Property in Malaga
With an estimated six million visitors each year, Malaga is one of Spain's most popular tourist destinations, offering a enticing mixture of laid back Mediterranean lifestyle with modern day cosmopolitan Spain. Combining stunning beaches, beautiful landscapes, incredible nightlife and superb cuisine, it is easy to see why so many people have chosen to buy property in Malaga and the surrounding areas in recent years.
The city of Malaga itself is comprised of three main regions, the Calle de Granada, the Plaza de la Constitution and the Marques de Larios. Each of these areas possess their own unique charm and identity, and all offer a wide range of shopping centres, bars, restaurants and cultural attractions. Outside of the main city area, the beautiful Spanish countryside is slowly characterised by the Axarquia Hills, and the Guadalmedia and Guadalhorce Rivers, all of which provide stunning backdrops to this beautiful part of Southern Spain.
Throughout the year, Malaga offers residents a warm Mediterranean climate, averaging around 14-15 degrees Celcius during the cooler winter months, rising to around 24-26 degrees during the Summer. The Malaga region is well served by Malaga International Airport, and a large number of low cost airlines offer daily cheap flights to Malaga.
Although the Malaga property market was affected by the recent economic downturn, there are early signs that the demand for property in Malaga is beginning to increase once more. It is always worth putting short term economic fluctuations in a longer context, and it is worth noting that property in Malaga is on average around 28-30% more expensive than the Spanish national average. Such is the consistent demand from investors and holiday home purchasers seeking to own their own slice of the Mediterranean dream lifestyle.
Within the Malaga region are a number of destinations which have proven highly popular with overseas investors and holiday home buyers, to such an extent that these destinations are almost synonymous with the Spanish property market today. In particular, resorts such as the ever popular Marbella and the exclusive Puerto Banus are amongst the most well known tourist resorts in Spain.
Property in: Marbella |
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