Buying real estate is an increasingly popular way to invest free capital. So why not invest abroad and get your dream holiday destination? The obvious benefit of this solution is that more and more people are choosing to buy a holiday house or apartment in Spain. Of particular interest is the Coast of the Sun, the famous Costa del Sol.
The Costa del Sol is one of the most popular holiday destinations in Spain. Sandy beaches, beautiful landscapes and more than 300 days of sunshine a year attract tourists from all over the world, and the season lasts virtually all year round. The great potential of the region creates a favourable situation for investors who plan to buy a house or holiday apartment for rent or for their own needs. Why is it worth investing in real estate? Here are a few reasons!
Beautiful weather
It is not for nothing that the Costa del Sol is called the Coast of the Sun. More than three-quarters of the days of sunshine a year means excellent conditions for sunbathing and hiking most months. The long summers and mild winters encourage you to move or take a holiday outside of the holiday season as well. In summer, the temperature is usually around 35 degrees, and in winter, it rarely drops below 10 degrees Celsius.
Stunning landscapes
The coast also invites with its fairy-tale landscapes. In addition to the beaches, the rocky coasts, numerous valleys and huge farmlands are the most impressive. In the immediate vicinity of the Costa del Sol there are also the highest mountains of mainland Spain, the Sierra Nevada, which in winter turn into a skiing paradise.
Excellent communication
The Costa del Sol offers excellent connections between coastal towns, making it easy to move between resorts. Locals and tourists have at their disposal the railway and buses. There are also numerous car rental companies. Malaga International Airport serves domestic and international flights. From Warsaw we can get here in as little as three hours.
Diversified real estate offer
The Costa del Sol has a diverse and thriving real estate market. The offer includes apartments, villas and holiday homes. The price of the property is on average 150-250K euros and varies depending on the location and distance from the sea. The most expensive properties are located in the luxury resorts of Marbella and Malaga. Cheaper offers can be found in the vicinity of Torremolinos, Fuengirola or Manilvi.
Low maintenance
The warm climate and plenty of sunshine mean that the costs for utilities such as electricity and gas in Spain are much lower than in other European countries. The apartment does not require intensive heating in winter, and there is no problem with moisture or frost. The coast of Spain is also affordable in terms of daily life and expenses such as shopping or services.
Possibility of renting and own place for holidays
After all, buying a property in Spain means renting and having your own holiday destination. A very popular option is the one in which the investor rents the apartment to tourists in the high season and uses the property himself outside the holidays. The possibility of renting is a way to make a monthly profit, and the stable increase in the value of the property makes the purchase itself a good investment.
