bargain compared to those in the UK. For what you’d typically spend on a modest semi-detached home in a less desirable UK location that lacks views or luxury, you could purchase a stunning villa in Costa del Sol.

Pristine beaches

Enjoy the sunshine on the amazing beaches of Costa del Sol, many of which have been awarded the esteemed Blue Flag for their exceptional cleanliness and safety standards.

But what’s the Blue Flag?

The Blue Flag is an international designation that recognizes beaches for their cleanliness, water quality, safety measures, and availability of amenities like lifeguards and restroom facilities.

Investment growth

The property market in Costa del Sol is popular and proves to be a great investment. 

Why?

Property values here have been consistently rising, which offers good potential for property appreciation. So, buying a property now could lead to significant financial gains in the future as the value of your property increases.

However, completing a successful international property purchase can be overwhelming if you don’t have professionals assisting you.

That’s where you can trust Pluxa Property.

Choose Pluxa Property For Spain Property Investments

Let’s accept it; it can get complex if you want to invest away from your country. 

You need a professional team to handle the nitty-gritty aspects of international property investment in Spain and help you complete the purchase. 

We at Pluxa Property offer end-to-end property investment solutions to help you achieve your desired financial outcomes with international property investments.

Our team has experience in communicating smoothly with local agents, lawyers, and other officials to ensure you don’t face any hiccups while completing transactions. 

So, what’s making you wait?

Contact our team.

FAQs

What is the property market like in Costa del Sol?

The property market in Costa del Sol is very active and appealing. Different properties are available, from luxurious villas with ocean views to more affordable apartments. Prices are more reasonable compared to many other popular locations in Europe, especially the UK.