Buying a property on the Costa del Sol is a good idea at the moment if you want to invest your money wisely. This beautiful region is well known for its excellent golf courses, fabulous beaches, delicious food and charming white hinterland villages with a perfect climate. Here you can find a wide range of resale villas and apartments, bank repossessions with up to 100% finance and new developments.
The brisk property market last year meant that properties spent little time on the Costa del Sol – according to a survey by Idealista, 20% of homes sold in under a week, 15% took a month and 21% three months before finding a buyer. Only four other provinces had a faster market: Cuenca, Madrid, Granada and Catalonia.
A quick glance at the latest property sales figures shows that the Costa del Sol and Malaga city have started 2021 with a bang. Sales have been brisk and prices are on the rise.
Moreover, the new-build market is doing very well. New-build sales accounted for 27% of the market in Q1 according to the Registrars’ Association, up from 15% and 10% in the previous two years.
The trend is expected to continue as Spain relaxes travel restrictions from June onwards. That will undoubtedly encourage the international community to make up for lost time and buy their dream home in Spain. property sales costa del sol